Tower Group (New York) Reviews | Glassdoor

Tower Group (New York) Reviews

50 reviews

Filter

Filter

Full-time Part-time

2.5
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
(no image)
William W. Fox, Jr.
2 Ratings

50 Employee Reviews

Sort: Popular Rating Date

Pros
  • fast paced, challenging, cutting edge (in 3 reviews)

Cons
  • The company is acquiring too many companies too fast, leaving too little time to effectively integrate before aquiring another company (in 2 reviews)

More Pros and Cons

  1. "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Claim Adjuster in Melville, NY
    Former Employee - Claim Adjuster in Melville, NY
    Recommends
    Positive Outlook

    I worked at Tower Group (New York) full-time (More than 5 years)

    Pros

    Pleasant staff,nice surroundings as the office is new.Co-workers are easy to work with and there is a great deal of team spirit.

    Cons

    Management at times operates with blinders on.

    Advice to Management

    Pay more attention to whats going on in the claim offices.


  2. "Good while it lasted"

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

    Pros

    smaller company, good benefits, commitment to the community with volunteerism, strong conversion rate for interns, nice location, well know in the industry

    Cons

    business bought by another company, did not perform well in the end, lack of transparency from the top down, lack of communication from the top down

  3. "6 Months"

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

    Pros

    Nice people, good work environment.

    Cons

    Not enough movement. Too many people doing jobs they were not hired to do.

    Advice to Management

    Let the people do the job they were hired for.


  4. Helpful (1)

    "Nice place to work"

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

    I worked at Tower Group (New York) full-time (More than 10 years)

    Pros

    Good strategic plan for future business growth.

    Cons

    The company was growing to fast and was not up keeping up with the internal demands. Management was not transparent.

    Advice to Management

    Transparency is key for a successful business strategy. Transparency is for all levels els not just senior management if you want successful outcomes.


  5. "appl. engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - App Engineer in Chicago, IL
    Former Employee - App Engineer in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    I worked at Tower Group (New York) full-time

    Pros

    Ok to work for, good benefits

    Cons

    Small company, poor managment, occasionally could work from home.

    Advice to Management

    Well, company does not exist any longer.


  6. "Premium Auditor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Premium Auditor in Chicago, IL
    Former Employee - Premium Auditor in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    I worked at Tower Group (New York) full-time (More than a year)

    Pros

    Great people. Pretty good benefits.

    Cons

    financially unstable. seeking growth by taking over companies w/out making sure they can handle what is on their plate. Compensation increases/bonus is nonexistant


  7. "Great company and great people to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter Trainee in Irvine, CA
    Former Employee - Underwriter Trainee in Irvine, CA
    Recommends
    Negative Outlook

    I worked at Tower Group (New York) full-time (Less than a year)

    Pros

    Friendly people, great compensation and benefits

    Cons

    Job security can be volatile

  8. "Worst working experience in my career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Tower Group (New York) full-time (More than 5 years)

    Pros

    Was able to meet some quality people who were smart and hardworking.

    Cons

    Internal politics. Upper management more interested in their quarterly EPS rather than caring for their employees work-life balance. Lack of accountability and support from upper management. Upper management is great at the blame game.

    Advice to Management

    Total lack of leadership from upper management. Lack of sound fundamental business model. Terrible terrible execution of its organic and acquired businesses As a result, company is in a spiral slow demise.


  9. "Good place to learn and move on"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Property Field Adjuster in New York, NY
    Former Employee - Property Field Adjuster in New York, NY

    I worked at Tower Group (New York) part-time (More than a year)

    Pros

    Good learning experience, managers are helpful. Good Training, good fundamentals.

    Cons

    Bad middle Middle Management, they dont help you. Managers help you but they stab you in the back.
    High volume of claims, impossible to be current.

    Advice to Management

    Be more helpful to the field adjusters


  10. "A sad story"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Tower Group (New York) full-time (More than 3 years)

    Pros

    When I joined, the team was great and the company was focused on growth. There was a lot to do and fix, but there was great optimism.

    Cons

    After the company experienced financial difficulties, everything fell apart. The team did not band together. The environment became very ugly and secretive.

    Advice to Management

    Improve your communications.


Showing 50 of 56 reviews
Reset Filters