Clearwater Analytics Reviews | Glassdoor

Clearwater Analytics Reviews

Updated August 12, 2017
82 reviews

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3.7
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Clearwater Analytics CHIEF EXECUTIVE OFFICER AND FOUNDER David Boren
David Boren
4 Ratings

82 Employee Reviews

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Pros
Cons
  • The vibe is definitely more of a job than a career in client services (in 4 reviews)

  • They have a high turnover at the company, and software students are getting better offers elsewhere (in 4 reviews)

More Pros and Cons

  1. "Analyst"

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

    I have been working at Clearwater Analytics full-time

    Pros

    Great people. The organization lets teams do what they need to and don't interfere unless they need too.

    Cons

    Developers make much more than analysts seemingly regardless of experience or education.


  2. Helpful (3)

    "Good Short Term, Highly Unstable Long-Term"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Boise, ID
    Current Employee - Analyst in Boise, ID
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Clearwater Analytics full-time (More than a year)

    Pros

    Your job is as big as you make it. Lots of latitude, and opportunities to explore interests with big-name clients.

    Benefits are nice, 4% match, $100 monthly HSA contribution

    Cons

    Client Services have poor salary, poor work life balance, high stress
    Analysts have poor salary & good work life balance, meh stress
    Software devs have good salary & work like balance, little stress

    It's a flat organization. The only way that is sustainable is by welcoming attrition and stunting internal career development. When people figure out how much better they can do in the market, they leave.

    Clearwater hired 33% of their workforce in the last year (via 2016 year-end presentation), and grew the organization by 50 or so people. It currently has 600 employees. So, with a little math: they lost 165 people (of 550) in the last year, if that's any indication.

    Advice to Management

    You're trying to scale into a world-class organization, so start paying your people like it. We're already starting to see the effects of loss of internal knowledge at the highest levels, as the best people leave for better opportunities. Duplicated/redundant code, unclear requirements, and redoing the 'learning' phase of projects again and again and again.

  3. Helpful (1)

    "Great potential, very poor employee management"

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

    I have been working at Clearwater Analytics full-time

    Pros

    You get to work with some extremely intelligent, driven people on a successful software product. The work is varied and you pick up a lot of new skills. The product is successful and employees get to work with some of the largest, most successful companies in the industry.
    The company appears profitable and has rapid growth.

    Cons

    Very secretive company culture that has grown haphazardly and has no employee perks. Clearwater is a financial tech company that wants to act like Goldman Sachs, but does it poorly.
    Employees are given too little resources, typically paid below market, and rarely rewarded for good work, but always punished for minor issues. The best burnout and leave which causes a never-ending cycle of burnout.
    Employees here are treated like a liability, not an asset. There is a general feeling of fear and uncertainty with all of the recent turnover and rumors of mistreatment towards leaving employees.

    Advice to Management

    Stop acting like employees should be bowing at your feet for giving them a job. There are much better options out there in the Treasure Valley that at least pretend they care about their employees.
    There is so much potential here for a great company, but it will never be so if employee satisfaction and care isn't made important.
    This turnover will become much worse if something isn't done soon.


  4. "Good place to start a career"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Clearwater Analytics full-time

    Pros

    Had a great mentor, good coworkers for the most part. Good place to learn and grow as an employee. The people there overall were really awesome and good to work with. New building in downtown Boise which was appealing. You receive a discounted gym membership across the street.

    Cons

    Lots of turnover, gaps were constantly being created because people would quit and we would need to constantly pick up their duties. There was a power struggle between content and design on an everyday basis.


  5. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Data Analyst in Boise, ID
    Current Employee - Senior Data Analyst in Boise, ID
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Clearwater Analytics full-time (More than 5 years)

    Pros

    Great working environment. You are encouraged and given opportunities to learn and develop new skills.

    Cons

    The servicing department has a high turn over rate and the negative effects of that trickle down to other departments.


  6. Helpful (2)

    "Good place for work/life balance."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Boise, ID
    Current Employee - Software Developer in Boise, ID
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Clearwater Analytics full-time (More than a year)

    Pros

    I never feel pressured about deadlines. Work has never followed me home.
    The development environments are well managed, as you would expect from a good software-focused company. Version control, build systems, test environments, good code searching systems, etc.
    Not too many meetings. And if on your team there are, just push back a bit because feedback is well accepted.
    Great communication between teams.
    I am confident in the abilities and priorities of leadership in Development. Development team and division leads are approachable, relaxed, and still involved in the code themselves.
    In general I would describe the environment as: show up, get your work done, go home.

    Cons

    If you are looking for work to be the center of your life, this isn't the best place.
    There aren't too many 'inspiring' projects, this being finance and all.
    No opportunities for travel.
    You can only work from the main office in Boise, everything is in the secure network. No open-source projects or other development offices, so I hope you like it here.
    No Silicon-Valley level perks. (free food, nap room, ball pit, etc.) It's almost like they don't want you live-working there 24/7.
    The new building doesn't have any good communal eating/working spaces. The break rooms/kitchens are pretty small and to-the-point. They don't encourage more than transient interactions with people outside your team.


  7. Helpful (8)

    "Great place to start, but no long term future"

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

    I have been working at Clearwater Analytics full-time (More than 3 years)

    Pros

    Great work environment where you are provided autonomy to find solutions.
    Work with cool company's and learn as much as you drive yourself to learn.
    This is a great job for the first 1-2 years

    Cons

    lack of long term career development and compensation. You consistently see employees that would otherwise make up their bench strength leave for double the pay at other companies. If you do well it is only a matter of time before you will be subjected to a task that you will not have enough resources for, be overworked, then under compensated and be asked to patient and wait for compensation to come.

    Advice to Management

    Invest in your employees to retain them. Not just a select few by the second layer of strong talent. If you can't keep the next great leaders you will always be in an employee debt situation.

  8. Helpful (8)

    "Negative but Fair Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Boise, ID
    Former Employee - Sales in Boise, ID
    Doesn't Recommend
    Negative Outlook

    I worked at Clearwater Analytics full-time

    Pros

    There were a lot of really great people working there... some remain, but many have quit.

    Cons

    The pay is low, with little opportunity for commission. Management shamelessly selects winners, feeds them with a spoon, and champions their success as the benchmark. It becomes nauseating and breeds negativity on the team.

    Advice to Management

    The best advice for CW managers is to be receptive to advice.


  9. Helpful (1)

    "Good starting point"

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

    I worked at Clearwater Analytics full-time

    Pros

    A great place to gain experience and exposure in corporate finance and accounting. Provides a solid foundation for future opportunities. Office is in a prime location in downtown Boise. A decent benefits package is offered.

    Cons

    Culture is fragmented and unique to each department. No cohesive culture or overarching mission across the entire company. Employee recognition is scarce. Flat organization is sold as a positive but results in a lot of uncertainty on personal growth and career advancement.

    Advice to Management

    Little things speak. Embrace fun - the job is hard enough as it is. Show people that you care.


  10. Helpful (3)

    "Horrible management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Clearwater Analytics (More than 3 years)

    Pros

    Some of the people I worked with made my days worth being there. That is about all there is to say.

    Cons

    You aren't supposed to voice your opinion...well you can but only if it is the same as you team leads. If you bring up concerns you are put under a microscope and micromanage to death. Just go with the flow and don't try to get promoted or you will be fired or assigned to a new team where you can't make waves. They don't want people to think out of the box because management is scared to be replaced. It's a colture run by fear and anyone who says differently is Mormon.


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