Not what it was… not even close anymore - Underwriting FM Employee Review

1.0
31 Jan 2022
Recommend
CEO approval
Business outlook

Pros

You’ll work with some of the greatest people in the industry at the local level. Grandfathered medical benefits and pension are huge advantages. Externally FM has a superior product

Cons

I’ll start by addressing the vaccine mandate… FM is a private company, they are free to do what they want. That being said, if you’re someone that has spent the last 10 years + with this company thinking you’d spend the rest of your career here the way it was handled will certainly make you rethink that. It lacked compassion, transparency, and for certainly for many… business sense. You didn’t just let go long term colleagues and friends, you left operations short handed picking up the pieces. This is a tough pill to swallow when you feel like you’ve traded competitive pay for stability and a company that cares about the employee. On the business side, it seems like we leverage engineering expertise less and less. Engineers no longer seem to be trusted to apply judgement, which leaves underwriting in a silo making the judgment calls. It used to be a team collaboration… Change implementation is a terrible mess. The agile concept of minimally viable product is a disaster for operations. It leaves us in a continuous environment of change constantly trying to catch up to the level of productivity that we had prior to the latest “agile” change. We have become the bloated multi level company that we used to pride ourselves in not being. Employee morale within the operations has never been lower. Upper Management seems disconnected from this as we see constant internal updates congratulating that group for a recent promotion thanks to a new position or business group being created.

Explore other reviews about FM

5.0
17 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Good company, fantastic work life balance and people there are really nice

Cons

salary is okay but not the best compared with the other big tech companies

2.0
1 July 2026
Recommend
CEO approval
Business outlook

Pros

* Great business model at the foundation * Solid compensation program: Base salary + bonus * Sustained high profitability over the long term * Stable employement * Pension Plan

Cons

* Extremely hierarchical and regimented * Promotions based on favortism rather than true merit. Employees are precategorized and stigmatized on their ability for future career progression. * Extremely focused on metrics and internal objectives. This leads to box checking, cutting corners and bending rules to meet the numbers. * Extremely heavy workload. No work-life balance. * Management doesn't really incorporate employee feedback; they pretend to to check a box. * Quality of job suffers to keep up with quantity. Everything is becoming data driven and the data is often wrong. Enormous pressure to hit a button and accept at face value whatever the system spews out. * Our CEO builds fancy gold plated office buildings that aren't needed and pulled the plug on hybrid work to justify the investment in the real estate.

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