Does GNY Insurance Companies pay their employees well?

According to anonymously submitted Glassdoor reviews, GNY Insurance Companies employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at GNY Insurance Companies. This rating has improved by 9% over the last 12 months.

How satisfied are employees working at GNY Insurance Companies?

76% of GNY Insurance Companies employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated GNY Insurance Companies 3.9 out of 5 for work life balance, 4.2 for culture and values and 3.8 for career opportunities.

What are the top reviewed jobs at GNY Insurance Companies?

Underwriter (8) , Underwriting Assistant (4) , Claims Assistant (3) , Senior Underwriter (3) , Actuarial Intern (2) , Attorney (2) , Claims Adjuster Trainee (2) , Claims Examiner (2) , Loss Control Field Representative (2) , Paralegal (2) , Receptionist (2) , Senior Production Underwriter (2) , Underwriting Trainee (2)

What are the pros of working at GNY Insurance Companies according to real employee reviews?

"People are friendly and supportive." ((in 10 reviews)); "Good benefits" ((in 9 reviews)); "Coworkers are friendly, helpful, and team" ((in 6 reviews)); "Management is approachable, reasonable, and flexible." ((in 5 reviews)); "Excellent work environment, great colleagues" ((in 5 reviews))

What are the cons of working at GNY Insurance Companies according to real employee reviews?

"Low paying compared to the market." ((in 6 reviews)); "Training wasn't hands on enough and I still don't know how to resolve complex situations and how to negotiate with attorneys" ((in 3 reviews)); "training program was miserable, low salaries, super old" ((in 3 reviews))

What are the top reviewed GNY Insurance Companies locations?

New York , Quincy , East Brunswick , Hunt Valley , Edison , Chicago , Brooklyn , Glastonbury , Havertown , Philadelphia , Sharon , Midtown New York

GNY Insurance Companies reviews

4.0

76% would recommend to a friend

(110 total reviews)

Elizabeth Heck

82% approve of CEO

78% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (110 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

GNY Insurance Companies has an employee rating of 4.0 out of 5 stars, based on 110 company reviews on Glassdoor which indicates that most employees have a good working experience there. The GNY Insurance Companies 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

110 reviews

1.0

Jul 25, 2013

Micromanaged company with extremely dissatisfied employees

Underwriting trainee

Recommend

CEO approval

Business Outlook

Pros

It is a paying job

Cons

Micromanaged by people who lack leadership skills. Guidelines change every 6 months which lead to high amounts of non-renewals and are wedging themselves out of the niche market that they so highly desire

1.0

Aug 26, 2018

Enter at your own risk

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The compensation isn't too bad.

Cons

No teamwork, no trust, micro-managing. Dont bother speaking your mind, no one will listen. Oh, and the benefits aren't good either.

1.0

Oct 11, 2014

GNY is a horribly run company.

Underwriter

Recommend

CEO approval

Business Outlook

Pros

The experience so you can get a job somewhere else.

Cons

Management is extremely old and out of touch with young junior underwriters. Underwriting department has the highest turn over. There is no orientation when they hire you. You are isolated on purpose on others if you are a trainee.

GNY Insurance Companies Response

11y

Overall, we have historically maintained low turnover compared to our industry. A good portion of recent turnover has been due to retirement. Our most recent paid time off policy does allow roll over of vacation or PTO days. With respect to performance management, we are striving to strike the balance in transparency as well as holding employees accountable for their work product.

Viewing 10 - 12 of 110 Reviews

Jobs at GNY Insurance Companies

Claims Assistant - NY

Liability Claims Examiner Trainee - NJ

Associate AI Engineer