Risk Management Solutions Reviews in Newark, CA | Glassdoor

Risk Management Solutions Newark Reviews

Updated March 14, 2017
106 reviews

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Newark, CA

2.4
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Risk Management Solutions President Hemant Shah
Hemant Shah
75 Ratings

106 Employee Reviews

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Pros
Cons
  • Large iniative to roll out new flagship product RMS One, bombed in Apri 2014 (in 12 reviews)

  • Work life balance is pretty bad (in 6 reviews)

More Pros and Cons

  1. "Support Product Management"

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

    I have been working at Risk Management Solutions full-time (More than 8 years)

    Pros

    Many people at RMS have worked there a long time, which gives you the opportunity to build good relationships.

    Cons

    In the past few years, the software dev leadership has been in turmoil, but this seems to be stabilizing.

    Advice to Management

    Keep employees informed.


  2. Helpful (12)

    "Find something better"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Newark, CA
    Former Employee - Software Engineer in Newark, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Risk Management Solutions full-time (More than 3 years)

    Pros

    Free lunch on Thursdays.

    Commute.

    You will be well trained in company politics at all levels. Which could very well be useful down the line in your own career.

    Cons

    Work life balance is pretty bad. I felt overworked and underpaid most of the time there.

    You will be told "It's a big company that still wants to operate like a startup". Which basically means you will work like you are in a startup but you wont get any richer if the company succeeds. Though you will face the axe if the company fails.

    There is always a ton of work to do so it makes it hard to take time out and look for other opportunities. Think twice about this before getting stuck in this quicksand.

    Advice to Management

    Work on building solid company culture. It feels like a bunch of school kids are running the show.


  3. Helpful (18)

    "CEO on a hamster's wheel !!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Cloud Engineer in Newark, CA
    Former Employee - Cloud Engineer in Newark, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Risk Management Solutions (More than 3 years)

    Pros

    Good pay with good perks!

    Cons

    CEO has lost his mojo!
    Seems to be on a hamster's wheel now. Continues to rejig his team every 6 months but with same end result....no delivery of key cloud platform or increase in sales.
    The Service, Sales, and Cloud delivery teams are in complete disarray and DMGT will be well served now replacing the CEO for his failed execution.

    Advice to Management

    Stop acting like a hamster on a wheel.
    DMGT should take the tough call to replace the CEO!


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  5. Helpful (2)

    "Good People"

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

    Pros

    Great group of people. So much talent. Flexible Hours.

    Cons

    Too much turnaround. Too much uncertainty.

    Advice to Management

    I'm not sure what you're doing but I hope it works out.


  6. Helpful (12)

    "Only Dark Clouds for the Cloud Strategy!"

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

    I worked at Risk Management Solutions full-time (More than 5 years)

    Pros

    Good perks low bar to work

    Cons

    RMS CEO initiated transitioning the company to a Cloud based Service Provider about 5 years ago!
    The CEO has made a lot of changes along the way, fired a lot of top management brass but the outlook still remains dark.
    The team has only been able to virtualize systems and that is now Cloud!
    It is time that CEO takes a step back and bring in the Real Cloud Team and stop wasting millions on his failed strategy!

    Advice to Management

    It is time DMGT board considers replacing the CEO that has continually failed for now more than years!


  7. Helpful (1)

    "Big Dreams and Smart People"

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

    I worked at Risk Management Solutions (More than 3 years)

    Pros

    The company is filled with smart people who know both the product and the customers extremely well.

    Cons

    Frequent organization changes and strategic setbacks.


  8. Helpful (13)

    "What the......You can't cut your way to growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Newark, CA
    Current Employee - Anonymous Employee in Newark, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Risk Management Solutions full-time (More than 5 years)

    Pros

    Great science, incredibily bight employees who care and a great mission.

    Cons

    The focus has become cost driven not growth and innovation. CEO needs to run the company not the CFO. The employees are taking the biggest hit. The CEO let the two executives, GC & HR Execs, who were the biggest employee advocates leave the company.

    Advice to Management

    Be clear about strategy. Start caring about the employees and talking to us. We are smarter than you give us credit for. You can't do it without us. Stay focused and don't over commit. Read these reviews..there is a trend.


  9. Helpful (12)

    "Declining prospects"

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

    I worked at Risk Management Solutions full-time (More than a year)

    Pros

    A lot of Silicon valley companies that are growing and hiring haven't heard of RMS. Look at the cons section on why this is a pro. As a wise president once said, the sun always rises in the morning. Even if this company is going nowhere with a bunch of incompetent crooks. They did fire a bunch of them but have no path to success.

    Cons

    The company's reputation is so poor that many people who have heard of it associate you with being a low performer with bad ethics. So, it is great to interview with rapidly growing companies that haven't heard of this one. The egos of some of the people remind you that they are probably lacking in some other areas. Take a look at some of the people who have spent a lot of their career here in the model development group and you will see why they are there - nobody else would hire them at a comparable position or pay them a market salary.

    Advice to Management

    I'd like to offer you more money so that you can squander it. Unfortunately, I am paid too little to be able to do that.


  10. Helpful (19)

    "RMS and its CEO out of options!"

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

    I worked at Risk Management Solutions full-time (More than 3 years)

    Pros

    Good pay with free snacks!
    No pressure on Cloud Development and Ops teams!

    Cons

    The atmosphere is highly vitiated and politically charged -- small pond with big egos!

    CEO continues to make blunders every few months by changing the top brass but no changes are felt on the ground

    RMS is a modeling company trying to dabble as a services company in cloud and that effort has been a fiasco even after several million dollars of investment. A .NET based cloud investment over 2-3 years costing a few million dollars was scrapped for java. This initiative lasted a few years and now they are back working with .NET

    Its a sad and distressing tale of musical chairs where leaders continue to change leading to loss of morale and $$

    Advice to Management

    CEO should just concentrate on Modeling and try improving languishing sales.
    Stop focusing on Cloud and be transparent with the customers and employees
    Remove poor and failed leadership in Cloud Development and Ops and nix this money draining operation


  11. Helpful (17)

    "The CEO should look himself in the mirror!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Cloud Ops Platform in Newark, CA
    Former Employee - Cloud Ops Platform in Newark, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Risk Management Solutions (More than 3 years)

    Pros

    If you need training in politics join RMS!
    They pay you while learning the art of survival

    Cons

    RMS has been meandering aimlessly for the past 4 years without making any dent into its aspirations to transform the insurance risk industry

    CEO has made several dumb decisions in scrapping RMS One cloud iteration in favor of new technology proposed by an equally dumber new CTO that they hired from Colorado

    The CEO should look himself in the mirror and focus on core modeling capabilities than dabble in Cloud Technology that he does not understand and nor the bevy of high paying developers on the rolls who have been toiling away for more than 3 years with no success

    Should look at outsourcing both the development and the Cloud Ops team and focus on modeling

    Advice to Management

    Stop throwing good money on dumb decisions!



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