W. R. Berkley Reviews

Updated July 19, 2014
Updated July 19, 2014
19 Reviews

2.5
19 Reviews
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Recommend to a friend
Approve of CEO
W. R. Berkley CEO and Chairman William R. Berkley
William R. Berkley
12 Ratings

Employee Reviews

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  1.  

    good company

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

    I have been working at W. R. Berkley full-time

    Pros

    good benefit package, easy-going colleagues

    Cons

    limited vacation time, need a long tenure to have 15 days

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    AVP, UNDERWRITER

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

    I have been working at W. R. Berkley full-time for more than 3 years

    Pros

    The company is Growth focused and has above average compensation... Good work environment overall and each specialty company

    Cons

    Overwhelming work load with a lack of commitment from unit president to get additional resources... Different tele commute policy for each employee

    Recommends
    Positive Outlook
  3. 1 person found this helpful  

    lacking

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

    I have been working at W. R. Berkley full-time for more than 8 years

    Pros

    health insurance and dental insurance are about the only perks that comes to mind

    Cons

    antiquated computer system. cheap equipment. dilapidated office space. poor employee morale. too many chiefs; not enough Indians. too many "pilot programs".

    Advice to ManagementAdvice

    invest in your workers - consider telecommutes, job sharing, flexible work week, summer work schedules, pay increases.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Highly motivated & entrepreneurial, then this is the place for you!

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

    I have been working at W. R. Berkley full-time for more than 5 years

    Pros

    Success is up to you. Great compensation potential, good benefits, opportunities across disciplines and many different types of companies. Highly motivated individuals will do well here. The autonomous decision making allowed at the various companies level is unusual and refreshing.

    Cons

    Not well suited for folks that lean toward highly structured/directing organizations.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Worst working experience I have ever had - terrible company due to management and employees.

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

    I worked at W. R. Berkley full-time

    Pros

    There are nice perks at the holidays.

    Cons

    There is a lot of backstabbing and competetiveness amongst employees. There is not a team atmosphere or mentality. The people who work there are not trustworthy.

    Advice to ManagementAdvice

    Do what you promise to your employees and don't talk behind their backs to subordinates.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Terrible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit  in  Greenwich, CT
    Former Employee - Audit in Greenwich, CT

    I worked at W. R. Berkley full-time for more than a year

    Pros

    Some of the co workers

    Cons

    Was lied to, deceived on job roles and descriptions, no plan of action for work schedule.

    Advice to ManagementAdvice

    Review who has control over IA

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    It has been a struggle

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

    I have been working at W. R. Berkley full-time

    Pros

    Travel and opportunity to work in a varied environment. Have developed some good personal relationships with co-workers.

    Cons

    Leadership is lax in their involvement with the common employee. Their development philosophy for career education is 19th century at best.

    Advice to ManagementAdvice

    Need to become more involved with the front line employees and to help develop thir talents.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Current Employee in Northeast location

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Staff  in  Wilmington, DE
    Current Employee - IT Staff in Wilmington, DE

    I have been working at W. R. Berkley full-time for more than 3 years

    Pros

    Upper Management seems to understand how to keep the company profitable and investing in their stock is recommended but that's about the only positive and if considering this company for work, I recommend using it only as a stepping stone or place holder until you find your next job.

    Cons

    I do not recommend working in their IT Department if stability\career growth is you goal. Mid-management level staff lack leadership skills, take advantage of employee's efforts without identifying effort given and really offer no chance for expanding your knowledge\ Resume building. Activities are always a moving target with no clear direction of supported vs non-supported business units that roll up under their IT Support Structure. Company seems to lack a clear path or direction at times when considering IT Support Goals. Their HR services are poor and they do not engage the employee's at any level, the company is trying to change the culture from self driven employees to a micro managed one by recent hiring of Team Leaders from outside. There is not a lot of motivation by internal staff since very few get promoted from within. Recent changes with non technical managers, average pay and a lack of true Bonus structure make this company average at best. The internal Help Desk is in dis-array and do not offer much when having to contact this group, might be one of the worst in regards to passing the buck, not sure if this is because of a lack of skills or leadership but have never worked in a company where the Help Desk did so little in the way of actual support, their more of an answering service.

    Advice to ManagementAdvice

    Re-visit the current culture, encourage employee feedback for recent changes and consider if current mid- level Team Leaders will take BTS to where upper management wants to be in 2 years from a support standpoint. Conduct additional surveys from employees on thoughts around satisfaction, feeling of confidence in their team leaders ability to lead.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Not a good company for ethics and values

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

    I worked at W. R. Berkley full-time

    Pros

    Some people are ok to work with and make the day go by faster.

    Cons

    The managers are middle aged white males who are experts at making promises they do not intend to keep. Favortism abounds and new people are treated with contempt and distrust. The people are very fake (many are backstabbers) and the air is thick with politics.

    Advice to ManagementAdvice

    Look to other companies for how to do what is right.

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

    Decent company to work for, but mostly promotes from the outside

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

    I have been working at W. R. Berkley full-time for more than 5 years

    Pros

    - Experienced people: WRB tends to hire well-tenured ppl who have a niche following or are highly specialized.
    - Talent is generally attracted based on grand titles and decent compensation/salary
    - Excellent work/life balance: the best work/life balance most ppl have ever experienced, as long as financials and profitability remains in tact, it remains a fairly low-stress environment and literally most leave by 5pm
    - Great company for ppl who are established in their career and desire a good work/life balance, but not a lot of ambition to continue advancing

    Cons

    - Promotions are minimal (only promotes 1 time per yr effective 1/1) and if/when they do occur, typical salary increases are very low. Very decentralized management style and minimal movement between corporate or subsidiaries - loses out on talent this way
    - While they may attract talent with decent initial salaries, merit increases are minimal. In the 5 yrs I have spent there, the average raise has been about 2%, so what you come in at is close to what you're likely to leave at... don't expect much in regards to raises/promotion salary increases.
    - Lack of diversity: minimal number of women or minorities in any senior management role. I was quite appalled when I started. While it has improved a bit over the 5 yrs I've been there, it is still largely and noticeably ran by Caucasian middle-aged males.

    Advice to ManagementAdvice

    Consider looking at talent within the entire company and make contingency plans. The fact that nearly all high-level positions are hired from outside gives a negative image to the employees who are trying to grow in their career.

    Recommends
    Neutral Outlook
    Approves of CEO

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