GEICO

  www.geico.com
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GEICO Reviews in Chevy Chase, MD

Updated May 9, 2014
All Employees Current Employees Only

3.2 50 reviews

92% Approve of the CEO

GEICO Chairman and CEO Olza (Tony) Nicely

Olza (Tony) Nicely

(37 ratings)

68% of employees recommend this company to a friend

Review Highlights

Pros
  • The benefits are very good with the best thing being the profit sharing(in 179 reviews)

  • Great benefits that start on day 75 (medical/dental/vision/life)(in 84 reviews)


Cons
  • Outdated claims systems and equipment, only reasoning that is given is "low cost provider"(in 23 reviews)

  • Had a long commute to the city where the call center was located(in 47 reviews)

18 Employee Reviews Back to all reviews
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    Analyst

    Business Analyst (Current Employee) Chevy Chase, MD

    Prosgood management
    training available

    Conslow salary
    fixed work time
    no WFH

    Yes, I would recommend this company to a friend

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    Good first Job, low pay, terrible lower management

    Systems Engineer (Former Employee) Chevy Chase, MD

    Pros1. Stable Job, good benefits
    2. Warren Buffet owns this company

    Cons1. Very old fashioned company
    2. "old boys" club in lower and middle management
    3. Many managers and leads do not have college degrees

    Advice to Senior ManagementPlease move people around. Many lower management folks are so comfortable in their positions, that they rarely do a good job. If it was not for the low compensation, you would not be able to make money with this crew that you have in place.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Fine place to work; easy to get lost

    Senior Actuarial Associate (Former Employee) Chevy Chase, MD

    ProsGreat employee environment, stable company. GEICO has not had any layoffs in the last 30+ years, so stability is nice. Benefits are great - I left to join the Federal Gov't, and GEICO's benefits were superior. GEICO's HQ is in Chevy Chase, MD, which has tons of ammenities.

    ConsCheap management, easy to get lost in the crowd, little room for advancement. There is little flexibility for work/life issues. Most departments are large, and they tend to promote from within, so you're constantly competing against coworkers for advancement. They're cheap - the building was built in the 1960's and is showing its age, but they keep refusing to redevelop their site.

    Advice to Senior ManagementFocus on employee development

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
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    • No Opinion of CEO

    2 people found this helpful  

    Test Automation Wizard

    Senior Programmer Analyst II (Current Employee) Chevy Chase, MD

    ProsStability
    Profit Sharing Bonus
    Responsive HR
    Friendly Co Workers

    ConsDirty and Disgusting HQ
    Poor management of IT
    Old School Philosophy of Management

    Advice to Senior ManagementInstead of moving around leads and managers who are underperforming just demote them.

    Yes, I would recommend this company to a friend

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    micromanaged

    Technician (Current Employee) Chevy Chase, MD

    Proswork hours, profit sharing, cant think of any more

    Consmicromanaged, low pay, management talks to you like you're stupid

    No, I would not recommend this company to a friend

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    Provides good opportunity but old school policies are frustrating

    Project Manager (Current Employee) Chevy Chase, MD

    Pros- Get a lot of opportunity and responsibility really quickly
    - Working in Corporate HQ provides excellent visibility
    - Extremely stable

    Cons- Archaic policies
    - Below standard salaries

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Work/Life Balance
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    Great stability, but do a lot more with a lot less

    Manager (Current Employee) Chevy Chase, MD

    ProsExcellent stability; even through a bad economy, geico continues growth and is able to provide profit sharing to its employees
    Good place to start careers; young college grads are trained and offered additional education to help develop them into more knowledgable employees.
    Geico is embracing technology.

    ConsOld meets new; many people stay for a long time and hesitant to change, making it frustrating for younger workers.
    Salary; salaries are low in comparison to other industries.
    Environment; building and furniture are very old and outdated.
    Work location; no work from home or hotelling accommodations.
    Staffing; people make the company, but it is too difficult to get the staff you need to perform well in staff departments.
    Rewards for hard work; annual merit raises are too limited, making it difficult to adequately reward your staff for their tireless effort.

    Advice to Senior ManagementUpdate your management policies to allow work from home programs. Try to better understand the resource needs of staff departments better. Upper management places the emphasis on insurance staff and doesn't seem to respect the essential needs of staff departments. People are getting very burned out and will leave when the economy picks up.

    • Culture & Values
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    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Analyst's Review of GEICO

    Business Analyst (Current Employee) Chevy Chase, MD

    ProsVery fun people to be around. Relaxed environment. Stable company. Amazing experience if work in marketing/product management. Profit sharing. Good health benefits. Extremely scrappy culture.

    ConsPretty low pay- even with profit sharing. Whatever they offer you will be below what you expect if you're degreed. If you work on the phones then you will probably hate your job. Requirements to move up/get promoted are very unclear. I think this is purposefully done to keep expenses down but I can't prove it.

    Advice to Senior ManagementClearly, you all are doing a stellar job. Some people love the company. Some people hate it. Most like it. I liked it and I learned how to kick butt in business from watching GEICO take other companies' policyholders.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Great Place for Entry Level Employment

    Senior Systems Engineer I (Current Employee) Chevy Chase, MD

    ProsOpportunity to move between departments
    Provides Training
    Tries to keep up with new technology

    ConsNot open to newer management styles
    People stay in this company for very long time..making it difficult to move up the management chain
    No Work from Home Option

    Advice to Senior ManagementNeed to be more open to newer management styles
    Need to focus more on basic employee concerns/needs to increase efficiency
    Need to act on ideas faster

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Great Company. Great People Depends on what Department you Land into

    Senior Systems Engineer I (Current Employee) Chevy Chase, MD

    ProsBenefits
    Stability
    Corporate Culture
    Lots and lots of training provided related to your field.

    ConsConservation
    No proper furniture for employees. Almost all the Chairs are 15 years old
    No Work from Home
    Performance Appraisal is done at the end of year and is solely based on team lead's perception of your work.

    – I'm optimistic about the outlook for this company

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