Risk Management Solutions Reviews

Updated January 30, 2015
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Risk Management Solutions President Hemant Shah
Hemant Shah
40 Ratings

54 Employee Reviews

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  1. Featured Review

    Helpful (3)

    Smart people trying to solve difficult problems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Newark, CA
    Current Employee - Senior Software Engineer in Newark, CA

    I have been working at Risk Management Solutions full-time (more than 5 years)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Compensation is good, and there have been improvements to work-life balance. Very smart people. There are opportunities to work in a more academic setting or business/client facing setting, depending on preference. The company is willing to let you find your interests and work with them.

    Cons

    There seems to be some mistrust between different organizations. While there is now a clear direction the company is headed, it took a long time to get that direction, and it is unclear if it's attainable.

  2. Helpful (7)

    It's like a startup that pays market rates. Fast moving, hard problems, tolerable politics.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company has been trying to move their core business--catastrophe modeling for the insurance industry--to the cloud since 2012. The project rebooted in 2014 and saw the departure of several top execs (CTO, CFO, among others). There is some new technical leadership that joined in December and, while it's still too early to tell for sure, the 2015 plan looks achievable. Also, the switch from a .NET-based stack to a Java-based stack opened up the software group to quite a few new technologies and open source.

    Running cat models in the cloud is HARD. There is some serious big data here; it's not for the faint of heart. We're talking petabytes of data to manage. As someone who likes a challenge this is a lot of fun. It feels like a startup.

    The office is right off the Dumbarton bridge so it's a quick drive from Palo Alto / Menlo Park and you're going opposite traffic.

    Cons

    Because of the tech reboot, there is a lot of chaos. Software teams can be pulled in many directions. It's hard to keep up with, but it seems like things have stabilized a lot since December. There is some tension between the modeling group and the software group.

    Advice to Management

    Keep up the transparency. Fix the schism between software and modeling. Cat models are going to be commoditized in 5-10 years so the company needs to win on the platform. We're all on the same team here.

  3. Helpful (1)

    Good people. Good place.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Supervisor and Trainer in Tucson, AZ
    Former Employee - Supervisor and Trainer in Tucson, AZ

    I worked at Risk Management Solutions

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Benefits. Salaries. Good managers. Good atpromotions

    Cons

    Very strict. Too much work on 1 person. Some managers there have no respect for the employees

    Advice to Management

    Chill out a little bit. Stop making people skip planned vacations. Put in a bonus incentive. Stop putting the company's success on 1 person's shoulders

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  5. Helpful (1)

    Interesting work, autonomy, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    After working for both large corporations and start ups, RMS is a great size and a great fit for intelligent self-starters who are looking for interesting and meaningful work. RMS is looking to transform an industry that it helped to pioneer, which is no easy task and definitely comes with bumps along the way. However, the high caliber of the employees, level of independence and autonomy available, good compensation, and overall mission and goals of the company make RMS a great place to work.

    Cons

    There could be more clear and concise communication to employees, but this is something that the leadership team is clearly working on and has improved greatly over the last year. Additionally, the facilities, while quite nice, are not always competitive with many companies in silicon valley. If you can get over not having free food for every meal, the environment is still very good.

    Advice to Management

    In tough times, remembering the importance of a strong culture and giving employees the opportunity to have some fun will go a long way (it might even more important than when everything is going well)

  6. Helpful (2)

    Nice People, Relatively Strong Leadership Team, Uncertain Future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time (more than 3 years)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    In my experience, the vast majority of the employee population at RMS are nice, helpful, collaborative, and extremely smart. All good things! They offer the standard benefits that you would expect from most companies in the valley. Career development opportunities are improving and are more abundant in certain groups within the organization. The CEO is mission driven and really cares about the future of the organization and its employees.

    Cons

    RMS is at an inflection point right now and the future success of the organization seems uncertain. Even with that being said, I would recommend RMS to friends who can absorb some level of risk and want to roll up their sleeves, do interesting work, and really make an impact within the company and on an entire industry!

  7. Helpful (1)

    Internship at RMS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Model Development in Newark, CA
    Current Intern - Model Development in Newark, CA

    I have been working at Risk Management Solutions as an intern (less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I had a good experience during my internship at RMS. I worked in a professional team and friendly team in model development team and gained a lot good experiences.

    Cons

    I didn't see any problem during my internship. That being said, three months is probably not enough to notice possible cons in a company. Plus, I only worked with one manager.

  8. Helpful (1)

    Loved the company but concerned about its current direction

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Newark, CA
    Former Employee - Anonymous Employee in Newark, CA

    I worked at Risk Management Solutions full-time (more than 8 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Amazing career progression opportunities, solid business model, market leader, innately high value offering that gets premium pricing, treat performing employees well, and good benefits.

    Cons

    The company has temporarily lost its way in the last year and is looking to regain its footing. For some that might be a warning sign. For others it is a strong opportunity.

    Advice to Management

    RMS needs much stronger operational and execution leadership to execute against its compelling vision and strong market position.

  9. Helpful (2)

    If you are going to work for a corporation this is a good one

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time (more than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    RMS has lots of kind, intelligent, people with a good work ethic. Working here offers an interesting vantage point into the insurance industry and lots of opportunities to learn and make connections. DMGT is a supportive owner, and the RMS leadership is enthusiastic and connected to the business.

    Cons

    RMS has stumbled recently regarding overly high expectations with the RMS(one) strategy. Although RMS plans to continue with the strategy, the plan is to refine scope, delay release, and adjust projected revenue accordingly. As a result layoffs occurred. It was very disappointing to see colleagues hired only to be let go a few months later. As well as long time very respected colleagues lost for political reasons.

    Advice to Management

    I am hopeful RMS will land on its feet. Already I see more cross departmental communication, and transparency. The new technology strategy is very promising. There are lots of talented people, we simply need to execute.

  10. Helpful (2)

    special in bay area

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time (more than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    flexible
    exciting sometimes
    a lot of smart people

    Cons

    need better designer to improve the performance

    Advice to Management

    discuss more and test more

  11. Helpful (1)

    Change is not easy, but it is necessary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Small company feel. But it is a large company.
    Personal growth opportunity
    Free food Thursdays :)

    Cons

    Company is going through growing pains from medium size company to large company.
    Company still getting a grip on how things should be structured internally.

    Advice to Management

    Keep the open communication coming. This is a good thing.

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