Insurance Australia Group - Doing a good job in a tough environment. | Glassdoor
There are newer employer reviews for Insurance Australia Group
There are newer employer reviews for Insurance Australia Group

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"Doing a good job in a tough environment."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Head of Peformance & Reward in Sydney (Australia)
Current Employee - Head of Peformance & Reward in Sydney (Australia)
Recommends
Approves of CEO

Pros

Good people, community / sustainability agenda, supportive of employees, good compensation and flexible work practices. The Company offers opportunities for career growth.

Cons

Tough time for insurance, poor financial results in 2008. Company is current in a significant period of change and is shifting to a decentralised model. Once this is completed, I expect we will move to a very positive outlook. QBE has been stalking the Group, so there is a possibility of a takeover in the next 12 to 18 months.

Advice to Management

Focus on getting the key things right and restoring the Group to solid profitability.

Other Employee Reviews for Insurance Australia Group

  1. "Large corporate going through a heap of cost reductions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Insurance Australia Group full-time

    Pros

    Large corporate with many opportunities and benefits

    Cons

    Lots of restructures and shifting in culture


  2. "Former IAG employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Insurance Australia Group (More than 5 years)

    Pros

    a great traditional community oriented company with vast opportunities in the Australasian market, very well respected brands. Excellent grad program and well worth investigating.

    Cons

    There is a gap between the overall group strategy and the local implementation of the tactical actions at EGM level. Resulting in a real lack of leadership and people pulling in different directions.

    Advice to Management

    close the knowledge gap between CEO and EGM. Focus on simple changes that will make achieving tasks at IAG easier. Get on the same page with regards top down strategy and how each department contributes.

There are newer employer reviews for Insurance Australia Group
There are newer employer reviews for Insurance Australia Group

See Most Recent

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