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"

Star Star Star Star Star
  • 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. "Good Company"

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

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

    Pros

    Good career opportunities in NJ

    Cons

    Retail Branches don't have good career opportunities.


  2. "Solid company to work for, proud to work at the company"

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

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

    Pros

    Coworkers are top notch, loyal, and ethical; products are superior and easy to sell, company does invest in the top performers,

    Cons

    Small size field branches mean lack of opportunities to move within the branch, medical benefit options have continuted to decrease over the years, company can be slow to change, not easy to access higher authority, wish more opportunities for advancement

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

See Most Recent

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