Tower Group (New York)

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Tower Group (New York) Reviews

Updated January 31, 2015
Updated January 31, 2015
51 Reviews
2.6
51 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
William W. Fox, Jr.
3 Ratings

Review Highlights

Pros
  • Nice office, Pleasant coworkers pretty good salary and benefits (in 4 reviews)

  • Growing company; salary fair; great location (in 3 reviews)


Cons
  • He's incapable of running a coherent meeting, inspiring anyone or even thanking the people who have made him rich (in 2 reviews)

  • Upper management more interested in their quarterly EPS rather than caring for their employees work-life balance (in 2 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    The employees tend to stay in the company for many years.

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

    I worked at Tower Group (New York) full-time (more than a year)

    Pros

    It was a stable growing company. The employees were very nice,

    Cons

    Management tend to hire their buddies for executives positions.

    Advice to ManagementAdvice

    Friends are not always the best workers there. Open your eyes.

    Neutral Outlook
    No opinion of CEO
  2.  

    Great company and great people to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriter Trainee in Irvine, CA
    Former Employee - Underwriter Trainee in Irvine, CA

    I worked at Tower Group (New York) full-time (less than a year)

    Pros

    Friendly people, great compensation and benefits

    Cons

    Job security can be volatile

    Recommends
    Negative Outlook
  3.  

    I learned alot at Tower

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

    I worked at Tower Group (New York)

    Pros

    Their encouragement of employee education helped me alot

    Cons

    Company's difficulties which lead to my lay off is my only Con

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great Company Culture!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Marketing Intern in Atlanta, GA
    Former Intern - Marketing Intern in Atlanta, GA

    I worked at Tower Group (New York) as an intern (less than a year)

    Pros

    The team was very supportive, friendly, and easy-going! Work hours were flexible, and my manager welcomed new ideas and supported my career growth. I developed some of my strongest professional relationships at Tower Group.

    Cons

    No benefits for interns. Sadly, the company was acquired after I left and most of the team has moved to new roles since.

    Recommends
    No opinion of CEO
  6.  

    Dead on arrival

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

    I worked at Tower Group (New York) full-time

    Pros

    No longer exists but salary was good while it lasted

    Cons

    No longer exists; Amtrust is worse!

    Advice to ManagementAdvice

    Clean house in middle and upper managment

  7.  

    Challenging

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

    I worked at Tower Group (New York) as a contractor (more than a year)

    Pros

    The individuals I worked with were very helpful and mentors

    Cons

    Work life balance is non exsistent

    Advice to ManagementAdvice

    Work on the work life balance aspet

    Recommends
    Neutral Outlook
  8.  

    No direction at all and soon to disappear from the insurance industry.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Support Desk in Jersey City, NJ
    Current Employee - IT Support Desk in Jersey City, NJ

    I have been working at Tower Group (New York) full-time (more than a year)

    Pros

    None. This is no workplace, this is prison! Think about it before taking any job here.

    Cons

    All. Pay, job itself, nepotism, negativity, high stress, age and color discrimination, supervisors steal office items and blame it to the employees (current lawsuit in the NJ office against 2 supervisors)

    Advice to ManagementAdvice

    Stop hiring any simple and incompetent clown for supervisors or manager position. Don't you understand that you need well qualified individuals to run a department and manage employees? You looked for failure and you are getting it in big letter FAILURE! Do yourselves a big favor when the merge is over and change your name completely. You are cursed for failure!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Poor systems and ineffective upper management

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Tower Group (New York)

    Pros

    middle management good and very good experienced claims employees. Pay raises froze and no raise in year & one half. Need to improve benefits, just a meager 401K. Moot issue as company merged now

    Cons

    Benefits poor. No bonus or profit sharing and salaries below average

    Advice to ManagementAdvice

    Support your employees especially during transition to ACP Re

  10.  

    It was a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Tower Group (New York) full-time (more than a year)

    Pros

    Fast paced and fun. Decent working conditions.

    Cons

    Resources were, at times, limited.

    Advice to ManagementAdvice

    Know where the money is going!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Worst working experience in my career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Tower Group (New York) full-time (more than 5 years)

    Pros

    Was able to meet some quality people who were smart and hardworking.

    Cons

    Internal politics. Upper management more interested in their quarterly EPS rather than caring for their employees work-life balance. Lack of accountability and support from upper management. Upper management is great at the blame game.

    Advice to ManagementAdvice

    Total lack of leadership from upper management. Lack of sound fundamental business model. Terrible terrible execution of its organic and acquired businesses As a result, company is in a spiral slow demise.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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