Risk Management Solutions


Risk Management Solutions Jobs & Careers in London, England

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18 days ago

Catastrophe Modeler (Flood)

RMS London, England

Our clients include several hundred insurance and reinsurance companies as well as brokers, banks, hedge funds, regional and local governments, and… RMS

2 days ago

RMS Talent Connections - Europe* – new

RMS London, England

We are one of the most exciting firms you’ve probably ‘never’ heard of, unless you’re one of our hundreds of clients in the (re)insurance, banking or… RMS

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Risk Management Solutions President Hemant Shah
Hemant Shah
132 Ratings
  1. 14 people found this helpful  

    Interests of shareholders, management and employees are completely misaligned...

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    Former Employee - Manager in London, England (UK)
    Former Employee - Manager in London, England (UK)

    I worked at Risk Management Solutions full-time (more than 3 years)


    Some great colleagues who we will soon seen at the top of other, more innovative and merit driven companies ;-)


    Company is at the edge of the cliff where it was brought by top management (particularly CEO and ex-CTO Philippe Stephan).
    It's amazing how long it managed to stay above the water taking this walk over swamp. Interests of shareholders, management and employees are completely misaligned - while DMGT owns 99% top management still treats it as personal sandbox with crazy level of politics and "friends" protectionism.. It was reported that platform is on track all the way to launch (now postponed to 2016). With no equity given to engineers and scientists it didn't manage to attract proper talent (instead lost quite many like Peter Nakada, Dag Lohmann, now CEO at KatRisk LLC, and Robert Bentley, now president of Marsh's US and Canada Division). Most of such "great" software engineering was done by fixed term contractors from bodyshops...
    Hiring practices are questionable as well. Why would you put at mid-senior levels people with no connections in the industry, no technical understanding of RMS business and no charisma/leadership qualities? Such "managers" grow bureaucracy and hire conformists who want challenge their poor judgement.
    Best way to climb career ladder in this company is to meticulously attend all (and largely useless) conference calls and meetings and compete in writing multi-A4 and blurred emails. Even better way is to create them ;-)

    Advice to ManagementAdvice

    Praise the engineering and scientific people at the company who still bring you cash
    Less arrogance to clients, listen what industry wants and needs
    Listen to employees feedback on managers (vs. current system that only managers rate their reports)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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