Starr Companies Reviews | Glassdoor

Starr Companies Reviews

Updated December 15, 2017
82 reviews

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3.0
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Starr Companies Chairman and CEO Maurice R. Greenberg
Maurice R. Greenberg
3 Ratings

82 Employee Reviews

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Pros
Cons
  • Senior management does not seem to care about you and does not want to reward their employees for doing well (in 5 reviews)

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

More Pros and Cons

  1. "Good Company"

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

    Pros

    A good company with lots of recourses.

    Cons

    This company can be more influential.


  2. Helpful (1)

    "Worst company to work for-- do not work here!!!!"

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

    I worked at Starr Companies full-time

    Pros

    There aren't many. It's 9-5 which is nice. Taking vacation is relatively easy. It's a decent learning experience (mostly learning what not to do to run a company).

    Cons

    Where do I start? Management is an utter disgrace. Many managers should not have that title and should not be allowed to manage. They micromanage and make employees' lives miserable and then wonder why you're not happy at your job. Some are insecure that those below them will succeed so they try to undermine them. When people try to complain about their managers, no one does anything to fix the problem. People at this company are generally very stupid, it was very hard to work with them. The pay is terrible. Senior management does not seem to care about you and does not want to reward their employees for doing well. HR does nothing with complaints.

    Advice to Management

    Put some money into infrastructure and in to training your managers so that people's lives aren't as miserable. They should pay their employees better so people want to stay at the company. Also, try to higher smarter people!!!

  3. Helpful (1)

    "Underwriting Assistant - The job you definitely don't want"

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

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

    Pros

    Jeans days, summer Fridays you often got to leave an hour early, long lunches are okay

    Cons

    Extremely boring and HR will tell you anything you want to hear to get you in the door. There is absolutely no "team" environment. People barely talk throughout the day unless its about two words on work. I was told that everyone hangs out after work, there's tons of company events, and its just a fun place to work in general. I was also told people quickly get promoted. It didn't seem like there was a path to promotion anywhere as there are absolutely no new responsibilities or chances to go above and beyond and coworkers in similar jobs had been in the same job for ages. Work is very slow (many days where I only had five minutes or work to do and I'm not exaggerating) and if you ask for more responsibilities or if you can help anyone else with anything you're scolded because you should be able to find things to do on your own. Employee reviews and goals were never given despite being told I'd get them many times. Employers don't even want to hear your goals because it's their job to set them, not yours. I wouldn't recommend this job to anyone ever.


  4. Helpful (4)

    "A nightmare lesson to be learned from."

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

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

    Pros

    They issue paychecks on time. If a holiday falls on a Monday, they let out early the preceding Friday. Everyone is on a first name basis.

    Cons

    This was a terrible place to work, and as long as I live, I'll never forget it for only that sole reason. I started here young and naively vulnerable in the corporate world yet very bright and highly motivated at the very beginning of my career. They took great advantage of all of this from me. Ever since, this company has become my exemplary model for where I DON'T want to work as well as the basis for all the workplace warning signs which I now recognize going forward. Stifling, intense corporate politics and unnecessary drama created a regularly drab and dismal atmosphere. Unprofessional management whose sole aim was to intimidate, undermine and demean their employees in exchange for needing their egos constantly stroked. No training offered for underwriting or administrative roles at all. Don't dare ask for training or assistance with anything otherwise you will be scolded & humiliated by upper management, and this will all be made into a public example among your department. Don't ever try to even slightly defend yourself from their insults and foul language, otherwise you will be perceived as a threat and threatened with being reported to HR. This is also what will happen if you try to suggest any good work-related ideas for the company. Corporate racism is rampant here-- minorities are not promoted to higher positions no matter how hard they work and how well they do; instead they watch their Caucasian counterparts vetted, promoted above them and easily groomed for management roles with no experience, training or even slight interest in promotion. At the very best, they'll offer you a "promotion" to a new title with more work/responsibilities and no salary increase. All of this is more than common at Starr. Management is infamous for making frequent threats, lies and broken promises to their employees. Greed, nepotism, under the table deals and criminal activity are also very common and quite blatant at this level. One manager I worked for was embezzling money directly from the company, He threatened and harassed anyone who was on to him. This place needs a serious audit by the IRS and an investigation by the FBI. To this day, one of the best decisions I ever made in my life was to leave this place, and I am happy to have been made wiser from this experience not have had such another horrible experience since.

    Advice to Management

    Get over your petty selves. Otherwise, quit your jobs and go work as prison guards.


  5. Helpful (1)

    "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


  6. Helpful (1)

    "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


  7. "Employee Review - Senior Underwriter - London Office"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Underwriter in London, England (UK)
    Current Employee - Senior Underwriter in London, England (UK)
    Recommends
    Positive Outlook

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

    Pros

    An entrepreneurial company where the right employees can make meaningful impact to company strategy and results.

    Cons

    It’s a lean organization which requires the best from its employees. This is a good thing but does separate the wheat from the chaff.

  8. "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


  9. Helpful (1)

    "Not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    There aren't many. In the past a lot of freedom was given to employees, not so much anymore.

    Many staff are genuinely smart and knowledgeable about their fields but seem not to be utilised effectively by senior management.

    Cons

    -Nazi management style.
    -Neposistic hiring policy particularly poaching from AIG most of whom would not get jobs anywhere else.
    -Managers have built empires and unwilling to change.
    -More IT than insurance people.
    -Company does the bare minimum to satisfy stakeholders rather than look to be leaders in the industry.
    -Pay is poor compared to peers, bonuses poor and no share scheme to incentives employees for the long term.
    -Tends to hire mediocre people because they have less chance of leaving shortly after.
    -No ideas or growth plans from management.

    Advice to Management

    -Resign and give a competent management team a chance.


  10. Helpful (1)

    "Innovative, supportive and driven in its desire to be at the forefront of the Insurance Industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Line Manager in London, England (UK)
    Current Employee - Line Manager in London, England (UK)
    Recommends
    Positive Outlook

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

    Pros

    Large youth culture which Starr strives to support by encouraging and rewarding their study towards the ACII. Active encouragement of all employees CPD. A great balance of ethnic cultures and broad age ranges leads continuous evolution and ideas with market driven targets and cultural changes always leading the way forward. Starr also has a family culture that encourages employees to socialise together

    Cons

    To shine in such a large company of strong personalities can sometimes be difficult and leave the quieter or more shy people behind, occasionally missing great and creative ideas. Some managers can sometimes be guilty of turning a blind eye to employee conflicts or personal problems. If someone resigns, bad managerial attitudes have a negative effect on the team as a whole

    Advice to Management

    Pay attention to all your team members and not just those who shout the loudest. Be aware of personality changes and address conflicts and staff personal problems to create a positive and happy environment.


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