Oliver Wyman
3.5 of 5 188 reviews
www.oliverwyman.com New York, NY 50 to 149 Employees

188 Employee Reviews (View Most Recent)

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3 people found this helpful  

Run away from this place

Consultant (Former Employee)
New York, NY

I worked at Oliver Wyman full-time for more than a year

Pros- Major travel to large financial and corporate centers

Cons- Questionable contracts with clients (most contracts have a highly superfluous end-objectives and seem to be mostly the result of "you scratch my back, I scratch yours" relationships with middle-managers at clients. It is very difficult to demonstrate that they generate any value added to the end clients

- Involved in most of the banks and insurance companies that collapsed in the financial crisis, yet refuse to acknowledge their significant responsibility for the disaster. It is rather shocking that they are getting any business since to be honest (e.g. they had a significant role at AIG, Fannie and Freddie, to name a few)

- Too many of their consultants are essentially frustrated wannabe-high-financiers, who are eternally attempting to extract high-finance-type salaries in an industry where those pay levels cannot legitimately be supported (unless you are taking advantage of a client through questionable mandates or relationships). This leads to a very unwelcoming and toxic working environment

Advice to Senior ManagementThis company shouldn't be part of a publicly listed corporation: the pressures to generate earnings growth at all cost have significantly eroded the quality of its work and mandates

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Senior Management
         
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  • No Opinion of CEO

 

Work in progress as OW strives for top line growth

Senior Job Manager (Former Employee)
New York, NY

I worked at Oliver Wyman full-time for more than a year


Pros: Great networking and cultural enforcement activities (e.g. happy hour every Friday,… Cons: Outside of risk management, content gets a bit thin as most partners lack the appropriate background Going into unchartered waters due to focus on relationship… Advice to Senior Management: Slow and steady wins the game while retaining a strong… No, I would not recommend this company to a friend More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

If you are non-consultant staff, not the best place to work

Anonymous Employee (Current Employee)

I have been working at Oliver Wyman full-time for more than 10 years


Pros: Diverse and interesting staff, career advancement for some, plenty of opportunities… Cons: Highly politicized and divisive culture despite years of trying to create a unified internal identity as a desirable place to start and maintain a support… Advice to Senior Management: Wake up and pay attention. You've got some real issues… No, I would not recommend this company to a friend More

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Oliver Wyman is one of the world’s leading management consultancies. From strategy, operations, and risk management to organizational transformation and leadership development, we work with companies around the world to… Full Overview

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