Verisk reviews

3.8

78% would recommend to a friend

(1,531 total reviews)
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Lee Shavel

82% approve of CEO

68% positive business outlook

Verisk has an employee rating of 3.8 out of 5 stars, based on 1,531 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Verisk employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.7 stars).

Reviews by job title

2K reviews
1.0
Sep 17, 2023
Recommend
CEO approval
Business Outlook

Pros

Verisk is a conglomerate of multiple businesses. Based on the reviews, some of the businesses are good places to work.

Cons

Semi-recent layoffs and offshoring jobs to India. Developers here in Lehi are expected to "volunteer" for split shifts from 8:00 AM to 2:00 PM and then from 9:00 PM to 11:00 PM. We take turns doing this 2 weeks at a time to support developers in India. Supporting the teams in India saves Verisk money at the expense of our time with our families and sleep. Annual raises are typically around 3%. To be up front I've always received more. Verisk justifies tiny raises by saying they want people to move up to get raises like from Developer I to Developer II. This doesn't work because in a department of 22 developers we're told only 2 or 3 people can move to the next title each year. Do the math and you'll see everyone falls behind in a few years. We used to have good benefits. Now we pay more for worse coverage. Rising benefits cost is normal but the way Verisk handled it was just tacky. We struggle to acquire basic development resources. Imagine waiting 13+ hours for your CI/CD builds to run because there aren't enough build machines. Imagine waiting weeks to get a software license you need to do your job. These antics don't save Verisk money but Verisk seems to think they do. Receiving a full target STI bonus seems like a pipe dream lately. I get glowing reviews from my manager and I've been awarded the higher rating group and supposedly the company is doing well. But I haven't received a full STI bonus in years. This problem with STI bonus payouts frustrates a lot of high performers. The Xactimate code base is tough. Developers spend days searching through code that maybe 1 or 2 people in the company still understand. Dev leadership is finally trying to improve things but it will take years and focus on the right things. If you like working with old tech and watching your career skills fall behind then you might be happy here. I used to refer people to work at Xactware. It was a nice place to work. The company is called Property Estimating Solutions now and it's mediocre at best. I'm not willing to refer people anymore and I'm sad it turned bad.

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Verisk Response
2y
Thank you for sharing your feedback. We will take it into consideration as we identify how we can evolve our support of employees in compensation and growing within the company. In fact, because of employee feedback and participation in the most recent engagement survey, we invested in numerous programs to promote from within the organization. Additionally, we continuously review our compensation and benefits to ensure that we’re competitive in the marketplace and contribute to the wellness of our team members. Change is an essential part of any growing and successful organization, and it creates opportunities for others. We remain committed to our growth strategy and vision to become the strategic data analytics and technology partner for the global insurance industry.
2.0
Aug 18, 2023
Recommend
CEO approval
Business Outlook

Pros

Decent benefits and team buildings. Work from home currently allowed

Cons

SAFe, micromanagement, upper management is completely disconnected from employees in technical, professional, and compensation.

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Verisk Response
2y
Thank you for sharing your feedback. One of Verisk’s values is our commitment to results. We encourage innovation and open communication between all levels. The annual Employee Engagement Survey is also a great opportunity to provide feedback on leadership and management
1.0
Oct 10, 2022

Not the best

Recommend
CEO approval
Business Outlook

Pros

Benefits are good and that is it

Cons

Performance reviews are bias. Not everyone will get high score to not pay bonus. Retaliation exists if you complain about the process. HR makes sure to not pay unemployment insurance by finding ways to get employees to quit. The company underpays employees until they are burned out and replace them with younger cheap talent. There are bullies in the office, the cliques that prevent a good culture.

Viewing 82 - 84 of 1,531 Reviews

Glassdoor has 1,731 Verisk reviews submitted anonymously by Verisk employees. Read employee reviews and ratings on Glassdoor to decide if Verisk is right for you.