Chubb - Absolutely great company but going through some changes! | Glassdoor
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There are newer employer reviews for Chubb

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Helpful (1)

"Absolutely great company but going through some changes!"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Underwriter Associate in Chicago, IL
Current Employee - Underwriter Associate in Chicago, IL
Recommends
Approves of CEO

Pros

The knowledge of the industry you will gain, as well as, the company benefits. They take training very seriously and have many outlets for growth in that area. Also their name recognition will take you very far in the industry!

Cons

Chubb is not known for high salary compensation. They can afford to not be on the high end of the pay scale within the industry because they are one of the best insurance companies in the business.

Advice to Management

To not be afraid of dropping the hammer on the inadequate people, it's important to get rid of the low achievers.

Other Employee Reviews for Chubb

  1. Helpful (1)

    "Working for Chubb"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter in New York, NY
    Current Employee - Underwriter in New York, NY
    Approves of CEO

    Pros

    Chubb is a great place to work because all the people are very nice and helpful. Management is very understanding and it is not a ridiculously stressful environment to work in. Also, in this marketplace, Chubb is a very reliable company and you will have job security.

    Cons

    In general, Chubb pays less than most other insurance companies.

    Advice to Management

    None at this time.


  2. Helpful (1)

    "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Supervisor in Simsbury, CT
    Current Employee - Claims Supervisor in Simsbury, CT
    Recommends
    Approves of CEO

    Pros

    From a customer's standpoint it is a great insurance company - the customer comes first, if any doubt - their loss is covered. The benefit is always given to the insured. The benefits are very good; and depending on what office you work in - work/life balance is supported.

    Cons

    Because it is a good company to work for - people tend not to leave and that limits the opportunities for advancement. There are broad differences in working for the company depending on what department and/or what office you work in. Senior Management/Home Office needs to do a much better job at communicating in general and at communicating a vision for the company.

    Advice to Management

    They need to communicate early, more often and better. The gossip grapevine (and just regular individual worry) does more damage than just coming out and communicating to people what is going on.
    Also need to communicate their sense of vision - there isn't enough (or any) leadership vision from the Senior Management.
    Senior Management needs to reach down to the lower ranks for feedback - especially on what needs to be changed/improvement - and they cannot be any retribution if that feedback is negative (there is a sense among the middle-management and staff that any criticism - even constructive - will mean that not only won't you get promoted, but you will be at risk of losing your job. But reaching down isn't just for the feedback - when new ideas, projects or change is necessary (even something as basic as changing a workflow), Snr Mgmt tends not to include the people who are actually involved in that aspect of the business -- consequently, the change usually doesn't achieve the desired goal because the people with the knowledge to get it done are not included in the development process.

There are newer employer reviews for Chubb
There are newer employer reviews for Chubb

See Most Recent

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