MSMM Reviews | Glassdoor

MSMM Reviews

Updated October 8, 2016
6 reviews

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2.6
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Yoshiaki Shin
1 Rating

Employee Reviews

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  1. "Commercial Underwriting"

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

    I have been working at MSMM full-time (More than a year)

    Pros

    Lots of underwriting authority granted, management is engaged and supportive of decisions made, nice 401K bonus on top of cash bonus, management does not hover over your desk they respect your work ethic unless you give them a reason not to trust that your work isn't getting done.

    Cons

    Way behind the times in technology, ALL PAPER COMPANY, that's right everything is still a paper file but we've been told it is about to change, they don't allow work from home unless you are able to negotiate it during interview process and the COO is highly against it. Wish the top management was forward thinking in allowing more autonomy with employees in working from home. If we were granted WFH access and they updated an underwriting workbench solution I would give 5 stars.

    Advice to Management

    update your systems now, you will have an extremely difficult time keeping younger talent around without a fully automated electronic file/underwriting system. Allow employees to work from home one day a week. You are underestimating the morale boost this can give your workforce please research it, there are tons of articles and studies on this. WFH one day a week will not take away the ability to work as a team and bounce ideas off one another in today's tech world.


  2. "Commercial Underwriting Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Schaumburg, IL
    Former Employee - Anonymous Employee in Schaumburg, IL
    Positive Outlook
    No opinion of CEO

    I worked at MSMM full-time (More than 5 years)

    Pros

    Coworkers were great to work with

    Cons

    Senior management not really accessible to outlying offices nor aware of their concerns.

    Advice to Management

    Remember you have good employees outside of New Jersey


  3. "Dishonest"

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

    I worked at MSMM (More than 10 years)

    Pros

    Its difficult to think of Pros for a company that does to its employees what this company did to me.

    Cons

    Dishonest management in the IT dept, let me go 7 years after I was forced out of a position promised to me by the CEO of the company.


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  5. Helpful (1)

    "Lots of silos, workload not evenly shared, some toxic leaders"

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

    I worked at MSMM full-time (More than 5 years)

    Pros

    Location, some of the people are nice.

    Cons

    Works isn't evenly distributed, with some people working terrible hours while others leave at 4. Japanese staff don't associate with U.S. staff, going to lunches as a unit. Two classes, Japanese and non Japanese.

    Japanese management changes every 4 years which results in them being afraid to take risks or make a positive impact. They come for 4 years, try not to rock the boat, and go back to Japan.


  6. "Very nice people"

    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 MSMM (More than 5 years)

    Pros

    Very stable company, good culture. We have a new president recently so something's has changed but perhaps for the better.

    Cons

    Compensation is reasonable for its midsize. There have been some turnovers and tightened up of expenses. Its not too bad overall.


  7. "Not willing to adapt"

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

    I worked at MSMM full-time (More than a year)

    Pros

    Benefits & PTO is very good

    Cons

    Management is not willing to listen to ideas and or grow with the market