Insurance Australia Group Reviews

Updated August 20, 2015
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3.7
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Approve of CEO
Insurance Australia Group CEO Mike Wilkins
Mike Wilkins
11 Ratings

29 Employee Reviews

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  1. Doing a good job in a tough environment.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Head of Peformance & Reward in Sydney (Australia)
    Current Employee - Head of Peformance & Reward in Sydney (Australia)
    Recommends
    Approves of CEO

    Pros

    Good people, community / sustainability agenda, supportive of employees, good compensation and flexible work practices. The Company offers opportunities for career growth.

    Cons

    Tough time for insurance, poor financial results in 2008. Company is current in a significant period of change and is shifting to a decentralised model. Once this is completed, I expect we will move to a very positive outlook. QBE has been stalking the Group, so there is a possibility of a takeover in the next 12 to 18 months.

    Advice to Management

    Focus on getting the key things right and restoring the Group to solid profitability.


  2. Insurance Australia Group

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sydney (Australia)
    Current Employee - Anonymous Employee in Sydney (Australia)
    Recommends
    No opinion of CEO

    Pros

    Work life balance at Head Office

    Cons

    No communication between all brands under the IAG umbrella

    Advice to Management

    More communication across all brands


  3. Great Employer, lots of opportunities

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great flexibility, lots of opportunities, management care about developing others, focus on culture and behaviours.

    Cons

    Need to encourage more information sharing and less "competing".


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  5. Helpful (1)

    Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources in Sydney (Australia)
    Current Employee - Human Resources in Sydney (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good management in place and everyone is approachable. Minimal micro management and everyone willing to help out - you wont last if you want to be a lone ranger!

    Cons

    Too much change - I'm not change reluctant however I went through 3 restructures in 2.5 years

    Advice to Management

    Salaries probably need to be more competitive however people choose to come here for the flexibility & values the CEO drives so its a bit of give & take.


  6. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Auckland (New Zealand)
    Former Employee - Manager in Auckland (New Zealand)
    Recommends
    Positive Outlook

    I worked at Insurance Australia Group (More than a year)

    Pros

    - Really nice working culture - Good treatment from management - Good work / life balance - Opportunity for growth

    Cons

    - Some management a little stuck in their ways


  7. Good company to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Burwood, Victoria (Australia)
    Current Employee - Consultant in Burwood, Victoria (Australia)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Insurance Australia Group full-time (More than 8 years)

    Pros

    Flexible hours and nice people to work with. Only few companies located at suburb area. Free parking and nice environment to work.

    Cons

    The company is constant changes and cost employees in a state unrest. All changes causes employees lost sense of belonging.

    Advice to Management

    Emphasize on employment loyalty


  8. A wonderful and rewarding career

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Level Planner in South Brisbane (Australia)
    Current Employee - Service Level Planner in South Brisbane (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Insurance Australia Group full-time (More than 5 years)

    Pros

    IAG has fully supported me within my career with both personal and professional development. Continuous coaching and a business culture designed to encourage honest conversations to ensure that the company continues to challenge itself and adapt to social, economical & climate changes.

    Cons

    An area of opportunity at the moment is further development of technology options to allow for virtual roles rather than the need to have everyone working out of the one location.


  9. Satisfied

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sydney (Australia)
    Current Employee - Anonymous Employee in Sydney (Australia)

    Pros

    Good people, diverse backgrounds, staff very customer focused.

    Cons

    Exec could improve communication and accountability for poor performers. Tends to be overly managed top- heavy and process driven over results

    Advice to Management

    Walk the Floor and get a better understanding of what customers want


  10. Good company culture and environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Security Consultant in Melbourne (Australia)
    Current Employee - Security Consultant in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good company culture with work life balance.

    Cons

    Constant changes happening. Restructure, realign priorities etc.

    Advice to Management

    Retain company morale


  11. Heading in a positive direction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Partner in Sydney (Australia)
    Current Employee - Business Partner in Sydney (Australia)
    Positive Outlook
    No opinion of CEO

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

    Pros

    I work with some smart, driven yet down to earth people. IAG genuinely cares about their employees and balances business and people strategy well. There's a clear focus on customer, community and delivering great products. Further, leadership is working hard to develop a culture that the organisation needs for sustained success.

    Cons

    There could be better greater focus on innovation - As insurance is fast becoming a commodity, how IAG separates itself form it's competitors while everyone else compete on price and no frills offerings is key.

    Advice to Management

    Continued focus on creating a culture of accountability and innovation



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