Decent company - werkgeversreview Senior Product Manager bij LexisNexis Risk Solutions

4,0
31 jan 2021
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

LN Risk is a large company with 4 underlying business units: Insurance, Business services, Healthcare and Government. Each feels like an autonomous unit even though they are parts of the same company. Insurance is the largest business by revenue and is a fairly stable place to work. Recent reorganizations within the past 2 years made sense. Management is stable, people have a lot of tenure within the company and /or the insurance industry. If you want a decent job with not too many challenges and a stable paycheck, this is a good place though the products are not too exciting / cutting edge. You can learn a lot in terms of developing products, creating dashboards, processes around product management. Likely though you will not work with very innovative projects. People are nice, helpful and value good input. Management (CEO) wants the company to succeed and is very vested (sometimes at too granular level) in the projects and success of the company.

Minpunten

Overridden by processes, fit-in-the box type of mentality, bureocracy, too much buy-in from every possible place to get product to the market. Takes a LOT of time to get a new product to market and you have to be somewhat in the right place at the right time (bit of a luck) to be put on a good initiative. Otherwise, despite title and knowledge, you may be stuck in the background. Can feel like a boy's club though in the past 2 years there has been a push to diversity. Quite risk-averse culture, too much "proofs", POCs, market feedback, process to follow GTM check-lists, get legal approvals make the product development process heavy and slow down progress.

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Reactie van LexisNexis Risk Solutions
5y
We appreciate your detailed post. We are proud of the inclusive company culture that we have built and our diverse employee base.

Ontdek andere reviews over LexisNexis Risk Solutions

5,0
26 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

- Flexible work location - Management is loyal in terms of today’s standard - Above average PTO

Minpunten

- Slightly under market pay

4,0
27 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

-Strong product portfolio with best-in-class solutions and a competitive edge that's hard to ignore in the industry - Diverse solutions and flexible pricing models create strong upselling and cross-selling opportunities within the existing customer base - High brand recognition — most financial institutions have used, currently use, or are at least familiar with the company - Consistent innovation keeps the product lineup growing and relevant - Strong culture of internal promotion given the lengthy ramp up

Minpunten

- Compensation and benefits have decreased significantly over the years. Hitting goals has become significantly harder, certain financial bonuses have discontinued, and fewer reps are reaching top-tier performance tiers each year - Internal tools and systems are fragmented, outdated, and poorly organized. Finding the right answer — whether it's a process question or a product detail — can take far too long, and an over-reliance on tribal knowledge creates real productivity drag - The ramp-up period is substantial (~ 1 year to feel somewhat comfortable). Learning the product catalog, navigating internal systems, and understanding industry issues takes considerable time before you're fully effective

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