Summit Consulting – Why Work For Us?

ABOUT

Summit is a specialized analytics advisory firm that guides Federal agencies, financial institutions, and litigators as they decode their most complex analytical challenges. Summit’s staff of Economists, Econometricians, and Research Scientists use quantitative techniques to assist our clients as they model risk, evaluate program performance, and predict future performance.

At Summit, we solve complex analytical challenges with unparalleled customer service and extensive client collaboration. The solutions are complete only when they are understood by our clients and solve their problems. Our distinct capabilities include program evaluation, applied statistics and economics, mortgage finance, financial services, Federal Credit modeling and forecasting, and litigation analytics.

Summit hosts a solutions-focused academic environment and is dedicated to staying at—and pushing—the forefront of analytics best practices. To that end, our staff members present research at conferences worldwide and partake in intensive in-house technical trainings (read more about our Professional Education and Knowledge Seminars) on a weekly basis. Our Principals, Academics, and Research Scientists are recognized experts in their fields and they are capable of leading large and small solution teams.

Summit: complexity simplified.

WHAT SUMMIT OFFERS

At Summit, we believe that the best talent should be rewarded. We offer a competitive benefits package to care for your health, financial well-being, and professional growth. Summit prides itself on being a world-class consultancy firm that can offer its employees with benefits comparable to those offered at larger firms.

  • Holidays and Paid Time Off (PTO) – Summit recognizes eight holidays per year and offers tiered paid time off earnings according to length of service.
  • Health & Dental Insurance – Summit pays 100% of the premium for full-time employees, 75% of family premium to be covered by employee, and the employee is eligible on 1st of month following start date.
  • Flexible Spending Account – Employees may defer up to $2,500 for medical expenses or $5,000 for dependent care per year.
  • Disability Insurance – Long term disability insurance is offered to full-time employees and is fully paid by Summit. This insurance protects employees unable to work for over six months due to injury or disability. The disabled employee earns 60% of pay (up to $6,000 per month). Short term disability insurance allows employees to earn up to 60% of their pre-disability earnings (up to $1,000 per week) if they are unable to work for eight days or more. This benefit applies to maternity leave.
  • Life Insurance – Summit fully pays for $50,000 of coverage for full-time employees. Employees may purchase additional coverage if desired.
  • Retirement – Summit offers employees a 401(k) plan, to which they can contribute up to $17,500 per year ($23,000 for employees over 50). Summit contributes 3% (regardless of participation), and will contribute up to 5% if company goals are met for the year.
  • Transportation – Employees can withhold part of their paychecks to have tax-free funds transferred to the WMATA SmarTrip Cards. Summit also offers a fully paid Capital Bikeshare membership to its employees.
  • Annual Bonus – Employee bonuses are computed by using a percentage of the company’s revenue (not just profit) for the year, according to executive management discretion.
  • Pinnacle Awards – Employees may be recognized by Directors for excellent work at any time of year. Pinnacle awards for Analysts and Sr. Analysts can be up to $500, and up to $750 for Consultants and Sr. Consultants.
  • Tuition Reimbursement/Professional Development – Employees may be reimbursed by to $2,500 per year for professional development activities, subject to management approval and other restrictions. More information below.
  • Paternity Policy – Employees are entitled to leave due to birth or adoption of child four years of age or younger.  To be eligible, the employee must have worked with Summit for one year, be a full-time employee, and provided written notice 90 days prior to due date/date of adoption. Fathers are given 40 hours of PTO, which may combine with accrued PTO or unpaid time off, but leave cannot to exceed 12 weeks.
  • Unpaid Sabbatical – Employees may take unpaid sabbaticals up to four months if they have worked for Summit for four years, commit to working for six months following return, and provide adequate notice.

*Benefits listed above are for full-time employees. Availability and extent of benefits may vary for part-time employees or under other circumstances.

PROFESSIONAL DEVELOPMENT:

We encourage professionals at all stages of their careers to pursue development and enrichment. Summit provides employees with opportunities to attend professional events and reimbursement to hone their technical skills or pursue higher education.

  • Tuition Reimbursement – Employees may be reimbursed up to $2,500 annually for qualifying education and training expenses. This benefit is subject to management approval and other restrictions.
  • Professional Organizations & Conferences – Our professionals are most effective when they have the most relevant skills and immediate knowledge of industry trends. To this end, Summit may provide travel stipends for those wishing to attend conferences and develop their professional networks.
  • Goal Setting & Reviews – Setting goals at the beginning of the year helps employees discover in which direction they would like to take their careers while providing their managers with a means to support them. Achievement is assessed at the end of the year and may be taken into account when determining promotions and salary adjustments.
  • Internal Organizations – Summit also fosters and maintains internal organizations that meet on a regular basis to provide a forum for discussion on emerging methods and necessary skills.

Professional Education and Knowledge Seminars – As an additional professional development resource, Summit sponsors an internal knowledge sharing program called Professional Education and Knowledge Seminars (PEAKS). This collaborative program involves regular seminars and discussions on a range of econometric and programming topics, such as time series modeling, data mining techniques (factor analysis, regression tree algorithms), advanced nonlinear regression, instrumental variable analysis, panel data analysis, and brainstorming for client-related technical challenges. The purpose of PEAKS is to provide Summiteers with enriching training opportunities and to ensure that Summit remains at the cutting edge of its field, allowing for unrivaled quality work for our clients. All staff members are invited to participate in, suggest topics for, and present their work at the informal PEAKS meetings.

