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There are newer employer reviews for CNA

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No Opinion

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Claims Specialist in New York, NY
Current Employee - Claims Specialist in New York, NY
Recommends
No opinion of CEO

Pros

Hours are pretty decent. About 8-1.5 hour workday. Abitlity to work from home. To some degree there is flex time. People are great.

Cons

The salary is middle of the road. Advancement is somewhat difficult, but I think it is like that in most insurance companies. If there is noone leaving at the position above you, then there is nothing available.

Advice to Management

To give more feedback, and adress the career track more. Also, there should be point, at least at promotion, where one can renegotiate salary, at least to some extent, and not just be locked in to a percentage increase at what you started at.

Other Employee Reviews for CNA

  1. An average company, which has a long term vision but still dealing with legacy issues

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - General Manager in Chicago, IL
    Current Employee - General Manager in Chicago, IL
    No opinion of CEO

    Pros

    Overall a good company to work for, where team work is promoted. More recently the Executive Management team has done a tremendous job of communicating the companies advantages and flaws and a clear road-map for where the company needs to go.

    Cons

    First, the cyclical nature of the Insurance industry results in regular downsizing as the company refocuses on particular lines of business within its portfolio of Property and Casualty business. Secondly, the company's Underwriting and Claims groups have had prior issues resulting in non-sufficient reserves. These inadequte results in the company getting pounded by rating agencies dragging the company lower in rankings amongst its competitors.

    Advice to Management

    Until the company executes on its long term vision to focus on Property and Casualty, the remaining legacy issues will require you to fight daily "fires" that need to be addressed. If you understand how insurance works, are a hard worker and intelligent you will not face difficulty in establishing yourself in a leadership position. Take the first quarter to understand the company's legacy issues, long term vision and direction and meet with as many Sr. Management of the groups you will be working with to understand how they run their business and departments. After this, cut through the "rosy picture" and "fluff" and create an aggressive, yet realistic, list of executable tasks that you and your team need to work on - and most importantly, be ready to respond to changes in priorities.


  2. Good working environment

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Chicago, IL
    Current Employee - Senior Financial Analyst in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    CNAF has given me the opportunity for career advancement based on my hard work and dedication to my position.

    Cons

    The work/life balance can be difficult at times where there are long days as well as adjustment to personal vacation schedules. There also is insufficient understanding of the different roles of between departments. In terms of compensation, it is difficult to gauge how you are compensated relative to your peers since there is a culture of non-sharing of salary information.

    Advice to Management

    I believe Senior Management needs to better communicate and educate how each department results or plans interact with each other. Compensation should also be more transparent since hard-working employees may question if they are compensated fairly relative to peers. Since compensation is so secretive, it may give the impression that experience instead of performance is a leading indicator of how compensation is determined.


There are newer employer reviews for CNA
There are newer employer reviews for CNA

See Most Recent

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