The Segal Group is a compensation, benefits, and human resources consulting firm using its expertise to help clients organize and streamline internal processes. Its focus is on keeping clients’ employees secure, reducing costs, and optimizing services.
Firm Key Stats
Firm Website: www.segalco.com
Firm Headquarters: New York City, New York
Firm Number of Employees: 1000+
Firm Number of Locations: 25
Firm Chief Executive: David Blumenstein
Firm Revenue: $250 million
Segal Group History
Founded in 1939 by Martin E. Segal, the firm grew from a single office in New York. In the nearly nine decades since, Segal has expanded its services, locations, and team members, and become a leading provider of the services in its niche.
Segal Group Careers
Segal has open positions posted on its careers page, and also gives the option to submit an application without choosing a specific role if nothing of interest stands out.
Segal Group Internship
Summer internships should appear on Segal’s open positions page as they become available each year, and those who are curious about opportunities that haven't been listed yet could send an application directly and inquire about other possibilities.
Practice Areas
Segal practice areas focus on the range of services related to human resources, insurance, and retirement consulting:
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- Retirement Consulting
- Health Benefits Consulting
- Benefits Administration Consulting
- Benefit Audits
- HR and Benefits Communications
- Compensation & Career Strategies
- Compliance Consulting
- HR & Benefits Technology
- Commercial Insurance Brokerage Services
- Investment Solutions
- Mergers & Acquisitions
- Organizational Effectiveness
- Financial Well-Being
- Property & Casualty Insurance
Industries
Segal industries span many sectors, an illustration of the widespread need for human resources consulting and insight:
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- Architecture, Engineering and Construction (AEC)
- Energy
- Higher Education
- Healthcare Industry
- Multiemployer Plans
- Professional Services
- Public Sector
- Sports Organizations
- Technology, Media & Telecom
- Training Funds
Segal Group Locations
Segal has 25 offices across the U.S. and Canada:
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- Albuquerque, NM
- Atlanta, GA
- Austin, TX
- Boston, MA
- Chicago, IL
- Cleveland, OH
- Coral Springs, FL
- Denver, CO
- Detroit, MI
- Edmonton, AB, Canada
- Fort Washington, PA
- Hartford, CT
- Juneau, AK
- Lansing, MI
- Los Angeles, CA
- Minneapolis, MN
- Montréal, QC, Canada
- New York, NY
- Philadelphia, PA
- Phoenix, AZ
- Princeton, NJ
- San Francisco, CA
- Toronto, ON, Canada
- Washington, DC
- Worcester, MA
Exit Opportunities
Because Segal is strongly focused in one area, exit opportunities related to human resources would be very relevant and likely a good match for those planning to make a career change.
Diversity Programs
Segal writes about its value for diversity and inclusion on its DEI page and encourages its employees to form Business Resource Groups (BRGs) in order to create connections with like-minded coworkers. Some of the most popular ones are Pride@Segal and Women’s Leadership Council (WLC).
Segal Group Culture
While some employees report excellent experiences with their teams and management, others are unhappy with leadership that doesn’t promote very quickly or compensate according to experience and ability. Another frustration is the firm’s loyalty to older programs and coding languages that are essentially obsolete.
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Segal Group Interview
Interviews at Segal shouldn’t hold too many unexpected turns, with many practices being pretty standard. Here we get into some details on what to anticipate.
Interview Process
Most interviews will involve 3-5 rounds of conversation. HR is always one of those, and the other interviewers will vary based on the position applied for. Previous candidates have spoken to the CEO, a design manager, a hiring manager, VP, or a marketing manager. Interviewees should expect typical behavioral and technical questions, and some were given case studies. Group case studies are not uncommon, with 4-5 people tasked to collaborate on a project for presentation. Some applicants who didn’t receive offers reported never hearing back from HR after the initial conversation, even when follow ups were promised, so some unprofessionalism occurs occasionally. Below are questions that have been asked previously:
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- Where can you see yourself in 5 years?
- What is the main reason you want to work with us?
- What were some challenges of working in a group and how did you fix them?
- What is your greatest strength and weakness?
- How do you manage your time?
- Which work environment will you prefer?
- Tell me something about this project
- If sitting in on a meeting, what role (archetype) do you tend to fall into?
- What would you do if you're behind on a project with a pressing deadline?
Segal Group Salary
Segal salaries come close to Big 3 firms, though they’re generally lower. Glassdoor shows the following average salaries for consultant positions:
- Senior Consultant: $133,642
- Associate Consultant: $109,591
- Associate Actuarial Consultant: $128,345
- Testing Consultant: $122,455
- Consultant: $114,134
- Intern: $55,796
Those interested in more consulting compensation details can review the Management Consulted salaries report which lays out salary specifics of hundreds of firms.
Conclusion
The Segal Group does quality consulting work that many individuals would be happy to jump into. Aspiring consultants will learn the ins and outs of human resources and benefits functions and become assets to Segal, as well as build skill sets that could be useful in future roles.
Additional Resources:
- Top Consulting Firms of 2023
- Top 10 Boutique Consulting Firms in US
- Consulting Resume: Complete Guide
- Case Interview: Complete Prep Guide