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Oliver Wyman Reviews

Updated 15 November 2017
465 reviews

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4.2
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Oliver Wyman CEO Scott McDonald
Scott McDonald
133 Ratings

465 Employee Reviews

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Pros
  • Gute Work/Life Balance im Vergleich zu anderen Beratungen (in 31 reviews)

  • Incredibly stimulating environment - truly smart people (in 48 reviews)

Cons
More Pros and Cons

  1. "Great employer to work for"

    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 5 years)

    Pros

    International exposure, smart colleagues, fast progression, interesting clients

    Cons

    As you would expect in consulting: can lead to long hours, not the right environment for people who don't like to travel


  2. "Insight Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    -Supportive and collaborative staff
    -Interesting work

    Cons

    -No really disadvantages of working here


  3. "Hmm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Oliver Wyman full-time

    Pros

    Interesting work. Some of the business leaders impressive and demonstrate high integrity.

    Cons

    Support functions leadership poor. Active discouragement of people with a clue. Salaries, promotion, opportunities based on who you know rather than what you can do. Style over substance.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Former employee at Oliver Wyman"

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

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

    Pros

    Very nice people. Some really interesting work. Good place to start your career. Less bad hours than other similar companies (on the whole).

    Cons

    The same cons that apply to all strategy consulting firms.


  6. "Manager"

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

    I have been working at Oliver Wyman full-time

    Pros

    Strong financial risk practice. Good place to develop quant skills.

    Cons

    Poor culture - Not the most EQ sophisticated company. Very little strategy work, a lot of number-crunching technical work sponsored by mid to low level management in client companies.

    Advice to Management

    Create a diverse culture. Migrate away from the low-skill technical number-crunching projects and develop strategy work to fully merit being a strategy consultancy.


  7. "Overall a good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in London, England
    Current Employee - Engagement Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Strong culture
    - Intellectually stimulating
    - Really strong in financial services
    - Great offsites
    - Genuinely interesting colleagues
    - Tries to address work life balance
    - Great pro bono programme

    Cons

    - Somewhat confused strategy
    - Unclear leadership (too much matrix!) and not always strongest partners
    - By definition, the people that made it to the top are the ones that "persevered" so they sometimes have a warped view on work life balance

    Advice to Management

    Being clearer on what our future vision and strategy is would be great - it feels like we've done lots of random acquisitions and have changed our matrix structure a few times but not clear why! Also the capacity drop in London junior consultants is hampering the business


  8. "Great place to work - highly innovative"

    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

    Pros

    Great signs of innovation across the firm particularly in technology and analytics - partners in the Labs/Digital team are some of the best in industry
    Mentorship and coaching from highly committed partners and principals is some of the best I have ever seen
    Potential for growth and to shape your own career - can see how to make it to the partner level without needing to do a MBA

    Cons

    Sometimes the more tenured partners don't give space to the new talent to lead the innovations
    Work-life balance can be a challenge but it's output focussed which makes this more bearable

    Advice to Management

    Keep up the innovation
    Make sure the partners and principals in these areas have room to lead rather than being overshadowed by the "older guard"


  9. "Consultant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Oliver Wyman full-time

    Pros

    Diverse work across the globe
    Great people

    Cons

    work-life balance can be tricky sometimes


  10. Helpful (1)

    "Questionable people in senior positions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in London, England
    Current Employee - Engagement Manager in London, England
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Get to work with / hire some of the best quantitatively inclined minds
    - Consultants can take good amount of responsibility early on

    Cons

    - Questionable talent in senior roles (key root-cause: one project or partner often allowed to promote several people)
    - No checks and balances for preventing credit snatching
    - Focus on content not problem solving
    - Support staff not valued adequately
    - Low on diversity (cookie cutter CVs, personalities visible in the office esp. London)
    - Poor work life balance (9 am-11 pm is valued)

    Advice to Management

    - Instigate checks and balances to identify sources of innovation / project sales
    - do some distribution fitting / concentration analyses before finalising Job End Reviews / Year end reviews
    - Hire MBAs / experienced hires that are problem solvers


  11. "Smart people. Supportive team. Good coffee!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Support Professional in London, England
    Current Employee - Support Professional in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oliver Wyman full-time

    Pros

    Working with some of the brightest people in the business
    Very open and approachable managers
    Genuine commitment to diversity

    Cons

    Interview process was slightly on the long side

    Advice to Management

    My first impression of Oliver Wyman is that they employ some of the brightest talent in the business and manage to hold on to them! Consulting is notoriously long hours, and the wider industry has a certain reputation of being a tough place to work. Having joined a few months ago I can see there is there is a really good balance of productivity along with work/life balance.


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