Euler Hermes Reviews

Updated April 2, 2015
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3.6
10 Reviews
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Euler Hermes Président du Directoire Wilfried Verstraete
Wilfried Verstraete
5 Ratings

Employee Reviews

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  1. Awesome Company, GREAT place to work !, great company culture, company is serious about your personal success

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

    I worked at Euler Hermes full-time (more than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Benefits ( above average) Helpful people, all kinds of opportunities for advancement and personal growth
    employee friendly culture., open door policy, very flexible time- off policies.

    Cons

    Understanding the product line, explaining complex policies to potential clients.

    Advice to Management

    Solid company core values,- No complaints

  2. Open for movement amongst business units

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Headquarters are in Paris, France and with office all over the world, employees are encourage to apply for jobs in other countries. Lateral movements and promotions into other business units are encouraged.
    Potlucks, pizza parties, semi-annual townhall meetings, annual ellaborate holiday party, volunteer opportunities, etc contributes to a great company culture.
    Overal friendly work environment.

    Cons

    Work/life balance could be better. No telecommuting in place.

  3. Underwriter

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Euler Hermes

    Pros

    The position offers a good experience. Majority of the people are great.

    Cons

    there isn't too many cons at the moment.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Truly Shocking Management Beware !!!! Think twice before accepting any sales roles.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in Birmingham, England (UK)
    Former Employee - Sales in Birmingham, England (UK)

    I worked at Euler Hermes

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

    Pros

    Good people in the main. Training pretty good. Office environments Ok .
    Products fundamentally very good with reasonably good underwriting .

    Cons

    I worked in sales , management were truly shocking mostly being failed ex sales people with no people skills , this was certainly true of the midlands , not sure about other regions. Commercial management were uncommunicative , made knee -jerk reaction decisions and sometimes would make announcements to the whole company then retract them .The weekly reports were in 3 different formats to three different people, but all showing the same info . You needed at least one day a week just to complete management info. When I worked there my nearest territory was 2 hours away , with the furthest being 5 hours away , so driving at least 5,000 miles a month. I can honestly say it was the most disorganized company I have ever worked for. Although I don't regret working there it made me very appreciative of what I do now. Very high turnover of staff in the sales roles which says it all. Salary's are not particularly good and are below market average. Commission ok but on a sliding scale so hits you hard if you have a bad month.

    Advice to Management

    Company could be really good , sort out the management team , from the lower echelons upwards as that is where the real problems lie. Sort out all the ridiculous reporting and the illogical salesforce based application.
    Be consistent in all that you do, too much bureaucracy to get anything done.

  6. senior credit analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Euler Hermes

    Pros

    nice work-life balance, renewing company

    Cons

    slow pace of advance, low salary

  7. Great experience.

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

    I worked at Euler Hermes full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Helpful management interested in developing junior employees.

    Cons

    It is a Smaller office but good location

  8. Great place to work

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

    I have been working at Euler Hermes full-time (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Autonomy-Free to make your own schedule
    Benefits-Health, Vision, Dental, 401K
    Time-off-3 weeks PTO. Use it or lose it policy
    Flexibility-Ability to use your PTO as needed
    CEO-Hands on and approachable
    Support Staff-Always there for you whenever/wherever needed

    Cons

    Not a lot training-Feast or famine
    Pay-Commission opportunity is ok, but salary is below average for industry
    Middle Management-Abraisive
    Huge gap between senior employees and new employees-There are people with 15 yrs+ experience, but then there are associates with less than 12 months. Not a lot in between

    Advice to Management

    Could do more to nurture and cultivate employees success.

  9. Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Euler Hermes

    Approves of CEO
    Approves of CEO

    Pros

    Work-life balance, opportunity to learn & develop.

    Cons

    Renumeration seems to be lower than what is offered by other employers in the market.

  10. Satisfactory, but could have been much better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Mumbai (India)
    Current Employee - Anonymous Employee in Mumbai (India)

    I have been working at Euler Hermes

    No opinion of CEO
    No opinion of CEO

    Pros

    Get an opportunity to get exposed to global scenarios in the business we are into. Part of a global leader

    Cons

    Completely bureaucratic and only process driven. Needs to develop local strategies to achieve success in market share in every country

    Advice to Management

    Provide flexibilities to take decisions locally and decentralise strategies. Develop local strategies to achieve success in market share in every country

  11. Cannot recommend to work for this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Euler Hermes

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Salary pays my bills - great hours and great work/life balance and a few nice people to work with.

    Cons

    Very little support from upper management - They do not think outside the box, there is favouritism towards the staff - Too much politics, poor training and lack of communication.

    They make you feel you do not have the skills & knowledge to work there and in that they think it incentives people to get out of the bed in the morning.

    The company is cheap. They don't want to pay for the quality employees bring to the table. They want to give you as little as possible and make you beg to be paid what they should be paying you.

    Advice to Management

    Get a management training and focus on what bring the business to the company: valued employees. They also need to change the culture in the company.
    You get what you pay for. If you don't pay your most productive and innovative employees what they are worth they will leave you.

Euler Hermes Photos

Euler Hermes (Photo thanks to Flickr user Michael Scheinost, Some Rights Reserved)
Hermes Gebaeude Hamburg Germany (Photo thanks to Wikipedia user San Andreas, Some Rights Reserved)

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