RBC Insurance Reviews
Updated Nov 16, 2011 – Reviews are posted anonymously by employees.
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Company Rating Based on 11 ratings Employees say it's "OK" |
CEO Rating
Based on 6 ratings
President and CEO |
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Pros
-friendly and supportive work environment
-flexible work/life balance
Cons
- lower pay than other insurance companies
- in terms of technology they are slowly trying to catch up with their competitors (i.e. paperless claims, workfrom home)
-alot of paper pushing
Advice to Senior Management
Advise is to be upfront with employees about future plans for the department. There are a lot of issues that are up in the air. Pay employees on par with other insurance companies.
Pros
Great work environment! Supportive staff.
Cons
More need for advancement, opportunities.
Advice to Senior Management
Keep up the good work
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 Senior Management
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.
Pros
There are a few highly qualified teams, some interesting projects. The Senior management are committed in their strategies and interesting to work/collaborate with
Cons
There are limited growth opportunities to those interested in progressing in their careers
Advice to Senior Management
There is talent within the organization that needs to be acknowledged and recognized.
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 Senior Management
.
Pros
They are big company with a lot of good co-workers (ie, friendly).
Cons
But management might bnot be as good as the other company, sometime too many meetings but no really help on matters or issues.
Advice to Senior Management
Maybe less meeting but more focus on works so to save project time ?!
Pros
Unlimited earning possibility if you have a large and strong network of working professionals.
Allows a lot of flexibility for you to work on your own schedule.
Cons
Lack of training on the products and services provided by the company.
An expectation to bring in sales from your personal network prior to being provided training on the product.
Business ethics are undermined in order to pursue sales.
Advice to Senior Management
In order to build a strong sales team, they need to be provided thorough knowledge of the product before they are pressured to pursue prospects. A sales agent is simply burning turf if they seek their prospects without having a good understanding of the product/service they're providing, as they would seem incompetent and lack confidence while pursuing a sale.
Pros
- Great benefits
- Great place to start
-Lots of opportunities for advancement
Cons
- Pay not comparable to other companies in the industry
- Management holds back on advancement
Advice to Senior Management
n/a
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 Senior Management
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!
Pros
Take their experience/ training and get out for a better salary job. Their salaries are well below the market average and the company is always looking to squeeze every penny out of the employees. But after surviving their culture you can survive anywhere.
Cons
Very low salaries. Probably the lowest in the market. It seems that everyone is out to get you rather than to support you to achieve your objectives.
Advice to Senior Management
Look after your employees. You are only management when you have people to manage. The latest re-structure is killing the company as they have not matched the right people with the proper skill for the jobs.
