A.M. Best Reviews | Glassdoor

A.M. Best Reviews

Updated April 13, 2017
55 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
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Arthur Snyder III
30 Ratings

55 Employee Reviews

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Pros
  • Great work life balance with work from home and flex hours (in 19 reviews)

  • As an analyst you have 4-5 weeks of pto and the one work from home per week (in 4 reviews)

Cons
  • Management is very old-fashioned and doesn't listen to employees (in 6 reviews)

  • little prospect in small office in Hong Kong, no bonus for junior staff, poor senior management (in 5 reviews)

More Pros and Cons

  1. "Wonderful company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Oldwick, NJ
    Former Employee - Project Manager in Oldwick, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at A.M. Best full-time (More than 8 years)

    Pros

    benefits
    work life balance
    management - great managers who care about their employee's professional growth.

    Cons

    old fashioned - but this is changing


  2. Helpful (3)

    "If it smells like a ... and it looks like a .... it must be a ....."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonyous in Oldwick, NJ
    Former Employee - Anonyous in Oldwick, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at A.M. Best full-time (More than a year)

    Pros

    They have heat in the winter. Of course, with global warming, it is becoming less of a selling point.

    Cons

    I found that the knowledge transfer was from me to the company - I provided the expertise.

    You may not gain any transferable skills and in today’s job market, that makes a career at A.M. Best very unappealing and downright damaging to your long term career goals.

    Advice to Management

    Keep doing what you're doing! The CEO deserves the outcome of his efforts. And if he doesn't care, why should you?


  3. Helpful (5)

    "Depends on what you are looking for..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oldwick, NJ
    Current Employee - Anonymous Employee in Oldwick, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at A.M. Best full-time

    Pros

    Beautiful campus and buildings, great people and relatively stress free environment. Diverse workforce. Outstanding work/life balance. Other perks include on site cafeteria, free coffee and quarterly employee luncheon and/or activities.

    Cons

    Slow pace and rigid decision making process due to layered management structure, which could lead to frustration for those accustomed to a more rapid fire environment. Painfully slow in adopting simple modern business initiatives such as casual dress (men still required to wear ties) and work from home policies, let alone larger business strategies.

    Advice to Management

    Need regular and consistent communication from ownership senior management on company goals and objectives so that employees know how and where they fit into company strategies in order to align their work efforts to those ends.


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  5. Helpful (5)

    "Financial Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Oldwick, NJ
    Current Employee - Financial Analyst in Oldwick, NJ
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at A.M. Best full-time

    Pros

    The job offers a great work/life balance if you can get your work done on time. As an analyst you have 4-5 weeks of pto and the one work from home per week. Most employees in ratings work from 7:30-3:30, but some work later as well. Time management is a key to success... one other added benefit is that the company has an outstanding professional designation reimbursement program. It fully funds most of the desired programs and has raises built in for each passing grade.

    Cons

    Change has happened rather often. Management is continuously updating tools and processes to bring the company up to date. In addition, some deparodents outside of ratings seem to have horror stories of poor management and team work. Going outside of your division to offer ideas is almost never received lightly.Trying to prove yourself can be very difficult. Office politics are 100% present

    Advice to Management

    Encourage more team building activities and cross department work. Make sure your employees are fully aware of any changes and involve them in the discussions.


  6. Helpful (3)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Analyst in Oldwick, NJ
    Former Employee - Sales Analyst in Oldwick, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at A.M. Best full-time (More than a year)

    Pros

    Good opportunity, management takes notice of your efforts, big company. Plenty of opportunity to grow

    Cons

    Insurance related businesses are slower with technology and resistant to change.


  7. Helpful (4)

    "Nice people work here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oldwick, NJ
    Current Employee - Anonymous Employee in Oldwick, NJ
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at A.M. Best full-time

    Pros

    Long established firm with a history of stability. There are a lot of very smart people who work here that you can learn from. Vacation time and retirement plan is great. Other benefits are on par with other companies.

    Cons

    Lack of communication from President other than talking about history and a random email or two that probably wasn't written by him. Employees want to hear about the future of the company and where they fit into the mix.

    Advice to Management

    Communicate where the company is heading. Bring the company up to the current century in both appearance and empowerment. Trust those who are close to the issues to carry out the mission.


  8. Helpful (4)

    "Financial Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oldwick, NJ
    Current Employee - Anonymous Employee in Oldwick, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at A.M. Best full-time (Less than a year)

    Pros

    The PC reinsurance team that I joined is great. Everyone seems genuinely friendly and eager to help with any issues or questions that I have. The work itself is interesting and dynamic, so you never feel bored. Also, this company values work/life balance and they offer flex time and work from home, which a lot of people take advantage of. There are barely any people in the office past 5pm, which is something I haven't seen anywhere else.

    Cons

    The health benefits could use some improving.


  9. Helpful (6)

    "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oldwick, NJ
    Current Employee - Anonymous Employee in Oldwick, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at A.M. Best full-time (Less than a year)

    Pros

    Work hard and you will get noticed. Many people complain about stagnant salaries when they don't do the work required to qualify for a significant raise. Good work life balance and employees are nice.

    Cons

    Management should promote continuing education for employees. Use the latest technology so that we can compete with others in the insurance ratings industry.

    Advice to Management

    Support and empower your employees to succeed. A.M. Best must differentiate itself from competition instead of resting on its laurels.


  10. Helpful (2)

    "Rating Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Oldwick, NJ
    Former Employee - Anonymous Employee in Oldwick, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    love the place a lot

    Cons

    still dressing for work a lot


  11. Helpful (10)

    "To be generous this a 1 star company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Oldwick, NJ
    Former Employee - Senior Financial Analyst in Oldwick, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at A.M. Best (More than 3 years)

    Pros

    not many, great coworkers and some smart people that are stuck because they don't want or can't commute to NYC for a better, much better job. Those managers that are giving it 4 stars are only trying to raise the score so people will go work there, trust me and the 1 star reviews, you will not be happy or appreciated, EVER! NEVER!

    Cons

    so many things so little time..., the owners of the company don't really care about employees, you STILL have to swipe your card to go out to lunch and if you are 1 minute late from your 45 minute lunch break you get on a blacklist. Same if you leave work 1 minute before you hit 7:45 hours for a days work! like a previous review, it is like a bad, really bad episode of Mad Man. no bonus, they find a reason to not give you a decent raise at review time and no room for growth. The last VP spot that came open had 5 candidates, very good candidate that have been with the company many, many years, some of them decades. really people get on a train and go to NYC or Philly, you will see some happy, engaging people at your new job, and make 30 or 40% mone money AND be appreciated, not a prisoner!

    Advice to Management

    sell the company, you are running it to the ground and you are ruining its reputation. the reputation you think AM Best still has in the market is drifting away, companies are not telling you but you are not as respected as you think. SELL THE COMPANY NOW. You owe that to the people that still work for you or soon you will have to close your doors and many people will be out of a job. Not that you care, but you should.


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