Chubb - Great workplace, but better compensation structure needed | Glassdoor
There are newer employer reviews for Chubb
There are newer employer reviews for Chubb

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Helpful (2)

"Great workplace, but better compensation structure needed"

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

I have been working at Chubb full-time

Pros

Great workplace. Depending on your unit / department there is a lot of flexibility, including telecommuting one or more days a week. The company provides generous time off, decent benefits, and management support for continued professional development. There are also many opportunities to team build either in community service activities or social activities within the company.

Cons

There are two cons that stand out. The first is compensation. The bonus structure is decent, but still fairly weak compared to other companies In the industry. Overall compensation is ok. The second problem is career advancement. Someone pretty much has to either die, retire, or quit for an internal promotion opportunity to open up.

Advice to Management

Strengthen the bonus and profit sharing system and provide better compensation to retain your best talent. Also, develop people and promote more proactively. Get people ready for higher level technical positions and do less hiring from the outside.

Other Employee Reviews for Chubb

  1. "chubb"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Whitehouse, NJ
    Former Employee - Customer Service Representative in Whitehouse, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    good amount of time off, flexible

    Cons

    yearly evalutaion/raises, certain department restrictions for advancement

    Advice to Management

    promote within those candidates who truly want to stay with Chubb


  2. "Good place to start your career"

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

    I have been working at Chubb part-time (More than a year)

    Pros

    Good overall pay and benefits. If you perform well, you will be rewarded with good bonus and salary increase. Good job stability and benefits as well. Training program is excellent.

    Cons

    Benefits not as good as they were in years past. Can be tough to compete in the market due to pricing and strategies.

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

See Most Recent

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