Oliver Wyman Case Interview: Step-By-Step Guide (2026)
Author: Taylor Warfield, Former Bain Manager and interviewer
Last Updated: July 6, 2026
Oliver Wyman case interviews are candidate-led, meaning you drive the entire case from opening framework to final recommendation across two rounds of interviews. In this guide, you will learn exactly how the Oliver Wyman interview process works, how to solve each type of case, and the strategies that consistently turn interviews into offers.
Before reading on:
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Key Takeaways
To pass an Oliver Wyman case interview, you need to lead a 30 to 45 minute business case yourself: structure the problem, drive the analysis, do the math accurately, and deliver a clear recommendation.
- Oliver Wyman cases are fully candidate-led, the same style used at BCG and Bain
- Expect two rounds: two interviews in the first round and up to three in the final round, including a possible written case
- Market sizing questions show up often in first round interviews, so sharpen your estimation math
- Interviewers score you on structure, analytics, business judgment, communication, and fit
- Oliver Wyman publishes 6 official practice cases, the best free prep material available for this firm
- Most successful candidates prepare for 4 to 8 weeks before their first interview
What Changed in 2026?
Parent company Marsh McLennan rebranded as Marsh in January 2026, and Oliver Wyman will go to market as Oliver Wyman, a Marsh business, starting in 2027. Oliver Wyman also posted $3.4 billion in 2024 revenue, up 9% year over year. Finally, the firm refreshed its official practice case library, replacing the older Wumbleworld and Aqualine cases with six new cases that are linked later in this guide.
What Is Oliver Wyman?
Oliver Wyman is a global management consulting firm ranked #6 on Vault's Consulting 50 list. The firm was founded in New York in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman.
Today, Oliver Wyman operates in over 60 offices across 29 countries with more than 5,000 professionals. The firm generated $3.4 billion in revenue in 2024, a 9% increase over the prior year, according to Marsh McLennan's fourth quarter 2024 results.
Oliver Wyman is a subsidiary of Marsh McLennan, a professional services giant with over $24 billion in annual revenue and more than 90,000 employees across 130 countries. Marsh McLennan rebranded as Marsh in January 2026, but Oliver Wyman keeps its name and its distinct consulting identity.
Oliver Wyman is best known for its deep expertise in financial services, but also serves clients across automotive, energy, healthcare, retail, telecommunications, and transportation. The firm is organized into three main business verticals:
- Financial Services: the largest practice and the firm's signature specialty. Oliver Wyman is widely regarded as one of the top financial services consulting firms in the world
- Consumer, Industrial, and Services: covers consulting across sectors outside of financial services, including retail, manufacturing, and media
- Health and Life Sciences: focuses on pharmaceuticals, healthcare systems, and biotech clients
According to published data, Oliver Wyman's graduate scheme acceptance rate is approximately 2%, with fewer than 30% of applicants even receiving an interview invitation. Having coached hundreds of candidates through consulting interviews, I can tell you that thorough preparation is the single biggest factor separating those who get offers from those who don't.
What Is the Oliver Wyman Interview Process?
The Oliver Wyman interview process has two main rounds, and the entire process takes an average of 29 days from application to offer, according to Glassdoor data from over 700 reported interviews. Before interviews begin, you will submit your resume and cover letter and may be asked to complete an online assessment.
What happens in the online assessment?
Most shortlisted candidates are asked to complete a 20 to 30 minute Oliver Wyman online assessment before being invited to interviews. The test primarily covers numerical reasoning, testing your ability to process data and perform quantitative calculations quickly.
Some offices also include a competency assessment that measures traits like adaptability, collaboration, and grit. The format varies by location, so confirm the details with your recruiter after being shortlisted.
In my experience coaching candidates, strong performance on the math portion matters most. If your arithmetic is rusty, drill percentages, multiplication, and data interpretation problems until your case interview mental math is fast and accurate.
What happens in the first round interview?
Oliver Wyman first round interviews are conducted in person, by phone, or via video. You should expect two back-to-back interviews, each lasting 30 to 40 minutes. One interview will be a case interview and the other will be a conversational interview with behavioral questions.
Your interviewers will most likely be associates or engagement managers. The case interview in the first round is often a market sizing question or a straightforward business problem such as profitability or market entry.
