Risk Management Solutions

  www.rms.com
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Risk Management Solutions Reviews

Updated August 21, 2014
Updated August 21, 2014
155 Reviews

3.2
155 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Risk Management Solutions President Hemant Shah
Hemant Shah
110 Ratings

Review Highlights

Pros
  • Good work life balance,ample growth opportunity if you are a self learner (in 15 reviews)

  • meritocratic organisation - smart people do well (in 11 reviews)


Cons
  • Catastrophe modeling is a smaller industry so over-specialization may be an issue (in 3 reviews)

  • Communication between the different groups/departments is poor (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 8 people found this helpful  

    It doesn't get any better

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

    Pros

    This company is now reaping in the rewards of hiring "I'm looking for new opportunities"... sorry, I forgot his real name. After 5 years of developing RMS(one) it is time now to !deliver. And see what a significant piece of technology has been produced. Stable, scalable, fast, .... I'm running out of words here.... the benefits of visionary leadership become apparent now. Stunning.... Let's all listen in to the DMGT investor conference on Sept. 18th. I'm expecting a celebration of some sort.

    Cons

    I don't see any cons. It's as if they don't exist. Who ever sees them is just not leading from the front. I have only one word for the leadership: Please continue on your path! And !deliver. I hope I got that right.

    Advice to ManagementAdvice

    None. They are all doing a great job.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    special in bay area

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

    Pros

    flexible
    exciting sometimes
    a lot of smart people

    Cons

    need better designer to improve the performance

    Advice to ManagementAdvice

    discuss more and test more

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 6 people found this helpful  

    SDET

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Development Engineer In Test  in  Newark, CA
    Current Employee - Software Development Engineer In Test in Newark, CA

    Pros

    good colleague reationship, good work-life balance

    Cons

    bad salary, they are laying off, no transparnecy

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 5 people found this helpful  

    Disappointed

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

    Pros

    Nice little things like free lunch once a week, volunteer days when everyone goes to help out somewhere, ping pong tables, swag like decent backpacks.

    Cons

    Communication failures, leading to delivery failures, followed by poor reorganizations, followed by layoffs and a failure to learn and grow, repeating the cycle.

    Advice to ManagementAdvice

    Hold to the vision!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 5 people found this helpful  

    Learned about insurance industry, but glad I didn't stay there longer than 1 year.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    My immediate supervisor was good.

    Cons

    No women in upper management, some slimy guys in upper managment

  7. 1 person found this helpful  

    Change is not easy, but it is necessary

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

    Pros

    Small company feel. But it is a large company.
    Personal growth opportunity
    Free food Thursdays :)

    Cons

    Company is going through growing pains from medium size company to large company.
    Company still getting a grip on how things should be structured internally.

    Advice to ManagementAdvice

    Keep the open communication coming. This is a good thing.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 11 people found this helpful  

    Lack of Accountability from Senior Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Analyst  in  Hoboken, NJ
    Current Employee - Risk Analyst in Hoboken, NJ

    Pros

    Lots of learning to be had for someone who would like experience in the Insurance/Reinsurance Cat Modeling Business

    Cons

    Large iniative to roll out new flagship product RMS One, bombed in Apri 2014. Since then, the CEO has repeatedly said that he is ultimately responsible numerous times. Meanwhile, he has begun major layoffs. I witnessed, just today, at least 10 people in my off be walked out. The company can afford to pay for lunch every Wednesday, keep a fully stocked free snack bar, pay in for a company perks plan and the other numerous programs that wasteful spending is done on, and they can't afford to pay employees? They knew this was a problem in April, and yet continued to hire more people; including paid graduate interns. This company has proven its just like every other company. For all the lip service about valuing employees, at the end of the day, employees don't matter at all.

    Advice to ManagementAdvice

    Buck up and take responsibility for your mistakes. Hemant Shah should step down or be terminated for his complete and utter failure as a leader.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    internship

    Current Employee - Intern  in  Newark, CA
    Current Employee - Intern in Newark, CA

    Pros

    smart people, interesting work, room to learn, good work-life balance (flexibility), great compensation for an internship

    Cons

    interdepartmental communication is poor, sometimes intradepartmental communication can be frustrating with teams spread out across continents and with different priorities in different locations

    Advice to ManagementAdvice

    Communication and coherency between and within groups is important. It stresses everyone out and hurts productivity to have groups split focus (ex. product management is essentially two groups, one focusing on product development and the other on client-facing practices). It sounds like the company reorganizes a lot.

  10. 12 people found this helpful  

    Company is loosing it's edge and only have themselves to blame

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

    Pros

    There are lot of smart people here to work with. Plenty to learn - catastrophe modeling, insurance domain, cutting edge technologies. Competitive salaries and benefits.

    Cons

    Too much politics. The company does not value it's people or their contribution towards the company. The entire company worked really really hard to deliver their flagship product on the cloud and now they have changed their mind. This has caused lot of frustration in the people and the whole thing is handled so bad there was not even a communication from upper management as to why the product cannot go live. It may as well be just a big political move who knows. Now they are starting from scratch and who knows if this new thing that they are building will see the light of day or not.

    Advice to ManagementAdvice

    Stop the reorgs - that's not your problem. Changing the hierarchy or the people will not solve the problem here. What you need to do is stop the atrocious politics going on in the company. You have lost enough good people and you cannot afford to loose more. Stay focused on what you want to do and take another look at RMS(one) that you have in your backyard before going to build a new one - it has lot of potential.

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

    Poor C-level leadership besides CFO

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Manager  in  Newark, CA
    Former Employee - Operations Manager in Newark, CA

    Pros

    It was fun till operations started hiring to support new cloud initiative.

    Cons

    Product in the cloud will not work, poor choice in the future. Too much data, security issues and stability will be a problem for RMS one to work.

    Advice to ManagementAdvice

    Retire and ride off into the sunset.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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