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Nationwide Financial Reviews

Updated November 20, 2017
166 reviews

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3.5
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Nationwide Financial CEO Steve S. Rasmussen
Steve S. Rasmussen
45 Ratings

166 Employee Reviews

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Pros
Cons
  • Introductory pay may not be as sufficient to current financial needs, dependent on the person, but the room for growth far exceeds any initial benefits (in 3 reviews)

  • Employees are able to move up from within the call center sometimes leaving abilities lacking in IT (in 4 reviews)

More Pros and Cons

  1. "insurance"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Scottsdale, AZ
    Current Employee - Anonymous Employee in Scottsdale, AZ
    Recommends
    Approves of CEO

    Pros

    Great coworkers & benefits including flex time.

    Cons

    Bonus available but you have no control on how much you can earn based on your performance. The same amount for all employees regardless of their effort. More authority should be given to assistants so they don't leave from boredom.

    Advice to Management

    Re-evaluate the bonus program. Re-evaluate the work flow distribution in the underwriting depts.


  2. "Jerry is driving this company into the ground"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Dublin, OH
    Current Employee - Anonymous Employee in Dublin, OH
    Disapproves of CEO

    Pros

    Mos people there are friendly. Work life balance is adquate.

    Cons

    Stress over upcoming layoffs. Promting the wrong people. people who actually do work but want to move up the ladder being passed over. Systems are a joke. Rasies far below a cost of living. For an insurance company the health insurance is a joke. You now have to give out personal health information or they will raise the amount of your health insurance. There is more time spent on the internet that people doing work with the managers looking the other way. People who want to get out cannot. The end

    Advice to Management

    Make the associates happpy before moving on to customers. If the associates are not happy why would they go out of their way for the customers

  3. "Nationwide, good people, good philosophy. Needs to implement their vision and build for the future."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Dublin, OH
    Current Employee - Consultant in Dublin, OH
    Doesn't Recommend
    No opinion of CEO

    Pros

    They have a reasonably complete benefits package: 401(k), DB plan, health, employer term life insurance, etc. Rank and file employees are extremely hard-working for the most part and they tend to believe strongly in what they are doing. There is a stated valuing of diversity and some efforts to put that into place.

    Cons

    Management down to the business-line management level seems to be misguided or uncertain. Stated recognition of employee individual contributions is contradicted by a fill-a-slot reorganization mania in the past 5 years. Investment in infrastructure has not been adequate, though I hear that this is the case with most US companies. I also think that they business line management allows itself to be controlled by outside interests too much.

    Advice to Management

    Don't rely on slogans, understand what you are actually saying--what does it mean. Don't confuse a tactic with a goal. I hear a lot of tactics and even strategies, but they don't necessarily line up with a stated goal. You need to invest more in the company infrastructure.


  4. "Good place to work to feel rewarded but be ready to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Columbus, OH
    Current Employee - Anonymous Employee in Columbus, OH
    Recommends

    Pros

    Being part of a company that is leading the way to a healthier, more productive nation...one person at a time. It is rewarding to see the impact you can make in someone else's life through the programs and services NBH offers. It is a growing industry and NBH is one of the few areas of Nationwide actually growing. There are good people and many people take to heart the mission of NBH and live very healthy lives so if you want to surround yourself with people trying to eat healthier, exercise, reduce their stress, etc. then NBH is a great place for you.

    Cons

    There are multiple campuses to interact with so that adds an element of complexity. It is also a demanding place to work since it's a growing company with too little resources doing a lot of work. I expect that is similar to any growing company as you have to do a lot with a little. The communication and knowledge flow can be difficult primarily because of the acquisitions and multiple campuses. There is not enough communication about how NBH is doing financially to allow the associates to feel really connected with their work and how their efforts contribute to the bottom line.

    Advice to Management

    Be sure to practice what you preach about work/life balance and recognize that there are a lot of individuals working their tails off for the company who want to spend as much time with their families as possible.


  5. "Great Midwestern Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Service Analyst in Dublin, OH
    Current Employee - Sales & Service Analyst in Dublin, OH
    Recommends
    Approves of CEO

    Pros

    They are fair to their employees and treat them with respect. Nationwide really looks out for their employees and is not quick to lay off valuable assets.

    Cons

    Flexibility in schedule, however this depends largely on the department that you are in.

    Advice to Management

    Keep up the great work - we have a great company here and I hope to see it continue to grow just as well in the future!


