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Everest Re Group

Is this your company?

A bureaucratic mess - Manager Everest Re Group Employee Review

1.0
Jul 9, 2020
Recommend
CEO approval
Business Outlook

Pros

Relatively nice people below management level

Cons

Years of underinvestment in multiple areas meant the long serving staff are used to things being done on a shoestring. In more recent years, very significant sums of money have been thrown at vanity projects with the main intention being to make senior management look good rather than any meaningful improvement. The company is bereft of young talent and HR have little effectiveness in developing or retaining the higher achievers. The growing influence of the Insurance side of the business, based largely on writing lots of long tail Casualty in a soft market, seems an extremely risky and ill considered strategy that is very likely to end badly for all concerned. Everest has changed from being a somewhat old-fashioned but tightly run Reinsurer to a composite mess which is intent on growing the unprofitable insurance arm. Departments like HR and IT have grown their influence significantly but only succeed in destroying value with the bureaucracy and admin that they create. Much of the rot started prior to the current CEO starting, but all the negative aspects have accelerated as he appears more interested in virtue signalling rather than leading the company

Explore other reviews about Everest Re Group

5.0
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work culture Amazing colleagues

Cons

in a remote location too far away from metro areas

3.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Hybrid schedule, diverse culture, used to be opportunity for promotion

Cons

No real money for professional development

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