EQECAT Reviews | Glassdoor

EQECAT Reviews

6 reviews

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2.7
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Paul C. Little
2 Ratings

Employee Reviews

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  1. "small-company atmosphere with a few big-company headaches"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in Oakland, CA
    Former Employee - Product Manager in Oakland, CA
    Neutral Outlook
    Approves of CEO

    I worked at EQECAT full-time (More than 3 years)

    Pros

    -smart, committed, friendly people
    -interesting work
    -small enough for your voice to be "heard"

    Cons

    -bureaucracies related to the parent organization
    -groups are somewhat in "silos," so cooperation is less fruitful than it could be

    Advice to Management

    your core competency is in the models, not the platform! figure out how to capitalize on technical prominence even if it means abandoning other products.


  2. "Don't waste your time"

    Star Star Star Star Star
    • 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 EQECAT full-time (More than 5 years)

    Pros

    Interesting business, some of staff are very talented, small enough to feel like a family, but reap rewards of parent company's size for benefits, recent release of new platform overcomes legacy issues with previous platform.

    Cons

    – Some staff do not pull their weight and there are no repercussions, lack of transparent compensation plans, especially surrounding bonuses. As a result, no motivation to excel other than personal pride and integrity, causing "star" players to become frustrated and "B" team to skate by. Previous President (Bill Keogh) highly respected, effective and well liked. Change in management was a mistake. Parent company does not understand business and stifles EQECAT's success.

    Advice to Management

    Hold underperforming staff accountable, provide transparent comp plan and reward those that are performing well. Show staff respect and courtesy.


  3. "Negative and severely mismanaged."

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

    I worked at EQECAT full-time (More than a year)

    Pros

    If you're looking for a position to coast, push papers and generally avoid having to commit or produce meaningful and profitable work - this is your place.

    Cons

    Archaic and ignorant management that do not understand how to run a profitable and competitive business. ABS as a parent company is a horrible relationship that benefits neither party.

    Advice to Management

    Purge senior management team and hold employees accountable for lack of performance.


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  5. "Great and fulfilling, with some disappointments"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Modeler in Oakland, CA
    Current Employee - Modeler in Oakland, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Exposure to risk management best practices
    Good networking opportunities
    Brilliant technical people as colleagues
    Possibility to foster personal development with education

    Cons

    Poor leadership
    Mismatch with market demands
    Inability to leverage the company dynamic capabilities
    Competing teams and blame-culture

    Advice to Management

    Dump current top management
    Pick advise from expert people who left the company over the last 5 years
    Otherwise just sell to an interested party


  6. "Nice people and interesting work"

    Star Star Star Star Star
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at EQECAT as a contractor

    Pros

    open door policy
    Nice colleagues
    flexible work

    Cons

    Slow decision making
    other that no cnos


  7. "Not too bad"

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

    Pros

    Interesting products ,very good salesmen

    Cons

    Unable to compete effectively with competition

    Advice to Management

    Be more responsive to cutomer needs