Pyramid Scheme - Anonymous employee Lockton Companies Employee Review

1.0
Mar 1, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits like 401k match, gym, community service days

Cons

This place has turned into a sweat shop where all the good employees work 70+ hours a week while all senior AEs are working 3 days a week and just go to carrier lunches and events. The producers make ridiculous money on the backs of associates while taking 3 month ski trip, call in to client meetings from their boat, and complain about private schools/renovating second luxury home/which six figure car to buy next. This company is out of touch and insurance broking skills are from 10 - 15 years ago, and most senior employees don't know how to broker in todays day in age. Company is governed and promoted by tenure which perpetuates long tenured employees to coast as they are protected. Senior leadership is still a good old white boy network.

Explore other reviews about Lockton Companies

5.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

A true “team effort” environment. I think it really depends on who your team lead is and the dynamic of the group you work with. You will get a ton of experience fine tuning skills as they provide constant trainings and resources to learn. Decent pay when compared to competitor companies and great 401k plan. Plenty of company and marketing events. Hybrid work is great. Again to preface, who you work with can make or break the atmosphere, but everyone I’ve met has been extremely nice and willing to help. Opportunities to grow within the company.

Cons

Health benefits could be better. Company is really pushing new business and there can be a lot of work and last minute fires to put out that can feel daunting. There have been quite a few times I’ve worked late into the night to get things wrapped up. You need to self organize or things can easily fall through the cracks very quickly. A lot of meetings that can take up a majority of your day - leaving less time to get actual work done.

3.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

My team is great, from management to contractors.

Cons

Constant overtime due to poor planning and communication. Unbearably underpaid from market value While being in a specialty service department, we are constantly missing out on big events like the end of final year party or red Friday because account teams don’t plan ahead and we get stuck working their rush while they go and party.

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