Working at Safehold Special Risk | Glassdoor

Safehold Special Risk Overview

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Carrollton, GA
1 to 50 employees
Unknown
Company - Private
Insurance Carriers
$10 to $25 million (USD) per year
Unknown

Safehold Special Risk Reviews

3.0
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  • "Sales rep. Good opportunity to begin your career."

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    • Work/Life Balance
    • Culture & Values
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    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Palm Coast, FL
    Former Employee - Anonymous Employee in Palm Coast, FL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Safehold Special Risk full-time (More than 3 years)

    Pros

    Plenty of flexibility in the role. Good paid time off. Wells Fargo has a good corporate culture (Safehold is a Wells Fargo entity). Growing company.

    Cons

    Low pay, had one instance where the president of Safehold didn't know that I or my position existed (which is concerning as Safehold isn't a huge organization), lack of communication between managers and staff and at times, and communication of essential business related items would be severely delayed between management and field staff. Higher Staff turnover will continue unless certain areas are improved.

    Advice to Management

    As an MGA, the margins of profitability is smaller than that of a traditional insurance carrier. As such, increasing efficiencies at all levels of the organization is key to increasing Profitability.

    Need to focus on enhancing and building up the business segments where Safehold has a competitive advantage, and divesting from areas where they struggle to compete.

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