Risk Management Solutions

  www.rms.com
  www.rms.com
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Risk Management Solutions Reviews

Updated September 12, 2014
Updated September 12, 2014
171 Reviews
3.1
171 Reviews
Rating Trends

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Approve of CEO
Risk Management Solutions President Hemant Shah
Hemant Shah
120 Ratings

Review Highlights

Pros
  • Good work life balance,ample growth opportunity if you are a self learner (in 15 reviews)

  • meritocratic organisation - smart people do well (in 11 reviews)


Cons
  • Catastrophe modeling is a smaller industry so over-specialization may be an issue (in 3 reviews)

  • Communication between the different groups/departments is poor (in 3 reviews)

More Highlights

30 Employee Reviews Back to all reviews

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  1. 5 people found this helpful  

    Many teaching moments

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

    I worked at Risk Management Solutions full-time

    Pros

    This is a company that treats people with respect and dignity. Some of the former laid off employees have it just backwards. RMS was giving them an opportunity to grow, to explore different fields, and to get creative by looking for new jobs. Which is really the best feature of RMS: you are challenged in your level of how much BS you can absorb. Leaders from hell, but teachers for life. The lessons I have taken with me are too numerous to count. Number one: don't work on something (software in the cloud) under somebody (e.g. the now ex-CTO) if nobody really knows what they are supposed to be doing. This lesson came at a price ($100 Million plus), but it was the best education I could have asked for. Priceless. Thank you shareholders. Let me know when the servers from the data centers are up for sale.

    Cons

    I wish RMS' money would have lasted a little longer for us to slack around pretending that we're on track. While I fully embrace new challenges, I envy a little all the people that can still fully ride this wave at RMS. Well done colleagues, you might have some more years to go. And in case you won't get a bonus this year (why would you want that anyway), it might be time to get used to it.

    Advice to ManagementAdvice

    I believe things are going in the right direction, whether that's up or down -- who cares. Maybe another day off per week would be good, folks could get a lot of things done at home (gardening, applying for jobs, stand by the letter box to hear the checks come in).

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    Growing pains but a bright 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 for more than a year

    Pros

    CEO is making the necessary changes to move the product and the company forward. Supported by parent company and while the next 6 months will be tough it isn't going to be tough by typical Silicon Valley standards. New leadership in software dev is the real deal. Agree with other comments that this is gem in Silicon Valley.

    Cons

    Because it is a relatively small company and many many people have been there for YEARS, the kind of change we are going through is hard for them. If you aren't happy, please go somewhere else.

    Advice to ManagementAdvice

    Took a little too long to make the changes with the CTO. Agree with other comments about HR and product management. HR: Don't hire inexperienced friends of the family into jobs we don't need. Product management needs the right home and leader.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Highly intelligent colleagues, supportive management, comfortable and challenging place to work

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

    I have been working at Risk Management Solutions as a contractor for less than a year

    Pros

    RMS has a great mission - to make the world a more resilient place. To achieve this, it has created a terrific business model that is very profitable. It provides a secure, stable environment with highly intelligent and talented colleagues. The work/life balance is real, not just a sales pitch - everyone starts with 20 days PTO plus 10 national holidays. People work hard, and there is stress (after all, it's WORK, not play), but it is very manageable compared to many organizations in Silicon Valley.

    Cons

    As with any growing organization, there are management challenges. The company sometimes lacks interdepartmental transparency and communication - a situation that leadership is addressing.

    Advice to ManagementAdvice

    Continue to hire the best and the brightest. Don't settle for mediocre hires even with scarce human resources.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Great company, right direction, many perks, and some problems

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

    I have been working at Risk Management Solutions full-time for less than a year

    Pros

    Overall, the company is moving in the right direction regarding software development, though there are still problems. Flexible schedule. Free snacks. Free dinner every day. Free lunch once a week. Gym. Team outings are paid by the company.

    Cons

    Very bad organization of different teams interacting with each other. One team blocked by another is a normal thing. Some approaches used during development of software are very questionable and bring a lot of hassle without any benefit.

