Zurich Insurance Group - Overworked | Glassdoor
There are newer employer reviews for Zurich Insurance Group
There are newer employer reviews for Zurich Insurance Group

See Most Recent

Helpful (1)

"Overworked"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Claim Specialist in Atlanta, GA
Current Employee - Claim Specialist in Atlanta, GA
Doesn't Recommend
Negative Outlook

I have been working at Zurich Insurance Group full-time (More than 3 years)

Pros

Located in a nice area
Flexible schedule
No micromanaging

Cons

Horrible benefits
Overworked
High turnover
No structured training
Low employee morale
Limited job growth or advancement

Other Employee Reviews for Zurich Insurance Group

  1. Helpful (2)

    "Zurich & Farmers Insurance Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior General Adjuster in Houston, TX
    Current Employee - Senior General Adjuster in Houston, TX
    Recommends
    Negative Outlook

    I have been working at Zurich Insurance Group full-time (More than 10 years)

    Pros

    Above average Pay & Benefits, a lot of freedom in decision making. Intense ongoing training & education. Wonderful Company to launch your career. Multiple business divisions to expand your skill and training sst.

    Cons

    More Managers than employees, the company is top heavy in management so it limits your ability to climb the corporate ladder. Most executive positions are located in California but most of the company's business is located in the South, South East & East Coast. Management rarely sees in person the actual damage and risk situtations that the comapny actually insures.


  2. Helpful (3)

    "IT Department is terrible, pockets of other departments can be much better"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Schaumburg, IL
    Current Employee - Anonymous Employee in Schaumburg, IL
    Recommends

    I have been working at Zurich Insurance Group full-time (More than 10 years)

    Pros

    - Benefits and compensation can be good if you avoid falling into a forced ranking nightmare
    - It is a highly stable and reliable company
    - Increasing focus on corporate responsibility and community investment

    Cons

    - The forced ranking system whereby each unit must rank some of its team low and cut them out of rewards can hinder or totally kill the collaborative spirit, puts managers in a difficult spot, and is counterproductive
    - There is NO effort to help you develop or find new positions in the company - if they need to reduce headcount in one area, they just get rid of you without any thought to trying to find you something else first (I've seen very few exceptions to this in my 13 years with them)

    Advice to Management

    - Get rid of the forced rankings, even if you have to adjust the overall bonus schedule a couple of points downward or reduce the 401k match percentage for first five years
    - Work hard on investing in your IT department and on changing the culture in that department

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

See Most Recent

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