Policygenius Reviews

3.1

45% would recommend to a friend

(252 total reviews)

Michele Trogni

28% approve of CEO

34% positive business outlook

Policygenius has an employee rating of 3.1 out of 5 stars, based on 252 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Policygenius employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

252 reviews
1.0
17 Jun 2023
Recommend
CEO approval
Business outlook

Pros

There are a lot of really great, talented, kind people at Policygenius. Also while there is some tech debt, they overall built a great engineering culture, with a lot of great tech, and there are a lot of opportunities to learn new skills.

Cons

TLDR, company used to be great before layoffs last year, since then it's been very painfully downhill. The company was acquired by Zinnia recently, and the acquisition does not seem to be going well from the perspective of the tech department. It reminds me of the worst parts of Succession, but also of an episode from the Sopranos called "Bust-Out", if you've seen that--a kind of hostile gutting of a company bought for parts and taken apart until there is nothing left. The new CEO, Michele Trogni, seems to have no clue about how to run a cutting-edge tech company, and yet she is attempting to do exactly that. When talking about finance, and about the players in that space, she seems quite adept and knowledgeable. She has experience as head of tech at UBS, but I'm curious how the tech at somewhat dinosaurs like that would compare to that at a more competent modern tech company. What she seems to excel at is a kind of top-down cutthroat capitalism. This is starkly at odds with the work culture that Policygenius had built over the years, and from my understanding it is alienating all the workers in the tech department. Many very talented engineers made the choice to work at Policygenius in large part because of the work culture, and with that gone, the rationale for staying also goes. Like Elon Musk at Twitter (down ~60% in value in over a year), she seems to be gambling on the unproven hypothesis that tech workers can be treated very badly and will put up with it. She is cutting costs aggressively and seems to be moving toward firing people (which is possibly her greatest "strength", just Google her history at UBS). There is no coherent retention strategy for tech workers, and so the only conclusion one can draw is that either her leadership is incompetent and they did not have a clear plan for this acquisition, or (my guess) she intentionally wants people to leave to cut costs. The problem with this strategy is that the number of departures may cross over a critical threshold, after which they will have a really hard time supporting the relatively complex systems at the company. The best people will leave quickly, and the rest will maybe quit next year. I'd be surprised if more than 30% of the current tech staff was still there in a year's time. Overall, for tech workers, it has shifted from a pretty good collaborative culture where colleagues had agency and felt supported, to a top-down corporate nightmare cloaked in corporate platitudes, a string of endlessly bad news from the top, a place where it regularly becomes difficult to do one's job because of all the disruptive organizational churn and depressing corporate intrigue.

1.0
21 Sept 2018
Recommend
CEO approval
Business outlook

Pros

Like others have mentioned, some of the people on the ground-floor are great. They are bright, interesting, and humble individuals.

Cons

The lack of product vision, incompetencies by all levels of management (across all departments), pressure to work long hours and incredible low morale made Policygenius a place I could no longer work for. The thing that excited me most about joining Policygenius was the opportunity to work with incredibly talented senior engineers, then they all left, within a few weeks of each other. I got excited about the opportunity to build a great product, then I realized product leadership had no vision and set unrealistic expectations. The easiest way to get a shout-out at a company meeting is to pull an all-nighter, that kind of behavior is rewarded not frowned upon. The final straw was the completely absent morale. Whether you are a junior developer or senior developer, management simply doesn’t understand how to put you on a path for growth and success and you could really feel the effects of that on the entire team. At Policygenius you will always come in second to the bottom line. There are lots of amazing opportunities out there, find a place that values YOU.

Viewing 1 - 3 of 252 Reviews

Glassdoor has 259 Policygenius reviews submitted anonymously by Policygenius employees. Read employee reviews and ratings on Glassdoor to decide if Policygenius is right for you.