Ace American Insurance
2.7 of 5 6 reviews
www.ace-ina.com Philadelphia, PA

Ace American Insurance Reviews

Updated Apr 9, 2014

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2.7 6 reviews

                             

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50% of employees recommend this company to a friend
6 Employee Reviews
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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Overall a Good Work Environment

Anonymous Employee (Current Employee)

I have been working at Ace American Insurance full-time

ProsWork environment is overall pleasant. Benefits are on par with other companies and the ESPP is a nice perk.

ConsIn my area of expertise there is limited growth potential unless you are in the Home Office. Sometimes upper management is detached from what is going on in the field and seems to devalue our input. Systems are not the best and seemed to be chosen soley on price without any meaningful investigation into their functionality.

Advice to Senior ManagementGrowth potential for people in the field would be appreciated. Once you hit a certain level there is nowhere to go but out the door to expand.

Yes, I would recommend this company to a friend

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Negative Managment with False Promises and Attitudes

Sales (Current Employee)

I have been working at Ace American Insurance full-time for less than a year

ProsWeekly Teaser Salary of 600.00- ends after 12 weeks

ConsMicromanagement galore, attitudes, negativity...They treat you very poorly and tell many untruths.

Advice to Senior ManagementTake more interest in your people, and helping them to succeed.

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

I loved my time at ACE and hope I get back.

Claims Intern (Former Employee)
Jersey City, NJ

I worked at Ace American Insurance as an intern for less than a year

ProsThe overall attitude of the office fit my personality very well. It is a lot of work hard play hard type of people and many happy hours. Nobody LOVES insurance, but being around people like this make it tolerable, especially for only a summer.

ConsThe only downside for me was to the commute, which is tough for anybody. It is an annoying commute for people in Manhattan that should not have any commute longer than 15 minutes and it is in a weird spot for others. Easy commute, just time consuming as it is right at a path, light rail and ferry stop.

Advice to Senior ManagementHire more interns. This was the first year they had interns and it was such a great experience I hope they continue to hire interns.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Timid management and crowded open seating conditions

Director, IT (Former Employee)
Philadelphia, PA

I worked at Ace American Insurance full-time for less than a year

ProsBase salary was acceptable for market.

ConsThey provide a percentage match to your 401K contributions, but you must be there two years for them to vest. Be prepared to have your spouse submit to a blood test, or pay a higher health care premium. You must be accepting of open-floor seating with no privacy at all regardless of level within the organization. Jobs are eliminated at an instant with no explanation.

Advice to Senior ManagementTreat people the way you would want to be treated.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Risk Control Service Representative

Anonymous Employee (Former Employee)
Los Angeles, CA

I worked at Ace American Insurance full-time for more than 3 years

ProsFreedom to do the work and schedule your time

ConsLack of support from local office underwriting staff. 401k retirement is so so. Risk Control not thought highly of by underwriting or Regional exec.

Advice to Senior ManagementManagement needs to do due diligence before placing new positions in the local offices.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

overall good work environment

Assistant Vice President (Former Employee)
Philadelphia, PA

I worked at Ace American Insurance

ProsGood 401K matching plan, vacation is good for officer and above.

ConsBeny's are expensive and senior management has been consistantly cutting benefits (educational comp, 401K matching, bonus, stock awards, etc) over the years...

Advice to Senior ManagementGive back the beny's you took away during the recession

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