Chubb reviews

Staff turnover since the merger has increased to an unmanageable extent. So much so the company are now giving ‘ golden handshakes’ to new employees, lump sum figures that you are required to pay back if you leave within 12 months. The wage structure has no structure at all, with long serving experienced staff being underpaid due to management discretion. This also applies to the bonus structure, which can be granted or revoked at individual managers choosing, not based on achieved targets with no way of appealing decisions. A noticeable theme of similar surnames appears throughout the company, and you can be sure that the junior members of staff with the matching surnames to the senior staff, sons, nephews or even god children seem to advance through the ranks with exceptional pace. On a day by day role, the workload has increased due to sign off changes and unnecessary underwriting requirements. Coupled with the authority points for sign off taking weeks to respond to urgent requests. The above being said, I did enjoy my time at Chubb, I met some amazing people and learned things that have helped me advance within the insurance world. For anyone who is thinking about a role within the business, I would ask them to question the department they are applying to work within staff turnover. In the past 12 months 5 from a team of 9 had decided to leave, all siting pay, working conditions and a lack of belief that the company would improve. All employees who handed in their notices on this team were offered salary increases to stay, which considering the salary review had happened in the previous month and most had no pay increases it all adds up to a disappointing end to a good company.

The p&p reviews (box ticking exercise) Bonuses for the staff you never see. Lack of headcount to properly resource and manage a fair and reasonable workload. Totally inadequate (brand new but inefficient) systems that regularly freeze, run at snails pace or completely go down. Being told the company is doing great 11 months of every year but in the 12th month at pay review time theres never any money "in the pot" yet we hear of people offered more only once theyve threatened to leave? As above no expectation to work unpaid hours but you wouldnt be stopped doing them. No point anyway because it wont give you a 1 or a 2 in your performance review anyway. The company systems and processes pun you back from really going above and beyond your regular role simply because youre too tied up trying to simply achieve the work you already have in your own teams bubble!