Economical Insurance - Great workplace | Glassdoor
  1. "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Administrative Assistant 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Economical Insurance full-time for less than a year

    Pros

    Flex hours, competitive pay, great people, exciting times ahead.

    Cons

    Some of the programs used need to be upgraded to better technology.

    Economical Insurance2019-07-17

    Economical Insurance Response

    September 9, 2019Sr HR communication Specialist

    Thanks for your comments about your experience with us. We’re very happy to hear you’ve had positive experiences in so many areas of your career here! We agree, our people are what sets us apart; that’s why we offer competitive pay and perks to attract, retain, and reward them for their great work. And yes, we certainly do have exciting times ahead as we work toward becoming the first Canadian mutual P&C insurance company to go public. It’s an ambitious goal, and once achieved, it will be a game-changer. We’re sorry the technology hasn’t been meeting your expectations, but we’re sure you’ll find that our long-term business strategy comes with some major improvements in that area. As we upgrade systems and processes, day-to-day business activities will continue to improve for our valued employees.

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  1. "Actuarial analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee 

    I have been working at Economical Insurance full-time

    Pros

    Talented people; good retirement plan

    Cons

    Limited international exposure; high turnover

    Economical Insurance2018-12-12

    Economical Insurance Response

    March 25, 2019Sr HR communication Specialist

    Thank you for your review. We’re happy to know that you have found our people to be a rewarding aspect of working here. We think they’re great, too! And we strive to offer competitive rewards to attract and retain the best people. The footprint of our company is Canadian, not international. As such, international exposure is limited. In 2018, we experienced higher than normal turnover as you mentioned. We have also experienced a significant amount of change within the organization. Change often brings about churn, which unfortunately results in employees leaving the organization, particularly if the change does not align with their career aspirations. We focus on supporting employees through change so that they are able to manage the transition; however, not everyone will be comfortable with the change. Our goal is always to retain our employees, but we know that we cannot always entice people to stay.

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  2. "Claims Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends

    I worked at Economical Insurance full-time

    Pros

    Great Place to work.

    Cons

    Need to hire more as it gets very busy and not enough people to handle it all.

    Economical Insurance2018-03-07

    Economical Insurance Response

    December 4, 2018Sr HR communication Specialist

    Thank you for taking the time to write a review. We appreciate your feedback and we take your comments seriously.

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