Oliver Wyman reviews

4.0

80% would recommend to a friend

(2,188 total reviews)
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Ted Moynihan

Not enough data to show CEO approval

70% positive business outlook

Oliver Wyman has an employee rating of 4.0 out of 5 stars, based on 2,188 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Oliver Wyman employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

2K reviews
2.0
Jan 4, 2021
Recommend
CEO approval
Business Outlook

Pros

- Great variety of projects if you seek it (or in some cases, fight for it) - Fast promotions (for a certain kind of individual past the consultant roles) - Working with smart people (about 90% of the time)

Cons

I am surprised to read the many positive one-liner reviews on here, but I suppose this is all a case of "if you are not with them, then you are against them" kind of mentality that I felt during my time there. For folks who are thinking of joining, think long and hard about what your priorities and skillsets are before joining. If you have any technical skills at all, join a start up, tech company as a data scientist or engineer. The company is only good if you know that you want to work in financial services, or more heavily towards financial regulations, risk, public policy. If you want to work in another area within finance, join an investment bank, asset manager, or hedge fund that is specialized in finance and can give you equal exposure to different industries as well (which so many college grads don't grasp the concept of). You will not develop any content knowledge here that will help you transition to another role in industry - maybe some technical skills in Excel/Python but those are entry level if you come from a STEM background. The projects that you get put on as a consultant is typically back-office risk and operations work. If you are lucky and was able to work in another industry by heavily networking with folks at the firm, then you are still faced with the long-hours and get compensated very little. Also, you'll notice that the firm promotes one type of person the fastest (as cliche as this sounds, once you do the so-called colors test, you'll know which one) and that most of the partners / upper management are folks with the same type of demanding personality. If you are not "like them," it's tough to navigate the political environment and fit in.

5.0
Feb 9, 2015
Recommend
CEO approval
Business Outlook

Pros

- Extremely competitive pay (definitely at the junior and mid level; can't speak for senior level) - Diverse workforce; company doesn't just pay lip service to diversity and have numerous strong internal groups to support diversity - Very little office politics; very cordial office atmosphere that feel like a family - Working with very smart and talented colleagues from elite universities from US, Canada, Europe and Asia - Numerous and very robust flexible working programs, including LOA, externship, non-profit fellowship - Tons of travel to different cities (could be considered a con depending on stage of life) along with generous travel perks

Cons

- Work-life balance can be brutal during projects - Very obvious that despite claiming otherwise, company treats internal IC-building projects as second class projects. Senior managers regard IC projects as "side of desk" projects (and thus something to do just to check the box) and junior employees regard internal IC projects as extremely unglamorous. If anyone is working on internal IC projects for too long they are considered to be "not doing well". - Expect to travel to a lot of middle-of-nowhere cities for months at a time - Staffing process is not as transparent and systematized as the company claims. A lot of projects are informally filled by partners and consultants that already know each other - Office culture has become more "corporatey" in the last few years; a lot more process, approvals, etc.; some perks have been cut back - Not quite in the same tier as MBB yet

1.0
Mar 26, 2011
Recommend
CEO approval
Business Outlook

Pros

The bonuses were great. They made up for the low base salary, or maybe mine was just low. Firm days in New York were fun.

Cons

Bullying by some partners: somepartners were unprofessional in their treatment of staff and use staff's personal situations as weapons during job-end and year-end reviews.

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