Toxic environment - Senior Actuary Lloyd's Employee Review

1.0
Oct 5, 2024
Recommend
CEO approval
Business Outlook

Pros

Benefits are in-line with the industry.

Cons

A toxic culture within the MRC and rife bullying. Poor performance by senior management who are cliquey, lack direction and accountability, are dishonest and provide little to no support to staff. Low team moral and a lot of unhappy faces. Worrying levels of overtime that are expected, unrewarded and continuous. Lack of career progression. Overall, an unpleasant environment to be in.

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Lloyd's Response
1y
Lloyd’s does not tolerate unacceptable behaviour of any kind. We encourage employees to raise any concerns about conduct within the corporation in confidence, and regularly ask colleagues for feedback through our anonymous employee surveys. Only by employees speaking-up can we ensure that action is taken to improve their experiences. Our recent results indicate that the team have a positive experience of being part of MRC. However, we take any negative comments very seriously, and strive for continual improvement to make our workplace an enjoyable and collaborative experience. We have reminded all colleagues of how they can feedback to their line managers and all available channels.

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