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Optiver

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Optiver

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Optiver FAQ

Have questions about working at Optiver? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Optiver.

All answers shown come directly from Optiver Reviews and are not edited or altered.

36 English questions out of 36

19 February 2020

What is health insurance like at Optiver?

Pros

very competitive, great perks like commute benefits, health insurance, 401k plan. the hr department will ensure you are taken care well.

Cons

communication can be bumpy amongst managers and subordinates.

very competitive, great perks like commute benefits, health insurance, 401k plan.

19 February 2020

See answer

8 February 2022

Does Optiver offer an employee assistance or workplace counselling program?

Pros

Really good benefits and the company itself shows that they appreciate you with really nice items

Cons

People are not friendly. My team did not care to get to know me.

Advice to Management

I think this environment works for a few people, but if I were higher level at Optiver, I would check in with the individual contributors to make sure they are good and not overwhelmed or overworked.

Really good benefits and the company itself shows that they appreciate you with really nice items

8 February 2022

See 1 more answer

5 November 2021

Does Optiver offer vision insurance?

Pros

-Good pay (they'll almost always beat any competitor) -Free breakfast and lunch which tastes good on most days -Free coffee until midday -Good resume booster ^ But honestly don't let these perks lure you ^

Cons

-Very high expectations and BS performance reviews means that you could be below average and get fired very quickly. I've seen smart and competent people shown the door. -Within the first few months I saw quite a few people disappear or leave. There was even someone that resigned due to mental health problems (more than likely caused by work related stress). If this place is so great why do people leave? Seriously ask yourself that before joining. -Projects are an absolute mess. As a dev you'll be project manager, tester, support which is on top of your usual dev work. -Limited career growth outside of finance and the tech is an outdated mess. Honestly try finding a C++ job outside of HFT that pays in the same ballpark. So make sure you plan an exit route. -Engineers are a pay grade below. Seriously a second year junior trader earns the same as a senior (l3) developer. -Individualist environment means people are always fighting for their bonus. -Got yelled at by a frustrated manager because I made an honest mistake and was a little slow to interpret something -Be weary of teams with low headcount where only new comers join and people just leave. -If you get an offer at a big tech company, take that option. The slightly extra $ you get is not worth the career risk. I'm glad I made the switch and got out early.

Advice to Management

-Stop complaining about this so called 'talent shortage' when you are firing so many people and inciting 'fear'. If they are smart enough to join Optiver, they are smart enough to stay. -Learn how to evaluate performance, provide proper training and stop putting people in pressured environments where they don't show their true strengths. -The base salary is low relative to big tech, pay people what they deserve, and stop lumping a significant portion as a 'bonus' and firing them right before it gets paid out. -Treat your IT people better. Seriously rather than paying your traders so much invest in better infrastructure. More build/deployment agents could benefit many devs, rather then another yacht for a trader.

Free coffee until midday

5 November 2021

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28 January 2021

Does Optiver offer housing assistance?

Pros

- good pay and benefits (housing, food, etc) - learned about options theory and the industry

Cons

- pretty competitive environment with high expectations - industry with high turnover

good pay and benefits (housing, food, etc)

28 January 2021

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19 February 2020

Does Optiver offer healthcare cash plans?

Pros

very competitive, great perks like commute benefits, health insurance, 401k plan. the hr department will ensure you are taken care well.

Cons

communication can be bumpy amongst managers and subordinates.

very competitive, great perks like commute benefits, health insurance, 401k plan.

19 February 2020

See answer
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36 English questions out of 36

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