Zurich Insurance Group
3.0 of 5 60 reviews
www.zurich.com Z├╝rich, Switzerland 5000+ Employees

Zurich Insurance Group Reviews

Updated Apr 10, 2014
Zurich Insurance Group – “The Zurich Building (Photo thanks to Geograph…”

All Employees Current Employees Only

3.0 60 reviews

                             

100% Approve of the CEO

Zurich Insurance Group CEO Martin Senn

Martin Senn

(4 ratings)

59% of employees recommend this company to a friend
60 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Benefits are good, probably slightly better than industry standards"
    in 4 reviews
  • "Good work/life balance, encourages and support progression, fun and easy going team"
    in 3 reviews
Cons:
  • "Work-life balance can difficult"
    in 4 reviews
  • "Zurich is a big, matrix company and decision-making and change comes slowly"
    in 5 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Zurich is a rich global company with a strong underwriting and engineering focus.

Assistant Vice President (Current Employee)
Atlanta, GA

I have been working at Zurich Insurance Group full-time for more than 10 years

ProsAll the benefits of a large corporation, if you are open to relocation, many growth opportunities.

ConsAll the pains associated with a large corporation, limited local growth. Schaumburg is home office.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Very financially disciplined but lacking vision

Manager (Current Employee)
New York, NY

I have been working at Zurich Insurance Group full-time for more than 5 years

ProsFinancially disciplined company.
Great managers of risk.

ConsNo coherent vision for uniting various parts of the organization around the world.
Too many reporting relationships with no clear accountability lines.
Slow to react to market changes.

Advice to Senior ManagementSimplify the organizational structure.
Allow local people to execute.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great place to work overall

Claims (Current Employee)
Atlanta, GA

I have been working at Zurich Insurance Group full-time

Prosbenefits are awesome and cheap b/c Zurich is so large. don't see how people can complain about Zurich benefits. go check out some ot the other companies out there.
very flexible schedule, working from home if needed is never a problem
20 vacation days up front, company always pays a bonus
early release during summer months
no micro-managing whatsoever, very laid back
efficient and available resources
401k match and pensions offerred

Consno aptitude test to work here so you are surrounded by a lot of completely unqualified idiots
sometimes company is too laid back b/c managers don't manage people out. they allow dead wood employees to hang around and continue to be wastes of a cubicle
not a very technical company, they constantly blow coverage and pay claims, then they complain about expenses.
you have to be a self starter and self motivated to work here. there is a lot of work to be done and it must be done, zurich is very into numbers

Advice to Senior Managementbe more in touch and do not retaliate if someone has criticism. there is a lack of trust in this offce

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Harder place to work and achieve results

Anonymous Employee (Current Employee)
Dallas, TX

I have been working at Zurich Insurance Group full-time for more than 8 years

ProsLarge international company with a diverse client pool

ConsInefficient computer systems, poor morale, forced performance grading, poor financial performance last quarter, high deductibles on health care coverage, inadequate staffing model for most departments and high turnover. The force performance grading has led to a higher turnover of employees over the past few years.

Advice to Senior ManagementListen to your subordinates since we have great ideas to improve service.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Career growth not consistent

Underwriting Assistant III (Current Employee)
Chicago, IL

I have been working at Zurich Insurance Group full-time for more than 10 years

ProsBenefits are good, probably slightly better than industry standards

ConsUnder utilizations of long term multi experienced people

Advice to Senior ManagementDo not over look the long term older employee for cheaper less experienced people

Yes, I would recommend this company to a friend

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Claims

Claims Counsel (Current Employee)
New York, NY

I have been working at Zurich Insurance Group full-time for more than 3 years

ProsGood medical benefits program. Matching 401K program. Pension vests in three years. Some divisions appear to foster employee retention.

ConsLittle or chance of advancement. High attrition, and employees who leave are not replaced, so that work load and pressure increase. Broad division between management and employees, to the point that communications are discouraged. Many slogans regarding "employee engagement," with no follow-through.

Advice to Senior ManagementGive employees the sense that they have value to the company. Limit the amount of valuable work time spent on meetings that are not relevant to employees' efforts to manage ever-increasing work loads.

No, I would not recommend this company to a friend

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Watch your back

Anonymous Employee (Former Employee)

I worked at Zurich Insurance Group full-time for more than 3 years

ProsLarge, stable, conservative, diversified company

ConsVery high turnover among senior managers; lots of hidden networks and unspoken cultural issues

No, I would not recommend this company to a friend

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A great place to work for

Senior Underwriter (Current Employee)
San Francisco, CA

I have been working at Zurich Insurance Group full-time for less than a year

ProsCompared to another two big companies I worked for, I like here the most.

ConsNot found yet, to be discovered

– I'm optimistic about the outlook for this company

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Good for long term employment

Actuarial Analyst (Current Employee)
Schaumburg, IL

I have been working at Zurich Insurance Group full-time for more than a year

ProsNo long working hours, work life balance

ConsIt is a big company. Big company syndrome.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Zurich was the most professional company I ever worked for.

Premium Auditor (Current Employee)
Salt Lake City, UT

I have been working at Zurich Insurance Group full-time for more than 3 years

ProsThe greatest boss, great benefits, all the training you need, field position with fleet car, ability to make and set own appointments and schedules, additional training encouraged and supported, yearly meeting with all auditors nationwide, excellent resources, help available 24/7.

ConsNot any. Some said the workload was too much but for me it was good.

Advice to Senior ManagementDon't be afraid to examine former management styles in Premium Audit. Field personnel can be your greatest assets.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Zurich Insurance Group reviews and ratings — including employee satisfaction and approval rating for Zurich Insurance Group CEO Martin Senn. All 60 reviews posted anonymously by Zurich Insurance Group employees.