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?

"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 3 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))

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

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

2.0

25 June 2015

Not for Everyone

Operations manager

Recommend

CEO approval

Business outlook

Pros

Location in Jersey City is very nice.

Cons

I have been with the company for six months. In that time seven individuals have resigned including the SVP that hired me. I stuck around to see if the acquired company, Torus would live up to expectations. No such luck. There are no systems, morale is horrible and if you are not part of the "In Group" you are doomed. What a learning experience this has been and remains. The culture is not one I am proud of or with to be a part of, whereas individuals are not valued or recognized if they are not part of a clique. It is rather interesting when you are accustomed to traditional organizations where your contributions are the focal point.

1.0

23 Jan 2015

Poorly managed, poorly performing company

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Good working conditions (ample, modern office space)

Cons

Apathetic, often clueless management that often treat employees unfairly; poor financial performance, driven by lack of strategic vision; almost no growth prospects, especially as the company is in run-off.

1.0

29 Aug 2014

How long this company survive

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

if you love to around the type of people who always sugar coated but cheap from inside please join this company

Cons

Degradation Continues, Not sure how long this company survive in India. Job insecurity continues. Attrition rate is high

Viewing 1 - 3 of 34 Reviews

Torus Insurance

Torus Insurance Reviews

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Reviews by job title

Not for Everyone

Poorly managed, poorly performing company

How long this company survive

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