ACE Group

  www.acegroup.com
  www.acegroup.com

ACE Group Reviews

Updated December 3, 2014
Updated December 3, 2014
37 Reviews
3.3
37 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Evan G. Greenberg
8 Ratings

Employee Reviews

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  1.  

    Great company, if you are not in IT

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

    I have been working at ACE Group full-time

    Pros

    Company is profitable. Ummm thats about it

    Cons

    I don't have enough room and time to describe what is wrong with the company. The IT organization is the worst of any company I'v ever worked at. There is not one person VP all the way to the CEO that has a clue of how to run an IT organization for a company. They just spend hundreds of thousands of dollars bringing in outside experts to help them. So much lost talent in IT where the upper mgt never listens. All the mgt just keeps bringing in their friends who are as incompetent as they are. And all the offshore contractors they use....thats for any other day.

    Advice to ManagementAdvice

    Fire every VP up to the global CIO in IT. Bring in leaders who actually know something.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  2.  

    A mixed bag

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President Marketing in Philadelphia, PA
    Former Employee - Vice President Marketing in Philadelphia, PA

    I worked at ACE Group full-time (more than 5 years)

    Pros

    Company is doing extremely well and management is thinking on its feet, generally, and anticipating the next move. Overall a smart company. CEO knows what he is talking about, and that's nice.

    Cons

    Cheap. Everything needs to be done on a shoestring, including hiring and compensating talent. Compensation is not great. Bonus targets are just that: targets. Very rare to meet someone who gets his/her target. Even when company keeps beating its financial targets, the rewards are not "sprinkled around". Very demanding schedules, sometimes unreasonably so. A little "stuck" in underwriting thinking, which stifles other ways of growing profitably.

    Advice to ManagementAdvice

    Stop promoting successful insurance technicians (mostly underwriters) to general management positions: many are not cut out for the additional responsibilities. For top management: if that's even possible, acquire some true polish and genuine bedside manners - you can fake it to the outside world but employees know better and resent it to the point that it makes them quit!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great atmosphere, tons of learning opportunities and personal growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Philadelphia, PA
    Current Employee - Financial Analyst in Philadelphia, PA

    I have been working at ACE Group full-time (more than an year)

    Pros

    The atmosphere of the office is great, everyone there is wonderful and willing to help. Lots of resources, learning opportunities and great flexibility. Good management in place to make work effective, and have competent people in place.

    Cons

    Busy time is busy time, but there's a light at the end of the tunnel and they work hard to even the workload and make it manageable.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Clueless Technology Management

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

    I have been working at ACE Group full-time (more than 10 years)

    Pros

    A challenging and financially rewarding place to work. If you are aggressive and deliver results you will move up. The 401k plan is outstanding for employees that have been around since 2006, but very average for newer hires.

    Cons

    This review pertains specifically to the IT organization. The Leadership consists of an absolutely clueless group of dinosaurs who have no business guiding a major F500 organization's Technical Vision. Many of them have no background in Technology, so not only are they not respected by the people that work for them, but the decisions they make have horrendous consequences for the organization. Case in point... In response to the Great Recession, the organization decided to outsource development jobs to reduce development costs. The result has been paralytic. The simplest of projects take 2-3 times longer and cost more than they did before. The vendors they selected can't deliver developers, so they are forced to go on the market to find the priciest consultants available. Result: more expense.. More stakeholder dissatisfaction... Longer development timelines.
    Second... To reduce operating costs, they decided to go to an open office concept. Their idea of open office is to not have assigned seats.. In a floor with only available seating for 80% of the staff. The result .. As you may imagine is chaos. Result: staff working from home, longer timelines, stakeholder dissatisfaction.

    Is it any wonder that staff are unhappy and the Business Stakeholders view IT as the place where projects go to die?

    It's never a good sign when the CIO doesn't even know how to create a PowerPoint presentation. I'll maintain his COBOL skills are of little use in 2014, if he can't relate with his staff nor understand the devastating consequences of the choices he's made for the organization are.

    Advice to ManagementAdvice

    Evan... It's time to view technology as a business differentiator and not as an operating expense. You can't be happy with the state of Technology at ACE. Get rid of Technical Leadership that have absolutely no clue how to run an IT Organization. Trim the fat.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Project Mangager

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

    I have been working at ACE Group full-time (more than 10 years)

    Pros

    Great people, benefits and compensation. It is a great place to work

    Cons

    I do not have any cons

    Recommends
    Positive Outlook
  7.  

    Catastrophe Modeling Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Catastrophe Modeling Analyst in Philadelphia, PA
    Current Employee - Catastrophe Modeling Analyst in Philadelphia, PA

    I have been working at ACE Group full-time (more than an year)

    Pros

    Team members are collaborative and helpful. Share knowledge with each other and always willing to help.

    Cons

    None; almost nothing to pick on. Extremely long hours during quarterly end.

    Recommends
  8.  

    Good place to intern.

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

    I worked at ACE Group as an intern

    Pros

    On the job training, participate in many aspects of auditing

    Cons

    Turnover rate very high for the department I worked for

  9.  

    DON'T WORK FOR THIS COMPANY!

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

    I worked at ACE Group full-time

    Pros

    Cannot think of one pro for this organization

    Cons

    They are stuck in the 1980's! Mind set so far behind the times it is amazing they have computers on desks. It is the old boys club and not a team environment. Very disheartening

    Advice to ManagementAdvice

    Get with the times! Get your head out of the sand and realize that your so mentally behind the times in what a work environment should be

    Doesn't Recommend
    No opinion of CEO
  10.  

    Great company, excellent benefits, supportive of the community and the environment

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

    I worked at ACE Group full-time (more than 10 years)

    Pros

    Competitive salary and great benefits, respectful work atmosphere, professional and thoughtful leadership, customer-focused. Made a lot of great friends at ACE.

    Cons

    You will work long hours, but there is potential for bonus and rewards.

    Recommends
    Positive Outlook
  11.  

    Very profitable

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

    I worked at ACE Group

    Pros

    great caliber of people you work with, lot to learn from senior execs as well as colleagues.

    Cons

    Growth may be stagnant depending on which umbrella you fall under.

    Recommends
    Positive Outlook

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