The conversational interview will cover your resume, your motivation for consulting, and why Oliver Wyman specifically. Expect questions like "walk me through your resume" and "why are you interested in Oliver Wyman?"
What happens in the final round interview?
Oliver Wyman final round interviews are conducted in person at the office you are interviewing for. This is sometimes called a "Super Day" or "Assessment Centre." You will interview with more senior people, such as principals or partners.
Candidates typically have three back-to-back interviews: a case interview, a written case interview (case presentation), and a conversational interview. Not all offices include the written case, so confirm your schedule with your recruiter.
There are three important differences between first round and final round Oliver Wyman interviews.
One, your interviewers will be more senior. This means case interviews may feel more like a discussion about a business problem rather than a structured Q&A. The cases may be more qualitative and open-ended.
Two, there is a greater emphasis on cultural fit. Interviewers want to know if you are coachable, collaborative, and someone they would enjoy working with on a project team. In my experience, candidates who demonstrate genuine curiosity and humility tend to stand out.
Three, your final round interviewers may read notes from your first round interviews. If you struggled in a particular area during the first round, expect to be tested on that area again.
Interview Round |
First Round |
Final Round |
Format |
In person, phone, or video |
In person at the office |
Number of interviews |
2 interviews (30 to 40 min each) |
3 interviews (30 to 45 min each) |
Interviewers |
Associates, engagement managers |
Principals, partners |
Interview types |
1 case + 1 conversational |
1 case + 1 written case + 1 conversational |
Case style |
Often market sizing or straightforward cases |
More qualitative, discussion-based cases |
Fit emphasis |
Moderate |
High (cultural fit is a major factor) |
What Is an Oliver Wyman Case Interview?
An Oliver Wyman case interview is a 30 to 45 minute, candidate-led exercise in which you and the interviewer solve a business problem together. You are expected to structure the problem, request data, perform calculations, and deliver a recommendation. Cases are based on real projects that Oliver Wyman consultants have worked on, giving you a preview of the actual job.
Oliver Wyman case interviews can cover any industry, including financial services, retail, energy, healthcare, transportation, and technology. Common case types include:
- Improving a company's profitability
- Entering a new market or launching a new product
- Evaluating a merger or acquisition
- Developing a pricing strategy
- Growing revenues or market share
Every Oliver Wyman case is candidate-led. In a candidate-led case interview, you are expected to drive the direction of the case. You propose what areas to explore, what analyses to do, and what the next step should be.
The interviewer provides information when you ask for it, but will not guide you step by step. This means you need to be comfortable taking initiative and managing ambiguity. If you go down the wrong path, the interviewer will redirect you, but the expectation is that you lead.
No technical or specialized knowledge is needed. Cases are designed to be solved with general business knowledge and common sense.
How Are Oliver Wyman Case Interviews Different From McKinsey, BCG, and Bain?
Oliver Wyman case interviews differ from MBB case interviews in four ways: they are always candidate-led, they lean heavily on market sizing in the first round, they draw on the interviewer's own client work, and they skew toward financial services topics. If you have prepared for BCG or Bain, the format will feel familiar. If you have only prepared for McKinsey, you need to practice leading the case yourself.
Dimension |
Oliver Wyman |
McKinsey |
BCG and Bain |
Case style |
Candidate-led |
Interviewer-led |
Candidate-led |
First round cases |
Market sizing is common |
Structured multi-part cases |
Full business cases |
Behavioral format |
Conversational interview |
Personal Experience Interview (PEI) |
Standard fit questions |
Written case |
Common in final rounds |
Rare |
Used in select offices |
Case topics |
Heavy financial services skew |
Broad generalist mix |
Broad generalist mix |
The financial services skew is the difference candidates underestimate most. You do not need banking knowledge to pass, but you should be comfortable with concepts like interest margins, loan defaults, and fee revenue. Reading through one or two of the firm's published financial services cases before your interview pays off quickly.
What Does an Oliver Wyman Case Interview Assess?
According to Oliver Wyman's interview preparation page, interviewers evaluate six things: how you approach unstructured challenges, whether you can evaluate data, whether you can think outside the box, whether you apply common sense, whether you ask the right questions, and whether you communicate your ideas clearly. These map to five core qualities.
