GNY Insurance Companies Reviews

Updated Feb 24, 2021

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3.7
61%
Recommend to a Friend
80%
Approve of CEO
GNY Insurance Companies President & CEO Elizabeth Heck (no image)
Elizabeth Heck
32 Ratings
Pros
  • "Flat management by engaged senior people makes the work environment not only a very good place to learn, but the people are friendly and approachable(in 5 reviews)

  • "If you're a 9-5-Home person, location is highly accessible by PT: Grand Central/Penn are a quick 10 minute walk away(in 4 reviews)

  • Cons
  • "Underwriters have no authority to make decisions and everything must be referred(in 4 reviews)

  • "Highest turnover among young underwriters who are shown zero respect by upper management(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 5 years
      Featured Review

      Top-notch company to develop your career at

      Aug 29, 2020 - Underwriter in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      GNY is one of the best players in the niche markets it operates in and is currently in rapid-growth mode. The company has been expanding its geographical footprint and significantly growing its book the last few years, all while maintaining its deeply-rooted culture of underwriting discipline and financial stability. Management has done a excellent job launching the century-old company forward to be more integrated and tech-enabled. Colleagues are pleasant to work with, knowledgeable and highly team-oriented. Effort and results are recognized and there is ample room for advancement. New compensation/performance review program implemented since last year; pay has become more competitive and you are proportionately rewarded for your contributions. Student loan pay down program, 6% 401k match, DB plan, education reimbursement, solid PTO, FSA, etc. Location: If you're a city person: it's the middle of Midtown, need I say more? If you're a 9-5-Home person, location is highly accessible by PT: Grand Central/Penn are a quick 10 minute walk away. You'll also NEVER run out of food options.

      Cons

      - Consecutive years of double-digit growth has strained work life balance. Process optimizations & new hires have somewhat helped to alleviate this.

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      3 people found this review helpful
    2. 5.0
      Current Employee, less than 1 year

      Job searching

      Oct 17, 2020 - Environmental Health and Safety Specialist in Philadelphia, PA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Found a job I was interested in

      Cons

      Hard to find not good with computers

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    3. 4.0
      Current Employee, less than 1 year

      Not the worst company to work for

      Feb 5, 2021 - N/A in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Decent work from home policy

      Cons

      Company can be slow to change

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    4. 3.0
      Former Employee, less than 1 year

      Easy going work environment.

      Jan 31, 2021 - Receptionist in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      very fair work environment and supported by management.

      Cons

      Could update the computer and phone system for efficiency.

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    5. 1.0
      Former Employee, more than 1 year

      Underwriting assistant

      Feb 16, 2021 - Underwriter Assistant in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Poor training poor management testing for no reason at all. Pay could be better

      Cons

      Weekends off. Steady 9-5 office location

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    6. 2.0
      Former Employee, less than 1 year

      Look elsewhere

      Jan 3, 2021 - Underwriting 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      It is a laid back company

      Cons

      Sexist company Men are all they promote and usually only promote caucasian people. Hard work never pays off they use you and give you pennies for a raise.

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      1 person found this review helpful
    7. 5.0
      Former Employee, less than 1 year

      n/a

      Oct 13, 2020 - Help Desk Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      none at all things are good

      Cons

      there were no downsides at this company

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    8. 5.0
      Former Employee, more than 10 years

      Clerical job

      Feb 12, 2020 - Administrative 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great place to work. Fun environment

      Cons

      No cheap food during lunch

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    9. 5.0
      Current Employee, more than 1 year

      Great Company, Great Opportunities

      Jan 16, 2020 - Underwriting Trainee in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Fantastic benefits 401K match, incredible insurance, FSA/Commuter benefits, Student loan pay down program, pension, great PTO (even for starting employees) - Great management Management wants you to succeed and doesn't treat you like a number. Open door policy and they work with you. - Good location NYC office is 2 blocks from Herald Square - easy walk to subway and PATH, as well as several bus routes - Good work/life balance Management is understanding and lets you take your days off, work extra if you need to, and generally helps you to succeed without work consuming your life - Great environment Great company culture! Coworkers are friendly, helpful, and team-oriented

      Cons

      This company far exceeds my previous experience in the insurance industry - so none.

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    10. 5.0
      Current Employee, more than 5 years

      High quality job

      Dec 31, 2019 - Commercial Underwriter in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Detailed training, easy-going environment, top tier executive leadership.

      Cons

      Some lagging, insurance-esque standard operating procedures.

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