Willis Re Reviews | Glassdoor

Willis Re Reviews

Updated July 19, 2017
29 reviews

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3.2
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Willis Re CEO John Cavanagh
John Cavanagh
10 Ratings

29 Employee Reviews

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  1. "Great company to work for"

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

    I have been working at Willis Re full-time

    Pros

    Pay is good. Annual bonus and raise (depending on performance). Great learning opportunities.

    Cons

    Nothing really comes to mind.


  2. "Assistant"

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

    I worked at Willis Re full-time

    Pros

    Great teamwork, technology and benefits

    Cons

    very fast paced and long hours

  3. Helpful (1)

    "Good Ole Boys Club"

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

    Pros

    Its a fast paced, enjoyable work environment with interesting work projects

    Cons

    Like the title says, unless you're in the "gang" of friends running this place, don't expect to rise through the ranks. Nepotism is alive and well in the reinsurance industry


  4. Helpful (2)

    "Struggling Company"

    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
    Disapproves of CEO

    I have been working at Willis Re full-time (More than 3 years)

    Pros

    Ethical company with good client focus.

    Cons

    The merger with Towers Watson is causing major issues. New sales goals are not being met so people who leave are not being replaced, but no work has gone away.

    Management is very short-sighted. Not replacing positions will result in current clients suffering and existing employees leaving at greater rates. The combined benefits plan just announced gutted work-life balance and resulted in lower benefits in most areas. Benefits were already on the low side, especially pay as raises are almost non-existent.

    Systems are antiquated and processes are cumbersome.

    Advice to Management

    Invest in the future - systems and people.


  5. "n/a"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Willis Re full-time

    Pros

    have good benefits and paydates

    Cons

    very bad management - CEO, SVP


  6. Helpful (4)

    "Sinking ship"

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

    I worked at Willis Re full-time (More than 10 years)

    Pros

    Flexible work from home
    Slow work pace
    Convenient office location
    Generous PTO and unlimited sick days if you are not in U.S.

    Cons

    Lack of upward mobility
    Low salary
    Poor management
    Lack of transparency between business units
    Poor benefits for U.S. employees

    Advice to Management

    This company is going downhill since the former CEO left to work for a competitor. People have quietly resigned or let go without being replaced. Morale is very low and lack of transparency when working between business units as Willis Re is often forgotten. Top talents are leaving every month. Mid-year raise was promised and then cancelled.


  7. Helpful (2)

    "Reinsurance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Reinsurance Analyst in Philadelphia, PA
    Current Employee - Reinsurance Analyst in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people, great office, great leadership, and plenty of room for future growth within the company! I see nothing but a great environment to work in.

    Cons

    The only con I can think of is that the benefits aren't amazing. Although, with the recent Towers Watson merger, the benefit structure may vastly improve.

  8. Helpful (2)

    "Good place to work if you're a male or under 30, but if you don't fit into either demographic, best to look elsewhere."

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

    I worked at Willis Re full-time (More than 3 years)

    Pros

    - Relatively flat organization, but remains to be seen if that will remain with the recent merger talk
    - Market share is growing while competitor's market shares are shrinking.
    - Ambitious people

    Cons

    - Very much a "boys club" working environment
    - Fortune falls in the hands of a few at the expense of most
    - If you are tied to revenue, you can pretty much do what you want, and treat people how you want with limited repercussions.
    - Advancement limited for working moms (at least on the broking side).

    Advice to Management

    Implement a training or mentorship program for mid-level employees & try to curb the boys club behavior.


  9. "AVP"

    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
    Recommends
    Positive Outlook

    I have been working at Willis Re full-time (More than 3 years)

    Pros

    Good culture, Smart people, decent work life balance

    Cons

    Benefits aren't spectacular, pay is okay


  10. Helpful (3)

    "Talented people in a flat structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President
    Current Employee - Assistant Vice President
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Willis Re full-time

    Pros

    A lot of bright and talented folks who truly place clients' interests of the utmost importance. Managers are great people to work with in such a flat corporate structure with little bureaucracy. Great work/life balance with flexibility. Abundance of young talent with potential in every aspect of the company.

    Cons

    Compensation lags the industry despite receiving several consecutive outstanding annual reviews. Reinsurance business is growing at an unprecedented level even during a soft market, but senior management likes to blame retail for our lackluster raises each year.

    Advice to Management

    Give credit where credit is due - Reinsurance. There is no incentive to push harder and strive for growth when you keep blaming others (i.e. Retail and overseas) for giving us disappointing raises.


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