

Frequently Asked Questions about Oliver Wyman Group Careers
Looking for more information about Oliver Wyman Group, its products and services, and its work culture? Our comprehensive FAQs section has you covered. Explore a wide range of topics, including job opportunities, career development, employee benefits, and more, and get the answers you need to make informed decisions about your career.
- What is the Oliver Wyman Group?
The Oliver Wyman Group is a global management consulting firm. It is part of the larger professional services firm Marsh & McLennan Companies, Inc. Oliver Wyman provides advice to large corporations, governments, and institutions on a wide range of strategic, operational, financial, and organizational issues. The firm offers services in the areas of strategy, operations, risk, and organizational transformation. Oliver Wyman also offers a range of industry-focused and functional capabilities.
- What type of services does the Oliver Wyman Group offer?
Oliver Wyman Group is a global management consulting firm. The firm offers a range of services, including strategy, operations, risk, and organizational transformation. Services include strategy development, operational improvement, financial and risk management, organizational design and effectiveness, technology implementation, and mergers and acquisitions.
- What jobs are available at the Oliver Wyman Group?
The Oliver Wyman Group offers a variety of job opportunities, including consulting, actuarial, technology, research, finance, and operations positions. The company also offers internships in many of its offices.
- What qualifications do I need to work at the Oliver Wyman Group?
The qualifications required to work at the Oliver Wyman Group depend on the specific role you are applying for. Generally, the firm looks for individuals with a strong academic background, excellent communication and interpersonal skills, and a good understanding of the financial services sector. Additionally, the firm is looking for candidates who demonstrate an understanding of consulting and the ability to apply their knowledge to solve complex problems.
- What is the recruitment process like at the Oliver Wyman Group?
The Oliver Wyman Group's recruitment process typically consists of three stages: 1. Pre-screening: During this initial stage, Oliver Wyman recruiters review resumes and cover letters to ensure that all applicants meet the minimum qualifications for the positions they’ve applied for. 2. Interviews: Once applicants have progressed to the next stage, they will be contacted to arrange interviews. Depending on the seniority of the role, there may be several rounds of interviews, both over the phone and in person. 3. Assessment: At this stage, applicants may be required to complete a range of assessments to evaluate their skills, competencies, and abilities. 4. Final decision: After all stages of the recruitment process have been completed, a final decision will be made by the recruiting team. Successful applicants will then be contacted with a job offer.
- What is the career progression like at the Oliver Wyman Group?
The Oliver Wyman Group offers a range of career paths depending on the individual's interests and capabilities. Most consultants start off as analysts, then progress to Associate Consultants, Senior Consultants, Managers, and finally, Partners. Along the way, employees can benefit from regular feedback and performance reviews, as well as targeted training and development opportunities. The company also offers a number of specialist roles, such as Data Scientists, Business Analysts, and Project Managers.
- What benefits do Oliver Wyman Group employees receive?
Oliver Wyman Group employees receive a range of benefits including competitive salaries, comprehensive health and wellness coverage, retirement savings plans, flexible work arrangements, generous vacation and sick time, employee discounts, professional development opportunities, and a range of other perks.
- What is the company culture like at the Oliver Wyman Group?
The Oliver Wyman Group has a culture that values collaboration, intellectual curiosity, and a holistic approach to problem solving. All employees are expected to think creatively, operate with integrity, and take ownership of their work. Employees are encouraged to develop their own paths and take initiative. Diversity and inclusion are strongly emphasized and employees are encouraged to bring their unique perspectives and experiences to the table. The culture also values work-life balance and offers employees flexible work options.
- What is the dress code at the Oliver Wyman Group?
The dress code at the Oliver Wyman Group is business casual. This includes items such as dress slacks, dress shirts, and skirts. Men should avoid wearing jeans, shorts, and t-shirts. Women should avoid wearing jeans, shorts, and tank tops.
- How can I apply for a job at the Oliver Wyman Group?
You can apply for a job at the Oliver Wyman Group by visiting their careers page and searching for openings that match your qualifications and interests. You can also create a profile to receive job alerts for future openings.
- What should I include in my resume when applying for a job at the Oliver Wyman Group?
