LandAmerica Financial Group Reviews | Glassdoor

LandAmerica Financial Group Reviews

Updated April 15, 2017
24 reviews

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Full-time Part-time

3.0
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Joff Mitchell
2 Ratings

24 Employee Reviews

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  1. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Analyst in San Diego, CA
    Former Employee - IT Analyst in San Diego, CA
    Doesn't Recommend
    No opinion of CEO

    I worked at LandAmerica Financial Group full-time (More than 3 years)

    Pros

    This was a good company to work for at the time before the market crashed

    Cons

    Company was real estate driven


  2. "It was a Train Wreck"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Burbank, CA
    Former Employee - Anonymous Employee in Burbank, CA
    Disapproves of CEO

    I worked at LandAmerica Financial Group full-time (More than 3 years)

    Pros

    Plenty of happy talk while they were in business. Nice employee benefits.

    Cons

    The top management at this company went on an acquisition binge during the real estate bubble and financed it through debt. They didn't understand many of the companies they were buying and were frustrated to find that they didn't operate as their core title business. They went bankrupt because they invested the escrow funds of 1031 real estate investors into incredibly risky auction rate securities and lost their money.

    Advice to Management

    You were arrogant and incompetent. You lost a lot of innocent investor's and employees money. Shame on you.


  3. "Title"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service in Moon Township, PA
    Former Employee - Customer Service in Moon Township, PA

    I worked at LandAmerica Financial Group full-time (More than 8 years)

    Pros

    flex schedule is peferct for working paretns

    Cons

    never know what to expect in the mortgage industry


  4. "It was a nice place to work, but the company was not run well for a declining market."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager in New York, NY
    Current Employee - Branch Manager in New York, NY
    No opinion of CEO

    Pros

    Plenty of room for advancement and they hired from within. Overall was a great place to work, until they filed bankruptcy and sold off to FNF.

    Cons

    Company was not ready for the decline of the real estate market - cost a lot of people their jobs. Senior management made poor decisions. Odd, everyone could see the end coming, except for the big wigs that steered the company in the wrong direction.

    Advice to Management

    Should have made better decisions putting the company in a better position for when the market started to turn. Our 3 biggest competitors were able to stay afloat - no reason why we shouldn't have.


  5. "Favorite Company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Administrator in Glen Allen, VA
    Former Employee - Systems Administrator in Glen Allen, VA
    Recommends
    No opinion of CEO

    Pros

    Out of all the IT departments for small or large enterprises, LFG was my favorite. Serious, yet personable and fun.

    Cons

    They filed for Bankruptcy in a short amount of time without warning. Kind of wondered how no one saw it coming or if they did, tried to right the ship.

    Advice to Management

    After Chapter 11 is completed, bring LFG back to life.


  6. "LandAmerica, a decent place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pittsburgh, PA
    Former Employee - Anonymous Employee in Pittsburgh, PA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good place to work, training is adequate and the pay is about average. The atmosphere is casual, laid back, and mostly everyone is friendly.

    Cons

    Not that it was totally their fault, but management could have been better prepared to deal with the economic crisis. It is surprising that such a large corporation could fall under hard times in the housing market; but again, not entirely their fault.

    Advice to Management

    I think the communication between senior management and the employees needs improvement. It is important that they know who works for them, personally.


  7. "OK place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Pittsburgh, PA
    Former Employee - Project Manager in Pittsburgh, PA
    No opinion of CEO

    Pros

    Good benefits package compared to its competitors

    Cons

    Management was poorly prepared for the down turn in the real estate market

    Advice to Management

    New clients/orders are not the only part of the business; you must also take care of problems such as claims are the level at which they are caused.


  8. "Not a bad place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irvine, CA
    Current Employee - Anonymous Employee in Irvine, CA
    Recommends
    Approves of CEO

    Pros

    The best reasons to work for LandAmerica are they are not too large of a company where politics and procedures constantly get in the way, but they are large enough to offer plenty of room for advancement. They are very willing to let you explore different career paths within the company. They are very open to ideas and will give you the resources necessary to pursue those ideas. They seem to be very flexible with time off for personal reasons and holidays. The benefits package is pretty good with a decent 401K and health insurance is top notch. All-in-all they are a good company to work for.

    Cons

    Not really their fault, but because of the current housing market there have been a lot of layoffs. Although I have noticed they will try to move a good employee to another position if their current position has been eliminated.

    Advice to Management

    I cannot really think of anything I would suggest


  9. "Build Great Lives is the motto, but please live by it."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Process Implementer (Project Manager) in Covina, CA
    Former Employee - Business Process Implementer (Project Manager) in Covina, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    In the industry, they are probably the company that will lay you off last, meaning holding on to there staff longer.

    Cons

    Don't expect Tenure or Experience to be part of the decision when it is time to let people go. It seems like the corporate office picks names from a hat and that is who goes.

    Advice to Management

    The work and dedication from the heart can come from the experienced and highest tenure employees. Even though these may be the higher paid, these are the ones willing to go out of their way to do the job. Think that employees that came from an acquired company, have their roots still with the company.


  10. "Beware of Landamerica"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Escrow Branch Manager/ Senior Escrow Officer in Carlsbad, CA
    Former Employee - Escrow Branch Manager/ Senior Escrow Officer in Carlsbad, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    This company offers a great benefits package and lots of choices for health insurance providers. They offer a great 401k matching if you have been there for the required amount of time.

    Cons

    Typical large corporate environment. You are just looked at as a number, limited advancement opportunities, quick to lay off workers if the company's stock isn't performing. More concerned about profits than employee loyalty

    Advice to Management

    Get rid of Richard Niefe and the escrow management in San Diego. He makes promises and doesn't deliver. Doesn't give a rats a@@ about their employees.


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