The Phoenix Companies

  www.phoenixwm.phl.com
  www.phoenixwm.phl.com
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The Phoenix Companies Reviews

Updated September 18, 2014
Updated September 18, 2014
26 Reviews
3.1
26 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
The Phoenix Companies President & CEO, The Phoenix Companies, Inc. James D. Wehr
James D. Wehr
9 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Phoenix Co.'s consult to HmBldrs

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Phoenix Companies

    Pros

    A lot of professional independence--bringing in & wrkg ur own clients, fr example

    Cons

    No client-base leads provided & self-promotion is consultants expns

    Advice to ManagementAdvice

    Larger % fee split on an incrs annual volume basis would be a good incentive

  2.  

    Luv it

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

    I have been working at The Phoenix Companies for more than 5 years

    Pros

    Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful Culture is wonderful

    Cons

    Politics, management outnumbers employees. Clueless people that rely on politics to succeed are successful

    Advice to ManagementAdvice

    0 Sum Competition

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    The Phoenix is an excellent place to work as the company is employee and family friendly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Hartford, CT
    Former Employee - Vice President in Hartford, CT

    I worked at The Phoenix Companies full-time for more than 10 years

    Pros

    Family focused, flex time, good employee development and competitive salary. The company provides good training and it usually develops internal personnel and promotes from within.

    Cons

    Small insurance company, not well known in the mid-west and west. Company runs with a very lean staff.
    Some senior managers are not seasoned in personnel management, which may lead to poor judgement in managing their staff.

    Advice to ManagementAdvice

    Review the staff/personnel management skills of some of the senior/upper managers for results. Consider staff retention, morale and loyalty. Don't run so lean, it causes burn-out and staff turnover.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Heartbreak

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

    I worked at The Phoenix Companies full-time

    Pros

    Had a great history and some good people.

    Cons

    Senior management absolutely ruined a once great company. Donna Young and her group of fat cats robbed the company of millions and then bailed with fat buyouts, while the foot soldiers got stuck picking up the pieces and eventually without a job.

    Advice to ManagementAdvice

    Jim Weir is doing the best he can, but has little to work with. The Wells Fargo side of Saybrus Partners will continue to be a drag.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Small Company with Big Company ideals.

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

    I worked at The Phoenix Companies full-time for more than 10 years

    Pros

    I always enjoyed the people and the culture at Phoenix. There has never been another Company like it. People are friendly, almost like family. The time off policies are very good and the benefit package is top notch.

    Cons

    Communication has always been a challenge for this company. It is hard sometimes to understand what the Company's goals are and how to communicate it to the front line so that everyone can be working toward the same future.

    Advice to ManagementAdvice

    Too much senior management for such a small company.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant  in  Chicago, IL
    Current Employee - Administrative Assistant in Chicago, IL

    I have been working at The Phoenix Companies full-time for more than 10 years

    Pros

    Competitive salary, nice benefits , good people.

    Cons

    Closed my regional office for consolidation.

    Recommends
    Approves of CEO
  8.  

    Get as far away from this company as you can!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager of Call Center  in  East Greenbush, NY
    Current Employee - Manager of Call Center in East Greenbush, NY

    I have been working at The Phoenix Companies full-time for more than 10 years

    Pros

    Once a great company, now a shaddy fourth tier insurance company.

    Cons

    Too much to really put in writing, but most current and former employees would say that management from top to bottom had destroyed a great company.

    Advice to ManagementAdvice

    Sell company to a much more stable(ratings) buyer and relieve the current incompetent management and HR.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Once excellent company now a disaster...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  Hartford, CT
    Current Employee - Assistant Vice President in Hartford, CT

    I have been working at The Phoenix Companies full-time for more than 5 years

    Pros

    I can think of none. Read their financials-there are some ticking time bombs. Nice building-nice location-they should sell the building and rent space outside of Hartford.

    Cons

    Limited number of products, no distribution system. No definitive or realistic plans in place to reverse the downward trend. This company should be in runoff...they're in the death spiral and refuse to accept it.

    Advice to ManagementAdvice

    Put either a sales person or an actuary in charge-not a former efficency expert.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Once great company has now hit rock bottom

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Call Center Manager  in  East Greenbush, NY
    Current Employee - Call Center Manager in East Greenbush, NY

    I have been working at The Phoenix Companies full-time for more than 10 years

    Pros

    The people I work with are great and the company does a lot with United Way

    Cons

    Management is poor at all levels and the HR department makes no effort to bring in talent to build on company

    Advice to ManagementAdvice

    Need to take good hard look at company's ratings and be honest with themselves that the company's survival in the industry is coming to an end.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Prior to the last few months, The Phoenix was a great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst  in  Hartford, CT
    Current Employee - Senior Analyst in Hartford, CT

    I have been working at The Phoenix Companies full-time for more than a year

    Pros

    They're willing to listen to opinions of their employees.

    Cons

    With the previous announcement of a restatement, many people are concerned about the security of their position.
    The hour long drive each way is becoming wearisome.

    Advice to ManagementAdvice

    Communicate the status of the company to their employees more often.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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