There are newer employer reviews for Zurich Insurance Group
There are newer employer reviews for Zurich Insurance Group

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Helpful (2)

Zurich & Farmers Insurance Career

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior General Adjuster in Houston, TX
Current Employee - Senior General Adjuster in Houston, TX

I have been working at Zurich Insurance Group full-time (More than 10 years)

Recommends
Negative Outlook
Recommends
Negative Outlook

Pros

Above average Pay & Benefits, a lot of freedom in decision making. Intense ongoing training & education. Wonderful Company to launch your career. Multiple business divisions to expand your skill and training sst.

Cons

More Managers than employees, the company is top heavy in management so it limits your ability to climb the corporate ladder. Most executive positions are located in California but most of the company's business is located in the South, South East & East Coast. Management rarely sees in person the actual damage and risk situtations that the comapny actually insures.

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  1. Helpful (1)

    Overworked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claim Specialist in Atlanta, GA
    Current Employee - Claim Specialist in Atlanta, GA

    I have been working at Zurich Insurance Group full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Located in a nice area
    Flexible schedule
    No micromanaging

    Cons

    Horrible benefits
    Overworked
    High turnover
    No structured training
    Low employee morale
    Limited job growth or advancement

  2. Helpful (1)

    IT Department is terrible, pockets of other departments can be much better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Schaumburg, IL
    Current Employee - Anonymous Employee in Schaumburg, IL

    I have been working at Zurich Insurance Group full-time (More than 10 years)

    Recommends
    Recommends

    Pros

    - Benefits and compensation can be good if you avoid falling into a forced ranking nightmare
    - It is a highly stable and reliable company
    - Increasing focus on corporate responsibility and community investment

    Cons

    - The forced ranking system whereby each unit must rank some of its team low and cut them out of rewards can hinder or totally kill the collaborative spirit, puts managers in a difficult spot, and is counterproductive
    - There is NO effort to help you develop or find new positions in the company - if they need to reduce headcount in one area, they just get rid of you without any thought to trying to find you something else first (I've seen very few exceptions to this in my 13 years with them)

    Advice to Management

    - Get rid of the forced rankings, even if you have to adjust the overall bonus schedule a couple of points downward or reduce the 401k match percentage for first five years
    - Work hard on investing in your IT department and on changing the culture in that department

There are newer employer reviews for Zurich Insurance Group
There are newer employer reviews for Zurich Insurance Group

See Most Recent

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