What are the responsibilities and job description for the NERA Senior Consultant (Boston) position at Oliver Wyman?
National Economic Research Associates, Inc. is seeking candidates for the following position based in Boston, MA (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies.):
Senior Consultant: (Multiple positions)
We will count on you to:
Conduct economic research and analysis for antitrust and competition cases and perform applied economic research for government and/or business clients, leveraging background knowledge from microeconomics, game theory, industrial organization and market design. Serve as an integral member of the Antitrust & Competition Practice. Set up and organize the general work structure on mergers, acquisitions, consumer protection, auctions and other antitrust and market design projects. Apply knowledge of microeconomics and related fields to perform complex economic research and analysis of business organizations, market industries, and economic outcomes. Manage the development of economic and econometric models using advanced statistical software such as Python, R and Stata. Perform extensive quantitative analyses to test and evaluate the competitive performance of industries. Design and conduct research specific to the case at issue, prepare reports and client presentations of research findings from which colleagues, government agencies and clients can make informed economic decisions. Write expert reports, market studies and policy recommendation briefings. Deliver internal and external presentations on antitrust related projects and contribute to or present at expert panels or industry conferences. Author and publish in internal newsletters, academic and legal journals, or trade press. Effectively oversee project teams of approximately three junior staff members on a project-by-project basis, including planning, directing, and supervising work performance to guarantee accuracy and adherence to deadlines and project budget. Conduct business development activities including attending conferences, networking and delivering external presentations to gain new clients and/or enter new markets. Manage client relationships by strategizing solutions for clients, developing processes for analysis and communications, and being a real-time point of contact. Maintain a trusted advisor relationship with clients, demonstrating an understanding of client needs and generating solutions.
What you need to have:
Must have a PhD degree or foreign equivalent in Economics or a related field plus two (2) years of experience in the position offered, as a Consultant, Research Associate, or a related position. In the alternative, employer would accept a Master’s degree or foreign equivalent in Economics or a related field plus five (5) years of experience in the position offered, as a Consultant, Research Associate, or a related position. Two (2) years of experience with a PhD (or five (5) years in the alternative with a Masters) must include: Conducting advanced microeconomic analysis and applied game theory to evaluate salient facts in cases relating to antitrust litigation matters; Using Python, R, and Stata to process big data, develop complex econometric models, and creating and managing big data workflows for advanced statistical analysis using Azure or Data Bricks cloud platforms; Developing sections of expert reports and drafting letters to clients or regulatory agencies to clearly explain and present the results of applied microeconomic and econometric analyses; Applying antitrust concept, including Horizontal Mergers Guidelines, to conduct quantitative, statistical, and econometric analyses in the context of multi-sided platforms; Using advanced data visualization software, including Pandas or Seaborn, to design and prepare exhibits and tables that support project analyses; Developing economic and applied game-theoretic models to provide a framework for the analysis of litigations, auctions, or consumer protection; Documenting and communicating data diagnostics, methodologies, and assumptions supporting a complex economic and econometric theory, and presenting the arguments and implications of research outcomes from analysis with managers and experts; Managing small cases or parts of larger cases in antitrust litigation or consumer protection matters, and ensuring successful completion as per designated deadlines, utilizing effective project management, project communication and team management, through mentoring, training, and assigning tasks to junior researchers; Business development responsibilities including attending conferences, networking and delivering external presentations; Client management responsibilities including strategizing solutions for clients, developing processes for analyses and communications, managing staff to maintain projects within budgeted parameters, and being a real-time point of contact.
The applicable base salary range for this role is $225,000 to $270,000 per year.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.
Since 1961, NERA (https://www.nera.com) has provided unparalleled guidance on the most important market, legal, and regulatory questions of the day. Our work has shaped industries and policy around the world. Our field-leading experts and deep experience allow us to provide rigorous analysis, reliable expert testimony, and data-powered policy recommendations for the world’s leading law firms and corporations as well as regulators and governments. Our experience, integrity, and economic ingenuity mean clients can depend on us in the face of their biggest economic and financial challenges.
