Don't do it - Software Developer Verisk Employee Review

1.0
Sep 17, 2023
Recommend
CEO approval
Business Outlook

Pros

Verisk is a conglomerate of multiple businesses. Based on the reviews, some of the businesses are good places to work.

Cons

Semi-recent layoffs and offshoring jobs to India. Developers here in Lehi are expected to "volunteer" for split shifts from 8:00 AM to 2:00 PM and then from 9:00 PM to 11:00 PM. We take turns doing this 2 weeks at a time to support developers in India. Supporting the teams in India saves Verisk money at the expense of our time with our families and sleep. Annual raises are typically around 3%. To be up front I've always received more. Verisk justifies tiny raises by saying they want people to move up to get raises like from Developer I to Developer II. This doesn't work because in a department of 22 developers we're told only 2 or 3 people can move to the next title each year. Do the math and you'll see everyone falls behind in a few years. We used to have good benefits. Now we pay more for worse coverage. Rising benefits cost is normal but the way Verisk handled it was just tacky. We struggle to acquire basic development resources. Imagine waiting 13+ hours for your CI/CD builds to run because there aren't enough build machines. Imagine waiting weeks to get a software license you need to do your job. These antics don't save Verisk money but Verisk seems to think they do. Receiving a full target STI bonus seems like a pipe dream lately. I get glowing reviews from my manager and I've been awarded the higher rating group and supposedly the company is doing well. But I haven't received a full STI bonus in years. This problem with STI bonus payouts frustrates a lot of high performers. The Xactimate code base is tough. Developers spend days searching through code that maybe 1 or 2 people in the company still understand. Dev leadership is finally trying to improve things but it will take years and focus on the right things. If you like working with old tech and watching your career skills fall behind then you might be happy here. I used to refer people to work at Xactware. It was a nice place to work. The company is called Property Estimating Solutions now and it's mediocre at best. I'm not willing to refer people anymore and I'm sad it turned bad.

avatar
Verisk Response
2y
Thank you for sharing your feedback. We will take it into consideration as we identify how we can evolve our support of employees in compensation and growing within the company. In fact, because of employee feedback and participation in the most recent engagement survey, we invested in numerous programs to promote from within the organization. Additionally, we continuously review our compensation and benefits to ensure that we’re competitive in the marketplace and contribute to the wellness of our team members. Change is an essential part of any growing and successful organization, and it creates opportunities for others. We remain committed to our growth strategy and vision to become the strategic data analytics and technology partner for the global insurance industry.

Explore other reviews about Verisk

5.0
Jun 16, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Amazing work life balance. Good Management

Cons

Low paying salaries Less hikes and bonus

5.0
Jun 4, 2026
Recommend
CEO approval
Business Outlook

Pros

I have been a product manager at several companies, and it is genuinely one of the best environments I have worked in. Verisk provides a unique opportunity to work closely with customers, engineering, design, and leadership to solve meaningful problems and deliver products that create business value. Product managers are trusted to help shape strategy and influence key decisions. Teams collaborate effectively, and there is a shared commitment to delivering high quality outcomes for customers. Leadership is approachable and receptive to new ideas, creating an environment where innovation is encouraged.

Cons

Navigating insurance regulatory requirements and customer compliance can occasionally slow feature development and release timelines.

See reviews by: Helpful|Rating|Date|All