RBC Insurance Reviews

Updated April 9, 2015
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RBC Insurance President and CEO Neil Skelding
Neil Skelding
5 Ratings

Pros
  • Great people, really good working environment (in 4 reviews)

  • Work-life balance is decent once you have some seniority (in 3 reviews)

Cons
  • Not necessarily the best place to start if you want to move within the banking side of RBC (in 2 reviews)

  • End of year bonus will depends mainly on your numbers/stats, which can sometimes be a little unrealistic (in 2 reviews)

More Pros and Cons

18 Employee Reviews

Sort: Popular Rating Date
  1. They no longer exist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Agent in Spartanburg, SC
    Former Employee - Agent in Spartanburg, SC

    I worked at RBC Insurance full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They had great managers. They had achievable requirement for conference trips. They gave you a book of business to work from which was extremely nice. That was my first introduction into insurance services and I didn't realize how good I had it from that standpoint.

    Cons

    Their products available to sell were limited. Part of this was due to them being on the market to be sold. RBC had banks in the Southeast and had purchased Liberty Life Insurance Company as their insurance arm in 2000 and then in 2010 RBC sold Liberty Life and has completely pulled out of the United States.


  2. A Good Company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Baton Rouge, LA
    Current Employee - Agent in Baton Rouge, LA

    I have been working at RBC Insurance

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Co - workers are great to work with and all are team players. Pay is average to above average.

    Cons

    Company doesn't advertise at all and you have limited products to offer your clients.

    Advice to Management

    .


  3. RBC Insurance U.S.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director, Agency Development in Greenville, SC
    Former Employee - Director, Agency Development in Greenville, SC

    I worked at RBC Insurance

    No opinion of CEO
    No opinion of CEO

    Pros

    RBC is a strong company financially. Generally, the people in the Greenville office are terrific to work with. The home office is in a beautiful facility, and benefits are good.

    Cons

    The parent company is not committed to growth of the insurance company in the United States. The U.S. home office has been troubled by weak leadership at the top and within the distribution channels..

    Advice to Management

    The U.S. operation has some terrific talent, but you need to get the right leaders on the bus, and get the wrong leaders off!


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  5. Life and Living Benefits Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Life and Living Benfits Advisor in Meadowvale, MB (Canada)
    Former Employee - Life and Living Benfits Advisor in Meadowvale, MB (Canada)

    I worked at RBC Insurance full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Excellent work environment. good ethics in buisness

    Cons

    Long Hours. some stressful days but overall bearable

    Advice to Management

    Make best better


  6. Not bad

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mississauga, ON (Canada)
    Former Employee - Anonymous Employee in Mississauga, ON (Canada)

    I worked at RBC Insurance full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    It's a large company with good benefits and salary. Bonus was good and it was given every year. Didn't have a lot of overtime and hours were flexible.

    Cons

    There were a few difficult people in charge of areas that made it difficult for others working there. A lot of office politics.

    Advice to Management

    Upper management need to get rid of the managers that are ruining the work environment for most of the rest of staff. Waiting for them to retire isn't soon enough. Certain people can fake having people skills when required but really don't care about the rest of the staff.


  7. Good Opportunity for the right type of Salesperson

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - RBC Licensed Insurance Advisor
    Current Employee - RBC Licensed Insurance Advisor

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Pays a steady base salary

    Cons

    Cold Calling and late nights


  8. 7 years In IT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Part of IT
    Current Employee - Part of IT

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

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Good peers, training is provided

    Cons

    Poor management, limited room for growth, managers have favourites, directors don't care to provide fair direction for mangers.
    Pay is average but expectations are extremely high standard for your job. People leave and are not replaced, other staff is expected to pick up the slack.

    Advice to Management

    Consider keeping your employees by being fair. Cost of living has gone up, RBC has had profit earnings but this is not passed on to staff, instead they only provide increases to limited few (ones that are in flight).


  9. The telemarketers should be a separate office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Telemarketer in Victoria, BC (Canada)
    Former Contractor - Telemarketer in Victoria, BC (Canada)

    I worked at RBC Insurance as a contractor (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Worked under contract, could set own hours, boss agreeable sort.

    Cons

    Expected more than I was really qualified/trained for; immediate supervisor's dislike turned into verbal bullying (telling me I'd fail before I even had a chance to start my day), although when she was in a better mood she would (very rarely, to be fair) touch me in a non-sexual way without my consent. There was also little respect within our "boiler room" in one significant but not (from lher point of view) abusive way: she and another employee would chat to each other through me without respect for the distraction and annoyance it caused me.

    Advice to Management

    If you're going to allow your branches to hire telemarketers, seek out a separate company to do it for them, and provide the leads (some of us aren't able, mostly because we have too much to do in our offtime already, to hunt for "fresh game" as it were) to potential clients and repeat business.


  10. Licensed Insurance Adivsor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at RBC Insurance

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Great people, I met a lot of good friends there.

    Cons

    Feel like you are in grade school. Micromanaged would be an understatement.


  11. Licensed Home & Auto Insurance Agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at RBC Insurance full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Decent starting salary for home and auto insurance agents.

    Cons

    Poor organization, lack of resources in terms of staffing, archaic computer system, unethical management.

    Advice to Management

    Be more considerate



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