Chubb Reviews | Glassdoor

Chubb Reviews

Updated June 22, 2017
604 reviews

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604 Employee Reviews

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Pros
  • The legacy Chubb company is more focused on work/life balance which is something the legacy ACE company lacked entirely (in 79 reviews)

  • Good benefits, Pension and profit sharing (in 39 reviews)

Cons
More Pros and Cons

  1. Helpful (2)

    "Great company and work environment"

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

    I have been working at Chubb full-time (Less than a year)

    Pros

    -Being trained at Chubb to be an underwriter is great on a resume.
    -Work-life balance is fantastic and management is very flexible.
    -Senior management have proven to be great mentors. They want you to succeed.
    -At this point in my career, I feel there's room for advancement, which helps motivate me.
    -Great benefits
    -Friendly and supportive coworkers. I enjoy coming to work each day.

    Cons

    -I wish the pay was a little higher, but doesn't everyone?
    -The technology isn't great.
    -Colleagues feel it takes a long time to get promoted.
               -A clearer path to a promotion is what many want.

    Advice to Management

    Since Finnegan took over in 2002, he has consolidated the company and "trimmed the fat" off the company. It's much more cost-conscious now than it once was. That's great for shareholders but not as great for employees. More money could be spent on technological improvements instead of buying back shares (i.e. $1.5 billion spent in January 2014). Also, the elimination of many leadership positions means that there are fewer spots for younger employees to move into. That being said, the insurance industry being one that has a higher average age than say finance, impending retirements in the next ten years or so will allow for more advancement down the line.

    My advice: Recognize employees who perform well with promotions and raises so talent stays here.


  2. "Exceptional insurance carrier, great employer"

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

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

    Pros

    Open postings for opportunities, strong compensation.

    Cons

    Relocation benefits have decreased making opportunities limited to local geography. Flattened organization does put stress on employees at times.

    Advice to Management

    Continue to invest in young talent but find ways to reward the many experienced staff.

  3. "Chubb is an excellent place to work"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Chubb is a great place to start your career. The company provides many learning opportunities and wants its employees to succeed. Management is very knowledgable and easy to access.

    Cons

    The only con is that compensation remains fairly average as compared to the rest of the industry. Chubb does attempt to make up for this shortcoming through profit sharing programs and year end bonuses.


  4. "best time of my life, great company, great people and great place to work."

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

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

    Pros

    company policies and good coverage

    Cons

    none at all, there is nothing wrong. This was a great place to work.

    Advice to Management

    personal growth possible


  5. "I Love Chubb!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claim Svc Ctr Examiner II in Simsbury, CT
    Current Employee - Claim Svc Ctr Examiner II in Simsbury, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Chubb full-time (Less than a year)

    Pros

    Great work environment, fosters collaboration, challenges you to think critically, and develops a useful subject matter expertise in a truly unique line of business. I feel that I am able to contribute from the minute I walk in the door to when I leave.

    Cons

    Standard to that of any bureaucratic organization, sometimes chain of command issues can be difficult to navigate. Otherwise, nothing of note.

    Advice to Management

    Keep making this a great place to work!


  6. "Underwriter"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good and young work population

    Cons

    high work volume and little out of office activity


  7. Helpful (2)

    "LOVE THIS COMPANY! Never thought I would stay this long..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Warren, NJ
    Current Employee - Assistant Vice President in Warren, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    People, compensation, opportunities for training, mentoring programs, flexibility to WFH, reputation for excellence, career paths

    Cons

    Bare bones staff, increasing reliance on consultants, very political, the company name, and lack of general awareness by consumers.

    Advice to Management

    Modify company name. Make it known what is required to become an officer so there is full transparency and proof it's not who you know but what you know.

  8. Helpful (1)

    "Product Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regulatory Product Analyst in Parsippany, NJ
    Current Employee - Regulatory Product Analyst in Parsippany, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great company fror beginning your career Tons of training for young starters. Lots of opportunity to learn the business.

    Cons

    Location for long travelers. Middle of no where. Career will stall if you do not have a mentor to help you navigate the politics.


  9. "So far, so good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Accountant in Warren, NJ
    Current Employee - Tax Accountant in Warren, NJ
    No opinion of CEO

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

    Pros

    Benefits, work/life balance, opportunities for advancement

    Cons

    Pay not competitive, earning potential obscure


  10. Helpful (1)

    "Amazing training programs in insurance underwriting, commercial and personal lines."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Chicago, IL
    Former Employee - Underwriter in Chicago, IL
    Recommends
    Positive Outlook

    I worked at Chubb full-time (More than 3 years)

    Pros

    Global company with lots of benefits and great training and continuing education support for employees at all levels.

    Cons

    Typical corporate salary/bonus structures mean working harder than coworkers doesn’t mean more $ in your check.


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