    Advice to ManagementAdvice

    Get some people experienced in software development to organize development processes. Teams constantly blocked is waste of company's money.

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    RMS is an exciting and fun place to work doing cool stuff with really smart people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Hoboken, NJ
    Current Employee - Vice President in Hoboken, NJ

    I have been working at Risk Management Solutions full-time for more than 10 years

    Pros

    RMS has a special culture with a great proportion of the employees being extremely passionate and energetic. Being an innovative growth organization requires frequent change which is coupled with great career opportunities and growth. Those who are courageous enough to adapt quickly, seize these opportunities and bring fellow colleagues along can achieve great success.

    Cons

    With great passion for RMS and what we do it's sometimes difficult to switch off because its in my blood. But honestly, I'm grateful to be in a career that I enjoy at a company I'm proud to be a part of and have helped shape over the years. I'm thankful that I have been patient enough and smart enough to stick with RMS over the past 10+ years through the evolution of this organization and personally share in it's success.

    Advice to ManagementAdvice

    Appreciate and acknowledge our employees as they are our greatest asset! Our employees are integral to our past current and future success.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Passionate People

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

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

    Pros

    Getting to work on cutting edge stuff without the hype and with some of the smartest people in the valley. The environment is cool and a lot of collaboration.

    Cons

    Perks are ok, not great: Thursday lunch, occasional breakfast, and gym is good. Too much competition between the global offices.

    Advice to ManagementAdvice

    Empower your people to do more… you'll be surprised.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A market leader AND disrupter

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

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

    Pros

    A company with extremely strong market share and financials, but willing to completely disrupt the market space by embracing new technology (cloud) and introducing more open and resilient IP (risk models). It's kind of like a start up, but with no chance of running out of money. Also, the culture is positive - its about what we can achieve, not deliver or else....

    Cons

    Being part of a disrupter strategy is not for the faint of heart. The environment is fast-paced by necessity and every decision is critical - which turns up the pressure. Also, we're inventing something that has never existed, so there are nay-sayers in the industry and to some extent among customers.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 4 people found this helpful  

    Some growing pains, but huge opportunities ahead

    • 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

    Pros

    Number 1 in the industry. Small company that is doing some big-company things. Great upcoming release that could really change the industry. Passionate CEO. Continually changing and evolving.

    Cons

    Some growing pains with promoting technical people into managerial roles without the proper training. Broad company branding/recognition is lacking.

    Advice to ManagementAdvice

    Keep in touch with the employees and with the evolving technology. Focus on manager training and employee development.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    A place to be an individual and make your mark

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager  in  Hoboken, NJ
    Current Employee - Senior Manager in Hoboken, NJ

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

    Pros

    Some of the most intelligent people I've ever worked with but also grounded, down to earth and humble. There is a great deal of information sharing.

    I have the ability to try new things, and even with the risk of failure be supported by my team and upper management. (Yet to hear the words "We did that once and it didn't work!")

    Because of our company size, the teams are smaller and people have the opportunity to really shine. This is not the place to work if you want to hide and aren't ready to "roll up your sleeves". Everyone has responsiblity and opportunity.

    Cons

    Majority of senior leadership is located in California and though they do travel extensively, their time in the remote offices is limited.

    Advice to ManagementAdvice

    Be more visible. We see a lot of Hemant but the other leaders tend to focus on their direct reports. Would love to understand what each leader brings to the table and the overall vision of the company.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    I love my job!

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

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

    Pros

    RMS give me tons of atonomy
    We are clearly aligned as a company
    Lots of support from upper management to be innovative and to take calculated risks
    Subject matter experts are valued
    Co-workers are friendly and I have great work/life balance
    Managers are accessible even the CEO

    Cons

    We are building out an entirely new cutting edge platform that will change they way we/industry do business. Change is always hard. We have a complex product that takes a while to get your head around.

    Advice to ManagementAdvice

    Keep communicating with the employee base and continue to celebrate wins

    Recommends
    Positive Outlook
    Approves of CEO

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