Lexington Insurance

  www.lexingtoninsurance.com
  www.lexingtoninsurance.com

Lexington Insurance Reviews

Updated November 5, 2014
Updated November 5, 2014
6 Reviews
3.8
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Peter J. Eastwood
3 Ratings

Employee Reviews

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  1.  

    Internship - Catastrophe Modeling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Catastrophe Modeling in Boston, MA
    Former Employee - Catastrophe Modeling in Boston, MA

    I worked at Lexington Insurance as an intern (less than an year)

    Pros

    Great group of people who care about the inters. I worked there after my freshman year in college and it was a great experience because they actually had the interns do meaningful work which made days go by faster and gave me some marketable skills.

    Cons

    Hard to say that there was much bad about the internship, only thing that really got me was that it was cyclical so at the end of the month there would be a lot of work and tight deadlines, but during the middle there may be nothing to do.

  2.  

    It all depends on your group, more decentralized than most large companies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriting Specialist in Boston, MA
    Former Employee - Underwriting Specialist in Boston, MA

    I worked at Lexington Insurance full-time (more than 3 years)

    Pros

    Solid pay, awesome benefits, Lexington is very well respected in the industry, many talented coworkers, opportunities to transfer and be promoted.

    Cons

    Lexington really comes down to your group as it is more decentralized than most large companies. Some teams are awesome and others are terrible. The compnay functions more like a bunch of separate divisions with their own culture rather than one unified company. No, or very little interaction with other divisions. While their are still many talented people here, the companies continues to bleed talent.

    Advice to ManagementAdvice

    Increase interaction between divisions and create a culture that brings divisions together.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Stay away from Lexington Insurance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Underwriter Assistant in Boston, MA
    Current Employee - Underwriter Assistant in Boston, MA

    I have been working at Lexington Insurance

    Pros

    It is a very flexible place to work. It is a very laid back environment, just as long as you get your work done. They will pay for insurance classes.

    Cons

    Promotions are rare and you really only get promoted if you suck up to the manager and go out partying with them. They do not help pay for a masters program. They do not pay for overtime and the bonuses are limited and are very small. People only care about themselves.

    Advice to ManagementAdvice

    They need to do a better job of promoting people who work hard and take classes. They should look for the best workers to promote and not to bring so many people from the outside into the company when there are already qualified individuals for the job.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Great experience if you have the energy to make the most of it on your own

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Underwriter in Boston, MA
    Current Employee - Underwriter in Boston, MA

    I have been working at Lexington Insurance

    Pros

    Excellent industry experience by nature of the sheer volume of business written

    Cons

    Insular network within management team - only those in the "inner circle" are rewarded with promotions

    Advice to ManagementAdvice

    Pay close attention to all employees

    Recommends
    No opinion of CEO
  6.  

    Lexington Insurance encourages teamwork, entrepreneurship, and knowlege sharing to help the company grow and prosper.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Operations Manager in Boston, MA
    Current Employee - Operations Manager in Boston, MA

    I have been working at Lexington Insurance

    Pros

    Lexington is a part of a large organization - AIG - but it maintains a spirit of entrepreneurship throughout the company. People are encouraged to take chances and stretch to achieve. There are many professionals working at Lexington who have been with the company many years, so the knowledge base is strong and everyone I have worked with is very willing to share their knowledge. As you advance in the organization, there are many opportunities to try new things and add responsibilities. In addition, the company is located in downtown Boston and is easily accessible by the commuter rail or T.

    Cons

    Being an insurance company with tight margins, pay is not as high as with some other industries. Additionally, a lot is expected of workers. If you are looking for a company that rewards mediocrity, this is not the place to come. In order to achieve, you need to work hard, put in long hours, be a team player, and demonstrate your skills. As with any company, what you get out of your work is in large part a reflection of what you put in. If you are bored with your role within the company, do something to initiate change. Change won't always come knocking on your door.

    Advice to ManagementAdvice

    The biggest piece of advice I would give is to keep communicating with the organization even after the dust settles on the current turmoil. Senior Management has spent a lot of time with employees, customers, brokers, and everyone who interacts within and outside the organization.

    Recommends
    Approves of CEO
  7.  

    Lex jobs

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

    I have been working at Lexington Insurance

    Pros

    Good career opportunities for employees

    Cons

    Training is limited for employees

    Recommends
    Approves of CEO

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