Zurich Insurance Group

  www.zurich.com
  www.zurich.com
There are newer employer reviews for Zurich Insurance Group

1 person found this helpful  

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)

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

Doesn't Recommend
Negative Outlook

95 Other Employee Reviews for Zurich Insurance Group (View Most Recent)

Sort: Rating Date
  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)

    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 ManagementAdvice

    - 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

    Recommends
  2. 2 people found this helpful  

    Maddening at times

    • 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)

    Pros

    It's better than starving. Seriously, the money is ok, but raises are pitiful, and bonuses are meted out carelessly and often to the wrong people.

    Cons

    Upper managers keep their jobs by inventing new initiatives ever year or so, then quickly abandoning rhem in favor of something new. This makes them appear like they always have an active project., but is hell for those affected by their decisions. Promotions are very superficial. If you want to get ahead, women should be under 30 and wear short skirts, and men should be very loud and irritating. Both genders must run their mouths while saying nothing of real value. Just fill that dead airspace! Also, new hires are not trained very well and many are woefully lacking in necessary job-related skills.

    Advice to ManagementAdvice

    Somebody who talks a lot is not necessarily a good communicator. Marketing, I'm looking at you and your sad excuse of a leader.

    Doesn't Recommend
There are newer employer reviews for Zurich Insurance Group

Work at Zurich Insurance Group? Share Your Experiences

Zurich Insurance Group

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.