Bringing in the most money are Actuarial Consultants — their earnings average $100K annually. Management Consultants are a close second at $76K along with Business Systems Analysts (about $67K) and Executive Assistants (approximately $65K).
When it comes to location, the highest average paycheck ($97K per year) can be spotted in Washington, DC; Detroit, Mich. (around $92K), New York, N.Y. ($71K), and Boston, Mass. (about $67K) are the next top-paying cities. Within the firm, employees working in District of Columbia take home the most — $97K annually on average.
Years of Experience
For those with five to nine years of experience, average earnings amount to $78K per year. The largest slice of the The Oliver Wyman Group workforce (38 percent) has been working for one to four years and earns, on average, approximately $69K annually.
Certifications and Degrees
Associate of the Casualty Actuarial Societys are compensated at a much higher rate than non-authorized workers, bringing in close to around $95K per year. Regarding salaries and education, The Oliver Wyman Group pays those with a Bachelor of Science in Bachelor of Science (BS / BSc) the most — about $78K.
The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of approximately $100K annually. Microsoft Excel is considered a run-of-the-mill skill; around half of The Oliver Wyman Group's people use it regularly. Data Analysis, Consulting Management, and Strategy are also desirable skills.
Benefits and Perks
As part of compensation, The Oliver Wyman Group gives paid vacation to half of respondents and paid sick leave to 18 percent. A fair number of employees plan for retirement by taking advantage of the company-sponsored 401(k) program. A large number of survey participants report having health insurance, and most workers report having dental coverage. The Oliver Wyman Group employees also enjoy perks such as a stock purchase plan, free drinks, a casual working environment, and a subsidized cell phone.