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Corporate Risk Holdings Reviews

16 reviews

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2.1
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Corporate Risk Holdings CEO Sharon T. Rowlands
Sharon T. Rowlands
8 Ratings

16 Employee Reviews

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  1. "Good benefits, great team"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Corporate Risk Holdings (More than a year)

    Pros

    Good people. Great team.

    Cons

    Experienced people quitting in the past year taking domain knowledge with them.


  2. "Great company, until..."

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Falls Church, VA
    Former Employee - Anonymous Employee in Falls Church, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Corporate Risk Holdings full-time (More than 3 years)

    Pros

    Co-workers were often smart and fun, hours and vacation time were good.

    Cons

    Incompetent management put in place by PE owners, poor morale. And now they're bankrupt.

  3. Helpful (1)

    "Pretending to be a leader isn't the same thing as actual leadership."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Eden Prairie, MN
    Former Employee - Anonymous Employee in Eden Prairie, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Corporate Risk Holdings full-time

    Pros

    The lower the level, the better the people. I met many competent dedicated people, who were willing to work their rear ends off for management. It was a good staff. Initial pay was above market.

    Cons

    The higher up the management you went, the less capable the people were. There were many empty titles, where people in Director, VP, EVP or CEO roles were clearly in over their heads. Lots of rah-rah speeches and blowing sunshine, but you got a sense that not even they actually believed what they were saying
    Stalled merit increases and suspended 401k benefits didn't align with the good work people were doing on the front lines. Some good people were let go, while some questionable people were promoted beyond their skill or capabilities. Left many of us wondering who was making these decisions.

    Advice to Management

    Let go of the tight control of power, and let employees help dig you out of the mess you made.


  4. Helpful (3)

    "Like riding aboard the Titanic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development
    Current Employee - Business Development
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Corporate Risk Holdings full-time (More than 5 years)

    Pros

    Some nice people to share in the misery and frustration.

    Cons

    Prevailing leadership views employees as cogs that are easily interchangeable. High-level managers and c-suite members are brought on because of their friendships with current management even though they have no relevant industry knowledge or experience. Despite this, some come up with good ideas, but no one commits to implementing them and they wouldn't have a clue how to do so if they could.

    Advice to Management

    Hire based on competence, experience & industry knowledge, and integrity like you used to in the past. Recognize and nurture talent. Commit to new idea and strategies and follow through on them -- it takes longer than one or two quarters to see results.


  5. Helpful (1)

    "Keep looking ahead, stay alert and pick up as many projects as you can"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Corporate Risk Holdings full-time (More than 3 years)

    Pros

    The people were actually really great given the boredom and pace of some of the work. The lines of responsibility blurred often, giving you the chance to take on more projects and gain experience, some more enticing than others. For someone young, trying to understand corporate structure, business and what it really means to be in the trenches, this is a great company to work for...if they're even hiring now.

    Cons

    The Private Equity firm, Providence Equity Partners, that owned us couldn't make up their mind and forced our leadership, all more than competent business people, to flip flop back and forth on the direction of the portfolio. All of the low and mid level employees understood this and if the leadership had been allowed to lead, then the company could have reached its potential. Health plan's were okay and 401K matching (while there was one) was actually pretty good.

    Advice to Management

    The structure of the company became very unclear, and though it seems that altegrity is fading away, it would probably help people to better understand who is in charge and how this relates to the portfolio as a whole. Within the companies, please let the business leaders lead, not the practitioners, their time has passed.


  6. Helpful (1)

    "Holding company with great brands and with a great future but only if they build on hard work already done"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in New York, NY
    Current Employee - Senior Vice President in New York, NY
    Recommends
    Approves of CEO

    I have been working at Corporate Risk Holdings full-time (More than 5 years)

    Pros

    Recent management cleaned up a myriad of problems including the mess at USIS, installed new leadership righted the ship and pointed it in the right direction. Great opportunity to build on that now...

    Cons

    Now that holding company has gone each individual company depends on its individual management which is varied. No one believes that the Private Equity guys have a clue what they are doing...the Altegrity management team that left were really highly regarded and put out the fires they need equally good people taking it forward..


  7. Helpful (6)

    "Horrible place to work"

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

    I worked at Corporate Risk Holdings full-time

    Pros

    Good PTO
    Good 401k match (if they haven't put it on "hold" again)
    Met a few great people

    Cons

    Altegrity is owned by Private Equity and all they care about is the bottom line. You are just a body that can (and will) be replaced. People WILL be laid off if it means the executives can make some extra money because of it. Bonus program could be good if they actually paid out the bonuses. Cash is spent faster then it comes in with no thought of how this will affect the long term goals. Turnover in executive positions is constant (and each executive is paid handsomely to leave) then new executives are paid handsomely to join. Anyone who is not an executive or in the "good boys club" is treated horribly. The executives have the lowest morals in the human race. Large amounts of money are paid to consultants but never to actual employees. Raises are minimal. Lowest employee morale at any company I have worked at. Everyone is in constant fear of losing their job. Run!

    Advice to Management

    Stop paying so much money to yourselves, stop benefiting from firing your workforce to just rehire again. Treat people kindly!

  8. Helpful (4)

    "Save yourself, don't work here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good people that can share in your misery.

    Cons

    Signing on to this company is the equivalent to selling your soul to the devil. I was expected to work 70+ hours/week regularly. Work/life balance is out of the question.

    Advice to Management

    Stop paying third party consultants and hire yourselves an adequate staff.


  9. Helpful (4)

    "Sinking ship"

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

    I worked at Corporate Risk Holdings full-time (More than 8 years)

    Pros

    Don't have to start at 8 am if you are an investigator.

    Cons

    Some team leaders micro manage, this is not good in this kind of employment due to depending on "sources" in order to make your schedule. If I give a two week notice, they will not except it. and immediately terminate you. I worked at this company for 9 years, always top performer, decided to leave due to excessive work loads, poor team leader and the new way to request vacation (must be requested during a one month period for 3 months away ie. if you want of Jan-March, request it Oct 1-15).

    Advice to Management

    Have more communication with "low on the totem pole" employees. Better medical package. To many levels in Management.


  10. Helpful (2)

    "Sinking ship..."

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

    I have been working at Corporate Risk Holdings full-time (More than 10 years)

    Pros

    I worked with some extremely dedicated, hard-working, and professional people. The job was rewarding and challenging. Paid time off was generous. Then Altegrity came along...

    Cons

    Too many cuts to employee benefits, no merit increases or bonuses in years, not enough staff to complete jobs properly, too many staff leaving and not enough rehired. The bottom line is all they care about.

    Advice to Management

    treat people like people, not $.


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