Insurance Consultant Milan - Risk Management


  • Undergraduate or master's degree in economics, business, mathematics, or physics
  • Outstanding record of academic achievement
  • 3+ years of professional experience in risk management in insurance, particularly in Solvency II, financial, operational, and ALM/market risk
  • Proven record of leadership in a work setting and/or through extracurricular activities
  • Exceptional analytical and quantitative problem-solving skills
  • Ability to work collaboratively in a team environment
  • Ability to work effectively with people at all levels in an organization
  • Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
  • Willingness to travel

Who You'll Work With

You'll work with our Risk practice in Milan, Italy. This global practice supports clients in many different industries facing challenges of developing and implementing tailored concepts for risk recognition, measurement, and control.

Facing extreme volatility in financial and commodity markets, more and more of our clients are realizing that effective, risk-informed strategy can offer a major source of competitive advantage. We take a truly global, cross-sector, cross-functional view of risk issues, combining McKinsey's deep industry insight and strategic skills with a structured risk-management approach, proven methodologies focused on true transformation, analytical tools, and practical implementation.

What You'll Do

You will focus on insurance risk projects, involving problem solving on a wide range of risk-related issues in the insurance industry.

You'll work in teams of typically 3 – 5 consultants, playing an active role in all aspects of client engagement. This includes assist client teams in understanding and quantifying risk exposures, evaluating risk strategies, and building and maintaining risk models by being staffed full-time on one engagement or providing ad-hoc assistance to several engagements.

You will use your expertise in risk management to contribute to the success of our international clients and work as a member of project teams on site. As part of our international network, you will also expand your network of internal and external experts worldwide and work with them on internal projects to develop our risk management know-how.

The scope of this role ranges from developing new concepts to implementing proprietary tools. The wide variety of challenges will give you many ways to expand and sharpen your own knowledge. In addition, we also offer a wealth of other opportunities for further professional development.

Meet Some of McKinsey's Employees

Danielle B.


Danielle is one of the leaders of McKinsey’s business with retail and consumer clients. She oversees client projects and helps her teams and her clients utilize McKinsey’s resources.

Fope F.

Senior Associate

Fope helps lead a small team that works for McKinsey clients, helping them address business challenges and strategic questions. Though based in the NYC office, she travels frequently so she can be in-person with her clients.

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