1. Structured thinking
Can you break a complex problem into clear, logical components? Can you identify the most important issues from a large amount of information? Consultants need to be organized and methodical to work efficiently.
2. Analytical problem solving
Can you read and interpret data accurately? Can you perform math calculations smoothly? Oliver Wyman places heavy emphasis on quantitative skills, which is why math is tested in both the online assessment and the case interview.
3. Business acumen
Do your conclusions make sense from a business perspective? You don't need an MBA, but you do need to understand basic concepts like profit, revenue, costs, and competitive advantage. Strong business instinct helps you develop practical recommendations instead of theoretical ones.
4. Communication skills
Can you explain your thinking clearly and concisely? Consultants present to senior executives daily, so interviewers want to see that you can articulate ideas in a way that is easy to follow. This includes how you structure your verbal answers and how you walk through calculations.
5. Personality and cultural fit
Are you coachable, collaborative, and pleasant to work with? Consultants work in small teams under tight deadlines. Oliver Wyman specifically values people who are driven, innovative, and passionate about their work outside of consulting too.
All five qualities are assessed within a single 30 to 45 minute case interview. This is what makes case interviews such an efficient and effective evaluation tool.
How Do You Solve an Oliver Wyman Case Interview?
To solve an Oliver Wyman case interview, follow six steps: understand the case, verify the objective, create a framework, develop a hypothesis, test that hypothesis with analysis, and deliver a recommendation. Since every case is candidate-led, you are responsible for driving each step forward.
-
Understand the case: the interviewer will give you the case background information. Take careful notes on the company, the industry context, and the key numbers provided
-
Verify the objective: this is the most important step. Answering the wrong business question is the fastest way to fail, so restate the objective in your own words and confirm it with the interviewer
-
Create a framework: ask for a moment to organize your thoughts, then build one of the case interview frameworks that breaks the problem into 3 to 4 major areas. Tailor it to the specific case instead of reciting a memorized template
-
Develop a hypothesis: state an educated guess about the answer. A case interview hypothesis does not need to be correct. It guides your analysis and helps you prioritize which areas to explore first
-
Test your hypothesis: this is where you spend most of the case. Ask for data, perform calculations, interpret charts, and connect each finding back to the case objective. If the data disproves your hypothesis, adjust it
- Deliver a recommendation: present a clear recommendation supported by 2 to 3 key reasons. Summarize only the most important findings, then add potential risks and suggested next steps
These six steps line up almost exactly with the advice Oliver Wyman gives on its own careers site: pinpoint the issue, break it down, pick an approach, analyze the issues, use numbers, and make a recommendation. When your method matches what the firm itself teaches, interviewers immediately recognize you as prepared.
If you want a structured way to master these six steps quickly, my case interview course walks you through each step with practice cases and drills. Having coached hundreds of candidates, I have found that most people can learn these strategies in about a week.
What Are Common Oliver Wyman Market Sizing Questions?
Oliver Wyman is known for asking market sizing questions, especially in the first round. These questions ask you to estimate the size of a market or the quantity of something without being given any data. You need to build a logical structure, make reasonable assumptions, and do the math.
Based on Glassdoor candidate reports, here are examples of real Oliver Wyman market sizing questions:
- Estimate the market size for gym memberships in Europe
- How many golf balls are sold in the United States each day?
- Size the market for rice in the UK
- Estimate demand for a new airline route
- How many ATMs are needed for a remote island in Greece?
- Estimate the weight of a locomotive
To solve market sizing questions, follow these three steps:
-
Lay out your approach before doing any math: tell the interviewer how you plan to break down the estimate before touching a single number
-
Make clear and reasonable assumptions: state each assumption out loud so the interviewer can follow your logic. If an assumption is way off, they will usually tell you
- Do the math carefully and sense-check your answer: after completing the calculation, ask yourself if the number feels right for the real world
Here's an example of how this works in practice. Let's say you're asked to size the US gym membership market.
Assume the US population is 320 million and roughly 250 million are adults. If 1 in 5 adults holds a gym membership, that gives you 50 million members. At an illustrative average of $50 per month, or $600 per year, the market is about $30 billion in annual membership revenue.
Notice that every number is a round, defensible assumption stated out loud. The interviewer is grading your structure and logic, not whether you happen to know the true figure. For hundreds of additional practice problems, the free MBA consulting casebooks published by top business schools are an excellent resource.
