Good place to start your career - Recensione dipendente - Underwriter presso CFC

- Hit and miss in terms of managers, some are good, some are very inexperienced. - Very cliquey mentality, resignations (which are common) are taken badly and people are frozen out. - Salaries are significantly below the market rate and employees are held on more junior job titles, not reflective of their day to day job. - Rudeness and disrespect towards underwriters from brokers is frequently overlooked by managers. - A lot of perks have been stripped back, the Marbella trip and Halloween parties have both gone, likely never to return. - Working conditions are not very flexible, managers can often be clock watchers, and workflows are strictly adhered to meaning employees aren't trusted to get on with work, feels a bit like being at school. Not a positive or a negative but the company has a very clear business model of hiring lots of young people to churn through high volumes of submissions whilst giving them minimal authority to make their own decisions. After gaining experience, many of those people then move on to better paid jobs with more long term opportunity at larger insurers/Lloyd's syndicates. This is why it's a good place to start out but most ambitious people won't stay for long. The business model has been profitable so I don't expect anything to change.