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
4.0
Mar 22, 2009
Recommend
CEO approval
Business Outlook

Pros

Employees benefits from higher salaries and nice benefits that are typical in the Swiss financial services sector. It is an international company where you have the chance to work with people from all over the world. Career opportunities are abundant and it is relatively easy to move from position to position within the organization, even abroad when there is a good fit. There is a strong focus on performance management, career development and growth, but the employee has to take the lead to drive it. The work environment (e.g., colleagues, offices, locations) is nice. Colleagues and managers are competent in their field.

Cons

Zurich is a big, matrix company and decision-making and change comes slowly. Frequently, too many people have to approve or comment on initiatives before they can more forward. While awareness is good, it really slows down getting things done quickly. IT services are fair; many software applications which we must use are outdated (e.g., Office 2002, Microsoft Content Management System, Notes 6.5), thus leading to inefficiency. Getting the latest software to do your job well can be a challenge. Work-life balance can difficult. An employee really has to take charge and manage the situation, because your supervisor is frequently under pressure that gets passed on to you..

2.0
Jan 23, 2009
Recommend
CEO approval
Business Outlook

Pros

The culture is very relaxed and comfortable, in the country head offices and especially in the corporate center. The work environment is also highly international and most colleagues are socially competent. Internal networking can bring good opportunities to a lucky few.

Cons

The matrix organization is overly complex and reporting lines are often unclear. This is due in part to the ongoing shift from a organization based on independent country units to one trending towards global functions. Also, much of ZFS management comes from accounting or consulting backgrounds and thus have recreated a sort of academic partnership-style of leading which does not emphasize individual accountability. Due largely to continuing organizational changes and poor communication between reporting units, McKinseys permeate the place both as consultants and as internal hires (ZFS is one of their largest global contracts.) Given the tradition of employing masses of consultants, management has been coddled to the point that decision-making is viewed largely as commissioning another set of slides. Major initiatives rarely get pushed through to completion given the lack of management ownership. Data is also fairly poorly coordinated / unavailable on most levels.

Viewing 2197 - 2199 of 2,199 Reviews

Glassdoor has 4,130 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.