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I have been working at Ace American Insurance full-time
Pros – Work environment is overall pleasant. Benefits are on par with other companies and the ESPP is a nice perk.
Cons – In 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 Management – Growth 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
2014-04-09 15:14 PDT
I have been working at Ace American Insurance full-time for less than a year
Pros – Weekly Teaser Salary of 600.00- ends after 12 weeks
Cons – Micromanagement galore, attitudes, negativity...They treat you very poorly and tell many untruths.
Advice to Senior Management – Take more interest in your people, and helping them to succeed.
2014-02-23 18:54 PST
I worked at Ace American Insurance as an intern for less than a year
Pros – The 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.
Cons – The 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 Management – Hire 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
2013-08-04 04:38 PDT
I worked at Ace American Insurance full-time for less than a year
Pros – Base salary was acceptable for market.
Cons – They 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 Management – Treat 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
2013-05-15 13:29 PDT
I worked at Ace American Insurance full-time for more than 3 years
Pros – Freedom to do the work and schedule your time
Cons – Lack 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 Management – Management 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
2013-03-06 12:07 PST
I worked at Ace American Insurance
Pros – Good 401K matching plan, vacation is good for officer and above.
Cons – Beny'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 Management – Give back the beny's you took away during the recession
2012-02-16 13:37 PST
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