Oliver Wyman Reviews | Glassdoor

Oliver Wyman Reviews

Updated August 13, 2018
527 reviews

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4.2
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Oliver Wyman CEO Scott McDonald
Scott McDonald
169 Ratings

527 Employee Reviews

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Pros
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More Pros and Cons

  1. Helpful (1)

    "Engagement Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in New York, NY
    Current Employee - Engagement Manager in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Amazing people - smart, collegiate, don't take selves too seriously; strong development opportunities - you are always being pushed out of your comfort zone to build new skills quickly

    Cons

    Hours can be demanding - varies based on project. Often requires travel. New York office has more of an FS focus


  2. "Good experience in administrative position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in San Francisco, CA
    Former Employee - Administrative Assistant in San Francisco, CA
    Recommends
    Approves of CEO

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

    Pros

    Great benefits & compensation. Beautiful office. In my position, I had a great trust relationship with my immediate supervisor, so I was never micromanaged. Nice people (difficult personalities tended to not stay too long). Fun perks.

    Cons

    If you work in admin, support or operations for the firm, it can be challenging to feel excited about your work and that you're sharing in the success of the firm with so little context as to what the people you're working with are actually doing for their clients. Work/life balance was a little tough and I definitely worked overtime, but was compensated for it in addition to my regular salary, which was awesome. Like I said, I had a great relationship with my direct supervisors in our office, but felt like I had no clout with the higher-ups that actually made the final decisions on my final compensation, title changes, raises, etc. after taking on a ton of additional responsibilities.

  3. "People invest their time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oliver Wyman full-time (More than 8 years)

    Pros

    Your managers invest a lot of time in your personal development
    The work output quality is unmatched in its high quality
    We are well supported

    Cons

    We solve tough problems so the process can be painful

    Advice to Management

    Communicate more effectively


  4. "Decent consulting firm, not long term fit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Boston, MA
    Former Employee - Consultant in Boston, MA
    Positive Outlook

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

    Pros

    As a first year consultant out of college, you’ll be surrounded by amazing, passionate people and probably make something of your best friends.

    Cons

    You have very little say about what projects you take your first few years. Your trajectory at the firm will largely depend on these projects, which are outside your control. The firm sells a lot of very dull financial services work.

    Advice to Management

    Listen to consultants feedback and sell more interesting strategy work.


  5. "Engagement Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Oliver Wyman full-time

    Pros

    Compensation, travel, benefits, upward mobility

    Cons

    Poor culture, old offices, bureaucracy


  6. "Fun and entrepreneurial"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oliver Wyman full-time (More than 8 years)

    Pros

    - Top quality, interesting people
    - Wonderful collegiate culture
    - The work is often at the leading edge of what is happening within each industry

    Cons

    - A consulting career can be volatile and unpredictable given the project-based nature of the work. Not for everyone.


  7. "Great people, okay work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Oliver Wyman full-time

    Pros

    Great people to work with

    Cons

    Very little say over projects in the first few years, hard to steer career

  8. "Best team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Oliver Wyman full-time (More than 8 years)

    Pros

    Down to earth colleagues
    Commitment to impact with our clients
    Energetic and intellectual teammates

    Cons

    Consulting hours
    Travel
    Limited due to MMC ownership compared to Partnerships on some benefits


  9. "Great pay, not much incentive for hard work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Actuarial Consultant in Chicago, IL
    Former Employee - Actuarial Consultant in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    I worked at Oliver Wyman full-time (More than 5 years)

    Pros

    The co-workers were great

    Flex hours were nice.

    Better study hours for actuarial exams compared to most consulting companies

    Cons

    Favored more toward experienced hires than new hires

    Easy to get pigeonholed into one type of work

    After a while, work boils down to routine tasks

    Bonus is based on company performance, then office performance, then number of billable hours. You could be the highest billable hour employee, but not see the full benefit of the bonus due to office performance.

    Raises are based on actuarial exam progress, so no reward for high billable hours.

    Advice to Management

    Management should not fraternize with subordinates. They also should not discuss performance of co-workers on the same level or ask your opinions on certain co-workers.


  10. Helpful (1)

    "Great Company, Great People, Great Opportunity"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work, fun atmosphere, and hard work is rewarded

    Cons

    Hours can be long, but what else did you expect.

    Advice to Management

    Keep going.


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