Oliver Wyman Reviews | Glassdoor

Oliver Wyman Reviews

Updated April 19, 2017
410 reviews

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410 Employee Reviews

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Pros
Cons
  • Challenging work life balance compared to MMB peers (in 78 reviews)

  • Extremely long hours (average day from 9am to 12am; can be better or worse depending on the project) (in 46 reviews)

More Pros and Cons

  1. Helpful (2)

    "Meh"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Current Employee - Senior Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Oliver Wyman full-time (More than 3 years)

    Pros

    Many smart people
    Provides a good toolkit

    Cons

    Some of the senior management are odd-balls
    Limited project diversity - too great a focus on regulatory projects that lack creativity and require modelling heavy skills (SAS, etc.) - that is reflected in many partners skill-set and mindset
    Culture of gossip and whispers
    Lacks same exit opportunities as MBB
    Extremely long hours

    Advice to Management

    Think more broadly


  2. Helpful (3)

    "Talent Manager Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Talent Manager in New York, NY
    Current Employee - Talent Manager in New York, NY
    Recommends
    Negative Outlook

    I have been working at Oliver Wyman full-time (More than a year)

    Pros

    There is a great culture at OW. The people here are very supportive and try to include you in as many opportunities as possible. I have felt supported in my role at Oliver Wyman, and found that my company really does try to promote a sustainable work-life-balance.

    Cons

    There aren't many downsides of working at Oliver Wyman. The company and the people are great

    Advice to Management

    Pay more attention to employees and try to create as many stretch opportunities as possible. Also, pay more attention to your direct reports and make sure that they are feeling fulfilled however you can.


  3. Helpful (3)

    "Can succeed if you're into office politics and sucking up"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Chicago, IL
    Former Employee - Administrative Assistant in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Considering this is a Marsh company, OW is very progressive. Great comp and benefits. Happy hour every Friday, frequent learning lunches and casual dress code.

    Cons

    Be careful about the office politics. Can't even trust HR. Long tenure doesn't mean quality colleagues. Lack of qualified managers.


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  5. Helpful (2)

    "Go Elsewhere"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Consulting firm learning, decent salary.

    Cons

    1. Very poor work life balance (despite the programs they love talking about). Expect a culture of constantly being on call, including weekends, nights, holidays, etc. Expect a culture that doesnt let you take time off for a doctors appointment etc without feeling like you are slacking.
    2. Lack of Diversity (feels very white male dominated especially at partner and leadership level). I wonder how many Women, African Americans, Hispanic, and LGBT individuals are represented in mid and upper management... In the SF office, I can recall very very very few.
    3. Poor alumni relations (McKinsey etc are much better at engaging alumni. Oliver Wyman is not great at this, which cheapens the brand and company network)
    4. Very low loyalty to employees - seen more as a worker than a person from my perspective.
    5. We often reuse our work/methods between client engagements. It is rare to have a project where you are really doing things fresh.


  6. "Actuarial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Recommends

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

    Pros

    Gain experience with highly skilled colleagues, Ability to have a good work life balance

    Cons

    Type of work is more limited than some other actuarial consulting positions


  7. Helpful (1)

    "Fun, open work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources in White Plains, NY
    Former Employee - Human Resources in White Plains, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great co-workers, flexible work-life balance, social environment

    Cons

    unclear business processes. Poor communication.

    Advice to Management

    Streamline business processes. Provide better clarity of processes and/or events through thoughtful communication. Often times communications would take place where no real information was actually provided.


  8. Helpful (1)

    "Excellent company"

    Star Star Star Star Star
    • 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
    Positive Outlook

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

    Pros

    Very nice colleagues, interesting assignments and great learning curve.

    Cons

    Some processes relatively heavy but manageable


  9. Helpful (1)

    "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good starting job to develop skill sets. Though, your network buildout is restricted to clients at the junior levels.

    Cons

    Brutal lifestyle. Sometimes very narrowly focused case opportunities. Talent management seems to be very disconnected from the way he firm actually works.

    Advice to Management

    Provide better outgoing management process to support career development outside the firm. Very few people stay in consulting their whole careers.


  10. Helpful (4)

    "ASSOCIATE"

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

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

    Pros

    Really, none. As an Ivy-League educated individual, I really wish I would have pursued other job offers. They would have offered much better career opportunities and knowledge in general.

    Cons

    Very light on developing connections or a network. Boring client work. Skill set development is kind of ok, if you want to be an Excel/SAS/Access monkey, but not good on the content side.


  11. Helpful (1)

    "Associate"

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

    Pros

    Prestigious, intellectually stimulating, offers a great community, potential for really fast career growth

    Cons

    Not a lot of variety in terms of industries covered (primarily financial services work), work-life balance can be tough

    Advice to Management

    Try to grow the non-financial services industries as many consultants get disappointed by the mismatch between the recruiting pitches and reality


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