ACE Group Reviews | Glassdoor

ACE Group Reviews

Updated February 14, 2017
83 reviews

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Current Employees

2.6
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ACE Group Chairman & CEO Evan G. Greenberg
Evan G. Greenberg
34 Ratings

83 Employee Reviews

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Pros
  • Professional culture that provides a conducive work environment with good work/life balance (in 10 reviews)

  • Fast-paced, entrepreneurial, good benefits, place a lot of value in their mgmt-level employees (in 7 reviews)

Cons
More Pros and Cons

  1. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ACE Group full-time

    Pros

    Great work life balance, good management team to work with.

    Cons

    Work may seem repetitive and voluminous


  2. "Good Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Underwriting Assistant in Chicago, IL
    Current Employee - Senior Underwriting Assistant in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexible work schedule, nice people who are supportive and work as a team. Open door policy to management - mid and executive levels. Opinions matter and solutions to problems are discussed as a team.

    Cons

    Mediocre retirement package. The company has a dollar to dollar match up to 3%, but only deposits to your account once a year, in January. No pension, the company again makes a one time deposit of 6% of your salary once a year. Some systems are archaic. No advancement unless you are already an underwriter.

    Advice to Management

    Give better bonuses to lower level support people. Continue with work / life balance flexibility.


  3. Helpful (1)

    "Product manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in Philadelphia, PA
    Current Employee - Product Manager in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook

    I have been working at ACE Group full-time (More than 3 years)

    Pros

    Wow, u am struggling to think of a pro...free coffee? Window seat? Don't need raise my hand to ask permission to use restroom?

    Cons

    Senior management is a joke and out of touch with reality. It's a do as I say not as I do culture. The workload and expectations are impracticable. You cannot expect employees to work excessively and produce a quality product. Existing staff who have been there for a while know the game so they do less work and still manage to get similar raises and bonuses has those who work harder and longer hours. The company is not flexible and there's no trust in their employees. Working from home is viewed as a vacation from the office and is not encouraged.

    Advice to Management

    Be more like Google.
    appreciate your employees
    don't just ask for advice... listen and take action


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (4)

    "Great job management terrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Jon function co workers benefits

    Cons

    Salary lower than industry, and the worst is management!!!

    Advice to Management

    I don't know where to even start best thing would probably be to get rid off all of them


  6. "ACE Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter
    Current Employee - Underwriter
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for. Excellent pay, good leadership!

    Cons

    High expectations, management expects top notch work.

    Advice to Management

    Needs to be more flexible with working from home.


  7. Helpful (3)

    "Great company; questionable leadership"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Philadelphia, PA
    Current Employee - Financial Analyst in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at ACE Group full-time (More than 8 years)

    Pros

    Exceptional benefits and retirement savings plans; money to be had; strong company; competitive ESPP; decent number of company holidays and time off.

    Cons

    Middle Management is out of touch with their staff and has too many unrealistic goals. Management routinely employs a "do as I say not as I do attitude" and their leadership style has too many double standards (WFH, vacation black outs, etc.). Some people are in leadership positions who have no idea how to lead. Frequent infringement on your work/life balance. Not much room to grow unless you are in the right network

    Advice to Management

    Your employee's dedication will reflect your leadership. Trust the professional judgement of your employees.


  8. Helpful (1)

    "Good Company became better with merger/acquisition"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Finance in Philadelphia, PA
    Current Employee - IT Finance in Philadelphia, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at ACE Group full-time (More than 5 years)

    Pros

    IT Finance team achieved a major leadership upgrade upon completion of Chubb merger/acquisition. Historically very strong talent at the AVP level and on down the chain and with new leadership, things have really come together. EVP level above the team is also very strong and fair.

    Cons

    Growing pains and the seemingly perpetual ITS budget planning cycle that ties down too many resources, unnecessarily. Annual raises tend to be paltry so be sure to negotiate well when you come in. Ask for additional time in vacation as they are also extremely behind the times with only 2 weeks vaca to start.

    Advice to Management

    Ensure leadership is well aware of corporate policies that impact employees, like in the case of flexibility. Offer leadership development programs for those that are at the VP level to help develop the skills needed to let go of being a micro-manager.


  9. Helpful (6)

    "Mean Girl Vibe is exactly on poiint"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at ACE Group full-time (More than 10 years)

    Pros

    Really, none other than you would now be working for Chubb.

    Cons

    Mgmt that has little experience and were allowed to keep those positions through the FFIC and then Chubb transitions and are insecure, arrogant and somewhat incompetent, especially compared to the Fireman's management who were displaced. Chubb continued the tradition by pushing their own mgmt. over the displaced Fireman's Fund talent and expects far too much work - clearly how they have kept expenses low.

    Advice to Management

    Stand back and look at the political vs. talent based decisions that have been made and allow the most experienced and proven talent back into the game.


  10. Helpful (1)

    "Play the game"

    Star Star Star Star Star
    Current Employee - Claims Associate in Philadelphia, PA
    Current Employee - Claims Associate in Philadelphia, PA
    Doesn't Recommend

    Pros

    Good company to work for if you play the game. Strong salary and benefits.

    Cons

    Need to be prepared to play it safe and politics


  11. Helpful (3)

    "Great Company, Room for Improvement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ACE Group full-time (More than 3 years)

    Pros

    Chubb (ACE) is a great company to work for, especially starting as a professional associate. There is a lot of room for growth and job opportunities in many fields (underwriting, reinsurance, finance, etc.).

    Cons

    Technology is outdated and could definitely use a lot of updates and more support from IT. They also favor underwriting departments quite a bit. Obviously that's an integral part of the business, but the supporting roles should not feel ignored when the company needs those to succeed as well.

    Advice to Management

    Listen to employees, support advancement



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