California Department of Insurance

www.insurance.ca.gov
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There are newer employer reviews for California Department of Insurance

 

If you have to work in state government, this is the place to do it.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee in Sacramento, CA
Former Employee - Anonymous Employee in Sacramento, CA

I worked at California Department of Insurance

Pros

The CalPERS retirement pension and overall health benefits are fantastic.

Cons

There's a large number of people who have had the same job for a very long time. In my experience, if you aren't promoted, and dont leave, then you're in a rut and ineffective.

Advice to ManagementAdvice

Keep all of the Poizner reforms in place.

Recommends
Approves of CEO

11 Other Employee Reviews for California Department of Insurance (View Most Recent)

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  1.  

    The Department of Insurance is a great place for work/life balance, but a difficult place to find work fulfillment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Staff Attorney in San Francisco, CA
    Current Employee - Staff Attorney in San Francisco, CA

    I have been working at California Department of Insurance

    Pros

    The Department is a solid place to work if your primary concerns are job security and work/life balance.

    Cons

    Very little opportunity for career advancement. Job skills are not very transferable, unless you are interested in a career in the insurance industry. Because the Insurance Commissioner is an elected official, many job duties are heavily influenced by politics.

    Advice to ManagementAdvice

    There is a significant need for training and better management of day-to-day operations. Some management are unable to make decisions on issues, which directly results in inefficiencies and confusion about the Department's objectives.

    Recommends
  2.  

    It's very rewarding working with many senior analyst.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Actuarial Analyst Student Assistant
    Current Employee - Actuarial Analyst Student Assistant

    I have been working at California Department of Insurance

    Pros

    Get a big picture of the insurance industry and insurance companies
    Learn to anaylze the operation, asset adequency and liability risks for insurance companies
    Build excel modelling skills and actuarial analysis skills
    Get to know the state insurance laws and calculations for nonforfeiture values

    Cons

    No full time opportunity provided
    The internship period is about one half year
    Not get into very detailed actuarial analysis

    Advice to ManagementAdvice

    Probably rotation opportunities among life insurance, annuity, medicare areas will be helpful for students to discover their interests.
    A trainning programs on the State law, main calculations and models

    Approves of CEO
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