Suncorp

  www.suncorp.com.au
  www.suncorp.com.au

Suncorp Reviews

Updated November 9, 2014
Updated November 9, 2014
47 Reviews
3.8
47 Reviews
Rating Trends

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Patrick Snowball
23 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    A people focused company working through change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Brisbane (Australia)
    Current Employee - Manager in Brisbane (Australia)

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

    Pros

    Nice people, very flexible work arrangements, work life balance, nice building, lots of training, Human resources a key focus, extra days off additional to annual leave

    Cons

    Meeting culture, lots of administration for management, lots of people, two head offices, hard to work out ownership of work

    Advice to ManagementAdvice

    A company crying out for a functional structure

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    A senior management team with vision, performance management not motivating

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

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

    Pros

    Clear and promising goals and directions of the company. Over the past few years have sort out lots of legacy issues with an amazing pace. Good training opportunities.

    Cons

    Neither compensation nor career opportunities motivate performance. I've been a top performer 3 years in a row, yet I couldn't see a path ahead. Everyone is basically moving towards the same pay rate regardless of individual performance. Bonus is driven more by divisional performance. I am seriously considering leaving due to lack of progression opportunities. Not suitable for high performer in their 30's looking for development opportunities.

    Advice to ManagementAdvice

    You've tackled so many operational issues, why have you been hesitating to work on performance management?

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    So so

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Marketing Manager in Melbourne (Australia)
    Current Employee - Assistant Marketing Manager in Melbourne (Australia)

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

    Pros

    Work life balance and flexible.

    Cons

    Office culture. The old boy clubs .
    The capabilities of managers are mixed.
    Lip service is more than action.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Overall Suncorp can be a great place to develop your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Technology in Brisbane (Australia)
    Former Employee - Information Technology in Brisbane (Australia)

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

    Pros

    Flexible work from home arrangement.
    Understand work life balance.
    Current technology. Wifi everywhere. BYOD. Well developed remote access technologies.
    Team leaders are quite supportive.
    After a few years you may qualify for some professional training courses.
    Depending on which team you are in, you will find some great opportunities to develop your skillsets and knowledge.
    The Insurance part of the business is where you will find the best opportunities.

    Cons

    The banking business has failed to increase customer numbers/profit from each customer.
    The banking business culture is fairly conservative and is resistant to ideas that could significantly grow market share.
    It seems that the board has given up on market share growth and has embarked on a program of large scale head count reduction.
    At an executive level, IT strategy appears to driven by whitepapers from Netflix and a computer gaming organisation.
    IT execs believe the Cloud technologies will fix just about every problem.
    More broadly the executive team are implementing a program of head count reduction by implementing the following mechanisms;
    Outsource almost all back end processes to cheap offshore labour.
    Move all IT systems into the cloud to facilitate head count reduction in IT engineering teams.
    Real estate savings realised by implementing an 8 seats for 10 staff policy.
    De-centralise IT teams and integrate remaining talent into more business focused teams.
    Encourage natural attritition to minimise the amount of redundancy payouts.

    Advice to ManagementAdvice

    The banking business is up against some formidable rivals and cannot hope to improve market share by doing things the same old way. The banking business needs to be truely innovative to gain market share and sadly it seems that their is too much fear to take even small risks to innovate.
    Suncorp is neither a gaming company nor a video streaming business, so business models that work for those companies cannot apply to a conglomerate like Suncorp.
    Your doing great things in the insurance business.
    You got screwed on your Oracle licences.
    If you want to develop your banking business you are going to need a new executive culture to go with your new banking system.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    GI business - little reward regardless of good company and personal performance

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Suncorp

    Pros

    Depending on the devision you work in, you may get good opportunities to transfer within the group.

    Cons

    The staff survey was built into the scorecard of the staff. So the engagement and enablement scores are inflated.
    Poor performance is not managed nor even recognised sometimes. Good performance get no distinction in terms of pay rise.
    I rate it low this time because we sustained significant low pay rise regardless of consistent good company and personal performance.

  7. 1 person found this helpful  

    Great culture making good decisions

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

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

    Pros

    Leadership have made good decisions early, leading to key advantages that enable a high degree of agility in a lean operating environment

    Cons

    matrix management environment makes strategic decision making difficult below top level of management

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great work/life balance, encouraging environment, nice people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Brisbane (Australia)
    Current Employee - Business Analyst in Brisbane (Australia)

    I have been working at Suncorp full-time (more than 3 years)

    Pros

    The work and life balance was fantastic. The people were trusting and you were able to work from home without feeling like you were being watched. The work was varied and kept things interesting. Company works Agile and does it well mostly

    Cons

    Lots of company changes/restructuring - very disruptive to work in progress. Introduction of Agile into business areas were lacking and in turn meant the IT department were doing a lot of training and coaching for it

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Overall great company but can be over ambitious and has mixed leadership capabilities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in Brisbane (Australia)
    Current Employee - Team Leader in Brisbane (Australia)

    I have been working at Suncorp full-time (more than 3 years)

    Pros

    Agile, innovative environment. Great people to work with. Senior IT leadership have a great vision and story to tell. Opportunities to move around in the company. Staff benefits like discounts on insurance and banking products.

    Cons

    Leadership capabilities (especially middle management) is mixed. Can develop over-ambitious strategic plans which mean staff have to work unpaid/unrewarded overtime to actually deliver. Massive amounts of change where no one can know what everyone else is doing. The successes and abilities of the IT teams are often over-stated.

    Advice to ManagementAdvice

    Continue with setting good vision statements but you need to really listen and allow your teams to push back (without punishment) if they are taking on too much.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    A place that is passionate about the work it does,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Integration Developer in Brisbane (Australia)
    Former Employee - Integration Developer in Brisbane (Australia)

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

    Pros

    Career opportunities are very good

    Cons

    Salaries and perks could be better.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Career opportunities are great across the Suncorp group of companies.

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

    I have been working at Suncorp

    Pros

    It feels like one company with many brands and businesses. They all fit together well and the leaders make it possible to move around and develop your career.
    Change is challenging but rewarding. Always learning new things. New technology is brilliant and having huge positive outcome for the business.
    Great grad program.

    Cons

    Sometimes feels like too much change but its always good to finish projects.

    Advice to ManagementAdvice

    Keep encouraging team members to move around the businesses and learn more.

    Recommends
    Positive Outlook
    Approves of CEO

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