Lockton Companies reviews

4.0

78% would recommend to a friend

(1,799 total reviews)
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Ron Lockton

91% approve of CEO

74% positive business outlook

Lockton Companies has an employee rating of 4.0 out of 5 stars, based on 1,799 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lockton Companies employee rating is in line with the average (within 1 standard deviation) for employers within the Seguros industry (3.6 stars).

Reviews by job title

2K reviews
4.0
Aug 3, 2012
Recommend
CEO approval
Business Outlook

Pros

Fast growing company, that genuinely cares about customer and client service. They are happy to sponsor CII and other training, and have remained successful despite the recession. Work is fast paced, but interesting and varied for the most part. Staff (in my division anyway) are given good opportunities from the start for meeting underwriters, clients and other organisations. The company often holds internal seminars that are genuinely helpful in many cases. If you want to get involved in new business, special projects etc, generally you can, and management support the staff in learning about other areas outside your own division. The social life is excellent if you like that sort of thing. Many of the people employed at Lockton are very knowledgeable and passionate about what they do, which creates a good atmosphere, and almost everyone is very approachable.

Cons

People are often too scared to admit mistakes, given the 100% accuracy at all times the management expect. This leads to a lot of finger pointing and an 'it was his/her fault, not mine' culture which creates a negative office environment where everyone just covers their back and doesn't look out for their colleagues. IT (the actual PC's), and associated systems are horribly outdated and slow, which affects your day to day work, every day. It makes no sense that the company pays for enormous swanky new offices then fills them with equipment that in many cases is pushing 10 years old. New starter training is just non existent and new staff are only brought it when the existing staff are at breaking point in terms of work loads, which then means they then have no time to train the new person. This all creates a poor work / life balance and anything from a 40-45 hour week sometimes even more is the norm for many. There is an 'all business is good business' attitude which is wrong. The business will keep hold of clients that cost more to service than they provide in income. Whilst a high client retention rate is great, it shouldn't be at the expense of the company profits!

3.0
Jun 8, 2012

Churn and Burn. Get ready to work very hard and not get paid for it.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible yet demanding work environment. You will definitely learn on the job, but it will be the hard way. If you have what it takes to drive revenue growth for your producers, you will be rewarded with comp and career advancement. If you are young and hungry to learn, this is the place to get your feet wet as a recent college grad. Learn what you can, make connections and get hired by a firm where career advancement is possible for the average non-producing associate.

Cons

Must be a self-starter, highly motivated, resilient and an a*& kisser to have any chance to advance. Management rewards the few standouts very well, but the average worker has little opportunity for career advancement. Be prepared to get the run around about compensation unless you have the talent to get on the fast track. Overall, you can get paid more for much less stress elsewhere.

5.0
Jun 7, 2012

Challenging and rewarding

Recommend
CEO approval
Business Outlook

Pros

This company goes above and beyond to produce and deliver timely and meaningful information, products and advice to its clients. It is a collaborative environment and the company places great value on its associates who drive the relationships with the clients.

Cons

The larger the company grows, the more difficult it is to know everyone. If you work in an office in a major urban area, but live in the suburbs, commuting can be difficult, but the company allows some flexibility for telecommuting if appropriate.

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