Lloyd's Reviews | Glassdoor

Lloyd's Reviews

Updated Aug 5, 2019

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Found 38 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
40%
Recommend to a Friend
59%
Approve of CEO
Lloyd's CEO Richard Ward (no image)
Richard Ward
10 Ratings
  1. "Enjoyed Working Here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Owner/Photographer/IT Tech in Houston, TX
    Recommends
    Neutral Outlook

    I have been working at Lloyd's full-time for more than 10 years

    Pros

    Amazing experiences learned at each job, Something different every day.

    Cons

    Sometimes not enough incoming jobs to keep busy each day.

    Advice to Management

    Advertise!

    Lloyd's2015-05-04
  2. "Good step to get into the insurance industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Intern in Southlake, TX
    Recommends
    Approves of CEO

    I have been working at Lloyd's for less than a year

    Pros

    flexible, pay was good, and was able to work remote

    Cons

    better training/sense of direction would have been helpful

    Lloyd's2018-07-25
  3. "Rewarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Underwriter in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lloyd's full-time for more than 5 years

    Pros

    Entrepreneur friendly, great management communication, flexible work hours, unique exposure to various London syndicates, solid underwriting model and financially rewarding.

    Cons

    Internal growth is hard to achieve, associates are limited in marketing and client exposure, strictly a wholesale broker only distribution pipeline.

    Lloyd's2016-02-05
  4. "Brilliant scheme"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Apprentice in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lloyd's full-time for more than a year

    Pros

    You get treated like an adult, and are actually paid a fair wage - not to mention you the amount of time and energy they invest in you to progress with your career.

    Cons

    Nothing notable, I would recommend to anyone.

    Advice to Management

    Keep up the great work.

    Lloyd's2019-08-05
  5. "Work experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Student Worker in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lloyd's part-time for less than a year

    Pros

    + free lunch + free travel + learn about your field + location

    Cons

    - tasks for students were very limited and not representative of real job

    Lloyd's2019-06-21
  6. Helpful (1)

    "Old Guard mentality extremely resistant to change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in London, England
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Lloyd's full-time for more than 3 years

    Pros

    Most roles are relatively easy to learn and to perform to a decent standard without much effort, once you get past the thousands of acronyms designed to make work appear more technical it really is, the work is rather numbing. People are pleasant, the brand is well known and there is no shortage of extra-curricular activities to get involved in.

    Cons

    The Old Guard mentality is frightening. Women and minorities have a tough ride, despite Inga's attempts at expanding the diversity agenda. There is great animosity between 'Company' and 'Market', which each side blaming each other for the organisation's inability to improve efficiencies and retain market share. Every year or so there is a new futile attempt at modernisation which typically achieves very little... beyond increasing the share of liabilities in the balance sheet. Not odd, considering the old guard is still in charge of effecting changes designed to diminish their influence.

    Show More

    Advice to Management

    Senior Leadership - look for something better while you still have chances. Middle Management - retire.

    Lloyd's2019-07-24
  7. Helpful (1)

    "Good life balance, but lack energy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Actuarial in London, England

    I worked at Lloyd's full-time for more than 5 years

    Pros

    Work life balance is guaranteed

    Cons

    Limited young and diverse talent at senior posts.

    Lloyd's2019-05-30
  8. Helpful (2)

    "Good benefits no real opportunity for progression"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technical Support Specialist in London, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lloyd's full-time for more than a year

    Pros

    30 days annual leave and really generous benefits.

    Cons

    Management structure there to server management structure, little chance of progression.

    Advice to Management

    Rather than continually bringing in contractors maybe look at the capabilities of current staff, or at least go back to their CVs rather than assuming they are only capable of the work they are given.

    Lloyd's2019-04-18
  9. Helpful (1)

    "It tries to be better but fails"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lloyd's full-time

    Pros

    Good salary, good bonus, Central location, Reasonable benefits.

    Cons

    Very Hierarchical, Dull office design, Very political between teams

    Advice to Management

    Work to reduce the number of barriers between core teams working together. Try and foster a better working culture.

    Lloyd's2019-04-15
  10. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at Lloyd's full-time

    Pros

    - Lovely colleagues - Good work/life balance

    Cons

    -Hubs outside of London don't have career progression

    Lloyd's2019-03-25
Found 38 reviews