Ameritas Life Insurance Corp

www.ameritas.com

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Ameritas Life Insurance Corp Reviews

30 Reviews
2.8
30 Reviews
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JoAnn M. Martin
16 Ratings
  • 2 people found this helpful  

    A lot about corporate nonsense. Way behind the times. If you disagree, you're dumb. I want this company to BE BETTER.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Lincoln, NE
    Former Employee - Business Analyst in Lincoln, NE

    I worked at Ameritas Life Insurance Corp full-time (more than 3 years)

    Pros

    - Stable. Rarely fires or lays off employees. You can easily stay here and become a "lifer". You’ll have a job in 100 years when this company is still around rowing the large Viking ship on backs of valued Employees.
    - Pay and benefits are average. 401k is great.
    - Free stuff, Desk Drops, Sometimes free lunches
    - On-site café.
    - On-site workout facility, showers, and subsidizes gym memberships
    - A lot of the people that work there are good people.

    Cons

    - Slow, Boring
    - Very Risk Adverse
    - Hell Bent on Bureaucracy and Process
    - Technology is obscure (Novell, Mainframe, Lotus Notes, etc.)
    - Limited Upward Movement (even for top performers)
    - Extremely management heavy

    Advice to ManagementAdvice

    - Quit hiring more managers and executives - this will not fix anything.
    - Stop with the branding and re-branding. Stay simple.
    - Don't promote the same people that lead you into a bad position in the first place.
    - Do more to lessen the tension between your Lincoln and Cincinnati locations.
    - Be skeptical about people who always tell you 'Yes' and who always agree with you. Don't listen to the same people any more.
    - Take risks. Don't do the same things. I've seen this company run people out that wanted to make any change.
    - It is NOT LAW to go overboard with compliance (regardless of what MAR people preach). Look into it closely - you're being actively deceived. Not everything in the world needs MAR approval. You've been lied to.
    - Mainframe, COBOL, and Java (legacy systems) are making you slow to react to a rapidly progressing world.
    - You're deeply invested in some bad decisions, and it'll hurt like hell to fix them.
    - Quit putting IT and Business against each other. Decentralize IT and make them part of the business. No more "us vs them."
    - Buy software that the rest of the world uses. Quit buying systems that no one has ever heard of.
    - Subscribe to the entrepreneurial mindset. Subscribe to the minimalist mindset.
    - Get rid of the red tape (UNIFI FLOW). Don't make more red tape while trying to eliminate red tape. Be mindful of the goal. Less paperwork + Less process = More Progress.
    - I didn’t hate my time there near as much as this rant would suggest. I really, honestly want this company to BE BETTER.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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