I’ve been at my current company for almost 2 years as a middle market p&c/e&o/cyber underwriter, now I’m looking for a change.
December 27,2023 at 5:23PM UTC
I make 2 years april ‘24. I was originally hired as p&c only in April 2022, but by September, my manager asked me to hop on a “special project” which would include me learning their e&o/cyber product and underwriting for that line as well. I agreed as I thought it would help with development knowing more lines and in turn get me promoted/eligible for new roles quicker. March 23 I had my first performance review and received a ‘meeting expectations’ that came with a 3% raise. By summer 23 when our mid year came around, my responsibilities and workload increased significantly since hopping on the extra project so I asked for a compensation review during my mid year to reflect the extra (very time consuming) work I was doing. I was denied and told they don’t give out raises during a mid year review and to wait until my next performance review in March ‘24. My manager advised I will likely get an ‘exceeding expectations’ due to the extra work which would result in a bigger raise. I feel taken advantage of because if that was the case I should’ve gotten an exceeding expectations for my first performance review as I was already doing all the extra work for 7 months at that point. I’m starting to feel some resentment being here and having a much bigger workload then my counterparts while still having the same pay. I have to log on an extra hour+ earlier to keep up with my responsibilities almost every day, and I’m still falling behind our expected timeline for review of renewals. I’ve been applying for other positions (both internal and external) since September. Been passed on 2 internal positions (1 I am still being considered for), interviewed for 2 external and ended up being passed on those.. I loved this job in the beginning but regret taking on the extra project, especially not knowing how much extra work it quickly became. While I was managing very well in the beginning, the past few months have become extremely stressful for me. Feeling stuck and pretty unappreciated and just looking for advice if anyone has dealt with something like this. This is only my 2nd full time position since graduating college and I definitely think I messed up taking on the extra responsibility without asking for a raise at the very beginning. I didn’t know what I was getting myself into.
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