RBC Insurance

www.rbcinsurance.com

RBC Insurance Reviews

Updated January 23, 2015
Updated January 23, 2015
43 Reviews
3.2
43 Reviews
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Recommend to a friend
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RBC Insurance President and CEO Neil Skelding
Neil Skelding
20 Ratings

Employee Reviews

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  1.  

    Great environment..except that they were going through reorganization and laid off a lot of people

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

    I worked at RBC Insurance as a contractor (more than a year)

    Pros

    Great for work-life balance, had a great manager

    Cons

    they were laying off people and outsourcing to India

    Recommends
  2.  

    They no longer exist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Agent in Spartanburg, SC
    Former Employee - Agent in Spartanburg, SC

    I worked at RBC Insurance full-time (more than a year)

    Pros

    They had great managers. They had achievable requirement for conference trips. They gave you a book of business to work from which was extremely nice. That was my first introduction into insurance services and I didn't realize how good I had it from that standpoint.

    Cons

    Their products available to sell were limited. Part of this was due to them being on the market to be sold. RBC had banks in the Southeast and had purchased Liberty Life Insurance Company as their insurance arm in 2000 and then in 2010 RBC sold Liberty Life and has completely pulled out of the United States.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Working for RBC Insurance was a demotivating experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Licensing Specialist in Greenville, SC
    Former Employee - Licensing Specialist in Greenville, SC

    I worked at RBC Insurance

    Pros

    RBC Insurance had great products, but that is where it stops. The building had a small gym/exercise room and a cafeteria.

    Cons

    RBC Insurance offered no opportunities for professional growth or career advancement. There was no information and knowledge sharing. It was like "us vs. them." Everything was kept at a hush-hush. It was a threatening environment. If we did not meet our outrageous goals then we were threatened with termination on a daily basis. The treatment of a team members was not equal. There were obvious favored teammates who did not have to meet their goals. By the way, I met my goals (killed myself doing it) and ended up quitting because of the low pay and even lower morale. This job turned me into a workalholic.

    Advice to ManagementAdvice

    Get rid of the dead weight. Treat all of the employees with respect and fairly. Set meetable goals and stop threatening termination. Positive reinforcement works better.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    A Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Agent in Baton Rouge, LA
    Current Employee - Agent in Baton Rouge, LA

    I have been working at RBC Insurance

    Pros

    Co - workers are great to work with and all are team players. Pay is average to above average.

    Cons

    Company doesn't advertise at all and you have limited products to offer your clients.

    Advice to ManagementAdvice

    .

    Doesn't Recommend
    No opinion of CEO
  6.  

    RBC Insurance U.S.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director, Agency Development in Greenville, SC
    Former Employee - Director, Agency Development in Greenville, SC

    I worked at RBC Insurance

    Pros

    RBC is a strong company financially. Generally, the people in the Greenville office are terrific to work with. The home office is in a beautiful facility, and benefits are good.

    Cons

    The parent company is not committed to growth of the insurance company in the United States. The U.S. home office has been troubled by weak leadership at the top and within the distribution channels..

    Advice to ManagementAdvice

    The U.S. operation has some terrific talent, but you need to get the right leaders on the bus, and get the wrong leaders off!

    No opinion of CEO
  7.  

    creditor insurance

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

    I worked at RBC Insurance

    Pros

    Great people to work with + positive atmosphere + nice workplace + good learning opportunities

    Cons

    salary is low + evaluation is sometimes based on facts out of your control

    Advice to ManagementAdvice

    increase salaries

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    pressured environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Life and Living Benefit Advisor in London, ON (Canada)
    Current Employee - Life and Living Benefit Advisor in London, ON (Canada)

    I have been working at RBC Insurance full-time (more than 5 years)

    Pros

    RBC brand, lots of bonuses and commission

    Cons

    so much pressure. daily/weekly/monthly quotas to meet

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Licensed Insurance Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Licensed Insurance Advisor in Mississauga, ON (Canada)
    Current Employee - Licensed Insurance Advisor in Mississauga, ON (Canada)

    I have been working at RBC Insurance full-time (more than 5 years)

    Pros

    -Once TM/TL's recognize your capabilities (it takes a while) they will give you useful experience, however if they don't find you capable of fulfilling certain tasks, they will not bother with helping you develop.
    -Work-life balance is decent once you have some seniority
    -Company values are good, very client focused

    Cons

    -It took some time for management to recognize me for accomplishments and trust me with more complex tasks and duties that would aid my career.
    -They stopped promoting people to senior positions in my department (and pay), therefore now I am in a situation where I do more than a Senior does, and am considered a senior, however I am not being compensated as one... whereas actual Seniors have been able to kept their Senior pay increase, without continuing to deserve it as they will only help minimally.
    -Benefit costs increase each year
    -End of year bonus will depends mainly on your numbers/stats, which can sometimes be a little unrealistic.

    Neutral Outlook
    No opinion of CEO
  10.  

    Not bad

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

    I worked at RBC Insurance full-time (more than 5 years)

    Pros

    It's a large company with good benefits and salary. Bonus was good and it was given every year. Didn't have a lot of overtime and hours were flexible.

    Cons

    There were a few difficult people in charge of areas that made it difficult for others working there. A lot of office politics.

    Advice to ManagementAdvice

    Upper management need to get rid of the managers that are ruining the work environment for most of the rest of staff. Waiting for them to retire isn't soon enough. Certain people can fake having people skills when required but really don't care about the rest of the staff.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Horrible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Licensed Insurance Advisor in Mississauga, ON (Canada)
    Current Employee - Licensed Insurance Advisor in Mississauga, ON (Canada)

    I have been working at RBC Insurance full-time (more than 5 years)

    Pros

    Its a large bank

    Cons

    Management cares only about sales....nothing for the employees..
    Also alot of politics and racism towards blacks

    Advice to ManagementAdvice

    Focus more on your employees....it costs more to hire a new employee than it is to maintain an old one

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