GEICO Reviews

Updated July 15, 2015
24 reviews filtered by
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4.0
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GEICO Chairman and CEO Olza (Tony) Nicely
Olza (Tony) Nicely
23 Ratings

Pros
  • Geico likes to keep quiet their profit sharing- normally around 20% of your salary- given as a bonus in spring time (in 203 reviews)

  • profit sharing & great benefits package (in 103 reviews)

Cons
  • No respect for work/life balance (in 26 reviews)

  • Offices reflect the 'low cost provider' mantra (in 25 reviews)

More Pros and Cons

24 Employee Reviews

Sort: Popular Rating Date
  1. Great Benefits / Noncompetitive Pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chevy Chase, MD
    Current Employee - Anonymous Employee in Chevy Chase, MD

    I have been working at GEICO

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Its a great work environment with, friendly people, very diverse, dedicated employees with long tenure, i think the benefits are really good, for the most part its what keeps me motivated to work.

    Cons

    I believe the salary for non IT jobs can be better, alot better. This is the part I battle with, noncompetitive pay but good benefits, at the end of the day you have to compensate hard work with extra money or you will lose good people.

    Advice to Management

    Take time to coach your team, encourage more one on one sessions, alot if managers do this already but some do not. Embrace the diversity and your team will go far.


  2. Helpful (1)

    Actuarial Associate Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Actuarial Associate in Chevy Chase, MD
    Former Employee - Actuarial Associate in Chevy Chase, MD

    I worked at GEICO full-time (More than 3 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    It's a great place to start your career. You will get decent experience and the workload is usually pretty manageable depending on your team. The department has a lot of young people which makes for a pretty fun working environment early on, but this can slowly erode as you become more tenured. GEICO has a very good actuarial exam program with relatively standard bonus and raises for passing.

    Cons

    Salary is usually below what other companies offer for similar positions, but overall benefits package is reasonable. Promotions often seem to be more tenure based than merit based, but that has changed some recently. Ultimately, the team you end up working for has a huge impact on your ratings and when you get promoted. The department has very little direction beyond the one year goals. No work from home options available, not very good vacation time.


  3. GEICO

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - PMA II in Chevy Chase, MD
    Current Employee - PMA II in Chevy Chase, MD

    I have been working at GEICO

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Profit Sharing, Work / Life Balance, Growing,

    Cons

    Some micro-management, Plaza building not most up to date


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  5. Geico summer intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Tech Development in Chevy Chase, MD
    Current Intern - Tech Development in Chevy Chase, MD

    I have been working at GEICO as an intern

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    They have a a very family like culture at Geico. They hire within and over 50% of employees were referrals. Incredibly friendly environment.

    Cons

    The place is rather unorganized. The building needs to be revamped. The salaries and wages are not low by any means in comparison to its competitors but they don't get too high either.


  6. Overall good, this is a strong company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Management Analyst in Chevy Chase, MD
    Current Employee - Product Management Analyst in Chevy Chase, MD

    I have been working at GEICO full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Work/life balance Training Consistency of duties Opportunities for advancement

    Cons

    Advancement has a ceiling Compensation Old-school culture

    Advice to Management

    Allow for flexible work schedules/telework


  7. Helpful (1)

    Moderate expectations of employees with opportunities to excel with an outstanding work ethic and creative ideas.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Modeling Analyst II in Chevy Chase, MD
    Current Employee - Product Modeling Analyst II in Chevy Chase, MD

    I have been working at GEICO full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Decent health care, good profit sharing, and OK time off, good sick and personal time policies. Lots of opportunities to learn and move within the company.

    Cons

    Pay is not spectacular, building is old and crappy, dress code is outdated for analysts, and a number of your coworkers will be pretty dumb.

    Advice to Management

    Improve the cons above.


  8. Fast growing company. A lot of growth opportunities

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Systems Analyst in Chevy Chase, MD
    Current Employee - Senior Systems Analyst in Chevy Chase, MD

    I have been working at GEICO full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Promotional opportunities, benefits and educational assistance.

    Cons

    I don't feel like the salary is as competitive as other companies.


  9. Not bad

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead Systems Analyst in Chevy Chase, MD
    Current Employee - Lead Systems Analyst in Chevy Chase, MD

    I have been working at GEICO full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Job Security and stability. Good ethics

    Cons

    Bureaucratic. Backlog on upward movement. Lack of innovative ideas.


  10. Helpful (2)

    Actuarial Assistant to Actuarial Supervisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Actuarial Associate in Chevy Chase, MD
    Current Employee - Senior Actuarial Associate in Chevy Chase, MD

    I have been working at GEICO full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great training on actuarial and technical skills, opportunity to present to senior management

    Cons

    Uncompetitive but manageable salary, horrible building, raises barely keep up with inflation, high turnover

    Advice to Management

    Realize that DC is has an extremely high cost of living and the salaries are not competitive. Low salaries can be dealt with if you don't have to deal with a building over 60 years old.


  11. Helpful (1)

    GEICO is a nice place to work, depending on the job you're doing

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Chevy Chase, MD
    Current Employee - Analyst in Chevy Chase, MD

    I have been working at GEICO full-time

    Positive Outlook
    Approves of CEO
    Positive Outlook
    Approves of CEO

    Pros

    - As long as you aren't in a call center, GEICO has a fun culture full of nice people. - The health benefits are pretty nice. - Profit sharing is Good

    Cons

    - Lower pay than comparable positions at other companies - Lots of people that hide in the cracks of the corporate structure that don't really contribute. - Sometimes the left hand of GEICO does something that is in direct conflict with what the right hand is doing.

    Advice to Management

    - Pay your employees more. Not only will this keep top talent, it'll also allow them to live much closer to HQ and improve moral.



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