There are newer employer reviews for Chubb Corp

 

Good place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Claims Supervisor  in  Simsbury, CT
Current Employee - Claims Supervisor in Simsbury, CT

I have been working at Chubb Corp

Pros

From a customer's standpoint it is a great insurance company - the customer comes first, if any doubt - their loss is covered. The benefit is always given to the insured. The benefits are very good; and depending on what office you work in - work/life balance is supported.

Cons

Because it is a good company to work for - people tend not to leave and that limits the opportunities for advancement. There are broad differences in working for the company depending on what department and/or what office you work in. Senior Management/Home Office needs to do a much better job at communicating in general and at communicating a vision for the company.

Advice to ManagementAdvice

They need to communicate early, more often and better. The gossip grapevine (and just regular individual worry) does more damage than just coming out and communicating to people what is going on.
Also need to communicate their sense of vision - there isn't enough (or any) leadership vision from the Senior Management.
Senior Management needs to reach down to the lower ranks for feedback - especially on what needs to be changed/improvement - and they cannot be any retribution if that feedback is negative (there is a sense among the middle-management and staff that any criticism - even constructive - will mean that not only won't you get promoted, but you will be at risk of losing your job. But reaching down isn't just for the feedback - when new ideas, projects or change is necessary (even something as basic as changing a workflow), Snr Mgmt tends not to include the people who are actually involved in that aspect of the business -- consequently, the change usually doesn't achieve the desired goal because the people with the knowledge to get it done are not included in the development process.

Recommends
Approves of CEO

165 Other Employee Reviews for Chubb Corp (View Most Recent)

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  1. 2 people found this helpful  

    "Don't Judge a Book by its Cover"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Vice President  in  Whitehouse Station, NJ
    Current Employee - Senior Vice President in Whitehouse Station, NJ

    I have been working at Chubb Corp

    Pros

    Company has a great reputation within the industry. Stock has held up well as compared to peers and the company continues to outperform its competitors.

    Cons

    Company is highly political and definitely not a meritocracy. This situation worsens the farther you make it up their corporate ladder.

    Advice to ManagementAdvice

    Please retire and leave so the next generation, which is significantly more competent and actually cares about the company, can take over.

    Recommends
    No opinion of CEO
  2.  

    Formerly a great place to work, still a good place, but headed the wrong way.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Programmer Analyst  in  Warren, NJ
    Current Employee - Senior Programmer Analyst in Warren, NJ

    I have been working at Chubb Corp

    Pros

    In good financial shape. Good support from lower management. Good benefits.

    Cons

    Little regard from upper management for employee welfare. A lot of recent reductions in employee benefits and flexibility.

    Advice to ManagementAdvice

    Reward employee loyalty. Use layoffs as last resort. Give better financial recognition. Realize that your employees are as important to your success as the current quarter's financials

    Disapproves of CEO
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