Markel reviews

4.0

70% would recommend to a friend

(540 total reviews)

Tom Gayner

86% approve of CEO

71% positive business outlook

Markel has an employee rating of 4.0 out of 5 stars, based on 540 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Markel 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

540 reviews
3.0
May 15, 2012
Recommend
CEO approval
Business Outlook

Pros

- Family Atmosphere - People are honest and try to do right for the company - Financially Conservative company (Mergers/Acquisitions occur frequently) and you know it won't be in the news for a bad trade or catastrophe - Flexible work conditions - Pay is fair and bonuses have been consistent - Rewards employees for loyalty to the company through stock option/vacation programs

Cons

- Career Advancement opportunities are limited, especially outside of home office for both business and supporting staff - Technology is old and not going to change anytime soon - Little organic growth on business side - Health Insurance is not that great

5.0
Nov 24, 2011
Recommend
CEO approval
Business Outlook

Pros

Markel has an extremely long, and consistent record of profitability. Even in soft economic markets, Markel Venture's financial investments have proven to be extremely well-made, and compensate for underwriting losses or overhead costs-- which are consistent concerns industry-wide. The company has an excellent employee-development program which allows for semi-autonomous decision making concerning the direction that employees wish their career to go. The famous "Markel Style" also promotes humility, flexibility, innovation, ethical behavior above as core values. I personally find this a refreshing corporate culture.

Cons

Because the organization is so vast and has a great deal of different business units, cross-training or developing an in-depth knowledge of the organization can be time-consuming. The recent initiative to consolidate and stream-line/centralize many processes has helped to cut overhead costs and improve efficiency, which will improve this.

4.0
Jan 20, 2010

Great place to work!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The hours are relaxed and there's a familial nature in the work environment. There's a concerted focus by management on longevity and growth. Markel is a great place to work for insurance professionals as there are multiple opportunities for professional growth and development as well as career advancement.

Cons

The employee demographics do not lend favorably towards a young ambitious under-30 type. Although co-workers were overly friendly and approachable, it was difficult to develop any real chemistry.

Viewing 538 - 540 of 540 Reviews

Glassdoor has 604 Markel reviews submitted anonymously by Markel employees. Read employee reviews and ratings on Glassdoor to decide if Markel is right for you.