Gen Re reviews

3.9

73% would recommend to a friend

(18 total reviews)
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Kara Raiguel

90% approve of CEO

65% positive business outlook

Reviews by job title

18 reviews

Reviews about "Compensation"

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1.0
Jan 28, 2021

AVOID!!

Recommend
CEO approval
Business Outlook

Pros

Good salary, interesting work and interesting people.

Cons

Gen Re works their employees to the point of burnout! There is no work life balance.

4.0
Dec 29, 2020

Old School

Recommend
CEO approval
Business Outlook

Pros

The management recognizes and rewards hard work. Compensation, raises and bonuses seem unusually high. Everyone is very friendly.

Cons

A lot of outdated computer systems cobbled together makes for a lot of confusion. There are a lot of older workers and as they retire they take "tribal" knowledge with them, leaving knowledge gaps.

2.0
Jul 12, 2020

Do more with less

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

401k match, okay health plan, occasional exposure to new technologies, market leading total comp, ad hoc remote working capability, vacation days, "at least you still have a job"

Cons

With the "retirement" of Tad Montross, the new mantra became 'more good risk, less cost'. Since then, dozens have been laid off across the enterprise, the 401k Berkshire stock profit sharing grant was discontinued, profit sharing bonuses began to shrink, and raises (for many) got smaller or vanished. While there are still some new hires, they are likely replacing higher paid people that were let go to reduce costs. (Many long timers are part of a pension plan that hasn't been available to new employees since the 1990's) There's an attitude of 'anybody can do anything' and people are sometimes asked to do things they didn't sign up for. Not everyone will be good at what they're asked to do, so you need to be aware of this going in.

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