Working at RiverSource Life Insurance Company | Glassdoor

RiverSource Life Insurance Company Overview

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Minneapolis, MN
1 to 50 employees
Unknown
Company - Private
Insurance
$2 to $5 billion (USD) per year
Unknown

RiverSource Life Insurance Company Reviews

2.7
StarStarStarStarStar
Recommend to a friend
Approve of CEO
(no image)
John Robert Woerner
2 Ratings
  • "Definite pros and cons..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Minneapolis, MN
    Current Employee - Anonymous Employee in Minneapolis, MN
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at RiverSource Life Insurance Company full-time (More than 3 years)

    Pros

    Nice stable larger company and lots of great employees. Senior leadership seems engaged. Technology...as expected from a company this size. Pay also as expected.

    Cons

    Benefits such as PTO not competitive with the industry or corporate America. Start out at basically 2 weeks because you must count company holidays toward your balance. Unheard of. Also very behind the times with flexible work arrangements or telecommuting. Basically there is none. Very stringent rules about being in the office, leaves a feeling of not being trusted and zero work-life balance. Being down town is not for everyone.

    Advice to Management

    Start doing some research on flexible scheduling and telecommuting. Trust that you have hired professionals and back off on the strict, old school ways of the past. Employees will have a greater sense of satisfaction if their work can be completed on their time. I can name 5 employees right now that are looking outside the company for a more flexible career.

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