GNY Insurance Companies Reviews | Glassdoor

GNY Insurance Companies Reviews

Updated February 7, 2017
35 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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Elizabeth Heck
10 Ratings

35 Employee Reviews

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  1. Featured Review

    Helpful (1)

    "Encouraging and supportive team work environment that always strives to do the right thing."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at GNY Insurance Companies full-time (More than 8 years)

    Pros

    If you are smart and want to grow with a company that supports you, if you want to work for a company that wants and listens to your opinions, and doesn't have all of the political layers and bureaucracy that larger companies have where you feel lost in the masses, this is a great company to work for. The people are fantastic and supportive and the philosophy is to make sound decisions, develop and maintain long term relationships, and grow the business for the benefit of all.

    Cons

    The work environment is more demanding than in year's past. Employees are expected to do more, have opinions they can support, and find solutions. Employees are given more ownership of their work and those that excel are rewarded, but the expectations of all have grown and not everyone can or is willing to meet the challenge.

    Advice to Management

    Keep communicating with employees so that those that fear or are challenged by the idea of change understand how important and necessary it is for survival.


  2. "Fantastic Company to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at GNY Insurance Companies full-time

    Pros

    GNY is a fantastic company to work. GNY is a small company and people get to know each other quickly. People are friendly and supportive. The leadship team is open to new ideas and so employees are motivated to work.

    Cons

    Every person has his/her own role. GNY is not a good place for a person who is not motivated.

    Advice to Management

    Keep good communication with employees and keep supporting employees and so employees can proactively take own responsibility for the work.


  3. "Anonymous"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at GNY Insurance Companies full-time (More than 8 years)

    Pros

    Colleagues are very nice to work with. New HR person has improved the time off and flex time policy.

    Cons

    Benefits could be better. Other companies have much better benefits.

    Advice to Management

    Improve medical plan. Employees should pay less out of their paycheck since the company is always profitable and they should not have to get a physical in order to save $100. There should be an Employee +1 option. Get a decent short term disability plan. Match the 401k monthly, not annually. Get rid of the time clock and let ALL employees have the work from home option.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "underwriting training program"

    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
    No opinion of CEO

    I have been working at GNY Insurance Companies full-time

    Pros

    Good growth potential, Tamara did a great job at the beginning of training

    Cons

    training program was miserable, low salaries, super old-school company culture


  6. "Great Company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at GNY Insurance Companies full-time

    Pros

    Good benefits...nice coworkers and management.

    Cons

    A lot of older management. Most people spend their entire careers there. No real opportunities for growth since they tend to hire from outside


  7. "Underwriter"

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

    I have been working at GNY Insurance Companies full-time

    Pros

    Good new leadership, strong intentions to head in the right direction

    Cons

    Transition could be lengthy, though I am optimistic

    Advice to Management

    Continue to establish continuity and retain talented employees


  8. Helpful (1)

    "great place to work"

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

    Pros

    great pay, great benefits never had any issues

    Cons

    i never had a problem here


  9. "Stay far away"

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

    I have been working at GNY Insurance Companies (Less than a year)

    Pros

    I can't really say there are many pros. They are 100 years old and operate on that level. Don't expect much support. You can't think for yourself it will be frowned upon, sorry to say no pros.

    Cons

    Many good minded people have left due to old dust collectors that offer no value but are lucky enough to be backed by ceo. People have titles that are not deserved. Any long time manager here would never make it at a real company.

    Advice to Management

    Support all employees not just the old school ones, trust and respect employees and stop all the favoritism.


  10. "Some great people, but a terrible place"

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

    I worked at GNY Insurance Companies full-time

    Pros

    There are a lot of good people working at this company and they clearly have found a niche market for their products.

    Cons

    Young employees treated like they are children. Highest turnover among young underwriters who are shown zero respect by upper management. These people are the future of the company and anyone with half a brain gets out ASAP. Bad pay, terrible office, micromanagement.

    Advice to Management

    Improve your relationships with your employees and maybe some will stick around.


  11. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I have been working at GNY Insurance Companies full-time (More than 5 years)

    Pros

    The company has great people who care about what they do which makes it a a great place to work. Salary and benefits are competitive and management is supportive of professional development and of employees generally.

    Cons

    I haven't seen any downsides yet.

    Advice to Management

    Continue to show that you value employees and provide opportunities for growth.



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