OneBeacon

www.onebeacon.com

OneBeacon Reviews

Updated December 6, 2014
Updated December 6, 2014
24 Reviews
2.5
24 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
OneBeacon President, CEO, and Director Mike Miller
Mike Miller
11 Ratings

Employee Reviews

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  1.  

    OneBeacon has been a great place to work.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OneBeacon

    Pros

    OneBeacon has been a great place to work. I’ve always felt both challenged and supported. I will be starting a position with a new company at the end of this month but will take all that I’ve learned and the relationships I’ve made with me.

    Cons

    The company had been in transition for a number of years but that is mostly in the past at this point.

    Recommends
    Approves of CEO
  2.  

    Claims Adjuster

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Adjuster in Woodbury, NJ
    Former Employee - Claims Adjuster in Woodbury, NJ

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

    Pros

    Everybody knew what they were doing and were highly competent. I received a lot of useful experience. Managers were highly skilled and mostly supportive.

    Cons

    High stress, rigid, sometimes awkward environment. They used a lot of temps because the claims department was never adequately staffed. Lots of turnover and management would cut to keep the department bare bones. I once received over 10 slip/fall cases on a single day during winter season when we had a lot of snow/ice cases. Management was aware of the backlog and that we couldn't evaluate the rest of our cases properly, but the management reviews in the files and audits did not reflect the situation we were in as they still wanted 100% compliance even though that would have meant we'd have to stay late every day. I'm not one to complain, because any examiner knows that there are peaks and valleys in claims handling, but there was never a "slow period" at this company to catch up on because the department was never staffed enough and they'd simply let the temps go when they weren't needed. A claims job for a general liability company that requires thorough contact and policy analysis can't work if the examiner is always backed up and has to cringe every time the phone rings when someone wants to know the status of their cases and you can't simply tell claimants and insureds that I didn't get to their claim yet because "I'm busy."

    Advice to ManagementAdvice

    They cut my line about 6 mos after I left the company so who cares.

    Doesn't Recommend
    Negative Outlook
  3.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in Canton, MA
    Former Employee - Administrative Assistant in Canton, MA

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

    Pros

    Nice managers, pay and benefits

    Cons

    Location on 93 mad the commute pretty rough

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    great experience - sad to be in runoff

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claim in Canton, MA
    Current Employee - Claim in Canton, MA

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

    Pros

    Talented co-workers and supportive management

    Cons

    No ability to transfer into the ongoing company

    Advice to ManagementAdvice

    More honest communication

    Recommends
    Neutral Outlook
    Disapproves of CEO
  6.  

    Try not to let a handful of people ruin your workplace.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Canton, MA
    Former Employee - Anonymous Employee in Canton, MA

    I worked at OneBeacon

    Pros

    If you take the time to negotiate, OneBeacon can provide great pay. A few years ago they moved to nice new building in Canton, MA. It is a good company overall.

    Cons

    The Legal Dept. was a little tough to work in - there was alot of turnover. The managing attorneys talked down to and negatively about employees out in the open.

    Advice to ManagementAdvice

    You have a great payscale, great building, now if only upper management, (specifically attorneys) were more professional and less gossipy.

    Recommends
    No opinion of CEO
  7.  

    Massive bureaucracy, little work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Consultant in Canton, MA
    Former Employee - Technical Consultant in Canton, MA

    I worked at OneBeacon as a contractor (less than a year)

    Pros

    Long deadlines, light work load, old code base. Not technologically demanding. Easy hours (bankers).

    Cons

    Basic wall cube farm, very little oversight, work can get boring. Office culture is that of any typical large insurance company. Hard to get any new work done, or change any existing systems. They are still using dBase, FoxPro, and SQL2000. Um, it's 2014, might be time to upgrade. Product team seems to be moving in 100 directions at once, which has the effect of leading the developers down a trail and then having to change course in the middle.

    Advice to ManagementAdvice

    Massive infrastructure and code upgrades needed. Talent is stale and there is massive technical debt as more complex projects are applied to the obsolete codebase. Root out and destroy the bureaucratic management and product team which is severely impacting quality of work.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    OB is OK

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in Canton, MA
    Former Employee - Financial Analyst in Canton, MA

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

    Pros

    The finance department has some pleasant people to work with. Management appears to care about helping you develop professionally and be healthy.

    Cons

    The company was going through a lot of changes when I worked there. The pay is low and since they went public they were doing everything possible to bring down their expense ratio, aka laying off a lot of people and taking away a lot of employee benefits. The finance department doesn't have much room for growth. It also had a very political feel to it.

    Recommends
  9.  

    Decent place, too mired in old-school practices.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Network Support Engineer in Melville, NY
    Former Employee - Network Support Engineer in Melville, NY

    I worked at OneBeacon

    Pros

    Great benefits package. Salary competitive.

    Cons

    Somewhat top-heavy. More managers than workers.

    Advice to ManagementAdvice

    Adapt faster with the industry.

    Doesn't Recommend
  10. 2 people found this helpful  

    It has been good as long as you can deal with constant change

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

    I have been working at OneBeacon

    Pros

    Good compensation as long as you are eligible for incentive compensation

    Cons

    Employees live with perpetual fear of layoffs

    Doesn't Recommend
    Disapproves of CEO
  11. 1 person found this helpful  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Philadelphia, PA
    Former Employee - Anonymous Employee in Philadelphia, PA

    I worked at OneBeacon

    Pros

    Good place to work at.

    Cons

    Not enough opportunity to advance.

    Advice to ManagementAdvice

    No

    No opinion of CEO

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