Oliver Wyman Reviews | Glassdoor

Oliver Wyman Reviews

Updated August 22, 2017
438 reviews

Filter

Filter

Full-timePart-time

438 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Skills development at the expense of toxic culture"

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

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

    Pros

    + great technical skills development
    + opportunity to take on a lot of responsibility very quickly

    Cons

    - work-life balance is the worst among major consulting firms and often worse than investment banking
    - culture rewards those who are able to put in the hours without showing it
    - performance review system is heavily influenced by politics rather than actual performance
    - strong performance is not recognized or rewarded

    Advice to Management

    Either acknowledge the problems and fix the culture or be more transparent about what it actually takes to succeed. The recruitment and retention message is currently incredibly misleading


  2. Helpful (3)

    "You'll learn a lot but the price is high"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Oliver Wyman (Less than a year)

    Pros

    -Exposure to many industries
    -Incredibly smart people (even if that intelligence is a bit narrow)
    -Flat culture
    -Good exit opportunities

    Cons

    - More risk / operational work than strategy work; highly regional concentration of work and dependent on the office you're in (e.g., if you're in New York expect to do a lot of financial services work)
    - Terrible working hours and no effective mechanism to escalate issues
    - Celebration of people who are high IQ / low EQ even when it's detrimental to culture and creates toxic work environments
    - Blind eye to blatant sexism and disrespectful management styles as long as the offender still does good client work

    Advice to Management

    Do a better job trying to retain SCs/Associates
    Align incentives for managers and Partners with the health and wellbeing of their teams
    Empower HC to ACTUALLY TAKE ACTION when sexism, homophobia, racism, and bad management is reported
    Stop making excuses for people who create awful working environments, to quote an OW colleague, "either your values are your values or your only value is money"

  3. "Entry Level Consultant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very nice people and the interview presentation is great

    Cons

    Less brand recognition than other firms

    Advice to Management

    None!


  4. "Actuarial Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Oliver Wyman full-time

    Pros

    Opportunity to connect with various types of insurance clients across multiple industries in the property and casualty space in actuarial practice.

    Cons

    Demanding workload.
    No regard for work/life balance.
    Management ineffective in leadership and development.

    Advice to Management

    There should be a deeper focus on developing the talent in the office to support goals associated with strategic initiatives.


  5. Helpful (1)

    "Consultant"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fantastic coworkers, dedicated to teamwork and culture, proactively focus on how to help you build your career

    Cons

    Working on becoming a large company, new system in place


  6. "overall not bad"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Oliver Wyman full-time

    Pros

    Travel, Competitive pay, smart people, global staffing system

    Cons

    lack of infrastructure, weak support from the middle manager level, project portfolio mgt-growing portion of risk mgt projects


  7. Helpful (1)

    "Intern"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Everyone is really smart and helpful

    Cons

    It is a competitive environment and requires long hours

  8. Helpful (1)

    "Great culture, awesome people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great, fun culture
    A lot of smart people to work with
    Very supportive environment
    Relatively good work-life balance

    Cons

    Nature of projects quite narrow (a lot of risk related projects)
    A decent amount of travel
    Not as many exit opportunities as big 3
    Not as well known outside FS circle

    Advice to Management

    Keep it up!


  9. Helpful (2)

    "Meh"

    StarStarStarStarStar
    • 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


  10. Helpful (3)

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

    StarStarStarStarStar
    • 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.


Showing 438 of 469 reviews
Reset Filters