Oliver Wyman

  www.oliverwyman.com
  www.oliverwyman.com
There are newer employer reviews for Oliver Wyman

 

Good industry exposure, but training and skills development needs improvement

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Consultant, Financial Services in New York, NY
Former Employee - Consultant, Financial Services in New York, NY

I worked at Oliver Wyman full-time (more than an year)

Pros

- good industry exposure
- international opportunities
- opportunity to develop technical expertise

Cons

- lack of innovation in projects
- no structured training program for new hires
- not much work-life balance

Advice to ManagementAdvice

Be more competitive with training and development, respect the physical and mental health needs of employees, create a more supportive work culture.

Recommends
Neutral Outlook
Approves of CEO

223 Other Employee Reviews for Oliver Wyman (View Most Recent)

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  1.  

    Great people, great talent development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in New York, NY
    Former Employee - Consultant in New York, NY

    I worked at Oliver Wyman full-time (more than 3 years)

    Pros

    awesome culture, huge investment in people, very top-rated talent.

    I learned a ton from this experience, got a very solid consulting tool kit, and was very prepared for my career post-consulting (analytical tool kit, ability to diagnose, structure, and solve diverse business problems). I owe that to the people who mentored me in my early days at OW

    Cons

    Overall business strategy is questionable. Not sure what top management's direction is or how well they'll integrate the two firms (Mercer and OW Finance).

    Also, post-MBA recruiting strategy needs to be more comprehensive.

    Finally, can diversify industries represented further.

    Advice to ManagementAdvice

    Get your recruiting and business strategy together!

    Recommends
    Positive Outlook
    Disapproves of CEO
  2. 2 people found this helpful  

    Utilize a burn out model with their consultants

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Dallas, TX
    Former Employee - Associate in Dallas, TX

    I worked at Oliver Wyman full-time (more than an year)

    Pros

    Very smart people working there, part of the bigger Marsh organization, learned great PowerPoint skills, Oliver Wyman is a strong consulting brand for the resume

    Cons

    Some Associate Partners / Partners utilize a burn-out model with their junior and mid-level consultants. It's not uncommon to work 20-hour days and 30-40 hour weekends. Looking back on the experience, the burn was absolutely unnecessary as it didn't add any value to the client but it was just how the company operated. As an example, after a long workday, an associate partner once asked for a powerpoint deck draft to be completed by midnight (something which should take a few days). Once that was sent, he asked for changes to be completed by 3AM. This was not an important, time-sensitive deck. It was something used as support which the client may or may not have paid attention to. Consultants typically only last a few years and then move on to something sustainable.

    Advice to ManagementAdvice

    Wonder why your turnover rate sucks? Take a look at how consultants are being treated on cases.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Oliver Wyman

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