What Are Some Oliver Wyman Case Interview Examples?
Oliver Wyman publishes six official practice cases on its careers site, and they are the single best free resource for this firm because they show exactly how Oliver Wyman structures its cases. Each one takes about 30 minutes to complete:
- Urban Grocers case: a profitability case about whether a grocery chain should switch to larger delivery trucks. Labeled easy difficulty, so start here
- Supermarket Pharmacy case: a profitability case where a supermarket owner weighs opening a pharmacy. Tests framework building and payback period analysis
- Dairy Farm case: an operations and economics case set in agriculture
- Autism Digital Device case: a healthcare case about launching a digital device, blending market sizing with go-to-market questions
- Oil and Gas Price Strategy case: a strategy case where an energy company evaluates entering water distribution. Tests data synthesis and market sizing
- Poseidon Water Park case: a case about improving the business performance of a water park
In addition to Oliver Wyman's own practice cases, here are examples of the types of case questions you might receive:
- Profitability: a retail chain has seen declining profits over the past two years. Identify the root causes and develop a plan to restore profitability
- Market entry: a beverage company wants to enter the health drink market. Define the target market and develop an entry strategy
- Pricing: a SaaS company is considering changing its pricing model. Evaluate the current strategy and recommend an optimized approach
- Growth strategy: a transportation company wants to expand into three new cities. Determine which city represents the best opportunity
- Operational efficiency: a logistics company is struggling with late deliveries and rising fuel costs. Propose solutions to improve efficiency
What Are the Best Oliver Wyman Case Interview Tips?
Having coached hundreds of candidates through consulting interviews, here are the ten tips that make the biggest difference in Oliver Wyman case interviews.
Tip #1: Start preparing early
Mastering case interviews takes time. Many skills needed for cases can't be learned in a few days. Start preparing at least one to two months before your interview to give yourself enough time to learn strategies, practice, and refine your approach.
Tip #2: Be consistent with your strategies
Pick a set of strategies and stick with them. The more you use the same approach, the more natural it becomes. On interview day, you want to feel confident that your approach works, not be experimenting with something new.
Tip #3: Practice with a case partner
Practicing with another person is the best way to simulate a real case interview. You can't improve your communication, pacing, or collaboration skills by practicing alone. Find a case partner and aim to do at least 5 to 10 practice cases together.
Tip #4: Keep a feedback log
After every practice case, write down the feedback you receive. Over time, you will see patterns in your weaknesses. If three different partners tell you that your frameworks are too generic, that becomes your top priority to fix.
Tip #5: Focus on one improvement at a time
Trying to fix everything at once leads to fixing nothing. Before each practice case, pick one specific skill to focus on, like structuring your framework more clearly or doing math faster. Targeted practice is far more effective.
Tip #6: Verify the business objective
The fastest way to fail a case is to solve the wrong problem. Always confirm the objective with the interviewer before you start building your framework. This simple step prevents the most common and most costly mistake in case interviews.
Tip #7: Ask clarifying questions
You will not be penalized for asking questions. If you are unfamiliar with a term or the objective is unclear, ask. Smart questions actually demonstrate good consulting instincts.
Tip #8: Structure your math before calculating
Before doing any arithmetic, lay out your approach and walk the interviewer through what you plan to calculate. This prevents unnecessary calculations and dead ends. If the interviewer sees a flaw in your approach, they can redirect you before you waste time.
Tip #9: Think out loud during calculations
Talking through your math has two benefits: it reduces your chance of making an error, and it allows the interviewer to follow along and offer guidance if you get stuck. Silent candidates who make a math mistake lose valuable time.
Tip #10: Connect every answer to the case objective
After answering any question during the case, ask yourself: "so what?" How does this finding affect your hypothesis and your eventual recommendation? Tying each answer back to the big picture shows strong consulting thinking.
How Do You Prepare for Oliver Wyman Case Interviews?
Preparing for Oliver Wyman case interviews takes most candidates 4 to 8 weeks. Here is the seven-step preparation plan I recommend based on having coached hundreds of successful candidates.
Step 1: Understand what a case interview is
Before you start practicing, learn how case interviews work. Understand the structure, the flow, and the types of questions you will face. Most importantly, learn what a great performance looks like so you have a clear target to aim for.
