Oliver Wyman - Energy & Natural Resources - Principal (m/f/d) – Milan - Italy

Company: Oliver Wyman Description: Who We Are Oliver Wyman is a global management consulting firm. We work with clients through their most defining moments, combining deep industry knowledge, specialized expertise, and the power of perspective to help them adapt, grow, and thrive. We believe diverse perspectives make the work stronger. Our consultants bring different backgrounds, experiences, and ways of thinking to help solve complex problems and create lasting impact for clients, colleagues, and communities. At Oliver Wyman, we are proud of the values that we aspire to live by. We are committed to creating an inclusive environment where everyone can thrive and reach their full potential. Energy & Natural Resources Our Energy & Natural Resources practice helps energy companies, investors, and public-sector stakeholders navigate strategic and operational challenges across power and utilities, oil and gas, chemicals, mining and metals, and adjacent infrastructure. We combine deep sector expertise with strategy, operations, risk, organization, and digital capabilities to deliver practical results. The sector is being reshaped by decarbonization, electrification, security of supply, evolving regulation, capital reallocation, new technologies, and changing customer expectations. From Milan, you will work with Italian and international clients on the choices that define the energy transition while helping established businesses improve performance, resilience, and value creation. What You Will Do As a Principal, you will be a leading transformational engagement with C-suite clients and contribute to the growth of our successful Energy & Natural Resources practice in Italy. Working closely with Partners, you will combine trusted client counsel, rigorous problem solving, commercial leadership, and people development to continue growing Oliver Wyman capabilities in the energy and utilities sectors. Principals are expected to demonstrate the readiness and trajectory to become future Partners of the firm: Advise senior executives and boards on their most important strategic and operational priorities, including portfolio strategy, growth, transformation, performance improvement, energy transition and, decarbonization, and resilience. Lead complex, high-impact engagements with C-Suite clients from problem definition through recommendation and implementation. Build trusted client relationships; shape executive discussions, influence decisions, and be recognized as a go-to advisor in the Energy & Natural Resources sector. Identify, originate, and expand commercial opportunities in collaboration with Partners; lead client development, identify leads and client’s critical issues, develop proposals and co-lead the growth of Milan and broader European Energy practice. Bring distinctive sector expertise while connecting clients to Oliver Wyman capabilities and specialists across geographies and adjacent industries. Create high-quality intellectual capital and thought leadership that advances client conversations, strengthens the firm’s market position, and builds your external profile. Direct and develop project teams, set clear expectations, provide timely coaching and feedback, and create an inclusive environment in which colleagues can perform and grow. Act as an entrepreneur and steward of the firm, contributing to recruiting, talent development, knowledge building, and the broader Oliver Wyman community. Why Join Us? You can be your best here. Meaningful work, talented colleagues, and a culture of trust and growth will help you thrive. Create solutions that have impact Lead consequential Energy & Natural Resources work that delivers practical, lasting results for clients and society. Develop as a leader Strengthen the client, commercial, and people-leadership capabilities expected of a future Partner. Learn and grow without limits Deepen your expertise through global collaboration, coaching, feedback, and entrepreneurial opportunities. Thrive in a vibrant and inclusive culture Work with supportive, down-to-earth colleagues in an inclusive culture built on trust and shared success. Experience rewards that work for you Benefit from competitive local rewards, flexibility, and programs that support well-being and sustainable performance. Who Can Apply We welcome accomplished consulting and industry leaders with substantial expertise in Energy & Natural Resources in the Italian market and are motivated to grow our successful franchise in Milan. We value different professional and personal backgrounds and assess candidates on the evidence of impact, leadership, judgment, and potential they bring. Required Qualifications At least 8-10 years of relevant professional experience, with significant experience in a top-tier strategy consulting firm or a comparable advisory environment. Demonstrated expertise in Energy & Natural Resources sectors, such as utilities, power & gas, energy infrastructure, private capital. A strong record of leading complex strategy and transformation projects Demonstrated commercial contribution, including identifying opportunities, shaping propositions, and supporting or leading business development. Proven ability to lead, coach, and develop high-performing, diverse teams. Outstanding structured problem-solving, analytical, written, and verbal communication skills. Fluency in Italian and English, with the ability to work effectively in both languages. A master degree or MBA with a strong academic record. Willingness to travel within Italy and internationally as client needs require. How to Apply Please submit your CV and a cover letter describing your relevant Energy & Natural Resources experience, leadership impact, and interest in joining Oliver Wyman in Milan. Applications should be made through the Oliver Wyman careers site. Please do not send sensitive personal or financial information outside the official application process. What to Expect During the Interview Process At Oliver Wyman, we want you to shine in your interview. Our process is designed like our work environment—it is challenging, engaging, and collaborative. The process typically combines conversational and case-based interviews. It is intended to help us understand your experience, leadership approach, sector expertise, commercial judgment, and problem-solving capabilities, while giving you the opportunity to learn more about our people and our culture. Compensation information Job title: Principal Location: Milan Contract type: Permanent Local hiring contract applied: CCNL Commercio (National Collective Bargaining Agreement of companies in the Services and Distribution Sectors) Local Contract hiring Level / Classification: Dirigenti Remuneration Total compensation for this role includes base salary, annual discretionary performance bonus, and a market-leading benefits package described below. The expected base salary remuneration range for these positions is between EUR 140.000 gross and EUR 165.000 gross per year (full-time equivalent). This amount is expressed as a full-time equivalent. The above base salary has been determined on the basis of objective and gender-neutral criteria, in accordance with applicable law. Any final salaries may vary based on factors such as your unique blend of experience and skills and our current organizational needs. We will also grant any relevant economic provisions provided by the National Collective Bargaining Agreement to successful candidates. Variable compensation and benefits Variable pay Annual discretionary bonus under the terms of the applicable Company Policy (variable remuneration linked to individual and company performance) Benefits (company-paid and additional benefits) Supplementary insurance package paid by the Company, including health, life, accident insurance and permanent disability coverage Company car or car allowance available for eligible roles under the Car Policy of Oliver Wyman Italia Subscription to Wellhub paid by the Company Corporate discounts: access to a range of partner discounts Employee Assistance Program (EAP): confidential psychological, legal, and financial support services Bonus for employee referral to fill an official vacancy Employee Share Purchase Plan Seniority milestone paid leave Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit , or follow us on LinkedIn and X. Marsh is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.