Its possible to use Environment Manager policy to create the users Outlook Profile.
However there are limitations to this feature, that this will only work on the following versions of Outlook
On versions above 2013 the action is not supported and will fail to create the users profile. This is because Microsoft have removed functionality to configure profiles from Outlook 2016 / 365 without the use of AutoDiscover DNS records.
AutoDiscover has to be used to configure Outlook 2016 / 365 profiles as advised in the following article: