There are newer employer reviews for Risk Management Solutions

 

An exciting time to join the company

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

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

Pros

In the last several years, RMS has completely re-worked its brand, staying true to its core market of catastrophe modeling but making major investments to unify its products into a single platform. As a result of this, excitement within the firm is very high, and management & staff are regarding this as the beginning of a new generation at RMS. Without question, the firm is the industry leader.

Cons

Turnover in the office has been high in the last several years. Not a strong feeling of social relationships within the office. Newark, CA location is somewhat remote within the bay area.

Advice to ManagementAdvice

- Invest more in events that strengthen relationships between staff members to reduce turnover.
- Connect with the resources of the bay area: events in SF to attract younger engineers, office visits for students at Berkeley and Stanford.

Recommends
Positive Outlook
Approves of CEO

174 Other Employee Reviews for Risk Management Solutions (View Most Recent)

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  1.  

    New Employee Review

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Administrative  in  Newark, CA
    Current Employee - Administrative in Newark, CA

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

    Pros

    The company has a lot of incentive for employees; it is a very exciting time to be working for RMS, although it's been in business for over 20 years, it has the feel of a brand new company, as it continues to grow and expand.

    Cons

    It is sink or swim, you either come with the ability to learn and quickly or you will find yourself pretty much lost.

    Advice to ManagementAdvice

    Managers need to be proactive as far as making sure the employees are well aware of their role and resposibilities.

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

    Disappointing company

    • 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 for more than 3 years

    Pros

    Catastrophe risk modeling is very interesting in and of itself - lots of opportunities to use data, scientific knowledge and mathematics to develop better estimates damages and losses. And as the leading company in this space, RMS is a pretty good place to do this. For business people in the insurance industry, there is also a lot of value in having great applications that allow you to really understand the models and work with the model output. For RMS this is an opportunity still waiting to be seized.

    Cons

    Very high turnover with lots of the best people leaving - mostly due to bad management. The CEO is the Founder and he still runs the place like it was his own personal company. Employee input on strategy or improving the day to day culture is not taken seriously. Very political environment.

    Advice to ManagementAdvice

    Listen to your employees more. Be less hierarchical in your decision-making.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Risk Management Solutions

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