Insurance Office of America Reviews in Longwood, FL | Glassdoor

Insurance Office of America Longwood Reviews

Updated September 6, 2017
14 reviews

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Longwood, FL

3.0
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John Ritenour
1 Rating

14 Employee Reviews

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  1. Helpful (1)

    "annonymous"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Longwood, FL
    Current Employee - Anonymous Employee in Longwood, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Insurance Office of America full-time (More than 3 years)

    Pros

    IOA's foundation built on Faith, Family, & Fun, coupled with an environment for one to grow and thrive if you perform is well suited for professionals of high caliber. IOA creates an inclusive culture and opportunities to with work with like-minded professionals, collaborating together to improve the company.

    Cons

    Time off structure (current employees who worked less than 5 years for the company are awarded 2 weeks of vacation ), giving more time off benefits to employees who make the 3rd or 4th year mark. Similar with 401k and ESOP vesting.

    Advice to Management

    Provide more standard organizational procedures and consistency enterprise-wide.


  2. Helpful (3)

    "Listen to employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Longwood, FL
    Former Employee - Anonymous Employee in Longwood, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Insurance Office of America full-time (More than 3 years)

    Pros

    If you keep your nose to the grindstone and don't upset the producers, your job is safe.

    Cons

    Producers run the company. There is a pervasive expectation to do whatever you are told by the producers, even if you are asked to do something outside the company or carrier standards. Employees are told there is an open door policy, but there is not a sense that your voice will actually be heard. In fact, speaking out can get you into hot water with producers. This creates a stagnant environment. Professional development and growth opportunities are offered to employees hand-selected by producers. Benefits are decent, but payroll deductions for insurance are expensive if you're not 100% healthy.

    Advice to Management

    Create a culture where employee suggestions are welcome, concerns are addressed, and mutual respect is demanded.

  3. Helpful (4)

    "Lacking Vision, Mission and Values"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Broker in Longwood, FL
    Former Employee - Insurance Broker in Longwood, FL
    Negative Outlook
    Disapproves of CEO

    I worked at Insurance Office of America full-time (More than 5 years)

    Pros

    1099's working together for volume to earn carrier markets, bonus thresholds and a competitive advantage.

    Meeting certain criteria earns stockholder opportunities for 1099's.

    Cons

    A 1099 model where the independent representatives manage the organization. Difficult to influence Mission, Vision and Values where most leadership is a 1099 ... W2 leaders typically report direct to a 1099.

    Advice to Management

    Most management and the majority of the Board are 1099's ....


  4. Helpful (3)

    "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Longwood, FL
    Current Employee - Sales in Longwood, FL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Insurance Office of America full-time (Less than a year)

    Pros

    Good opportunity to gain knowledge of the insurance industry

    Cons

    Lack on Training and Direction

    Advice to Management

    Foster a training and development program if you want to retain young aspiring producers


  5. Helpful (1)

    "Risk Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Services in Longwood, FL
    Current Employee - Risk Services in Longwood, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Insurance Office of America full-time (More than 3 years)

    Pros

    Definitely family oriented and they look out for their employees.

    Cons

    I don't have any cons


  6. "Great company for those that want to work hard and make a difference!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Longwood, FL
    Current Employee - Anonymous Employee in Longwood, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Insurance Office of America full-time (More than 10 years)

    Pros

    IOA is a great place for those that want to work hard, take on additional responsibility and realize that great things come to those that are patient and stay on course. IOA supports local and national charitable organizations. Additionally, IOA has a Helping Hands Committee that can provide financial support to employees that hit hard times. IOA does their best to create a family-like atmosphere.

    Cons

    I choose to look on the bright side and turn a perceived negative into an opportunity for me to make a difference.

    Advice to Management

    We need more opportunities for fun and for various departments to interact with each other.


  7. Helpful (5)

    "There are better places"

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

    I worked at Insurance Office of America full-time (More than 10 years)

    Pros

    Very few if any. There are some good hard working employees there.

    Cons

    No commitment to it's employees. Everything is about the producers, bottom line and acquisition of other agencies. Management is non-existent. The company is run by it's 1099 producers. There are no growth opportunities for its employees.

    Advice to Management

    Stop catering solely to the producers and start caring more about the staff.

  8. Helpful (1)

    "Commercial Lines CSR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Longwood, FL
    Current Employee - Anonymous Employee in Longwood, FL
    Recommends
    Positive Outlook

    Pros

    Christian based company with high standards, expectations, and a true passion for their clients. They actively and generously give back to the community and the world. The owners live by the company mission statement and encourage the staff to be the best in the field. They care. We have the best technology and a great IT support staff to keep us current and quickly resolve any technical issues. The staff they have selected work great together and the atmosphere is positive. The pay is good and the company encourages a healthy work-life balance and healthy lifestyles. I am blessed to work for IOA. If you are a team player, hard worker, and serious about your career in insurance, then you will fit right in!

    Cons

    I could use a processor for the administrative functions to free up more time for more detailed responsibilities.

    Advice to Management

    Keep being encouraging and grateful for the work the people do...your positive feedback makes the hard work rewarding.


  9. Helpful (5)

    "Run"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounts Receivable in Longwood, FL
    Former Employee - Accounts Receivable in Longwood, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Insurance Office of America full-time (More than 8 years)

    Pros

    Coming into the company you'll be paid more for the same position than the people who have been there for years.

    Cons

    Hard work doesn't pay off here. There's little to no chance for moving up in the company. There's not really any "bonuses" to mention except the small Christmas bonus and maybe a small contingency bonus in the first quarter of the year, otherwise there's nothing. Long term you're looking at just a 3% raise every year (if you're lucky) and more work than you can keep up with. Only the negatives are acknowledged and hard work is rarely, if ever, noticed.

    Advice to Management

    Stop focusing on growing larger when your foundation is beginning to crumble.


  10. Helpful (6)

    "Your only good if you benefit their bottom line."

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

    I worked at Insurance Office of America full-time (More than 5 years)

    Pros

    Used to be a great place to work. I eventually realized unless you make them money or have a seat on the board your going nowhere.

    Cons

    Management can be extremely disrespectful and get away with yelling at employees, belittling employees and borderline sexually harassing employees.

    Advice to Management

    Stop rewarding yourselves with ridiculous bonuses, fancy cars, and lavish dinners and consider paying your employees what their worth. Make your employees feel valued instead of lining your pockets.


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