THE TYPICAL DAY

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Summit’s employees enjoy varied personal and professional interests, but here is a typical day in the life of one of our employees:

  • To begin the day, arrive at Summit’s centrally located, metro-accessible office in downtown DC, near Union Station and the US Capitol.
  • Sit down at your desk in Summit’s open-air collaborative environment. Check emails from overnight to address client requests, needs, or concerns and provide colleagues with updates on the files and documents you’ve been working on.
  • At 10 am, attend the regularly-scheduled team meeting to check in with manager and engagement leaders.
  • Grab a snack and a drink from Summit’s break room fridge.
  • Schedule a dry-run of a presentation you created for the client, inviting team members and engagement leads that can offer helpful insight.
  • Take another look at the requirements for an upcoming proposal that you’ll assist in creating.
  • For lunch, swing by a food truck for a quick bite, sit down with a few coworkers at a restaurant across the street, or take a break and eat lunch in Summit’s kitchen that overlooks the city.
  • Take Capital Bikeshare to the client site to discuss technical documentation or datasets that you need to complete a deliverable analysis report.
  • Hold one-on-one working sessions with team members to solve problems or brainstorm new ways of approaching a challenge.
  • Prepare for a Summit-led training session you’ll attend later in the week that will cover econometric methods and time-series forecasting.
  • Per an email request, review an Analyst’s draft report and provide feedback.
  • At the end of the day, relax with some coworkers in a more casual setting. Grab a drink around Chinatown or walk down to the National Mall for seasonal events, such as Jazz in the Garden or Screen on the Green.

Summit Consulting Reviews

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  • Featured Review

    Excellent workplace environment

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

    I have been working at Summit Consulting full-time

    Pros

    Unlike many other consulting firms, Summit places real emphasis on work-life balance. The billable hour requirement is reasonable, and most managers are understanding, flexible, and considerate regarding work demands for lower-level staff. Summit's "personality" is another strong point. Summit is able to balance high productivity with an easy-going, low-stress environment. This is possible because employees like their coworkers and managers, instead of fearing them. There are certainly exceptions to this rule, but this is generally the case.

    Cons

    The base pay seems lower than comparable statistical consulting firms. This is explained, I believe, by the favorable work-life balance Summit offers. Further, bonuses in the past had been generous, which was great, but they have been reduced considerably.

    Advice to Management

    I believe management has done an excellent job balancing recent growth and planning for the future. I feel like the unique culture of Summit will continue to attract high-quality individuals, and that the future holds sustained growth and success.


Summit Consulting Interviews

Interview Experience

Interview Experience

33%
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66%

Getting an Interview

Getting an Interview

66%
33%

Interview Difficulty

2.7
Average

Interview Difficulty

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Average

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  1. Helpful (1)  

    Various Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied online. The process took 4+ months. I interviewed at Summit Consulting (Washington, DC) in January 2014.

    Interview

    Quite an onerously long process. I applied to a management consultant position via Linkedin in September. In October, I was e-mailed by HR with a list of follow-up questions about my resume and future goals. I replied and didn't hear back for weeks, and finally was reached with a simple e-mail from HR saying thanks and that they will ping the hiring manager about next steps which should be soon. I don't hear back within the stated time frame so I reached out several days after that to inquire about my status. I get dragged along and then finally get a phone call from HR just going over the same issues I had already answered via e-mail about what I'm doing and what I'm looking for. I'm finally sent an e-mail by a different HR employee inviting me to come in for an interview for multiple positions. The earliest date was the first week of January. I wasn't given details about the roles until close to the interview date, despite being told I'd get them sooner. I finally show up to the interview and half the people I was supposed to meet with didn't show up. One person only briefly stopped in and then had to leave to take a phone call, and never returned. So I spoke with two different teams, each consisting of two people. The first group was senior staff, the second group was junior. I was told I would get a response within a week. The end of the next week I was told the positions I interviewed for were offered to other candidates. 4 month process overall. I got the sense that they always struggled with my candidacy, stating throughout the process via e-mail that they were trying to see where I would fit into the organization as they had a number of different openings for different roles. Both teams during the interview mentioned how I had done a lot of different things in my career, confirming that uncertainty of how I would fit in. It seemed the profiles of the current employees were more or less narrower than the type of experiences I've had. I also got the sense that they weren't terribly interested in me as a candidate. They didn't clamor to ask me questions and I was compelled to lead the conversation by asking my own questions and making those answers as developed as possible.

    Interview Questions

    • None of the questions were really out of the ordinary, though I was asked by a junior consultant to describe a model or product I created in a previous role. Also, the senior consultant in the first group kept asking subtle questions in an apparent attempt to learn as much as possible about my personal life.   Answer Question

Summit Consulting Awards & Accolades

Something missing? Add an award
Fastest Growing Private Companies in America (1109) , Inc. Magazine, 2015
Work-Life Seal of Distinction , Alliance for Work-Life Progress, 2015

Additional Info

Website www.summitllc.us
Headquarters Washington, DC
Size 50 to 149 Employees
Founded 2003
Type Company - Private
Industry Business Services
Revenue $10 to $25 million (USD) per year

Summit is a world-class analytics advisory firm that guides federal agencies, financial institutions and litigators as they decode their most complex analytical challenges. Summit’s staff of economists, econometricians, consultants and research scientists use quantitative techniques to assist our clients as they score and model risk, evaluate program performance, forecast cash flows and estimate economic damage. At Summit, we solve complex analytical challenges with unparalleled customer service and extensive client collaboration. The solutions are complete only when ... More

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  • Summit Consulting update
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    Summit's growth featured in several major media outlets

    Press Coverage of Summit's New HQ - Data Analytics and Program Evaluation | Summit

    Summit is a specialized analytics advisory firm that guides federal agencies, financial institutions and litigators as they decode their most complex analytical challenges. Summit's staff of economists, econometricians and research scientists use quantitative techniques to assist our clients as they model risk, evaluate program performance, and predict future performance.

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