Insurance Australia Group Reviews | Glassdoor

Insurance Australia Group Reviews

Updated May 3, 2017
22 reviews

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3.0
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Peter Harmer
5 Ratings

22 Employee Reviews

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Pros
  • Great salary at senior levels, good work/life balance (in 17 reviews)

  • Lovely CBD office, flexible working hours, fresh fruit (in 9 reviews)

Cons
  • Say but don't do in regards work life balance unless you are in a senior role or management (in 5 reviews)

  • Really depends on who you end up working for and due to the very many restructures, it can change rapidly (in 6 reviews)

More Pros and Cons

  1. "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.


  2. Helpful (1)

    "Middle Management Great, Senior Management Useless"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst
    Former Employee - Senior Analyst
    Recommends
    No opinion of CEO

    Pros

    Middle Management are very supportive

    Cons

    Senior Management give no feedback as to direction, or if they do it is just lip service. A bit of an old boys club at the top.

    Advice to Management

    Get rid of the old boys club, staff morale is low.

  3. "Good balance between work and life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Work life balance
    Nice building and area in CBD

    Cons

    Not much of a career growth.


  4. Helpful (1)

    "Marketing at IAG"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing in Sydney (Australia)
    Former Employee - Marketing in Sydney (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Big business with great marketing budgets to allow true TTL campaigns
    Smart agency partners

    Cons

    Slow to make decisions
    Hierarchical
    Old style of thinking and approach
    Conservative

    Advice to Management

    Empower people to make decisions quickly and take more risk


  5. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Plenty of opportunities to learn and good team with focus on modern technologies

    Cons

    Frequent change in management and sudden changes in role.


  6. "Some Pros Some Cons"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst in Sydney (Australia)
    Former Employee - Senior Analyst in Sydney (Australia)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Insurance Australia Group full-time (More than a year)

    Pros

    - Good Exposure to senior management
    - Large amount of autonomy and trust in their staff
    - Varied work
    - Good base salary

    Cons

    - Difficult to achieve top bonus banding (even with top performance)
    - Difficult to navigate your path to the top
    - Can become trapped under someone with tenure
    - Too many re-organisations due to an inability to make difficult decisions

    Advice to Management

    Rather than taking half measures, make a concerted effort to make the difficult but correct choice. It may end in a year of mixed results, but over the long term, companies that are clear on their choices perform better


  7. "sales consultant"

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

    I have been working at Insurance Australia Group part-time

    Pros

    flexible clean nice people development

    Cons

    micro managed very monitored repetitive

  8. "account manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Melbourne (Australia)
    Former Employee - Account Manager in Melbourne (Australia)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Insurance Australia Group full-time (More than 3 years)

    Pros

    Good benefits and work life balance. Salary at market rate with good bonuses

    Cons

    Never ending restructures. Having been able to get the structure right ever since the acquisition of wfi.

    Advice to Management

    More consideration of people when restructuring. Feels like its jobs for the boys when the going gets tough


  9. "place to retire"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Insurance Australia Group full-time

    Pros

    work/Life balance, flexible work hour and able to work from home
    Great staff benefit of insurance discount 50% off
    Paid maternity leave with welcome package if go back to the company
    Nice peers

    Cons

    Pay is not great
    Senior management's bad decision
    Bad communication between different teams

    Advice to Management

    More communication


  10. "Can be great depending on your job"

    StarStarStarStarStar
    Former Employee - Account Manager in Auckland (New Zealand)
    Former Employee - Account Manager in Auckland (New Zealand)

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

    Pros

    Lots of opportunity for different jobs & careers if you want to try different things. Offices are mostly modern & nice

    Cons

    Constant restructure and change of tactics before last changes have a chance to have effect.
    Technology in NZ can be a little dated

    Advice to Management

    Stop & listen to staff & customer


Showing 22 of 106 reviews
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