Intact Financial Reviews

Updated July 14, 2014
Updated July 14, 2014
15 Reviews

3.1
15 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Charles Brindamour
7 Ratings

Employee Reviews

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  1.  

    Great learning experience, fantastic work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Technician  in  Toronto, ON (Canada)
    Former Employee - IT Technician in Toronto, ON (Canada)

    I worked at Intact Financial as an intern for less than a year

    Pros

    Flexible hours, great environment, lots of room for growth and learning.

    Cons

    Felt good about all aspects of the job, I was utilized correctly, don't have any cons to list.

    Advice to ManagementAdvice

    Possible extension of work for younger employees on contract.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Employee friendly

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Consultant  in  Toronto, ON (Canada)
    Current Employee - Technical Consultant in Toronto, ON (Canada)

    I have been working at Intact Financial full-time for more than 10 years

    Pros

    workplace Respect,growth prospect and job security

    Cons

    salary below industry/market standard

    Advice to ManagementAdvice

    industry and market standard salary

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Experience not appreciated

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

    I worked at Intact Financial full-time for more than a year

    Pros

    Lots of opportunities for younger workers
    Compensation is about average. Profit sharing bonus is available for all employees.

    Cons

    Fewer opportunities for experienced workers.
    Staff who joined Intact as part of a company acquisition are treated differently than those who have been under the Intact umbrella for longer.

    Advice to ManagementAdvice

    Appreciate the value that experienced employees can provide.

    Disapproves of CEO
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  5.  

    Strategic company, competitive environment

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Intact Financial

    Pros

    Senior management has good vision
    Top notch actuarial techniques
    Actuaries are well respected within the company

    Cons

    Coworkers are unfriendly, unwilling to help, and hypocritical
    Environment is cut throat and very competitive

  6.  

    Good company in general

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Legal  in  Toronto, ON (Canada)
    Former Employee - Corporate Legal in Toronto, ON (Canada)

    I worked at Intact Financial full-time for more than 3 years

    Pros

    Good benefits, can arrange flexible work schedule, average compensation

    Cons

    Low morale in my department and no fair system for promotions

    Advice to ManagementAdvice

    Management would have to care more about their employees than themselves.

    Recommends
    No opinion of CEO
  7.  

    underwriter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriter  in  Toronto, ON (Canada)
    Former Employee - Underwriter in Toronto, ON (Canada)

    I worked at Intact Financial full-time for more than 8 years

    Pros

    Stable work environment, socially responsible organization. Very flexible work arrangements. They support insurance related education

    Cons

    Promotion not by merit. Promotion should be by merit. as the biggest P & C insurer they should pay better than the market average

    Advice to ManagementAdvice

    Revamp promotion process

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    This company acquired 2 other Insurance Companies in 2 years: 2010 and 2012. They keep "reinventing the wheel".

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Intact Financial full-time for more than 8 years

    Pros

    A huge organization with excellent benefits and tiered pension plan. There is nothing else positive to say, unfortunately. Steer clear.

    Cons

    Due to their large dual acquisitions processes and procedures keep getting reinvented...often back to where they were in the first place. Management only communicates via e-mail with employees. Multiple public press complaints against them, for their injury claims handling in particular. A huge organization where you are only a voiceless cog in the wheel. Multiple, continuing lay-offs at all levels. Low-ball severance packages and bullying about non-existent "performance issues". Chronic unpaid overtime expected and encouraged. Employees not trained to do their jobs.

    Advice to ManagementAdvice

    Recognize the talent you have in-house and stop laying people off, and TRAIN them.

    Doesn't Recommend
    Negative Outlook
  9.  

    Started off as exciting, died down over the course of a year or so

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

    I have been working at Intact Financial full-time

    Pros

    -Ability to communicate/spend time with with anyone at any level due to relatively small staff size
    -Friendly staff

    Cons

    -Few opportunities for advancement
    -Seems to value tenure more than skill/education
    -slow with proposed new projects/initiatives
    -Compensation slightly below industry average

    Doesn't Recommend
    Positive Outlook
  10.  

    Over all good company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Vice President  in  Toronto, ON (Canada)
    Former Employee - Senior Vice President in Toronto, ON (Canada)

    I worked at Intact Financial full-time for more than 8 years

    Pros

    innovative, respect for diversity, rewarded

    Cons

    You are expected to be 100% committed to the "orange" culture. The company has been in flux since 2008 and now is sold to Scotiabank. Much change is happening. not really sure what Scotia bank will do with the business

    Advice to ManagementAdvice

    None.

    Recommends
    Negative Outlook
  11.  

    Mediocre, antiquated organization masquerading as innovative bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Intact Financial full-time for more than 3 years

    Pros

    Pay range not too bad (but not too good either), fairly flexible regarding hours and time off. Some events are fun.

    Cons

    Bad senior management, especially at the VP level and above, perhaps the most hierarchical and closed-door company I had ever worked for. Lots of talk about energetic and inclusive culture, but basically implements all the worst aspects of the big banks (hierarchy, incompetence, secrecy, backstabbing, inaccessible managers) and none of the good aspects, like pay and benefits. Certainly not a place to work if you are actually interested in working.

    Advice to ManagementAdvice

    Be open, inclusive, and collaborative. Adopt a more horizontally-integrated management structure instead of a vertically closed-door management structure. Stop lying about your Orange culture and actually become it.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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