Markel Reviews | Glassdoor

Markel Reviews

Updated July 6, 2017
79 reviews

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

79 Employee Reviews

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Pros
  • Great corporate culture and work-life balance (in 6 reviews)

  • Good benefits and bonus structure (in 5 reviews)

Cons
  • More opportunities for advancement and for earning potential (in 3 reviews)

  • Lower than industry pay, bonus potential is good for underwriters but the goal is so out of reach that you will never come close to a decent bonus (in 4 reviews)

More Pros and Cons

  1. "Strong Culture and Great Benefits"

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

    I worked at Markel full-time

    Pros

    Great benefits and bonus structure.
    Stable company with strong leadership.
    Good stock loan options.
    Reputable company within the industry.

    Cons

    Compensation below market value.
    Can take a long time to advance.


  2. Helpful (3)

    "Associate Underwriter in Agriculture (previously Underwriting Technician for Markel Wholesale)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Underwriter in Glen Allen, VA
    Former Employee - Associate Underwriter in Glen Allen, VA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Benefits, Ability to change divisions after 6 months in a position if there is an available opening (but you are required to interview). I do believe there are lots of great divisions in Markel, and the company is VERY financially stable, but the two departments I worked in were not positive experiences.

    Cons

    Limited room for advancement depending on program/division, inefficient underwriting workflows, bureaucratic, compensation/salaries are lower than industry average (justified by a bonus that is not guaranteed and that fluctuates annually) with very small annual increases

    Advice to Management

    Upper level management should be more involved with day to day operations. Listen to your employees when they voice concerns (especially after multiple meetings). From my general understanding and conversations - employees prefer a higher annual salary to an uncertain bonus! Spend less time "preaching" about the Markel Style and actually embody it.

  3. "Manager IT"

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

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

    Pros

    Great people that care about company performance

    Cons

    Entrenched management with little strategic vision.

    Advice to Management

    Establish top down strategic vision


  4. "Good if not looking to advance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    I have been working at Markel full-time

    Pros

    Great PTO and relaxed workday.

    Cons

    No room to advance even if you try. Company offers flexible schedule which includes reduced full time & part time, but only certain people get it so benefits like these don't apply to all employees. Same for working remote.

    Advice to Management

    Help employees grow.


  5. "Data Analyst"

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

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

    Pros

    Work Life Balance is great

    Cons

    No room for career growth


  6. "Great companty"

    StarStarStarStarStar
    • 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 Markel full-time

    Pros

    Good pay and bonus program. Fortune 500 company.

    Cons

    Women are rarely given opportunities for advancement.


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

    StarStarStarStarStar
    • 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.

  8. "Great company"

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

    I worked at Markel full-time

    Pros

    decent pay for starting career

    Cons

    no advancement available, managers "want to hear" areas for improvement but do not take them into consideration


  9. Helpful (2)

    "Benefits Good. Hours Long. Stress High"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Omaha, NE
    Current Employee - Anonymous Employee in Omaha, NE
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Markel full-time

    Pros

    401k, Annual Bonus, Flex start time, Stock Purchase Programs, Work from home and remote employee opportunities, Paid parking, free coffee. Tuition assistance , short and long term disability. Medical, dental, vision plans. medical and transportation savings plans.

    Cons

    Deadline driven teams work 50 to 80 hour weeks. No Comp time, overtime pay or appreciation.
    Engineers who leave are replaced by off shore contractors. Contractor hours capped at 40.
    Plan time for downtown traffic and offsite parking.
    Deadlines maintain high level of stress
    Training and documentation not part of project timeline
    Difficulty scheduling PTO around deadlines
    Mid Level Management stated 40 hour work weeks are gone forever and anyone who doesn't like working under stress should reconsider their employment at Markel.

    Advice to Management

    Top shelf benefits package shows senior management values long term employees. Conduct surveys of employees to find pockets where the Markel style needs a reboot.


  10. "Employees are valued less"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Negative Outlook
    No opinion of CEO

    I have been working at Markel full-time

    Pros

    Good benefits and bonus structure. Good work life balance,

    Cons

    The culture is changing due to short term profit focus.


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