Everest Re Group Reviews | Glassdoor

Everest Re Group Reviews

Updated May 16, 2017
33 reviews

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Full-time Part-time

2.6
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Dominic Addesso
2 Ratings

33 Employee Reviews

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  1. "Accounting Analyst"

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

    I have been working at Everest Re Group full-time (More than a year)

    Pros

    Very friendly, and supportive group

    Cons

    Systems are old and they need to work from home options.

    Advice to Management

    Continue improving the working environment


  2. Helpful (2)

    "The IT runaway freight train."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT in Liberty Corner, NJ
    Former Employee - IT in Liberty Corner, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Everest Re Group full-time (More than 10 years)

    Pros

    Good location, good non-management employees, the company financials are solid, CEO seems down to earth when he speaks, and easy commute.

    Cons

    The IT morale at Everest is at an all time low. You have employees that have been there 20+ years leaving, and some of them not even having a job lined up yet, but they just can't take the stress. The new CIO is more concerned with making the CEO happy than keeping his team (IT) happy. He has told all of IT in a department meeting that they everyone's performance rating is as a 2 (needs improvement) for 2017 and until you prove otherwise, you will be a 2. He published a slide deck for the CEO on all the things he changed in his first 100 days, (And no the CIO is not Donald Trump) Since he arrived all openings are to be filled from the outside and there are no promotions within. Unless you are applying for your dream position, be cautious as Everest could be a career killer. There are a ton of new projects kicking off, but the project deadlines are just ridiculous. You have the same people working on 12 projects which are all priority and have to be completed by tomorrow. The VP's are afraid to tell the CIO it cant be done for fear of losing their jobs, so they tell the employees to stay late, come in early, work weekends, and get it done in any means possible. 3 VP's have left since this all started. A contract was signed for over 100 off shore resources. It is to early to tell what that will mean to full time employees. Be cautious accepting a position in IT and make sure to ask the hiring manager all of your questions including why the position was not filled from within.

    Advice to Management

    Stop worrying about the pleasing the CEO , CIO, and VP's and start listening to your IT employees. All of the IT knowledge that Everest has built up over the last 20 years is walking out the door. Start filing jobs with the people you have that have been there 10+ years. It would raise morale and give employees a feeling of being a part of a team again. Stop telling employees that they rate as "needs improvement", as that is unacceptable to make such a broad statement. IT is a runaway freight train. If it stays on the rails, great for everyone who stays. If it derails, there will be company wide application stability issues, system outages, followed by finger pointing.


  3. Helpful (1)

    "Worst Company I Ever Worked For"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Liberty Corner, NJ
    Former Employee - Anonymous Employee in Liberty Corner, NJ
    Doesn't Recommend
    Negative Outlook

    I worked at Everest Re Group full-time (More than a year)

    Pros

    The employees are great, scared, but nice people.

    Cons

    Where do I start? If you lack the skills to do the job, they hire you for Management! On many occasions they refused to post a $1,500,000 on a claim because I didn't hit the space bar, then the dollar sign, then the amount, including the .00. 10 minutes before closing the management team would disperse to hide around the exit door to try and "catch" you leaving 1 minute early. The place is a managers paradise, and a professionals nightmare!
    I walked out after serving a 1 year sentence there

    Advice to Management

    Reduce your staff by at least 50% and ensure they are at least as knowledgeable as your technical staff.


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  5. Helpful (1)

    "Horrible Management and it's getting worse."

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

    I worked at Everest Re Group full-time (More than 8 years)

    Pros

    Pay is fine. benefits are ok, not great, unless you're a director or above

    Cons

    Management is terrible. The IT dept is being destroyed by the new CIO. There is more directors and VP's than any company i know. People are being micro managed.

    Advice to Management

    Too many chiefs. Stop micro managing, if you trust the people you hire, then let them take ownership of their jobs and make sure to give them the tools to succeed. Don't blame the staff for VP's bad decisions over the years. IT VP's are all "yes sir" sheep, afraid for their jobs, NO real decision making individuals, at least in the IT dept. It was a good company to work for years ago, not anymore.


  6. Helpful (1)

    "Great benefits, poor management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Liberty Corner, NJ
    Former Employee - Director in Liberty Corner, NJ
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Everest Re Group full-time (More than 10 years)

    Pros

    The pay and benefits were great.

    Cons

    IT management did not have any strategic plans that lined up with the business. No clear career paths.

    Everest Re Group Response

    Mar 1, 2017 – Recruiting Director

    Everest Technology Services has undergone major changes under our new CIO. There is a renewed commitment to excel in the service provided to internal and external customers through an engaged team ... More


  7. "Software Engineer"

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

    I worked at Everest Re Group full-time (More than a year)

    Pros

    Relatively friendly and flexible environment.

    Cons

    Low pay - mostly due to lots of outsourcing - so forget about you career dreams in this company. Not so good benefits, management has no idea about what needs to be done and how to do it, but is trying to manage it. Trying so hard that sometimes you have no idea how to complete all those contradictive tasks with mutually exclusive requirements.

    Advice to Management

    Try to bring your own suggestions to live within the time frame you define and see what happens. Maybe then your brain will finally comprehend what I was talking about in Cons section.


  8. "learned a lot"

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

    I worked at Everest Re Group full-time (More than 3 years)

    Pros

    Any job is what you make of it. I was exposed to a lot of the different sides of reinsurance, i.e Ceded, Assumed, Retro. Very knowledgeable people.

    Cons

    Salary could be better. Since moving on , I've been to other companies in the Reinsurance industry that offer more flexibility like working from home and bonus structures. When I was there only managers we re entitled to bonuses. I also agree with another review that says that calling out sick is frowned upon.

    Everest Re Group Response

    Mar 1, 2017 – Recruiting Director

    Thank you for your comments. As a result of employee feedback, Everest has adopted a limited work from home policy & a new Flex Time policy, which allow employees to take time off during their ... More


  9. "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Warren, NJ
    Current Employee - Director in Warren, NJ

    Pros

    Sound & very conservative Business strategy.

    Cons

    Drastic change in IT management strategy

    Everest Re Group Response

    Mar 1, 2017 – Recruiting Director

    Everest Technology Services has undergone major changes under our new CIO. There is a renewed commitment to excel in the service provided to internal and external customers through an engaged team ... More


  10. Helpful (1)

    "Paid well, treated horribly."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Orange, CA
    Former Employee - Anonymous Employee in Orange, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Everest Re Group full-time (More than 8 years)

    Pros

    Salaries are extremely high, benefits are great, and if you are in management there is a bonus.

    Cons

    Bonuses are only given to management, not to the individuals who work the hardest. Sick time is not defined, depending on which department you are in, you are treated badly if you do call out. Human Resources is not located in each location, they are only in the New Jersey office. As of this, management, in the other locations, take advantage of this fact.

    Advice to Management

    Listen to your employees.


  11. "great company to work for. nice people"

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

    Pros

    nice people and decent pay

    Cons

    no work from home even for bad weather

    Advice to Management

    keep up the good work

    Everest Re Group Response

    Mar 1, 2017 – Recruiting Director

    Thank you for your comment and for helping make Everest a great company. Everest has also implemented a formal work from home policy & a new Flex Time policy, which allow employees to take time off ... More


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