Run away from this place - Consultant Oliver Wyman Employee Review

1.0
Jul 22, 2013
Recommend
CEO approval
Business Outlook

Pros

- Major travel to large financial and corporate centers

Cons

- Questionable contracts with clients (most contracts have a highly superfluous end-objectives and seem to be mostly the result of "you scratch my back, I scratch yours" relationships with middle-managers at clients. It is very difficult to demonstrate that they generate any value added to the end clients - Involved in most of the banks and insurance companies that collapsed in the financial crisis, yet refuse to acknowledge their significant responsibility for the disaster. It is rather shocking that they are getting any business since to be honest (e.g. they had a significant role at AIG, Fannie and Freddie, to name a few) - Too many of their consultants are essentially frustrated wannabe-high-financiers, who are eternally attempting to extract high-finance-type salaries in an industry where those pay levels cannot legitimately be supported (unless you are taking advantage of a client through questionable mandates or relationships). This leads to a very unwelcoming and toxic working environment

Explore other reviews about Oliver Wyman

5.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Great environment and an excellent team.

Cons

Long working hours and limited work-life balance.

2.0
Jul 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Smart people, good colleagues can be found

Cons

Work life balance is terrible, lack of control over staffing/project choices as a junior consultant (due to being oversold and understaffed), behind in AI capabilities

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