Marsh McLennan is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
Marsh McLennan 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 McLennan 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.
R_327311
Senior Consultant: (Multiple positions)
We will count on you to:
Conduct economic research and analysis for antitrust and competition cases and perform applied economic research for government and/or business clients, leveraging background knowledge from microeconomics, game theory, industrial organization and market design. Serve as an integral member of the Antitrust & Competition Practice. Set up and organize the general work structure on mergers, acquisitions, consumer protection, auctions and other antitrust and market design projects. Apply knowledge of microeconomics and related fields to perform complex economic research and analysis of business organizations, market industries, and economic outcomes. Manage the development of economic and econometric models using advanced statistical software such as Python, R and Stata. Perform extensive quantitative analyses to test and evaluate the competitive performance of industries. Design and conduct research specific to the case at issue, prepare reports and client presentations of research findings from which colleagues, government agencies and clients can make informed economic decisions. Write expert reports, market studies and policy recommendation briefings. Deliver internal and external presentations on antitrust related projects and contribute to or present at expert panels or industry conferences. Author and publish in internal newsletters, academic and legal journals, or trade press. Effectively oversee project teams of approximately three junior staff members on a project-by-project basis, including planning, directing, and supervising work performance to guarantee accuracy and adherence to deadlines and project budget. Conduct business development activities including attending conferences, networking and delivering external presentations to gain new clients and/or enter new markets. Manage client relationships by strategizing solutions for clients, developing processes for analysis and communications, and being a real-time point of contact. Maintain a trusted advisor relationship with clients, demonstrating an understanding of client needs and generating solutions.
What you need to have:
Must have a PhD degree or foreign equivalent in Economics or a related field plus two (2) years of experience in the position offered, as a Consultant, Research Associate, or a related position. In the alternative, employer would accept a Master’s degree or foreign equivalent in Economics or a related field plus five (5) years of experience in the position offered, as a Consultant, Research Associate, or a related position. Two (2) years of experience with a PhD (or five (5) years in the alternative with a Masters) must include: Conducting advanced microeconomic analysis and applied game theory to evaluate salient facts in cases relating to antitrust litigation matters; Using Python, R, and Stata to process big data, develop complex econometric models, and creating and managing big data workflows for advanced statistical analysis using Azure or Data Bricks cloud platforms; Developing sections of expert reports and drafting letters to clients or regulatory agencies to clearly explain and present the results of applied microeconomic and econometric analyses; Applying antitrust concept, including Horizontal Mergers Guidelines, to conduct quantitative, statistical, and econometric analyses in the context of multi-sided platforms; Using advanced data visualization software, including Pandas or Seaborn, to design and prepare exhibits and tables that support project analyses; Developing economic and applied game-theoretic models to provide a framework for the analysis of litigations, auctions, or consumer protection; Documenting and communicating data diagnostics, methodologies, and assumptions supporting a complex economic and econometric theory, and presenting the arguments and implications of research outcomes from analysis with managers and experts; Managing small cases or parts of larger cases in antitrust litigation or consumer protection matters, and ensuring successful completion as per designated deadlines, utilizing effective project management, project communication and team management, through mentoring, training, and assigning tasks to junior researchers; Business development responsibilities including attending conferences, networking and delivering external presentations; Client management responsibilities including strategizing solutions for clients, developing processes for analyses and communications, managing staff to maintain projects within budgeted parameters, and being a real-time point of contact.
The applicable base salary range for this role is $225,000 to $270,000 per year.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.
Since 1961, NERA (https://www.nera.com) has provided unparalleled guidance on the most important market, legal, and regulatory questions of the day. Our work has shaped industries and policy around the world. Our field-leading experts and deep experience allow us to provide rigorous analysis, reliable expert testimony, and data-powered policy recommendations for the world’s leading law firms and corporations as well as regulators and governments. Our experience, integrity, and economic ingenuity mean clients can depend on us in the face of their biggest economic and financial challenges.
Marsh McLennan is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
Marsh McLennan 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 McLennan 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.
R_327311
Salary : $225,000 - $270,000
