Zurich Insurance reviews

4.0

78% would recommend to a friend

(2,199 total reviews)

Mario Greco

90% approve of CEO

72% positive business outlook

Zurich Insurance has an employee rating of 4.0 out of 5 stars, based on 2,199 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Zurich Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Seguros industry (3.6 stars).

Reviews by job title

2K reviews
1.0
Mar 15, 2014

Worst company I have ever worked for!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Colleagues were fantastic. If it hadn't been for the people working at Zurich, I would have left much sooner than I did

Cons

- IT systems were abysmal, something from the dark ages. - Pay was atrocious and considerably less than the rest of the market, while the senior exec and senior managers great pay, great bonuses and little to know restrictions with regard to expense accounts. - Very bureaucratics, dysfunctional behemoth. Countless layers and reporting structure was a nightmare. - Offices around the globe were not joined up; in fact, sometimes other global offices were competing against your team for the same business. How absurd - management didn't seem to care.

3.0
Oct 20, 2012
Recommend
CEO approval
Business Outlook

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)

2.0
Aug 25, 2012

Maddening at times

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's better than starving. Seriously, the money is ok, but raises are pitiful, and bonuses are meted out carelessly and often to the wrong people.

Cons

Upper managers keep their jobs by inventing new initiatives ever year or so, then quickly abandoning rhem in favor of something new. This makes them appear like they always have an active project., but is hell for those affected by their decisions. Promotions are very superficial. If you want to get ahead, women should be under 30 and wear short skirts, and men should be very loud and irritating. Both genders must run their mouths while saying nothing of real value. Just fill that dead airspace! Also, new hires are not trained very well and many are woefully lacking in necessary job-related skills.

Viewing 43 - 45 of 2,199 Reviews

Glassdoor has 4,131 Zurich Insurance reviews submitted anonymously by Zurich Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Zurich Insurance is right for you.