Everest Reinsurance Reviews

Pros

Nice place to work
Stable company, not hire and fire type company. they have many employees working for 30-35 years.
they have good balance sheet
Not much work pressure, everyone leaves at 4.
Overall ok place to work

Cons

Little bit conservative people,
very discplined, not much partying type environment.
Not very flexible in timing.
No work from home option
Salaries are average.

Advice to Senior Management

Management should encourage new people and newer ideas. should be bit flexible in timing and should provide work from home option.

Pros

- Good HR personel
-Great Benefits
-Financially fit

Cons

-Very flat organization, no room to move up

Advice to Senior Management

-Management training

Pros

Nice facility, well equiped and organized. Decent pay and benefits. High quality, knkowledgabe staff.

Cons

Poor management. Department/Division heads with little or no people skills. Emphasis is on form over substance. Volume of work is prized over quality of work. High level claims professionals spend a great deal of their day inputting redundant notes into an antiquated computer system. The mangers regurgitate information obtained from the TPA's notes into the company system. As long as the note is input timely, the content is of little importance. Creativity and competincy are not rewarded, timely input is. Everest recently took advantage of the "poor ecomony" (while posting very respectable profits) to downsize its staff and increase the workload on the already very busy staff that remained.

Advice to Senior Management

Since you hire and pay for highly knowledgable claims professionals, you might want to let them spend their time trying to save money on the claims and work on creative solutions, rather than input data.

Pros

Good Benefits, Generally nice people, decent pay

Cons

Narrow minded HR dept as well as dictator like "micro managing" VP's. In bad times, they have shown a complete disregard for hard working employees. This past Feb they laid off approximately 10% of the workforce completely by surprise. No warning, just a quick "see you" and escorted out of the building. Then, a week later, they dole out promotions to a large group of people and promote the "fireing" Vp to Senior VP. No class.

Advice to Senior Management

Clean up your act and get off employee's back. Do not award good performance by unneeded layoffs.

Pros

The paid time off and salary/bounses are excellent.

Cons

Each and every day upper level management goes out of their way to micromanage and nitpick every detail of your day. There are 3 layers of mangement over every technician and the vie with each other to "out micro-manage" each other. No detail is so small or inconsequential as to not be dissected by them with an eye towards personally attacking the technical staf..
This is the worst company I've ever worked for.

Advice to Senior Management

Fire the current management staff in your claims department and stop hiring Reinsurance people to manage front line casualty staff. They simply do not know what they are doing and are afraid of making decisions.