Euler Hermes Reviews | Glassdoor

Euler Hermes Reviews

Updated October 10, 2017
90 reviews

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3.9
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Approve of CEO
Euler Hermes Président du Directoire Wilfried Verstraete
Wilfried Verstraete
31 Ratings

90 Employee Reviews

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Pros
  • Good management team, work life balance, good collaborations between different department (in 10 reviews)

  • Pleasant work environment and great people to work with (in 4 reviews)

Cons
  • Turnover in upper management and a lot of confusion after Euler Hermes started calling all of the shots (in 5 reviews)

  • Credit insurance is a stable and established market, so don't expect any bleeding edge of technology assignments (in 4 reviews)

More Pros and Cons

  1. "Mr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Owings Mills, MD
    Current Employee - Anonymous Employee in Owings Mills, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Euler Hermes full-time (Less than a year)

    Pros

    International culture , friendly, nice office

    Cons

    Could be better,promoting work and life balance


  2. "Legal Coordinator"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Euler Hermes full-time

    Pros

    Everyday is different. So much information to keep you on your toes

    Cons

    The pace is very fast. Very little time to second guess your decisions.

  3. "Sales agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent
    Current Employee - Agent
    Doesn't Recommend
    Neutral Outlook

    I have been working at Euler Hermes full-time

    Pros

    Great service to sell.

    Cons

    They don't value hard work of agents, seem to put underwriters in more of an esteemed position. No respect for the agents, exhibited clearly as they terminate indiscriminately very successful season agents...

    Advice to Management

    Need to value your tenured agents more. Treat them with respect, letting them go with no clear reasons to other remaining agents does not breed confidence of this as a long term career position.


  4. Helpful (1)

    "Current full time employee"

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

    I have been working at Euler Hermes full-time (More than a year)

    Pros

    I've worked at Euler for almost 2 years. I absolutely love working for Euler - hard work and dedication to the company is definitely recognized & the company does focus on internal promotion. Endless possibilities if you're willing to put in hard work!

    Cons

    [some] Middle management is not familiar with credit insurance as a product. Makes it frustrating when you feel like you need to go above your immediate boss or look to other departments for an answer.


  5. "Solid Company"

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

    I worked at Euler Hermes full-time

    Pros

    Solid company. Good place to learn with a lot of knowledgeable people

    Cons

    Not a lot of room for growth


  6. Helpful (2)

    "Sales & Marketing Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales & Marketing Manager in Los Angeles, CA
    Former Employee - Sales & Marketing Manager in Los Angeles, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    There are absolutely excellent people working for this company. Very hands-on, cooperative and smart. We build some great programs for large corporations globally.

    Cons

    At the time I worked here there were a few people in upper management that rather traveled and paraded around being very important, red tape and politics were very sad. I am happy that most of these people have been removed from their positions and I hope that improved the efficiency of the company since the credit insurance product is already very difficult to sell in the US.

    Advice to Management

    After 3 months of lesser numbers don't throw all sales people out that have worked in the company for 5 to 20 years. Make it work, it is really better.


  7. Helpful (2)

    "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    World's largest company in sector

    Cons

    High agent turnover rate. Requires lots of driving in traffic intense California.

  8. "Good comapany"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    great condition, US Management was phenomenal

    Cons

    difficult to work with EU teams due to time differences

    Advice to Management

    keep up the good work


  9. Helpful (1)

    "Old School"

    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

    I worked at Euler Hermes full-time

    Pros

    Mostly nice people who work hard.

    Cons

    Old school mentality. Leadership in Finance are terrible people who are vile.

    Advice to Management

    Fire finance leadership


  10. Helpful (1)

    "Great laid back culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD

    I have been working at Euler Hermes full-time

    Pros

    Laid back culture, competitive pay, market leader, most management cares about their employees. Bottom-up management style that values new opinions

    Cons

    Had a lot of HR issues, but they are revamping their HR dept to fix. Some managers do not care about developing young talent. Puts too much emphasis on experience rather than competency.

    Advice to Management

    Develop young talent and focus on retaining those individuals. Make sure middle management is interested in creating a team environment and working to keep their team happy.


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