AXIS Capital Holdings

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AXIS Capital Holdings Reviews

Updated August 6, 2014
Updated August 6, 2014
14 Reviews

2.7
14 Reviews
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AXIS Capital Holdings CEO Albert A. Benchimol
Albert A. Benchimol
3 Ratings

Employee Reviews

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  1.  

    Good Company

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

    Pros

    Great compensation and benefits, entrepreneurial culture, good people.

    Cons

    Limited advancement opportunity, no annual goal and objective settings, poor performance review process, good ole boy culture (advancement based on relationships rather than talent/contribution)

    Advice to ManagementAdvice

    Create career paths, enforce annual goal setting process, allow opportunities to compete for open positions.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great Salary & Benefits but No Life

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

    Pros

    Salary and benefits. No other pros.

    Cons

    As others have stated good old boy/gal type of atmosphere. Bullying seems to be respected and rewarded at this company. Toxic work environment in Insurance Department that has been reported to lower management and HR by current and ex-employees over a period of years . Just a matter of time before someone files suit. If you are a normal caring human being don't apply to work here.

    If you like paper (lots of paper) and no computer systems this is the place for you.

    Advice to ManagementAdvice

    Realize to grow a company you all management to be professional and fair no matter who they are dealing with. They should NOT let their personal/friend relationships affect their judgement and decisions. Public humiliation and/or harassment should NOT be tolerated by anyone and should be grounds for dismissal.

    You are a young company and still building the foundation is so important in systems and employee's.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Is it really worth the money?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriting Assistant  in  New York, NY
    Current Employee - Underwriting Assistant in New York, NY

    Pros

    - Salary
    - Change is on the way with new management

    Cons

    - Company advertises there is a training program but this truly does not exist (false advertisement)
    - Promoting within is never an option
    - Company lacks asking opinions of the "little people" only driven by the producers not the help

    Advice to ManagementAdvice

    Get more involved with individual business units! Talk to the people at the bottom and not just the top. Companies run because of everyone involved not just the "top" people. Management of units try to hide so much from higher management so they can keep a job.

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    All decisions focused on increasing Sr. Management's Bonus and paying the "TALENT"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance Analyst  in  Alpharetta, GA
    Former Employee - Finance Analyst in Alpharetta, GA

    Pros

    Interesting work - until they booted the founder and CEO. Some good people -- on a personal level. An ideal place to work - if you have no desire to advance or take on new responsibilities.

    This company used to be one of the top P&C companies for a good career. Since they booted the former CEO - things continue to decline and a an increasing rate. The sharks are swimming and the good executives have or are are all moving on.

    Cons

    Where to start -
    Good Old Boy network

    If you are not hired in as the "TALENT" at a VP level - forget it - attitude is one warm body is as good as the next at any level below that.

    They pay way to much for their officers at all levels -- then give them bonuses that are way to large. Keeps a stagnant, unmotivated and uneducated management workforce - that can't find a job anywhere else because they are so overpaid. This ensures that the culture survives

    Career Path - Only if you start out as a VP (maybe)

    Communication - None to the staff - except all of the meetings at the VP+ level -- where nothing is accomplished - but scheduling more meetings.

    Opportunity - only for the few favorites

    Judge of talent and skills when determining resource needs and matching - non-existent

    Management - behave like children - continuously trying to undermine each other. Best part is that they don't hide this attitude -- they make it very obvious to those that work for them.

    Expect in the next 5 years -- everything to be outsourced to India or elsewhere - claims, finance, accounting, risk, external reporting, operations, etc. -- with only the talent (the majority of whom are less than knowledgeable - but think they know everything) left behind.

    Form wins out over substance every time - but it has to be that way with a good portion of the management team thinking they know everything.

    Management taking responsibility / accountability -- nope - just finger pointing - always someone else fault.

    IT - a case study on how NOT to set-up your network, how to buy junk equipment, no inking that solid networks and desktops / laptops with the proper hardware improve productivity.

    Systems -- wonder how decisions are made -- looks to be throwing darts. System Implementation -- Replace a system with another system -- reduce functionality - and do nothing more than what the system you already have is doing.

    Long-term strategic planning - may take place - but it lacks a detailed road map on how to get there.

    Mediocrity is rewarded.

    Advice to ManagementAdvice

    Wake up and smell the coffee. You are all too busy patting each other on the back to see what is really going on. Even if you do see it -- you are putting your heads in the sand.

    Encourage the truth -- the corporate culture starts at the TOP. Encourage responsibility and accountability.

