Euler Hermes ACI

  www.eulerhermes.com
  www.eulerhermes.com

Euler Hermes ACI Reviews

Updated September 15, 2014
Updated September 15, 2014
18 Reviews
2.9
18 Reviews
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Paul C.G. Overeem
1 Rating

Employee Reviews

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  1.  

    This position is basic telemarketing. Management is incompetent, immature, and unprofessional.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Development Specialist in Owings Mills, MD
    Former Employee - Business Development Specialist in Owings Mills, MD

    I worked at Euler Hermes ACI

    Pros

    Great work environment, nice office, ample parking, supportive coworkers. Many Opportunities to advance, outside of the Business Development/Marketing Department.

    Cons

    Promotion based on seniority/tenure. Resulting in an incompetent mid-level management staff. This is most apparent in the Business Development department managerial staff.

    Advice to ManagementAdvice

    Don't stifle employees with knowledge, skills, and capability to advance and excel in other areas of the company. Promotions must be based on capabilities, and performance, not on personal conjecture and tenure. Also, there should be more security when desicussing things within the chain of command- so employees are protected from repercussions from direct supervisors.

    Doesn't Recommend
  2.  

    Don't sell for this company

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

    I worked at Euler Hermes ACI full-time (more than 3 years)

    Pros

    Nice people, flexible work schedule, ok money

    Cons

    Micro managed to the enth degree with constant heavy handed pressure to close, close, close despite the costs.

    Advice to ManagementAdvice

    Better incentivize your sales people with less micro management from above.

    Doesn't Recommend
    Neutral Outlook
  3.  

    Professional sales environment with opportunities for growth & advancement .

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

    I have been working at Euler Hermes ACI

    Pros

    Great Team structure, opportunities throughout the world, professional & fun environment. Unique service offering that has not saturated the marketplace so unlimited potential for market penetration. Euler actually encourages you to take time off - first employer I've ever had to do that.

    Cons

    Majority non-sales related positions are only in Baltimore.

    Advice to ManagementAdvice

    Recent changes in past years have been a great improvement.

    Recommends
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  5.  

    Great Place to work if you lack morals and ethics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - New Business Agent
    Current Employee - New Business Agent

    I have been working at Euler Hermes ACI

    Pros

    Decent income for the first 2 years

    Cons

    Euler will sue you for any draw deficit when you leave. They put you in a tough position because the lack of coverage offered by Euler what will put you in a deficit. Poor management, poor product and you get sued when you leave.... not a great opportunity.

    Advice to ManagementAdvice

    Focus on providing value to your customer instead of taking advantage of them.

    Doesn't Recommend
  6.  

    Build your own business, little support but little micro-management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Agent
    Current Employee - Agent

    I have been working at Euler Hermes ACI

    Pros

    great benefits; heath, HSA, 401K pension
    work autonomously, not micro-managed
    VERY family friendly, great work/life balance
    ability to telecommute or work in an office (depending on location)
    true outside sales that includes the flexibility that comes with it

    Cons

    Terrible communication to the field
    Very little support from upper management
    Ramped comp plan makes it difficult to continue the same level of income the longer you are with the company
    100% draw keeps you a slave to the company - they will come after you if you leave with a deficit.
    DId I mention....NO support from upper management or the home office, you are on your own!
    Agents are treated like a commodity, this is not a sales focused organization

    Advice to ManagementAdvice

    Communicate better with field employees. More sales support from upper management. Sales is the backbone of a company...recognize it.

  7.  

    Cannot recommend working for this organization, compensation plan is horrible!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - New Business Agent
    Current Employee - New Business Agent

    I have been working at Euler Hermes ACI

    Pros

    Benfits are okay, 401k match is good. Health insurance used to be better know average yet 2010 the company made the most money ever?

    Cons

    The compensation plan is the worst I have ever worked with. Senior management do not they have an brain dead way of looking at it, in that they think it incentives people and makes them get out of bed in the morning. Yet after a while people become demoralized and cannot remain motivated. Over 90% of the people are behind in their drawer and the agents know that euler will sick the collection dogs on them! great incentive yeah right.

    Advice to ManagementAdvice

    Pull your head out of the sand. You are so far out of touch with the field it is amazing. You will have mass departures as soon as the job market changes although you have made it very obvious this doesn't concern you!! Pity you would not look at the cost to the organization of this constant turnover. 2nd in charge needs to retire he is the common ingredient as to why Euler doesn't capture more market share in the USA for the last 30 years. Like anywhere that water sits to long in one place it becomes stagnant and nothing can survive when watered with it.

    Doesn't Recommend
  8.  

    Good Benefits/work life balance, no micro-management, but poor communication and bad service make for a tough time...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - New Business Agent
    Former Employee - New Business Agent

    I worked at Euler Hermes ACI

    Pros

    Great benefits, great work life family balance, no micro-management. Perks were fun, such as trips for top performers and a 401k match that is generous. Quick underwriting turnaround times.

    Cons

    Poor underwriting support, poor management support to get things 'done'. Agents usually lose in competitive situations due to the inflexibility of Euler to 'match the deal'. Management does not properly recognize top performers, and yes, it is the only job I have ever had that the more I sold, the less I made...(still cant figure that out.) Agent comp plan has changed, but the marketplace is very competitive and if you are not a top performer here, you will sink fast with very little management support. My experience was many clients did not renew due to poor claims and underwriting support. This makes it tough to make a living each year as you lose as many as you gain.

    Advice to ManagementAdvice

    The sales force is why you have your jobs. Recognize this fact and your service will get better.

    Doesn't Recommend
  9.  

    Tough Job...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - New Business Agent
    Former Employee - New Business Agent

    I worked at Euler Hermes ACI

    Pros

    Great starting base and great medical benefits. Excellent place for someone with sales experience. Good training on product and process. Coworkers are willing to help out.

    Cons

    Very little support from management. Ramp up is too short on the compensation going from salary to draw. This job takes time to get going...approx 9 months to a year.

    Advice to ManagementAdvice

    More support for the New Business Agents.

    Doesn't Recommend

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