Working at Economical Insurance | Glassdoor.ca

Economical Insurance Overview

Waterloo, ON
1001 to 5000 employees
1871
Company - Private
Insurance Operators
$2 to $5 billion (CAD) per year
For Canadians by Canadians, we’re a company that imagines bigger and better things, which inspires us to take chances, think innovatively, evolve, and adapt. Our passion and desire to make a difference is evident in everything we do.

Founded in ... Read more

Mission: Be the insurance partner Canadians choose to protect what they value most.

Company Updates

  • February is #InsuranceCareersMonth! What’s sometimes seen as a “traditional” industry is rapidly shifting into a diverse workforce focused on innovation and technology.

  • We have achieved a significant milestone along our path to becoming a public company. It has been a long and complex journey, but we are gratified for the overwhelming support from our eligible mutual policyholders. "We're thrilled with the outcome," said Rowan Saunders, President and CEO. "It allows us to fulfill our aspirations of being a top five insurance company." http://glassdoor.com/slink.htm?key=vMXH1

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Economical Insurance – Why Work With Us?


IT STARTS WITH OUR PEOPLE

Sure, we definitely enjoy a laugh or two along the way. But what really inspires us to take chances, think differently, and grow our business is the fact that we’re constantly encouraged to imagine and deliver bigger and better things. Our passion and desire to make a difference is evident in everything we do.

Our employees are the reason we’ve come as far as we have, and we’re now adding to our high-performance team to take us into the future.

A CHANGING INDUSTRY CALLS FOR A NEW WAY OF DOING THINGS

Let's rethink insurance, together.

We have ambitious goals for our future, and our desire to make a difference is evident in everything we do. Our employees are the reason we’ve come as far as we have, and the reason we’ll go much further still. That’s why we cultivate a high-performance culture of possibility and innovation — where ambition, collaboration, and fun come together.

We attract, recognize, and reward people who are curious, results-oriented, optimistic, and open-minded. Ready to challenge the status quo with us?

Find the position that's right for you >

EXPECT MORE

We’re looking for the best of the best, so you should expect the best from us too. Our employees enjoy flexible work schedules, generous vacation time, competitive pay, great benefits, and company-matched RRSPs.

From bright, collaborative workspaces and a smart-casual dress code, to award-winning wellness and learning programs, we make every effort to keep you inspired, healthy, and engaged. So go ahead and expect more — you deserve it.

 

DO GREAT THINGS WITH GREAT PEOPLE

We attract, recognize, and reward people who are curious, results-oriented, optimistic, and open-minded — doers and thinkers, extroverts and introverts, self-proclaimed nerds and dreamers, listeners and communicators.

Everyone here is different, which only makes us stronger. The common denominator is a passion for creating a better experience for our customers.

 

HAVE FUN WHILE YOU'RE AT IT

A happy workplace is a better workplace. From coast to coast, we’re proud to provide a positive work environment for our teams.

We believe a day at the office should be enjoyable and that a little fun can spark innovation. Team events are a great opportunity to connect, have a laugh, and unwind — and show your creative side while you’re at it.

HEAR FROM OUR EMPLOYEES ABOUT WHAT IT'S LIKE TO WORK HERE

Outside the box, just the way we like it 

At Economical, we’re not what you’d expect — and each of us brings something unique to the table. Just ask Ashley, a former advertising student who found her dream job as an accident benefits adjuster with our London, Ontario team.

EMPLOYEE TESTIMONIALS

And the work is meaningful.

Economical Insurance Reviews

  • Featured Review

    "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Administrative Assistant
    Current Employee - Executive Administrative Assistant
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Economical Insurance full-time (Less than a year)

    Pros

    Flex hours, competitive pay, great people, exciting times ahead.

    Cons

    Some of the programs used need to be upgraded to better technology.

See All 205 Reviews

Economical Insurance Photos

Economical Insurance photo of: Head Office in Waterloo, ON
Economical Insurance photo of: Our people are our strength
Economical Insurance photo of: Employees sharing lunch
Economical Insurance photo of: Dog days are great days
Economical Insurance photo of: Celebrating Pride Week
Economical Insurance photo of: Our employees give back by volunteering
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Economical Insurance Interviews

Experience

Experience
59%
18%
23%

Getting an Interview

Getting an Interview
54%
16%
16%
5
3
3
3

Difficulty

3.0
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

     

    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. I interviewed at Economical Insurance.

    Interview

    Two Intermediate Actuarial Analysts asked me questions on the paper. The entire interview ran about 1 hr long and they basically strictly followed the questions on the paper they brought with. Asked questions and jotted down some notes.

    Interview Questions

See All 49 Interviews

Economical Insurance Awards & Accolades

  • Guidewire Innovation Award, Guidewire, 2018
  • Canadian Insurance Carrier of the Year, Insurance Nexus, 2018
  • Global Enterprise & IT Architecture Excellence, iCMG, 2018
  • Waterloo Area's Top Employers, Canada's Top 100 Employers, 2018
  • A.M. Best ‘A’ (Excellent) financial strength rating,, A.M. Best, 2019
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Work at Economical Insurance? Share Your Experiences

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