Step 2: Learn the right strategies
It is much more effective to learn the right strategies first than to learn bad habits and try to correct them later. The fastest way to learn is through my case interview course, which covers frameworks, math, qualitative questions, and recommendations in a structured curriculum.
If you prefer books, the three I recommend are:
- Hacking the Case Interview: concise, actionable strategies for every step of the case. Best starting point for beginners
- The Ultimate Case Interview Workbook: hundreds of drills and practice problems to build speed and accuracy
- Case Interview Secrets: teaches core concepts like issue trees and hypothesis-driven problem solving through stories. A great second book for additional perspective
Step 3: Practice 3 to 5 cases by yourself
Before casing with a partner, do your first few cases solo. When you practice case interviews by yourself, you can work through frameworks and math problems much faster. This also prepares you to be a better case partner when you start practicing with others.
Step 4: Practice 5 to 10 cases with a partner
Partner practice is the best way to simulate a real interview. Spend at least 15 to 20 minutes on feedback after each 30 to 40 minute case. Much of your improvement will come from these feedback sessions.
Step 5: Practice with a former or current consultant
A consultant who has given real case interviews will catch mistakes your peers miss. If you feel like you have plateaued with your case partner, this is the best next step. Check your network for friends, classmates, or LinkedIn connections who have consulting experience.
If you want personalized feedback from an experienced interviewer, my 1-on-1 coaching helps you improve roughly 5x faster than solo practice.
Step 6: Work on your weaknesses
Review your feedback log and prioritize the areas where you consistently receive the same feedback. Common improvement areas include creating more tailored frameworks, doing math faster, providing more structured qualitative answers, and leading the case more proactively.
Step 7: Stay sharp without burning out
Once you feel confident, limit yourself to about 2 cases per week in the final weeks before your interview. Too many cases can create fatigue, but too few can make you rusty. Find the right balance to maintain your peak performance.
How Do You Solve the Oliver Wyman Written Case Interview?
Some candidates receive a written case interview, also called a case presentation, during the Oliver Wyman final round. This format tests your ability to synthesize information and present under time pressure. Here is what to expect:
- You receive a packet of information with the case background, data tables, charts, and exhibits
- You have 30 minutes to review the materials and prepare a short presentation
- You then spend 30 minutes presenting your findings and answering the interviewer's follow-up questions
Follow these eight steps to solve the written case interview:
-
Understand the business problem and objective: read the instructions and case background carefully. Solving the wrong problem wastes your entire 30 minutes of preparation time
-
Read the list of key questions: some written cases provide 3 to 4 specific questions you are expected to address. Read these first so you know what to prioritize
-
Skim the materials: quickly flip through all slides and exhibits to see what data is available before reading anything in detail
-
Create a framework: build a simple structure with 3 to 4 key questions to guide your analysis. If you were given pre-filled slide templates, use those as your framework
-
Read and analyze the material: now read the exhibits in detail, focusing on data that answers your framework questions. Write 1 to 2 sentence takeaways for each major finding
-
Decide on a recommendation: review your key takeaways and decide what recommendation they support. As long as your recommendation is backed by data from the materials, you are in good shape
-
Create your slides: open with a recommendation slide, follow with one slide per supporting reason, and close with next steps. Make each slide title carry the key message
- Prepare for follow-up questions: with any remaining time, brainstorm what the interviewer might ask. Be ready to defend your assumptions, and expect interruptions during the presentation, not just at the end
One extra detail on slide titles: if the interviewer read only your titles, they should understand your entire argument. Avoid generic titles like "Analysis" or "Conclusion."
What Are Common Oliver Wyman Behavioral Interview Questions?
Oliver Wyman calls its behavioral interviews "conversational interviews." These are broader than the Personal Experience Interviews used at McKinsey, covering a mix of resume questions, motivation questions, and situational questions. My full guide to the Oliver Wyman behavioral interview breaks down each question type with sample answers.
Conversational interviews typically last about 20 minutes within a 30 to 45 minute interview slot. They are an opportunity for interviewers to assess your personality, motivation, and fit with the firm's culture.
Oliver Wyman specifically looks for candidates who are driven, collaborative, and innovative. Keep these values in mind when preparing your answers. Here are the ten most commonly asked Oliver Wyman behavioral interview questions.