    Actually Manage and mentor your staff - communication by email is not appropriate when working 15 feet away.

    Outsourcing - you better know what you are getting into -- and outsource only those processes that are repetitive, repeatable and clerical.

    Definitive career paths - from the day someone is hired. Saying there is opportunity and actually providing opportunity are not the same thing.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Great newer, upcoming company. Weak IT and communication among branches. Decent pay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Assistant Underwriter  in  Kansas City, MO
    Current Employee - Senior Assistant Underwriter in Kansas City, MO

    Pros

    Great newer, upcoming company. Weak IT and communication among branches. Decent pay.

    Cons

    Weak IT and communication among branches.

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Temporary Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Services Associate  in  Alpharetta, GA
    Current Employee - Client Services Associate in Alpharetta, GA

    Pros

    Was able to interview for a position for the department where I was working.

    Cons

    They promote from within the company.

    Advice to ManagementAdvice

    None.

    Doesn't Recommend
    Neutral Outlook
  8.  

    Experience at Axis Re Zurich Depends on Which Business Function/Team You Work For!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Zürich (Switzerland)
    Current Employee - Vice President in Zürich (Switzerland)

    Pros

    office location central in Zurich

    Cons

    Depending on which team you work for your experience will vary tremendously. Claims at Axis Re (Zurich) has a very high turnover and has difficulty retaining its people due to weak management and broken team relationships. If you are interviewing to join this team, ask interviewer WHY they are looking to fill the position and WHY the person before you departed.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Enjoyment is very team dependant, lacking in career progression/ guidance

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

    Pros

    Pay and benefits, peers and personalities of other members of the staff.
    Hours are 'family friendly'.
    Very little personal stress.

    Cons

    (My personal view)

    This is a good place of work for an established professional or one who is happy to remain at their level or thereabouts as they tend to recruit externally for the better job opportunities.

    Very 'American' e.g. a lot of pep talks about how great it is, not sure this is a common view.

    Very little guidance on progression/feedback on performance (apart from the annual review).

    What you are able to do varies from team to team regarding aspects like acceptable hours, being late and work attire - confusing.

    Computer systems are pooor.

    Senior management did not seem to be widely approachable.

    A lot of 'authorisation' required from higher up the ranks even for basic tasks - which takes away employees self-value. This makes it harder for the junior members of the team to prove themselves to those higher up in the organisation. (You are reliant on your own boss to champion you and your cause) which in some instances seems not to have happened for a few years.

    Office is exceptionally quiet - layout most likely to blame as opposed to the individuals.

    Advice to ManagementAdvice

    Empower the teams.
    Have clear career paths for employees with real goals set to achieve the next level.
    Acknowledge those who go above and beyond.
    Try and get involved / support an external social aspect so all employees are able to participate.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Excellent company - recommended

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Zürich (Switzerland)
    Former Employee - Vice President in Zürich (Switzerland)

    Pros

    * Start-up atmosphere (people know each other and senior management is very accessible)
    * Relatively informal.
    * Work/life balance.
    * Above market compensation and benefits.
    * For the most part, employees get to be themselves despite working in a corporate environment.
    * Can be quite flexible to employee requirements in terms of relocation or new roles.

    Cons

    It all worked very well for me - no real complaints.

    Advice to ManagementAdvice

    Retain all pros. :)

    Recommends
    Positive Outlook
  11. 1 person found this helpful  

    Overall, Great Company- Depending on Location, Management can be Reactionary & Good Ole Boy Network

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

    Pros

    Generally, the company is a great company- great pay and benefits. If you land in the right division and location, I would advise to stay with the company long term.

    Cons

    Depending on which office you are located in, will depend on whether or not you think the company is great. Management can be extremely reactionary, "good old boy" network, and manipulative...or incompetent. Other departments, from my experience, can be absolutely exceptionally wonderful departments. The company brags at having the best underwriters, and they do have great underwriters. However, none of them are home grown. They typically recruit from other companies because they lack in training within the company. If you land in the right department, you will enjoy yourself and I would say this company is by FAR a long term company you would want to stay with for years to come; the exact opposite if you land with a location where they deem "you do not fit in." They will smile to your face but have no qualms of breaking each and every HR rule possible. They will constructively find a way to force you out. They just need a good lawsuit and the toxic portion could be resolved. It is a shame because it is an excellent company.

    Advice to ManagementAdvice

    Why? Good old boys network, especially certain regions.

    Recommends
    Neutral Outlook
    Approves of CEO

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