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How much do mckinsey risk jobs pay per year?

As of May 31, 2026, the average yearly pay for mckinsey risk in the United States is $98,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,000.00 and $87,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a McKinsey Risk consultant, and why are they important?

To thrive as a McKinsey Risk consultant, you need strong analytical abilities, quantitative skills, and a background in fields like finance, economics, or data science, often supported by advanced degrees. Familiarity with risk modeling tools, data analytics platforms (such as SAS or Python), and professional certifications like CFA or FRM are commonly valued. Outstanding communication, problem-solving, and stakeholder management skills set top performers apart in this role. These capabilities are crucial for delivering actionable insights, managing complex client challenges, and driving effective risk mitigation strategies.

What are the typical challenges faced by consultants in the McKinsey Risk practice, and how can I prepare to address them?

Consultants in the McKinsey Risk practice often face challenges such as understanding complex regulatory environments, tailoring risk management solutions to diverse client industries, and balancing multiple projects with tight deadlines. To succeed, it's important to stay current on global risk trends, develop strong analytical skills, and be proactive in client communication. Collaboration with teams across disciplines and continuous learning are also key to navigating these challenges effectively.

What is McKinsey Risk?

McKinsey Risk refers to the division or practice within McKinsey & Company that specializes in helping businesses identify, assess, and manage risks. This includes financial, operational, regulatory, and strategic risks across various industries. McKinsey Risk consultants work with clients to develop risk management frameworks, improve compliance, and build resilience against emerging threats. Their services often involve advanced analytics, scenario planning, and advising on best practices for risk mitigation.
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Infographic showing various Mckinsey Risk job openings in the United States as of May 2026, with employment types broken down into 50% As Needed, and 50% Temporary. Highlights an 96% Physical, and 4% Hybrid job distribution, with an average salary of $98,823 per year, or $47.5 per hour.
Director, Business Value Services (BVS) - Health Division

Director, Business Value Services (BVS) - Health Division

Wolters Kluwer

Riverwoods, IL

$165.40K - $295.60K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Wolters Kluwer rating

8.8

Company rating: 8.8 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

30th of 184 rated software companies

Job description

Director, Business Value Services (BVS) - Health

Location:United States (Hybrid)
Reporting To:Vice President, Business Value Services (BVS)inour Revenue Operations Group

About the Role

Wolters Kluwer is building a Business Value Services (BVS) capability to position the company as avalue-led partner, not just a software provider.The Director of Business Value Services (BVS) for Health is a senior individual contributor responsible for drivingvalue-based selling and business case rigoracross theHealthdivision.This is ahigh-impact, client-facing rolefocused on supporting large, complex deals by articulating and quantifying the financial and strategic value of Wolters Kluwer Health solutions. The role combinestop-tier consulting problem solving with enterprise SaaS commercial execution.

Key Responsibilities

Strategic Deal Engagement

  • Partner with Sales ontop accounts and largest opportunities

  • Shape deal strategy to maximizeACV/TCV and win probability

  • Act as atrusted advisortoaccountteams and senior customer stakeholders

  • Support negotiation strategy and value-based pricing

Business Case Development & Value Engineering

  • Buildrobust, data-driven business casesfor strategic deals

  • Quantify customer impact across:

  • Revenue growth

  • Cost optimization

  • Clinical and operational efficiency

  • Risk mitigation and compliance

  • Translate WK Health capabilities intoclear financial and strategic outcomes

Executive Storytelling

  • Develop and deliverC-level narratives(CFO, COO, CIO, CMIO)

  • Lead executive discussions on:

  • Investment rationale

  • ROI and payback

  • Strategic impact

  • Alignclinical, financial, and IT stakeholders

Deal Acceleration & Pipeline Impact

  • Identify and remove barriers to closing (urgency, budget, stakeholder alignment)

  • Improvewin rates, deal velocity, and pipeline conversion

  • Support account planning and growth strategy

Value Selling Enablement

  • Equip sales teams with:

  • Value-based proposals (VSPs)

  • ROI models and financial tools

  • Messaging frameworks

  • Coach account teams onvalue-based selling

Cross-Functional Collaboration

  • Partner with:

  • Sales (pipeline, deal strategy)

  • Product (value proposition alignment)

  • Marketing (value messaging)

  • Provide insightsoncustomer value gaps and market needs

Success Metrics

  • Increase inaverage deal size (ACV/TCV)

  • Improvedwin rates on strategic deals

  • Reduction insales cycle length

  • Measurable impact onpipeline conversion

  • Adoption ofvalue-based selling across Health

Qualifications

Experience

  • 10-15+ years of experience in:

  • Top-tier consulting (McKinsey, BCG, Bain) and/or

  • Enterprise SaaS / HealthTech / healthcare services

  • Proven track record in:

  • Business case development / value engineering

  • Supporting complex enterprise deals

  • C-level stakeholder engagement

US Healthcare Experience (Required)

  • Direct experience in theUS healthcare market is required

Including:

  • Experience working with:

  • Health systems / IDNs

  • Payers / health plans

  • Strong understanding of:

  • Clinical workflows and care delivery models

  • Revenue cycle management (RCM)

  • Value-based care and quality metrics

  • Healthcare data, analytics, and decision support

Healthcare Financial Acumen

  • Ability to build business cases tied to:

  • Hospital margin improvement

  • Cost reduction and efficiency gains

  • Clinical productivity and outcomes

  • Familiarity with:

  • US reimbursement models (fee-for-service vs value-based)

  • Healthcare budgeting and capital allocation processes

Capabilities

  • Strongfinancial modeling and ROI expertise

  • Exceptionalstructured problem solving

  • Executive-levelcommunication and storytelling

  • Ability to operate independently inhigh-ambiguity environments

  • Experience navigatingcomplex, multi-stakeholder buying processes

Profile

  • Former consultant (McKinsey / BCG / Bain) with healthcare focusand/or

  • Value engineering / strategy leader from leading SaaS or HealthTech companies

  • Comfortable beinghands-on in deals, not managing teams

Additional Information

  • This is anindividual contributor role(no direct reports)

  • Highly collaborative and cross-functional

  • Significant exposure tosenior internal leaders and C-level customers

Our Interview Practices

To maintain a fair and genuine hiring process, we kindly ask that all candidates participate in interviews without the assistance of AI tools or external prompts. Our interview process is designed to assess your individual skills, experiences, and communication style. We value authenticity and want to ensure we're getting to know you-not a digital assistant. To help maintain this integrity, we ask to remove virtual backgrounds and include in-person interviews in our hiring process. Please note that use of AI-generated responses or third-party support during interviews will be grounds for disqualification from the recruitment process.

Applicants may be required to appear onsite at a Wolters Kluwer office as part of the recruitment process.

Compensation:

$165,400.00 - $295,600.00 USDThis role is eligible for Bonus.

Compensation range listed is based on primary location of the position. Actual base salary offer is influenced by a wide array of factors including but not limited to skills, experience and actual hiring location. Your recruiter can share more information about the specific offer for the job location during the hiring process.

Additional Information:

Wolters Kluwer offers a wide variety of competitive benefits and programs to help meet your needs and balance your work and personal life, including but not limited to: Medical, Dental, & Vision Plans, 401(k), FSA/HSA, Commuter Benefits, Tuition Assistance Plan, Vacation and Sick Time, and Paid Parental Leave. Full details of our benefits are available upon request.

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