Markel Reviews | Glassdoor

Markel Reviews

Updated April 24, 2017
71 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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Approve of CEO
Markel Chairman and CEO Alan I. Kirshner
Alan I. Kirshner
46 Ratings

71 Employee Reviews

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Pros
  • Great corporate culture and work-life balance (in 4 reviews)

  • Great benefits and friendly co workers (in 4 reviews)

Cons
  • Losing large numbers of underwriters and not filling those positions, rather pushing more responsibilities on support staff (in 4 reviews)

More Pros and Cons

  1. "For the last 15 years my time has been very good."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claim Examiner in Richmond, VA
    Current Employee - Claim Examiner in Richmond, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Markel full-time (More than 10 years)

    Pros

    Markel truly is an excellent company. They care about their employees. We are a Fortune 500 company and a very charitable company as well.

    Cons

    The company is excellent and sometimes as in many companies, the problem could be who you work for. I wish the percentage of raises were better.


  2. "Great company, but not a lot of career opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Red Bank, NJ
    Former Employee - Underwriter in Red Bank, NJ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Markel full-time (More than 3 years)

    Pros

    Great corporate culture and work-life balance. Plenty of great co-workers and managers looking our for your well-being. Upper management doing a great job of building value in the company itself.

    Cons

    As a publicly-traded company, shareholders are priority number one, not the employees. Treated as dispensable and under compensated compared to the competition. Alarming amount of nepotism as the best people are frequently overlooked for positions. Losing large numbers of underwriters and not filling those positions, rather pushing more responsibilities on support staff.


  3. "Underwriter - Trainee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter Trainee in Plano, TX
    Former Employee - Underwriter Trainee in Plano, TX
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    If you enjoy the insurance industry, this is a great place for you. Engaging, challenging, requires close to an eidetic memory

    Cons

    Cutthroat work environment, be careful what you say to whomever, favoritism by management


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  5. Helpful (1)

    "Changing Culture in IT"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Business Analyst in Glen Allen, VA
    Current Employee - IT Business Analyst in Glen Allen, VA
    Approves of CEO

    I have been working at Markel full-time (More than 10 years)

    Pros

    Good benefits and bonus structure

    Cons

    Changing culture and outsourcing leading to employee dissatisfaction and morale issues.

    Advice to Management

    Reconsider the outsourcing of extensive system knowledge to a third party just to save money today.


  6. "Director, Corporate Real Estate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director, Corporate Real Estate in Richmond, VA
    Current Employee - Director, Corporate Real Estate in Richmond, VA
    Approves of CEO

    I have been working at Markel full-time (More than 5 years)

    Pros

    Great long-term values and culture
    Great financial performance over a long period of time
    People have fun and like trying new things

    Cons

    People don't retire; can make it take longer to "move up"
    Not a lot of formal career guidance/talent management, but that's changing for the better.
    Airline flights are not easy from Richmond.


  7. Helpful (1)

    "Underwriting Technician"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Henrico, VA
    Former Employee - Anonymous Employee in Henrico, VA
    Doesn't Recommend

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

    Pros

    There are no pros un less your a college student. They bring in college students and push out the older employees.

    Cons

    They pushed me out of my position!

    Advice to Management

    Treat people like people NOT numbers or objects!


  8. "Claims"

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

    I worked at Markel (More than a year)

    Pros

    Strong leadership with open lines of communications

    Cons

    none that should be concerning to others

    Advice to Management

    continue current path


  9. "Claim Examiner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Claims Examiner in Glen Allen, VA
    Current Employee - Senior Claims Examiner in Glen Allen, VA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Markel (More than 5 years)

    Pros

    Great benefits and friendly co workers

    Cons

    Claim management is out of touch with their staff. Examiners work in multiple systems which creates inefficiency. Overhauling claim system is not a priority. With system limitations, expectations/ objectives are not achievable. We have moved from a claims department where expertise was valued into a department where we feel we are just a number.

    Advice to Management

    Seek input from claim staff.


  10. "Markel"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Treasury Analyst in Glen Allen, VA
    Former Employee - Associate Treasury Analyst in Glen Allen, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great team. Great work environment. Salary was good. I enjoyed my time there. The campus is beautiful.

    Cons

    Their data storage and operations are sometimes fragmented and difficult to work with

    Advice to Management

    Keep up the good work. The company is great and I enjoyed my time there.


  11. "Markel"

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

    Pros

    Facilities are nice. Campus in Richmond is very nice. There are a great deal of people being promoted or at the management level.

    Cons

    Not the best compensation. Too many long term employees with very little initiative or motivation. Seems like they're stuck in the nineties.

    Advice to Management

    Maintaining the status quo is not the way to get ahead in this industry. There needs to be new ideas and fresh blood.


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