GAINSCO Reviews

Updated August 20, 2014
Updated August 20, 2014
11 Reviews
3.0
11 Reviews
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Recommend to a friend
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Glenn W. Anderson
8 Ratings

Employee Reviews

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  1.  

    It was Good at first then got frustrating

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

    I worked at GAINSCO full-time (more than an year)

    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 ManagementAdvice

    Improve Your Product,

    Doesn't Recommend
    Neutral Outlook
  2.  

    Great Company, Great Potential for Growth, Unbelievable Opportunities

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

    I have been working at GAINSCO full-time (more than an year)

    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 ManagementAdvice

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Horrible horrible horrible

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

    I have been working at GAINSCO full-time (less than an year)

    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 ManagementAdvice

    Do a clean sweep in managerment and start over.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Unrealistic workload

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

    I have been working at GAINSCO full-time (less than an year)

    Pros

    Benefits and pay are decent

    Cons

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

    Advice to ManagementAdvice

    Submit claims assignment evenly and fairly

    Doesn't Recommend
    No opinion of CEO
  6.  

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

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

    I worked at GAINSCO

    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 ManagementAdvice

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

    Recommends
    Disapproves of CEO
  7.  

    Best place I've ever worked

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

    I have been working at GAINSCO

    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)

    Recommends
    Approves of CEO
  8.  

    Too many bosses, not enough listening to employees.

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

    I worked at GAINSCO

    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 ManagementAdvice

    Give authority to Miami and let them handle claims.

    Doesn't Recommend
    Disapproves of CEO
  9.  

    Gainsco

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

    I have been working at GAINSCO

    Pros

    The employees who support the organization

    Cons

    The management is incompetent and need to stick to going in one direction

    Advice to ManagementAdvice

    Stop making changes and recognize asserts

    Doesn't Recommend
    Disapproves of CEO
  10.  

    disasterous

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

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

    Pros

    rising company with some advancement opportunities

    Cons

    high turnovers in management. Poor leadership

    Advice to ManagementAdvice

    stop hiring your buddies

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Good place to work at

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at GAINSCO

    Pros

    Smaller organization, less bureaucracy, more interaction between management and employees.

    Cons

    Pay is not competitive enough.

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