1. Education: Include your educational background and any relevant coursework or certifications. 2. Work Experience: List any relevant work experience, including internships and volunteer activities. 3. Skills: Include any computer, language, or analytical skills that may be pertinent to the job you are applying for. 4. Accomplishments: List any awards, honors, or other accomplishments that may be relevant to the job. 5. Personal Interests: Include any extracurricular activities, hobbies, or interests that may be pertinent to the job. 6. References: List contact information for three professional references who can speak to your experience and work performance.
- What kind of training is available at the Oliver Wyman Group?
The Oliver Wyman Group offers a variety of training opportunities, including online learning, classroom-based workshops, virtual classroom sessions, and customised learning solutions. The Group's training programmes cover topics such as financial markets, corporate strategy, risk management, financial modelling, data analytics, and other areas relevant to the financial services industry. Additionally, the Group offers a Leadership Development Programme which helps senior executives enhance their leadership and management skills.
- What is the salary range for employees at the Oliver Wyman Group?
The salary range for employees at the Oliver Wyman Group is highly dependent on the individual's job title, experience, and location. However, most salaries range from $50,000 to $175,000 per year.
- What is the work-life balance like at the Oliver Wyman Group?
At the Oliver Wyman Group, work-life balance is highly valued. The company offers flexible work arrangements, such as telecommuting, compressed work weeks, and job sharing. Employees also have access to a range of lifestyle programs, such as health and wellness initiatives, time off policies, and professional development programs. The company also provides various social activities and networking events to help employees build relationships with their colleagues.
- Is there an international mobility program at the Oliver Wyman Group?
Yes, Oliver Wyman offers an international mobility program called the Global Mobility Program. This program enables eligible employees to take up an international assignment in any of the firm's offices around the world. As part of this program, the firm offers financial and relocation assistance.
- What is the travel policy for employees at the Oliver Wyman Group?
The Oliver Wyman Group’s travel policy is designed to ensure the safety and well-being of its employees while travelling for work. Employees are required to follow standard safety guidelines and to obtain necessary approval prior to any travel. Employees are also expected to stay within their approved budget while travelling. All employees must adhere to the company’s travel policies and procedures, which include the following: 1. All employees must have their travel plans approved in advance by their supervisor. 2. Employees must obtain a travel authorization form before any business trip. 3. Employees must provide an itinerary to their supervisor prior to departure. 4. Reasonable expenses will be covered for approved business trips. 5. Employees must comply with the company's Global Travel Safety Protocol. 6. Employees must be aware of any travel restrictions in place and comply with them. 7. All travel should be scheduled and booked through the company's preferred travel vendor. 8. Employees should always use the most cost-effective method of travel.
- Does the Oliver Wyman Group hire interns?
Yes, the Oliver Wyman Group offers internships to college and graduate students. To learn more about the internships, please visit their website.
- What are the key skills needed for a job at the Oliver Wyman Group?
1. Analytical Thinking: The ability to critically evaluate facts, figures, and other data to draw meaningful conclusions and develop creative solutions. 2. Communication: The ability to present complex ideas in a clear and concise manner, both verbally and in writing. 3. Problem Solving: The ability to identify problems, develop strategic solutions, and implement new processes. 4. Leadership: The ability to develop and foster relationships with key stakeholders and inspire others to work towards a common goal. 5. Interpersonal Skills: The ability to work effectively with people from diverse backgrounds and cultures. 6. Business Acumen: A strong understanding of the industry and the ability to make sound business decisions. 7. Technology: The ability to effectively use technology to support the firm’s services and business operations. 8. Teamwork: The ability to work collaboratively with colleagues, and take initiative to complete tasks and projects.
- Does the Oliver Wyman Group offer any scholarships or grants?
The Oliver Wyman Group does not currently offer any scholarships or grants. However, we do provide a number of resources to help you explore and discover a range of financial aid options. Please visit our website for more information.
- Does the Oliver Wyman Group provide relocation assistance?
Yes, the Oliver Wyman Group provides relocation assistance for those who need it. This assistance may include help with finding housing, settling into the new location, and other needs associated with moving.