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Clearwater Analytics (CWAN)

Engaged Employer

Clearwater Analytics (CWAN) reviews

3.5

60% would recommend to a friend

(905 total reviews)
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Sandeep Sahai

63% approve of CEO

59% positive business outlook

Clearwater Analytics (CWAN) has an employee rating of 3.5 out of 5 stars, based on 905 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Clearwater Analytics (CWAN) employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

905 reviews
1.0
Jan 17, 2018
Recommend
CEO approval
Business Outlook

Pros

You will work with some very smart developers and learn some great things depending on which team you get placed. The work life balance is fine and working downtown Boise is a double edge sword. If you like Java this is the place for you. The all employee meeting was amazing it really let you know how much the company does not care about you as an employee. They literally said "if you have a problem, look inside yourself to bring solutions to the problem and be happy" Then went on to say its ok to leave the company because it was none of their first jobs either.

Cons

You are not going to get paid what you are worth within the valley period. Clearwater has lost many great employees because once the employee refines any skills or gains any experience, firms in Boise will pay 20%-30% more to work for them. Clearwater's response will be "Great, here is the door thanks for working for us". This leads to a huge loss of knowledge on how systems work or should work and daily processes not working or getting completed. It will happen on more than one occasion you are going to learn something new about the system because none of original Software programmers will be on the team. This ends up with wasted resources trying to figure out how the system is “Supposed to work” vs how it actually does. There is lots of wasted man hours with useless programs that were created in house instead of using real programs, like visual studio. You will be working with in house created tools that don’t function the way they were designed because nobody who was there to design it is still on that team, or even with the company anymore. The company is extremely cheap with its resources, which is ironic because when Clearwater signs a huge deal (AIG) or gets bought out, they don’t reward the employees with a bonus or anything. Don’t expect the company to show any loyalty towards you, it is one of the many reasons that you will see the extreme turnover every year (25%-30%). If you can remember that you are not a unique snowflake and that the company is going to pay what they think is best, then you will be great! There is also a lot of infighting about which team should own what company process and so instead of trying to move along and fix problems teams will just say not my problem leaving you and your team to do their job. The best are the motivational emails about morale “BE A LOBSTER” it doesn’t make any sense then either I promise. All in all you will get to learn a ton because there is work to be done and almost everyone is within their first year or two. Situations to gain extremely valuable experience about technology or firms that Clearwater works with are prevelent and can be great learning tools. This is all unless you are a software developer. But you do get free coffee and can easily learn enough within two-three years to go make 30% more with another firm that’s not on fire all the time. So you have that going for you, which is nice.

3.0
May 5, 2022
Recommend
CEO approval
Business Outlook

Pros

Will never be required to overwork yourself, so if you can manage your time well and maintain boundaries you will have good work life balance. Building a financial accounting engine is far more interesting than supporting a random microservice in a huge ecosystem while also having more stability than a startup. The company is growing and will probably keep growing, which has pros and cons. The primary competition is big investment firms building better in house analytics tools (they aren't exactly known for good software prowess). Boise is a nice city with good parks, a little car-centric, but the "greenbelt" is a really nice green bike path along the river through many nice parks. It's an incredibly safe city with very low crime.

Cons

Rapid turnover and inability to retain talent or hire even mediocre developers. The brain drain is real and every team is understaffed. Will always be behind on your quarterly objectives as project managers schedule too much and don't budget in time for tech-debt or testing. There is way too much "reshuffling of deck chairs on the titanic" to try and get absolutely minor business needs out faster, rather than having a stable product that is built and deployed correctly. Executives are really tone-deaf and often snap at employee concerns that don't line up with their objectives. It's great for the CEO and his 50 million bonus (probably more money than they pay the entirety of development) if the company is growing but the employees aren't seeing any of that. They act like they are employee-centric but are just going through the motions and giving out t-shirts mostly. They are not doing anything unique or deciding anything for themselves, everything is "this is what other companies are doing so it's what we are doing" Outsourcing to india is causing huge communication concerns, some services we used literally had no contact or ways to contribute. I could barely communicate with half my team. The infrastructure teams have so much outstanding work that it's impossible to get help even setting up services or understanding how they want them connected. When you do get someone, the response will likely be "I don't know, figure it out" They try to have a "startup" attitude toward hiring and retaining developers. I am sorry but CW is a corporation now, they need to get with the program people are not going to be working out of passion anymore. You will have to fight and claw for compensation, make sure you are getting offers from other companies somewhat frequently. I was not impressed with the recruiters at CW or the internal growth opportunities. Boise is getting a lot more expensive to live in. Make sure your numbers are up to date before relocating.

2.0
Feb 23, 2022
Recommend
CEO approval
Business Outlook

Pros

Great people and a great product. The people that you interact with are typically very smart and helpful.

Cons

Ever since the company decided to go public two years things have gone downhill for the employees. While the C-Suite pulls in millions every year, they can "barely afford" to give the rest of the company a raise. The company struggles with work-life balance, competitive pay, retaining talent and a toxic culture. I tried for a year to make it work, but it unfortunately didn't work out. My advice is to look for a different company to work for. Clearwater is hiring like crazy because they can't retain people.

Viewing 13 - 15 of 905 Reviews

Glassdoor has 945 Clearwater Analytics (CWAN) reviews submitted anonymously by Clearwater Analytics (CWAN) employees. Read employee reviews and ratings on Glassdoor to decide if Clearwater Analytics (CWAN) is right for you.