GNY Insurance Companies Reviews
Updated Feb 24, 2021
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Approve of CEO
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)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
- Current Employee, more than 5 years★★★★★Featured Review
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.
Continue reading - Current Employee, less than 1 year★★★★★
Pros
Found a job I was interested in
Cons
Hard to find not good with computers
- Current Employee, less than 1 year★★★★★
Pros
Decent work from home policy
Cons
Company can be slow to change
- Former Employee, less than 1 year★★★★★
Pros
very fair work environment and supported by management.
Cons
Could update the computer and phone system for efficiency.
- Former Employee, more than 1 year★★★★★
Pros
Poor training poor management testing for no reason at all. Pay could be better
Cons
Weekends off. Steady 9-5 office location
- Former Employee, less than 1 year★★★★★
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.
Continue reading - Former Employee, less than 1 year★★★★★
Pros
none at all things are good
Cons
there were no downsides at this company
- Former Employee, more than 10 years★★★★★
Pros
Great place to work. Fun environment
Cons
No cheap food during lunch
- Current Employee, more than 1 year★★★★★
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.
Continue reading - Current Employee, more than 5 years★★★★★
Pros
Detailed training, easy-going environment, top tier executive leadership.
Cons
Some lagging, insurance-esque standard operating procedures.
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