  6. "not perfect, but still a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims in Phoenix, AZ
    Current Employee - Claims in Phoenix, AZ
    Recommends

    Pros

    they are really nice people to work for, very laid back atmospheres with nice people. the location is great, it is only 10 miles way fro my house so they drive is not bad. I have worked there for one and a half years and i am very happy. There are some flaws but it is going to be one of the better insurance companies to work for. Previously worked at USAA and this place is much better. better people and better opporunity since the are a smaller insurance company. being smaller makes comunnication generally easier. they are also vey flexible with scheduling

    Cons

    some of there processing are kind of bearucartice

    Advice to Management

    hold less meetings


  7. "A nice place to be - emphasis on nice"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Columbus, OH
    Former Employee - Consultant in Columbus, OH
    Recommends
    No opinion of CEO

    Pros

    Unlike many places, senior management here are genuinely nice people. Nice people really do finish first here. There is a big coaching and feedback culture here.

    Nationwide has a sterling reputation in Central Ohio due to its generosity to various charities. You will be expected to contribute to various charitable campaigns (particularly United Way, which is a really big deal). But this is a good thing. You will see a lot of people who wear Nationwide logo shirts out in public. People are proud to work here.

    Cons

    The silo mentality is a reality. This is a big company, and it feels like it. Information sharing between departments is nonexistent. Some departments hoard information, but this happens in almost every corporation.

    Advice to Management

    Something has to be done about the silo mentality. I think moving people around beyond their immediate department would do wonders.

  8. "Nationwide - All about the money....for the higher ups"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst, Desktop Services in Columbus, OH
    Current Employee - Senior Analyst, Desktop Services in Columbus, OH
    Doesn't Recommend
    Disapproves of CEO

    Pros

    +Immediate co-workers are, for the most part, great.
    +Decent facilities at the home office, for many things needed during your daily activities.
    +They give you a paycheck.

    Cons

    -Poor management at all levels.
    -Promotions are based on everything but performance and ability.
    -Cronyism runs rampant.
    -Pay scales are a joke.
    -The leadership does not care about the people that actually get the job done.
    -Advanced degrees are used against you for promotions.
    -Work/life balance is only achieved if you have 0% life and 100% work.
    -You rarely have the tools needed to do your job.
    -Offering opinions for positive changes immediately gets you labeled as a troublemaker.
    -Everything is political.

    Advice to Management

    Stop promoting morons to management positions. If everyone on a team files complaints on a "manager" and the performance of this so-called manager is lacking, remove them from management. Do not let them carry on for years and then give them promotions. Beyond that, when a manager is identified as a problem and they are removed from their jobs, do not let them fill out performance reviews for the people who filed complaints against them.

    If someone has a long background in an area and could be considered a subject matter expert, stop ignoring their input. I have been in meeting after meeting where a former sales person has demanded changes to application and business rules. These changes directly conflict with guidelines, rules, and regulations, but management always allows them. Several months later, there is always a mad scramble to fix the mistakes made. In fact, if a person has zero technical knowledge and/or background, please stop letting them be in charge of technical teams. Instead, promote someone with years and years of management and technical knowledge to lead the team. The results will be better.


  9. Helpful (1)

    "Great company to work for overall - advancement opportunities are limited unless you want to move to Ohio"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Scottsdale, AZ
    Former Employee - Assistant Vice President in Scottsdale, AZ
    Recommends
    Approves of CEO

    Pros

    Work/life balance; small family-like environment; collaborative. Lots of opportunities to make a difference as the company is growing and being more innovative (as much as one can be for an insurance company)

    Cons

    Over use collaboration, thus slow to make decisions; people have a very difficult time managing performance due to fear of not being "nice". A lot of very tenured people which decreases promotional opportunities.

    Advice to Management

    Adapt to the culture, meet face-to-face, build partnerships before trying to shake anything up. Foul language and agressive behavior is not tolerated. Nationwide, the parent company, is moving from a holding company to a one company mentality, thus many jobs are being taken over by people in the corporate offices (Ohio); there are risks of being laid-off in shared-services organizations (IT, Finance, HR) ; huge lay-off in IT. Nationwide is completely different culture than Scottsdale - it is tough/cut-throat and being located in Scottsdale, AZ doesn't help..


  10. "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Pension Administrator in Dublin, OH
    Current Employee - Pension Administrator in Dublin, OH
    Recommends
    Approves of CEO

    Pros

    Good pay at this company

    Cons

    Long hours at this company

    Advice to Management

    More engagement


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