Does Torus Insurance pay their employees well?

According to anonymously submitted Glassdoor reviews, Torus Insurance employees rate their compensation and benefits as 2.7 out of 5. Find out more about salaries and benefits at Torus Insurance. This rating has been stable over the past 12 months.

How satisfied are employees working at Torus Insurance?

53% of Torus Insurance employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Torus Insurance 3.0 out of 5 for work life balance, 2.7 for culture and values and 2.3 for career opportunities.

What are the top reviewed jobs at Torus Insurance?

Analyst (2) , Senior Analyst (2)

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

"Work life balance is good" ((in 3 reviews)); "Friendly Work Environment, Employee Engagement, Good Office, Employees taken good care of." ((in 3 reviews))

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

"existent, management is inconsistent, jobs feel like dead ends and management makes no attempt to inspire enthusiasm or motivate employees," ((in 4 reviews)); "No training offered that was worth a tuppenny damn, no leadership from the department heads and they kept losing anyone who was talented but not very willing to suck up to the management." ((in 3 reviews)); "People who are close to Sr. Managers always get benifits." ((in 2 reviews))

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Torus Insurance

Torus Insurance Reviews

2.7

53% would recommend to a friend

(34 total reviews)

Dermot O’Donohoe

49% approve of CEO

21% positive business outlook

Ratings by category

4.0

Diversity and inclusion

3.0

Work/Life balance

2.7

Culture and values

2.7

Compensation and benefits

2.4

Senior management

2.3

Career opportunities

Torus Insurance has an employee rating of 2.7 out of 5 stars, based on 34 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Torus Insurance employee rating is 25% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

34 reviews

1.0

14 Jul 2014

why managers posting positive review...why not subordinates..

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Sugar coated managers with excellent communication skills

Cons

No new projects are lined up company is fully indulge in politics Genuine,Sensible and Experience employees are leaving company Every day you entered office, you have a feeling of job insecurity To get promotion, you should be good with buttering

1.0

31 Jul 2015

Underwriter

Recommend

CEO approval

Business outlook

Pros

A small P/C Insurer re-structuring itself due to external rating pressures from rating agencies and new ROE targets from new shareholders mainly P/E driven. Such change enables employees to learn how important is controlling the expense base and writing policies aimed at technical profits versus premium volumes in light of the low investment returns and soft insurance cycle.

Cons

To safeguard rating pressures from rating agencies, long tali reserves where reduced in order to generate short term profits to show as a tangible result of a masked turnaround. Unfortunately the tali will catch up inevitably with the under-reserved balance sheet. To reduce expenses live underwriters and profitable line of business where cut jeopardizing future growth with insurance brokers and clients who are running away from Torus to protect their business interests.

1.0

9 Jul 2014

Last 3 months reviews..

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

No pros even i use microscope to see it

Cons

employees leaving organisation almost at attrition rate of 200 percent. New hiring is done based on gender. female candidate gets more chances for selection interview process- get offer letter first than go for interview. in short, hungary for any type of resource. shut down of organisation in one year for sure.

Viewing 1 - 3 of 34 Reviews

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