GAINSCO Reviews

Updated April 15, 2015
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3.4
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Glenn W. Anderson
9 Ratings

14 Employee Reviews

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  1. Helpful (1)

    Great company, great location

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

    I have been working at GAINSCO full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Overall a positive company, with a positive business outlook. Lot's of growth and opportunities. The company culture mirrors one more of a small, grassroots organization.

    Cons

    Some of the systems can be dated, but do not present an issue, just a reason to continue growth an exploration.


  2. Quick advancement if you do the right things

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

    I have been working at GAINSCO full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The people who work here are accepting, talented, and driven.
    Great training especially if you are new to insurance.
    It's a smaller company so you get to have a larger scope of your position and get to learn more.
    Regular interaction with executive leadership, VPs, CEOs.
    They really recognize people for their talent and will promote the right people instead of just choosing someone who has been there the longest.
    Good vacation time.

    Cons

    GAINSCO is growing quickly and we sometimes are not able to hire people quickly enough.

    Advice to Management

    Maternity leave needs vast improvements. Many of your best employees are working mothers and just providing the minimum requirements for short term disability don't show that you value them.


  3. Latest technology, nice people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GAINSCO full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    People are nice, but some already left.

    Cons

    Benefit and salary is so so...


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  5. It was Good at first then got frustrating

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Territory Sales Manager in Miami, FL
    Former Employee - Territory Sales Manager in Miami, FL

    I worked at GAINSCO full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    the pros is that you work with insurance agent in a territory and if you're a people person you'll build life long relationships

    Cons

    Unrealistic Monthly Quotas, Consistently shutting down areas that disallows your insurance agents in your territory to send you business. Not a lot of opportunities to grow in the company.

    Advice to Management

    Improve Your Product,


  6. Great Company, Great Potential for Growth, Unbelievable Opportunities

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

    I have been working at GAINSCO full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    All the advantages of a mom and pop with the perks of working for a corporation. Management is flexible and understanding about "life situations" and takes an interest in your direction as an employee, regardless of your current position. Management listens to employees and encourages constructive criticism. It's rare to see a corporation of GAINSCO's size take a small idea from a general employee and apply it on a large scale.

    Cons

    Health benefits are average at best and some departments lack the couth and integrity that others excel in. Additionally, the demographic served is.... difficult... at times.

    Advice to Management

    I don't believe entirely in Welch's 20-70-10 philosophy, but I do believe GAINSCO would excel in letting some of its underperformers go. Keep up the great work in listening to your employees and in your unwaivering pursuit to become the best non-standard auto insurance company in the markets we serve.


  7. Horrible horrible horrible

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

    I have been working at GAINSCO full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    A very casual work environment. Too casual

    Cons

    Once you are hired there is no training for your position. You are required to self train and rely on co-workers for assistance. Please do not count on your team leads for leadership. Please I urge you to think long and hard before accepting a position here.

    Advice to Management

    Do a clean sweep in managerment and start over.


  8. Unrealistic workload

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Adjuster in Doral, FL
    Current Employee - Claims Adjuster in Doral, FL

    I have been working at GAINSCO full-time (Less than a year)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Benefits and pay are decent

    Cons

    No organization when assigning claims.
    Doral office loves to gossip and talk about each other

    Advice to Management

    Submit claims assignment evenly and fairly


  9. If you can ride the wave, you won't crash and burn

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

    I worked at GAINSCO

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    There is constant growth and change, you must be able to handle this. In terms of the atmosphere it has a strong and positive energy. Certain departments have strong team synergy

    Cons

    Constant Management changes in most departments. There is a lack of Unity/Vision from a leadership perspective.

    Advice to Management

    Bring and build consistency within the team. Recognize and value that you must invest in training and development across the board.


  10. Best place I've ever worked

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Dallas, TX
    Current Employee - Anonymous Employee in Dallas, TX

    I have been working at GAINSCO

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    I recently had a tragedy in my family and I can't tell you the outpouring of support and concern I had from both employees and management. I've been here 5 years and GAINSCO is without a doubt the best place I've ever worked. Other pros: smart, creative employees, management that listens, competitive pay, ability to be creative and see ideas implemented... all in a caring and supportive environment.

    Cons

    healthcare insurance is expensive (but it is, everywhere)


  11. Too many bosses, not enough listening to employees.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Adjuster in Miami, FL
    Former Employee - Adjuster in Miami, FL

    I worked at GAINSCO

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The regular employees work well with each other.
    New office right off the turnpike.

    Cons

    No bodily injury manager with real authority. You always have to go to HQ for authority.
    No raises in the two years that I was there.
    If you leave with time accrued, the companies new policy is to not pay for time accrued.

    Advice to Management

    Give authority to Miami and let them handle claims.



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