OneBeacon Insurance Group Reviews | Glassdoor

OneBeacon Insurance Group Reviews

Updated October 29, 2017
50 reviews

Filter

Filter

Full-timePart-time

2.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
OneBeacon Insurance Group President, CEO, and Director Mike Miller
Mike Miller
20 Ratings

50 Employee Reviews

Sort: PopularRatingDate

Pros
  • Most positions allow the flexibility to work from home (in 3 reviews)

  • Great people and culture, and awesome atmosphere to work at (in 3 reviews)

Cons
  • Used to be a great place to work but now a sweat shop and full of newbies who don't understand the product lines (in 2 reviews)

  • No training programs/ mentoring (in 2 reviews)

More Pros and Cons

  1. "Sr. System business analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Canton, MA
    Former Employee - Senior Business Analyst in Canton, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at OneBeacon Insurance Group full-time (More than 10 years)

    Pros

    Provided ample opportunity to learn. Expanding specialty lines market. Career oriented to foster well developed work force

    Cons

    Scaled back to focus on specialty lines.


  2. "Actuarial Intern"

    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

    Pros

    Great people and culture, and awesome atmosphere to work at. Work was interesting.

    Cons

    Not much to complain about at all.

  3. "Claims Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Assistant in Brentwood, TN
    Current Employee - Claims Assistant in Brentwood, TN
    Recommends
    Positive Outlook

    I have been working at OneBeacon Insurance Group full-time (More than a year)

    Pros

    Friendly Employee's, Great management, Good environment.

    Cons

    Pay Rate is a bit low

    Advice to Management

    Nothing they are awesome


  4. "Sr admin"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Systems Administrator in Canton, MA
    Former Employee - Senior Systems Administrator in Canton, MA
    Recommends
    Approves of CEO

    I worked at OneBeacon Insurance Group full-time (More than 10 years)

    Pros

    A lot of opportunities

    Cons

    Oncall all the time people making the calls need to advance

    Advice to Management

    Focus on current activities


  5. "Not good if you are a person"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Claims Representative
    Former Employee - Senior Claims Representative
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at OneBeacon Insurance Group full-time (More than 3 years)

    Pros

    OneBeacon definitely has an eye on the bottom line.

    Cons

    OneBeacon is first and foremost a financial entity.

    In the four years that I worked with them, I was below the minimum for my pay grade despite the fact that I was cited for excellent performance.

    The company does not care about persona issues whether a death in the family or eldercare situations or illness.

    The bottom line is its main concern. Employee issues are not important to them. They have a long history (prior to my employment there) of lying to its employees, disregarding procedures, and eliminating anyone that does not stack up. A good example of the company's method of operation comes from their Commercial Union's merger with General Accident (the company became, ultimately, OneBeacon). GA employees were told that if they stayed with OneBeacon for five years, rather than find other jobs in the wake of the merger, they would receive a significant monetary reward, whether pension vesting or otherwise. The significant majority, if not every person (I believe it was each employee) was terminated prior to the five year mark.

    Advice to Management

    Where to start...


  6. Helpful (1)

    "Great Beginning, Disappointing Ending"

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

    I worked at OneBeacon Insurance Group (Less than a year)

    Pros

    Decent salary and bonuses, PTO unlimited for certain job grades. Most positions allow the flexibility to work from home.

    Cons

    For the first several years I was part of the professional liability division, which had an unusually different culture from other carriers in that they cared about cultivating talent and inspired and rewarded their employees for achieving more than the status quo. There was also a willingness to entertain creative solutions and thinking outside the box in order to promote growth. This division was essentially was dissolved and whichever employees survived were absorbed into OBIG. Unfortunately OBIG culture was not any different from the typical carrier atmosphere - where politics and tenure, rather than one's qualifications, gets you promoted. Not much emphasis on creative solutions or growth. Not the type of culture that was a fit for me coming from where I did.

    Advice to Management

    The company touts itself as a specialty insurer, however there's really nothing anything different or "special" about its appetite, coverage or services that other competitors aren't already doing. This made it particularly tough when selling the product to brokers/insureds. Need to find a creative niche that will actually resonate with brokers/insureds, otherwise growth will be impossible, flat will be hard to maintain, and decrease in business will be likely.


  7. "Growing pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at OneBeacon Insurance Group full-time

    Pros

    Good people, benefits and work environment.

    Cons

    OBPI was looking to do things right, but loss ratios went sideways causing a restructuring.

  8. "Underwriting Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriting Assistant in Bristol, CT
    Current Employee - Underwriting Assistant in Bristol, CT
    Doesn't Recommend
    Neutral Outlook

    I have been working at OneBeacon Insurance Group (Less than a year)

    Pros

    I truly cant think of any.

    Cons

    Management proclaimed not to be in favor of gossip, however once started, realized the next level managers were the ringleaders, and if you stayed out of the gossip, you were quickly out of the "club".

    Advice to Management

    They went under new management, who fired the managers Im referring to so they may have cleaned it up by now.


  9. Helpful (2)

    "Worst Mistake of My Life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Master Underwriter in New York, NY
    Former Employee - Master Underwriter in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at OneBeacon Insurance Group full-time (Less than a year)

    Pros

    The president who hired me and the benefits package was good.

    Met some nice people that I'm still in contact with

    Cons

    * They fired the president who hired me within the 3 months I was with the company.
    * Poor management (if they ever showed up to the office)
    * No training programs/ mentoring
    * Unprofessional management

    Advice to Management

    Hopefully they hired good people. As the team I worked with all moved to another company at the same time. That's probably a blessing in disguise.


  10. Helpful (1)

    "Not A Place For Intelligent People - You Decide....."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Underwriter in Farmington, CT
    Former Employee - Senior Underwriter in Farmington, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None to speak of - all the good employees and managers are gone....

    Cons

    Company is inconsistent, management that does not understand core business. Farmington people are drones. Previously marketing driven with no regard for underwriting integrity. Used to be a great place to work but now a sweat shop and full of newbies who don't understand the product lines. Brokers only do business with the company because they know they can dump garbage on the green underwriters.

    Advice to Management

    No comment. Not going to suffer the fools. Would give NO rating if possible.


Showing 50 of 53 reviews
Reset Filters