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7 days ago

Agency Process Associate

Allstate Insurance Albuquerque, NM

The Agency Sales division helps develop business policies, processes and programs as well as provides a broad range of support designed to help over… Allstate Insurance


Allstate Reviews

1,435 Reviews
3.4
1,435 Reviews
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Allstate Chairman, President, and CEO Thomas J. Wilson II
Thomas J. Wilson II
719 Ratings
  • 2 people found this helpful  

    Great time to be an Allstater (corporate)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Northbrook, IL
    Current Employee - Financial Analyst in Northbrook, IL

    I have been working at Allstate full-time (more than a year)

    Pros

    Company is growing like a weed due to some really positive business practice changes in recent history.

    It's nearly impossible to get fired; this makes it a great company for someone who doesn't have a ton of experience but is a hard worker. Failing is seen as process of learning.

    Allstate is transforming from a 'gut-feeling' decision company to data-driven decision company. This means younger/fresher minds making big decisions.

    Great benefits.

    New senior managers are superior to those they are replacing. This company has a great future.

    Cons

    Old company that is stuck in its ways. Many of the managers were successful 20-30 years ago and have held on to their comfortable job for the pension. These managers don't want to rock the boat or risk their career on a new project, so things move very slowly.

    The top 25% of talent is not adequately compensated for their abilities. The top 5% of talent is promoted very quickly through the very limited management spots at Allstate. The next 20% of talent occasionally gets an analyst promotion (~10% pay increase and no new responsibilities) and maxes out their annual merit increase (~7% per year). This group could make substantially more at a start-up-style company.

    The best workers don't have much work-life balance, but the typical 9-5 employee does not progress in their career. At Allstate, you really have to choose between the two.

    Advice to ManagementAdvice

    There needs to be less management layers.

    Recommends
    Positive Outlook
    Approves of CEO

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