There are newer employer reviews for The Hartford
There are newer employer reviews for The Hartford

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Helpful (2)

Production Underwriting

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Underwriter in San Antonio, TX
Current Employee - Underwriter in San Antonio, TX
Doesn't Recommend
Negative Outlook
Approves of CEO

I have been working at The Hartford full-time (More than 3 years)

Pros

good training and good people

Cons

management is not experienced in business education/knowledge and lacks fundamental leadership skills.

Advice to Management

go to business school and learn how to be leaders!

Other Employee Reviews for The Hartford

  1. Helpful (1)

    Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Positive Outlook
    Approves of CEO

    I have been working at The Hartford full-time (More than 5 years)

    Pros

    Good manager and lots of different kinds of jobs to move into.

    Cons

    Overall, lower salaries compared to other companies and not an energetic environment.


  2. Helpful (1)

    How to turn a good company into one where everyone now wants "out"!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Simsbury, CT
    Current Employee - Director in Simsbury, CT
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at The Hartford full-time (More than 10 years)

    Pros

    Pre 2009: Great company, great employees. Post 2009: Penny pinching, scared employees

    Cons

    The following may seem too personal, but I just want to describe to prospective employees what they will experience. Therefore, I believe this review is entirely relevant, especially what you will read at the end. I am a retiree of the HIG. The current climate is much different since Liam McGee took over as president 4 years ago. He has sold off business units, laid off thousands of employees, and employees are always looking over their shoulders. I keep in touch with my former colleagues, and virtually all of them describe a "gloom and doom" atmosphere. The Hartford was a TARP company who received a substantial amount of money because of bad investments. Stock price (Which I help in my 401k) went from $106 to $3.33 in less than two months. I was one of the lucky ones who got out with losing just half my savings). Apparently, Mr McGee, a former banker, believes that almost all of their businesses could be run as transactions. This changed HIG's style from a company who used to give well thought-out advice to their customers to something a company that measured everything to the nanosecond. Believe me, NO employers were ever aware we were in financial trouble before the day it was announced. And no one thought the pain would be as tortuous. The problem was the way management implemented changes. There was virtually no communication to the ees about what was going to happen, until after it happened. Smart people being escorted out, Managers changed. It was completely heartless, much more than necessary. The morale of those left behind had degraded rapidly over what they saw, and to this day, there isn't a person there who isnt afraid of that tap on the shoulder. Here's one example: In the group department where I worked, THE HIG had just hired approximately 30 new sales trainees, half right out of college, half who left their old company to work for The HIG. Then, one day, a few months into their training period, they were all let go. I am sure that these people were shocked as many of them no doubt had turned down other offers before they started at HIG. The entire company, 99% of whom hadn't even met these people were aghast. It was just WRONG, and it turned out that that just set the stage for axes to start falling everywhere.

    Advice to Management

    As all stock held companies say, those stockholders were "owners" of the company. The other two areas of interest for most publicly traded companies, were "our customers", and only after them them, your own employees. Hartford looked at the stockholders ONLY, and did hatchet jobs on many of their long-time customers and sacked 10,000+ employees. Management really doesn't understand how this affects people and the quality of their work. Or maybe they do know - and didn't care. I worked there for 20 years and my memories are great. To see the battlefield destruction of what the new management left behind is so disheartened, even for someone like me who doesn't work there anymore. You were SO great, but now you're just an uncaring beast. No employee or client should ever, EVER, be treated the way you did. Liam, I don't know of a single employee, from the ranks to the upper management, who thinks you know what the heck you're doing. Confidence in you: None. I do realize thats thats the way of the world now, but for Christ sake, do it with class, and make sure those left behind feel wanted.


There are newer employer reviews for The Hartford
There are newer employer reviews for The Hartford

See Most Recent

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