Suncorp

  www.suncorp.com.au
  www.suncorp.com.au

Suncorp Reviews

Updated October 14, 2014
Updated October 14, 2014
47 Reviews
3.8
47 Reviews
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Patrick Snowball
23 Ratings

13 Employee Reviews Back to all reviews

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  1.  

    Not bad, lots of areas for improvement

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

    I have been working at Suncorp full-time

    Pros

    Most areas offer flexible hours, work from home etc. Pay is probably best in Brisbane. Lots of areas to move into, but it's who you know most of the time. Cost cutting has reduced development opportunities and other perks.

    Cons

    Not the place for you if you expect your own desk - they are shared and all your belongings are kept in a box that moves around with you. Plenty of dead wood and Management that shouldn't be Managers. Performance management is lacking. Politics is rife. In a nutshell, pay and conditions are great, but the environment and culture can be toxic in some areas.

    Advice to ManagementAdvice

    Loose the dead weight, and stop restructuring every six months - nothing ever gets done!

  2.  

    So so

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Marketing Manager in Melbourne (Australia)
    Current Employee - Assistant Marketing Manager in Melbourne (Australia)

    I have been working at Suncorp full-time (more than an year)

    Pros

    Work life balance and flexible.

    Cons

    Office culture. The old boy clubs .
    The capabilities of managers are mixed.
    Lip service is more than action.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Overall Suncorp can be a great place to develop your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Technology in Brisbane (Australia)
    Former Employee - Information Technology in Brisbane (Australia)

    I worked at Suncorp full-time (more than 5 years)

    Pros

    Flexible work from home arrangement.
    Understand work life balance.
    Current technology. Wifi everywhere. BYOD. Well developed remote access technologies.
    Team leaders are quite supportive.
    After a few years you may qualify for some professional training courses.
    Depending on which team you are in, you will find some great opportunities to develop your skillsets and knowledge.
    The Insurance part of the business is where you will find the best opportunities.

    Cons

    The banking business has failed to increase customer numbers/profit from each customer.
    The banking business culture is fairly conservative and is resistant to ideas that could significantly grow market share.
    It seems that the board has given up on market share growth and has embarked on a program of large scale head count reduction.
    At an executive level, IT strategy appears to driven by whitepapers from Netflix and a computer gaming organisation.
    IT execs believe the Cloud technologies will fix just about every problem.
    More broadly the executive team are implementing a program of head count reduction by implementing the following mechanisms;
    Outsource almost all back end processes to cheap offshore labour.
    Move all IT systems into the cloud to facilitate head count reduction in IT engineering teams.
    Real estate savings realised by implementing an 8 seats for 10 staff policy.
    De-centralise IT teams and integrate remaining talent into more business focused teams.
    Encourage natural attritition to minimise the amount of redundancy payouts.

    Advice to ManagementAdvice

    The banking business is up against some formidable rivals and cannot hope to improve market share by doing things the same old way. The banking business needs to be truely innovative to gain market share and sadly it seems that their is too much fear to take even small risks to innovate.
    Suncorp is neither a gaming company nor a video streaming business, so business models that work for those companies cannot apply to a conglomerate like Suncorp.
    Your doing great things in the insurance business.
    You got screwed on your Oracle licences.
    If you want to develop your banking business you are going to need a new executive culture to go with your new banking system.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    x

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

    I have been working at Suncorp

    Pros

    good job titles for shared service / advice functions

    Cons

    challenging to progress for P&L roles

    Advice to ManagementAdvice

    elevating all advice and support functions will dilute business acumen...

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good, except for the bureaucracy

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

    I worked at Suncorp full-time (more than 5 years)

    Pros

    Remuneration, team work, being able to use initiative

    Cons

    IT, the new procurement and invoicing process, lack of internal customer services i.e. hospitality, meeting room and equipment management and IT.

    Advice to ManagementAdvice

    Senior management i.e. EGMS need to mingle more with their non direct teams and make an effort in being more personally transparent

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good Company with a wide spectrum of colleague both good and bad

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

    I worked at Suncorp full-time (more than 3 years)

    Pros

    Large company with many opportunities
    Many brands and different segment strategies and business models
    Professionally run

    Cons

    Structure can be overly complex leading to excessive matrix and line management reporting, duplication, internal negative competition

    Advice to ManagementAdvice

    Rotations and cross group teaming

    Recommends
    Positive Outlook
  8.  

    A company that still tries to find its own culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Sydney (Australia)
    Current Employee - Manager in Sydney (Australia)

    I have been working at Suncorp full-time (more than an year)

    Pros

    Pays market rate
    One of the biggest GI insurer.
    Market leader in pricing techniques and pricing engines.

    Cons

    Your experience will greatly depend on who is your manager.
    Doesn't have a clear career pathway.

    Advice to ManagementAdvice

    Need to set clear pathways for ambitious people.
    Need to remove red tapes.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Ok, if you don't mind a bit of pressure to sell

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

    I worked at Suncorp (less than an year)

    Pros

    Worked with some good people

    Cons

    Job a little ambiguous. Training says Customer needs come first. Real life on the floor, Sales to customers always come first.

    Advice to ManagementAdvice

    Listen to your people

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    comfortable

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

    I have been working at Suncorp

    Pros

    renumeration is higher than most in old

    Cons

    its a bit of a boys world!

    Advice to ManagementAdvice

    advertise jobs....

    Recommends
    Approves of CEO
  11.  

    suncorp sydney office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Sydney (Australia)
    Former Employee - Anonymous Employee in Sydney (Australia)

    I worked at Suncorp

    Pros

    Suncorp has nice building in sydney.

    Cons

    not great to be in sydney - non- hq. communication not great
    salary is below competitive

    Advice to ManagementAdvice

    Need to pay competitve salary to employees

    No opinion of CEO

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