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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

31% 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
Jul 4, 2017

IT used to be but...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Used to give decent raises and bonus but they were cut this year too

Cons

It used to be a good place to work...people worked as a team and were willing to help. I've worked in IT a long time and what I see now is sad. People are afraid to help because they can't miss their deadlines. Morale is at an all time low. The new CIO first words to us were you're 'old and expensive'. Since then HR has been present in all of his meetings with us. They are offshoring work to a consulting company and we're each getting a consultant assigned to us that we have to train. We keep asking if they're replacing us but we're told 'no, they're here to help'. I've been outsourced before and we were offered a bonus if we trained our replacements and stayed until the end. At least we were treated with honesty and dignity. It management had several lists of people they wanted to fire but HR told them they have to be retrained. Now they're having everyone become a project manager...no matter what your skill set. What are we going to do with a 100 project managers?

2.0
Jun 21, 2017

Bad IT Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company is doing well, many opportunities. Fair compensations &benefits and decent pension plan. Majority of the employees are very nice and many of them have worked in the same company for a long time.

Cons

New IT Management joined 2016 and everything has gone downhill since. They opened many new high level (highly compensated) positions at the top to bring in Leadership, Project Managers, Scrum Masters, Architects from outside the company. On the other end, they have forced out/replaced many existing experienced technical staff and replaced them with cheap offshore consultants (with zero experience) from Infosys Management staff spent all day in meetings with very few people left on the floor to do the actual work. In addition, management came up with so many new processes & procedures (Agile, JIRA, Pillar groups, Architecture Review Board) that has added another layer of overhead to the few technical staff who were doing the actual work. It now takes weeks (if not months) to complete a very simple project. The new IT team are managing their staff using ‘fear’ tactics: first telling employees that they will give out more bad(they call it 'curved') reviews and then threaten to get rid of people with below average reviews. Bonus are reduced because all those new high paying big fishes take money from the pool first. IT consultants are being clamped into desks & environment worse than a call center floor. The result: employees are fed up and moral are low. Everyone is focusing on their own assignments and stopped helping out each other. Projects were delayed and quality of work dropped thanks to the help from Infosys. If you want to join Everest as an engineer, developer, QA, or tech support; please think twice because this company is moving all these positions offshore to Infosys. Management here don’t value these technical skills (easily replaceable in their mind) and eventually and IT department will be left with on-shore management team plus an army of Infosys consultants.

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Everest Re Group Response
9y
Thank you for sharing this feedback on your experiences within the Everest ETS group. As you are aware, the ETS team has been going through a transformation to make the department and its processes more effective and efficient, and our projects more collaborative, but we do understand that transformations such as this can be difficult to get through. We recognize that the team is being held to a higher standard, and that performance expectations are changing. IT management is being asked to create an IT Department that better supports our fast-paced, growing business. Our CIO, ETS Leadership and Recruiting teams are focusing on recruiting talent at all levels, specifically those in the early stages of their career to encourage growth and development at Everest, and we have many brand new roles open at that level. Please know that we are sharing your feedback appropriately so that it is addressed. We never want to hear that employees are fearful, morale is low, or that individuals are no longer collaborating with each other, as this is not the culture we strive for at Everest.
1.0
Jun 6, 2017

Total Mess!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Interesting field to work in. Similar-level staff were wonderful and very helpful.

Cons

Holy staff turnover batman! Management (inc middle management) were beyond abysmal. Bullying, throwing weight around, belittling people who were trying to learn a whole new industry. Outdated systems, like something from the 1970s. I learned that my replacement walked within a month, and her replacement didn't last long either.

Viewing 292 - 294 of 328 Reviews

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.