Risk Management Solutions Reviews

Updated July 2, 2015
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2.6
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Risk Management Solutions President Hemant Shah
Hemant Shah
142 Ratings

Pros
  • good colleague reationship, good work-life balance (in 20 reviews)

  • meritocratic organisation - smart people do well (in 13 reviews)

Cons
  • Large iniative to roll out new flagship product RMS One, bombed in Apri 2014 (in 9 reviews)

  • Should invest more heavily in product and model development to exceed client expectations (in 5 reviews)

More Pros and Cons

209 Employee Reviews

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  1. Featured Review

    Helpful (2)

    RMS has provided me the opportunity to constantly challenge myself and grow as a professional.

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

    I have been working at Risk Management Solutions full-time (More than 3 years)

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

    Pros

    Great amenities: lots of free food, nice campus, classes, gym, nice people overall, great culture,

    Cons

    Company has been in business for 25 years, but has the feel of a start-up that could be great and not so great at the same time.

    Advice to Management

    Set the example.


  2. Helpful (8)

    Wait and See

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

    I have been working at Risk Management Solutions full-time

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

    Pros

    The individual workers at RMS as awesome. The best people around.

    Cons

    The Leadership runs around in circles and changes players so frequently that you never really know who's in charge or what the game plan is.

    Advice to Management

    Get it together.


  3. Helpful (8)

    Company gone wrong

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

    I have been working at Risk Management Solutions full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Salaries are very competitive. Good place to start out of college to gain some experience.

    Cons

    Company took a risk and failed. They are trying again, but in order not to fall on their face again, the company management avoids defining what is the new goal and timeline. Without that definition they will not fail, but success is almost impossible.


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


  5. Helpful (11)

    Fascinating business, lots of politics and infighting

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

    I worked at Risk Management Solutions

    Pros

    An honest focus on internal training, and teaching employees about the insurance business.

    Cons

    Lots of infighting, lots of politics.


  6. Helpful (10)

    What a vision!

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

    I worked at Risk Management Solutions full-time

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

    Pros

    Just came back from RMS' Exceedance client conference. What can I say? It's amazing to see the vision of RMS -- these are the smartest guys in the cat modeling business, and they sure know how to show it. We were all impressed by the promises of having HD models and the RMS(one) platform coming out this year. Back on track, baby! And this time it is for real, just look at all the great slides we were able to admire. There is just an abundance of honesty coming from the expanded RMS leadership team that everybody in the room felt.

    Cons

    None really. These were the last re-orgs in the company I'm sure, and now it's off to a great future. Next client conference I would like to have real champagne though - stop the cheap wine and beer.

    Advice to Management

    Things are moving in the right direction. Continue to bring in world class outside talent to the company - that's great thinking outside the box. The more you start over, the better for the new products.


  7. Helpful (2)

    Dying a slow, painful death

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

    I have been working at Risk Management Solutions full-time (More than 5 years)

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

    Pros

    Intelligent colleagues with passion and understanding of the unique business we're in. Compensation, benefits, great work/life balance in most areas.

    Cons

    There is a SVP poison oozing down into the ranks and its causing a slow, agonizing death of the employees and the company as a whole. What once was a very harmonious, collaborative environment has become a game of survival and the most poisonous wins. Self-grandeur among the SVPs who praise and applaud the same in their teams is spreading among VPs and the like. Their venom is creeping into the company's veins and it's only a matter of time before the entire organization has been infected.

    Advice to Management

    Get rid of the poison, inject the anti-venom and hope it's done in time to save the good people who are left. Advice to the VPs, you think you're immune but the truth is, you're already poisoned. You've changed without knowing it and you're responsible for spreading the poison further into the organization. There's about to be a mass exodus of the great people who keep this company's high standards, uniqueness, and client satisfaction as top priority over self-grandeur. You'll doom the company if you allow them to leave.


  8. Helpful (10)

    Dysfunctional Organization

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

    I have been working at Risk Management Solutions

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Compensation and benefits are competitive

    Cons

    Outsourcing to avoid ability to be blamed for failure
    Departments practice a buddy system
    Actions are inconsistent with corporate culture
    Too many managers, too many conflict of interest
    Poor overall management notably in problem comprehension and planning

    Advice to Management

    Take time to plan thoroughly. Make decisions based on facts and consistent with the corporate culture. Value your employees, don't make them feel they are easily replicable and utilize them for your advantage. Rather than replacing them and suffer through a learning curve, communicate your point of view and <work together> to achieve a common goal.


  9. Helpful (1)

    Good company to work for.

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

    I have been working at Risk Management Solutions

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

    Pros

    Good growth opportunity and decent pay master.

    Cons

    Need to have a better premises.


  10. Helpful (8)

    Qulaity engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quality Engineer in Fremont, CA
    Current Employee - Quality Engineer in Fremont, CA

    I have been working at Risk Management Solutions (More than a year)

    Positive Outlook
    Positive Outlook

    Pros

    Transitioned from Waterfall to agile, Work Life balance is consistent

    Cons

    Its a flat structure and few of the Management people are new hence there are no old employees in the company who actually know the core product


  11. Helpful (16)

    Not a bad place to work, but not recommended for the ambitious

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

    I have been working at Risk Management Solutions full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Compensation is decent overall and on par with market standards
    Offices are nice and clean
    Smart people
    Good place for those that do not wish to work very hard but rather climb the corporate ladder.

    Cons

    People care more about their ego and how they look than getting the best results. This results in the blame game, power hungry middle managers and a lack of learning opportunities. Expect to work only on what is in your job description. It's difficult to take initiative because of all the bureaucracy.

    Advice to Management

    Look deeply at who you've chosen as your leaders. There are many areascof the company where poor leaders are squandering really smart people and limiting their productivity and learning opportunities. The company would benefit from training all the leaders on creating a culture that motivates people.



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