Starr Companies Reviews | Glassdoor

Starr Companies Reviews

Updated September 1, 2017
40 reviews

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Current Employees

3.3
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Starr Companies Chairman and CEO Maurice R. Greenberg
Maurice R. Greenberg
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40 Employee Reviews

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Pros
Cons
  • Everyone is a scapegoat because the upper management is afraid to tell the CEO the truth (in 5 reviews)

  • Little room for growth and very bureaucratic (in 3 reviews)

More Pros and Cons

  1. "Great opportunity for the right person"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriting Associate in New York, NY
    Current Employee - Underwriting Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    They take care of people who take care of them. Not a lot of hand holding when it comes to training, so if you can prove you have what it takes to figure it out on your own, you're golden

    Cons

    If you need training wheels, not the place for you

    Rigid day to day - business dress in NYC office - could be more flexible

    Advice to Management

    Get a work from home policy in place


  2. "Not too bad commercial insurance carrier"

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

    I have been working at Starr Companies full-time

    Pros

    Nice people, cooperative work environment

    Cons

    Bad management, buddy-buddy recruitment, small version of AIG

    Advice to Management

    Stop following AIG

  3. "It is a job"

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

    I have been working at Starr Companies full-time

    Pros

    good money
    get your hands into many different aspects of the business
    a lot of room for growth

    Cons

    all about the business, the humanity is removed
    it is all numbers, work done does not matter
    everyone is in over there heads with the work pile up

    Advice to Management

    stop working 20 hour days


  4. "Claim"

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

    I have been working at Starr Companies full-time

    Pros

    Salaries are competitive. Meaningless "career development" exercises are ignored.

    Cons

    No flexibility - you have to be in the office. Working offsite is unheard of (unless your immediate manager is cool about it)

    Advice to Management

    Its time to behave like a 21st century company, not a 19th century company.


  5. Helpful (3)

    "Underwriting Analyst"

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

    Pros

    Good pay and paid parking.

    Cons

    The higher your pay is the the greater your workload is. No formal training. if you are smart enough to negotiate a higher pay rate for yourself it is automatically assumed that you would not require or need any training. The overall environment is very clicky... Underwriters are very quick to throw an assistant or an analyst under the bus to home office or upper Senior Management. Too much nonsensical over documentation of files, checklist for checklist for checklists. Very much a do-as-i-say-not-as-i-do environment.

    Advice to Management

    Stop coming up with more ways to waste time. Invest in going completely paperless over all departments. Invest time in cultivating a culture that shows you really care about your employees starting from the technical assistance up. Stop spending so much time focusing on what everybody is doing wrong, encourage and support those that are doing something right! Crackdown on management that leads by intimidation instead of by example.


  6. Helpful (2)

    "Completely Backwards"

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

    I have been working at Starr Companies full-time

    Pros

    Growing, salary and benefits are average

    Cons

    More focused on pleasing the handful of executives than the hundreds of young talented employees that are the most valuable part of the company. So many older employees contribute next to nothing yet prohibit younger talent from gaining necessary experience. The Associates program is a joke, rushing kids through a year of training but by the time they are called "Underwriters" they can't do anything on their own. UAs get no respect for the sheer volume and difficult of work they do and the crap they have to put up with. The turn over rate is quite high considering the pay and benefits are above average because every employee here is viewed as dispensable.

    Advice to Management

    Invest more in attracting and RETAINING talent. Train new employees properly and stop holding back the ones that could actually provide real positive change to this company. A company's value is more than profitability, it is about the people that make the company run day to day. If people want to work from home let them! It's not like the company has any reason for people to want to come to work anyway - the offices are monotonous and morale is always low. The company provides no opportunities for employees to feel appreciated. For a company that prides itself on being the "new kid" it does very little to prove it is any better than the rigid AIG of late.


  7. Helpful (9)

    "Claims"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook

    I have been working at Starr Companies full-time

    Pros

    Excellent salary and benefits comparable to the rest of the market; challenging work

    Cons

    Females are treated as inferior, company-wide. Politics govern everything from work processes to promotions. Alliances weigh heavier than solid work performance.

    Advice to Management

    Review internal structure to ensure that women are appropriately positioned and represented at higher levels. Conduct regular audits to ensure that those in higher level positions are worthy of the title and promote those that have been erroneously kept behind.

  8. "Accounting Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Contract Analyst in New York, NY
    Current Contractor - Contract Analyst in New York, NY
    Recommends
    Positive Outlook

    I have been working at Starr Companies as a contractor (Less than a year)

    Pros

    Laid back environment and the work is not too demanding. People are easy to get along with and great work life balance. The office clears out by 5 PM sharp

    Cons

    Little room for growth and very bureaucratic. It takes too long to reach my own manager to answer a simple question

    Advice to Management

    Try to listen to your employees. Otherwise great work!


  9. Helpful (3)

    "Good people and company"

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

    Pros

    Lot's of good an interesting cooworkers. Plenty of work to do so never bored.

    Cons

    Small office without any room to grow.

    Advice to Management

    Invest more on internal talents and not poaching from AIG.


  10. "Underwriting Analyst"

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

    Pros

    Good work environment with plenty of room for growth. It is a growing company that values employees who work hard.

    Cons

    Upper management pushes unrealistic expectations on growth. Things are always changing which makes it hard to keep everyone on the same page.

    Advice to Management

    Let the company grow organically. Place the emphasis on profitability rather than accelerated growth. Back your employees when they make mistakes rather than just firing them.


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