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Everest Re Group

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Everest Re Group reviews

3.2

46% would recommend to a friend

(328 total reviews)

Jim Williamson

32% approve of CEO

41% positive business outlook

Everest Re Group has an employee rating of 3.2 out of 5 stars, based on 328 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Everest Re Group employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

328 reviews
1.0
Sep 19, 2023
Recommend
CEO approval
Business Outlook

Pros

The seltzer machines in office are very good and the cafeteria staff are very kind.

Cons

Be cautious of the glowing reviews surrounding the various CIO's recently posted in an effort to drown out the real voices in these reviews. Multiple times I first hand experienced these "wonderful" C and V-suits yelling at entire teams within meetings (with third party vendors) in an effort to intimidate and sway narratives to what is best for them over all else. There is zero collaboration, trust, or communication within these walls. The culture is abhorrent, based in bullying and intimidation, and will not be changed any time soon. Organization lacks from top to bottom. The consistent reorgs, the lack of processes, checks and balances, and lack of accountability means management of projects and programs falls on individuals with zero support. There are no frameworks or abilities to make headway due to a refusal to accept that this company isn't as advanced as they believe. Every day is a new fire. Proactive efforts to raise risks or issues will be met with contention and disagreement no matter what evidence is presented. You will hear a lot of management speaking ill towards others often and without hesitation. Management may even talk you down to your own peers and team members to discredit you. The idea of stepping on others to get ahead here is alive, well, and thriving. Additionally, it is clear the hybrid days are swiftly coming to an end with statements like "if you're not visible, you're not relevant" in town halls and a "reasonable commuting distance of 75 miles" expectation.

avatar
Everest Re Group Response
2y
We would like to invite you to have a conversation by emailing Everestengage@everestglobal.com so that Human Resources can better understand the specifics related to this situation.
1.0
May 16, 2017

The IT runaway freight train.

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.

avatar
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.
3.0
Apr 6, 2019

No Career Path

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance. You can pouch your time in and out at lower level. Flexible work hours, company policy allows one day per week WFH and 10 days in sick bank. Average fair 401k plan and medical insurance plan as a US Fortune 500 Company.

Cons

I would describe this company as a guy that is 55+ years old, who claimed that he had achieved a lot in the past and felt very proud of himself and deserve respect from outside world. Yet in other people’s eyes he is walking wobbly and slowly down hills and could not figure things out properly and promptly and keep himself updated. 1. Flat organization: You stay at the level when you were hired and it is very hard to get promoted. Lower level staffs have no better choice except for exiting outside after a few years of service, regardless of your performance rating. Management has no intention to help people grow and they try to limit their reportees by playing political tricks in order not to be threatened by talented and capable individuals. 2. Redundant and incompetent middle management: There are many managers that have been with the company for 10-20 years or even longer. They are all in the company’s pension plan and because they can not get promoted, they only want to do minimal work to keep their position safe until retirement. In order to reach that goal, they become very political and good at pushing things up to their supervisors, out to their new colleagues/ peer group and down to their reportees. All they want is just not doing anything wrong to protect themselves instead of making progress at work and get things done. Some managers even said they would not be able to find any same level jobs if they leave the company and they have to stay for the rest of their career. 3. Reluctant to changes and improvements: Middle management is very afraid of changes of work papers, procedures, policies, systems and everything you can imagine. If the idea of change comes from upper management, they complain hard. If the idea of change comes from their peer co-workers and reportees, they try to hint them to stopping making trouble by not co-operating, putting things on the side or laughing in people’s back. 4. Toxic working environment: A very common scene in this company: A and B get together complain about C, and 30 minutes later, B and C get together complain about A. And the next day, A and C get together complain about B. The content they are complaining may not even be work-related. But if you do not complain together with them, they say you are not getting along well with them because you do not want to talk to them. A lot of time was wasted in this type of chat.

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Glassdoor has 410 Everest Re Group reviews submitted anonymously by Everest Re Group employees. Read employee reviews and ratings on Glassdoor to decide if Everest Re Group is right for you.