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Everest Re Group

Is this your company?

The IT runaway freight train. - IT Everest Re Group Employee Review

1.0
May 16, 2017
Recommend
CEO approval
Business Outlook

Pros

Good location, good non-management employees, the company financials are solid, CEO seems down to earth when he speaks, and easy commute.

Cons

The IT morale at Everest is at an all time low. You have employees that have been there 20+ years leaving, and some of them not even having a job lined up yet, but they just can't take the stress. The new CIO is more concerned with making the CEO happy than keeping his team (IT) happy. He has told all of IT in a department meeting that they everyone's performance rating is as a 2 (needs improvement) for 2017 and until you prove otherwise, you will be a 2. He published a slide deck for the CEO on all the things he changed in his first 100 days, (And no the CIO is not Donald Trump) Since he arrived all openings are to be filled from the outside and there are no promotions within. Unless you are applying for your dream position, be cautious as Everest could be a career killer. There are a ton of new projects kicking off, but the project deadlines are just ridiculous. You have the same people working on 12 projects which are all priority and have to be completed by tomorrow. The VP's are afraid to tell the CIO it cant be done for fear of losing their jobs, so they tell the employees to stay late, come in early, work weekends, and get it done in any means possible. 3 VP's have left since this all started. A contract was signed for over 100 off shore resources. It is to early to tell what that will mean to full time employees. Be cautious accepting a position in IT and make sure to ask the hiring manager all of your questions including why the position was not filled from within.

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Everest Re Group Response
9y
Thank you for sharing your feedback. Our new CIO has been focused on bringing new technologies that will benefit the organization, both internally and externally. We do understand that change is difficult, and we never want to hear that someone left our organization with a negative impression. Since our new CIO has joined there has been some natural attrition, but we have not seen a major spike in turnover. Additionally, we have recently promoted a number of employees on the Technology team, and always consider both internal and external candidates for our open roles while the organization continues to grow. Our CIO and the ETS team are continuing to focus on employee development and providing employees within the group the tools they need to be successful, but please know that we are sharing your feedback appropriately so that it is addressed.

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