1. Why are you interested in working at Oliver Wyman?
Have at least three specific reasons ready before answering why Oliver Wyman. You could mention the firm's leadership in financial services consulting, its collaborative culture, or the opportunity to work on international projects. Avoid generic reasons that could apply to any consulting firm.
2. Why do you want to work in consulting?
Have three reasons prepared. Common genuine reasons include the fast career growth, the variety of industries and problems, and the development of both analytical and leadership skills.
3. Walk me through your resume.
When asked to walk me through your resume, give a concise summary of your experience starting with the most recent role. Highlight your most impressive accomplishments and tie your story to why consulting is a natural next step.
4. What is your proudest achievement?
Choose your most impressive or unique accomplishment. Structure your answer using the STAR method: Situation, Task, Action, Results. Quantify the impact whenever possible.
5. Tell me about something you are proud of that is not on your resume.
This is your chance to show personality. Maybe you run a non-profit, competed in something unusual, or have an interesting hobby. Oliver Wyman values people with interests outside of work, so pick something memorable.
6. Tell me about a time when you led a team.
Choose an example where you directly managed or led a group. Focus on the specific leadership actions you took and the measurable results. Keep your answer structured and concise.
7. Give an example of a time you faced conflict or a disagreement.
Focus on the steps you took to resolve the conflict constructively. Interviewers want to see that you can handle difficult situations with maturity and turn disagreements into productive outcomes.
8. Tell me about a time you had to persuade someone.
Choose a situation where you changed someone's mind using logic, data, or interpersonal skills. Explain what was at stake and what specific approach you used. Quantify the outcome if possible.
9. Describe a time when you failed.
Pick a genuine failure, not a disguised success. Focus on what you learned and how you applied that lesson to deliver better results next time. Interviewers want to see self-awareness and resilience.
10. What questions do you have for me?
Ask the interviewer about their personal experience at Oliver Wyman, their favorite projects, or what they wish they had known before starting. Genuine curiosity about the interviewer's experience creates a stronger impression than prepared questions about the firm's strategy.
If you are short on time, my fit interview course covers 98% of the behavioral questions you could be asked in about 3 hours.
The Oliver Wyman case interview rewards candidates who lead confidently, structure clearly, and connect every answer back to the client's objective. Work through all six official practice cases, drill your market sizing, and get reps with a partner before interview day. The candidates who put in 4 to 8 weeks of deliberate practice are the ones who walk out with offers.
Frequently Asked Questions
How hard is it to get hired at Oliver Wyman?
Oliver Wyman is extremely selective, with an acceptance rate of approximately 2%, and fewer than 30% of applicants receive a first round interview. According to Glassdoor data from over 1,100 interview reviews, candidates rated the interview difficulty a 3.36 out of 5. Thorough preparation, especially for case interviews, is essential.
How many rounds of interviews does Oliver Wyman have?
Oliver Wyman typically has two rounds of interviews. The first round includes one case interview and one conversational (behavioral) interview. The final round includes a case interview, a written case interview, and a conversational interview, though the exact format varies by office.
Are Oliver Wyman case interviews candidate-led or interviewer-led?
Oliver Wyman case interviews are all candidate-led. This means you are expected to drive the direction of the case, propose what areas to explore, and decide what analyses to perform. This is the same style used at BCG and Bain, but different from McKinsey, which uses interviewer-led cases.
How long does the Oliver Wyman hiring process take?
According to Glassdoor data from over 700 reported interviews, the Oliver Wyman hiring process takes an average of 29 days from application to offer. The timeline can vary. Some candidates report completing the process in under a month, while others, particularly for senior roles, report timelines of several months.
Does Oliver Wyman ask market sizing questions?
Yes, Oliver Wyman frequently asks market sizing questions, especially in the first round. Based on Glassdoor candidate reports, examples include sizing the gym membership market in Europe, estimating the number of golf balls sold in the US daily, and calculating how many ATMs a remote island needs. Prepare for at least one market sizing question.
Is Oliver Wyman part of Marsh?
Yes. Oliver Wyman is a subsidiary of Marsh McLennan, which rebranded as Marsh in January 2026 and trades under the ticker MRSH. Oliver Wyman will keep its name and go to market as Oliver Wyman, a Marsh business, starting in 2027. The interview process is unaffected by the rebrand.
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