Risk Management Solutions Reviews

Updated July 15, 2015
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212 Employee Reviews

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  1. Helpful (21)

    Bad Place to Work - Big Boys Club

    • 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 (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    It was OK company to worked for, but then it got real bad.

    Cons

    Very BAD political between IT and Cloud. Contribution wont get considered unless you are connected with big boss. People can get 2 or 3 promotions within 6 months, from Sr technical Architects to Sr Directors. Never seen this happens before in my entire 15 years career.

    Advice to Management

    It's Time to STOP Playing Favorites!


  2. Helpful (7)

    It's like a startup that pays market rates. Fast moving, hard problems, tolerable politics.

    • 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 (More than a year)

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

    Pros

    The company has been trying to move their core business--catastrophe modeling for the insurance industry--to the cloud since 2012. The project rebooted in 2014 and saw the departure of several top execs (CTO, CFO, among others). There is some new technical leadership that joined in December and, while it's still too early to tell for sure, the 2015 plan looks achievable. Also, the switch from a .NET-based stack to a Java-based stack opened up the software group to quite a few new technologies and open source. Running cat models in the cloud is HARD. There is some serious big data here; it's not for the faint of heart. We're talking petabytes of data to manage. As someone who likes a challenge this is a lot of fun. It feels like a startup. The office is right off the Dumbarton bridge so it's a quick drive from Palo Alto / Menlo Park and you're going opposite traffic.

    Cons

    Because of the tech reboot, there is a lot of chaos. Software teams can be pulled in many directions. It's hard to keep up with, but it seems like things have stabilized a lot since December. There is some tension between the modeling group and the software group.

    Advice to Management

    Keep up the transparency. Fix the schism between software and modeling. Cat models are going to be commoditized in 5-10 years so the company needs to win on the platform. We're all on the same team here.


  3. Helpful (19)

    Used to be a great place to work

    • 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

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

    Pros

    World-class personnel, above-average pay, decent benefits, nice perks like free food/ snacks.

    Cons

    This was a great company until it embarked on the great cloud platform adventure in 2012. The company hired a lot of senior people, and the CEO was convinced that clients would jump to the new product quickly and pay multiples for it. Despite numerous indicators that the software was not on track, the executive team plowed ahead to the inevitable crash in spring of 2014. After reevaluating, the company had to start over with the software, and in the process go through layoffs. Most of the good senior people have now left (COO, CFO, etc.), and only those hired in the last few years are trying to politically stake their claim. The company has lost its focus on the science and clients as it pursues the platform technology unicorn. It's sad how good this place used to be and what a shell of itself its turning into.

    Advice to Management

    Clean house at the top. Find people that are more client/ model focused. Hire a COO!


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  5. Helpful (18)

    Company declining due to mismanagement

    • 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

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

    Pros

    Unique predictive modeling solutions provides many potential opportunities to work on challenging projects.

    Cons

    Company grew to larger and bureaucratic. Style became more important than substance and management quality has declined.

    Advice to Management

    Upper management needs to take responsibility for mistakes rather than continuing to find scapegoats to take the fall for poor performance


  6. Helpful (1)

    Good people. Good place.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Supervisor and Trainer in Tucson, AZ
    Former Employee - Supervisor and Trainer in Tucson, AZ

    I worked at Risk Management Solutions

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Benefits. Salaries. Good managers. Good atpromotions

    Cons

    Very strict. Too much work on 1 person. Some managers there have no respect for the employees

    Advice to Management

    Chill out a little bit. Stop making people skip planned vacations. Put in a bonus incentive. Stop putting the company's success on 1 person's shoulders


  7. Helpful (9)

    Too little too late

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Risk Management Solutions full-time

    Pros

    Things have been improving but could be little (or way) too late

    Cons

    - Not the smartest talent. - Too much internal politics - Higher management doesn't know how to keep employees motivated - Managers didn't know how to handle their subordinates

    Advice to Management

    Heading in the right direction but try to keep employees motivated other it could be a disaster.


  8. Helpful (3)

    Think outside the box!

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

    I have been working at Risk Management Solutions

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Work is dynamic, challenging and very satisfying, Self-improvement in the field is encouraged, In constant contact with other organizations in the field, Very talented, intelligent co-workers, Balanced level of independence, Great work-life balance, Salary is competitive as compared to other companies in this field, Nice campus with gym, game center and cafeteria, Great culture and people in Newark office.

    Cons

    Benefits are OK, Compensation is low, Cafeteria provides relatively expensive meals, no more discounts and the quality decreased (not competitive with surrounding companies), Fast pace work environment (can be very stressful from time to time).


  9. Helpful (5)

    Not great place to work at, but ok.

    • 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 (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Projects were exciting to work on, the people are incredibly talented.

    Cons

    Little opportunity to advance as paths for advancement were always changing, poor work-life balance.

    Advice to Management

    Be more realistic about being able to produce functionality within estimated timeframe.


  10. Helpful (14)

    Great concept but less than ethical

    • 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

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Very innovative and recognized as a thought leader, good sales and the leading company in its field. Great place to learn and leave, Good on your CV

    Cons

    Very arrogant, not totally transparent with staff, creativity limited to leadership, misleads clients, not open minded and is too self absorbed to see what they do wrong,

    Advice to Management

    Get rid of the old boy network and focus on your clients.


  11. Helpful (2)

    Fast Paced Environment

    • 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    The company is very dedicated to getting products built that provide value to customers. They are open to new ideas and are working to correct course whenever needed. This can look like disorganization, but I feel they are making the right moves for the company. I see a lot of improvement.

    Cons

    Communication is being improved and new technical management is dedicated to making that happen.



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