Oliver Wyman - Run away from this place | Glassdoor
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There are newer employer reviews for Oliver Wyman

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Helpful (4)

"Run away from this place"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Consultant in New York, NY
Former Employee - Consultant in New York, NY
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Oliver Wyman full-time (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 Management

This 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

Other Employee Reviews for Oliver Wyman

  1. "Not much room to grow"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Analyst in New York, NY
    Current Employee - Applications Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Oliver Wyman full-time (More than 5 years)

    Pros

    * Small company feeling
    * Some flexibility to pretty much decide what you want to work on

    Cons

    * Not much room to grow

    Advice to Management

    * Offer better pay


  2. "Good industry exposure, but training and skills development needs improvement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant, Financial Services in New York, NY
    Former Employee - Consultant, Financial Services in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Oliver Wyman full-time (More than a 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 Management

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

There are newer employer reviews for Oliver Wyman
There are newer employer reviews for Oliver Wyman

See Most Recent

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