Working at Economical Insurance | Glassdoor.ca

Economical Insurance Overview

Waterloo, ON
1001 to 5000 employees
1871
Company - Private
Insurance Operators
$1 to $2 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

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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.

See our culture in action:

 

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.


ONE Economical: how we’re working together to build a brighter tomorrow — starting today 

See what our culture is all about.

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 190 Reviews

Economical Insurance Photos

Economical Insurance photo of: Head Office in Waterloo, ON
Economical Insurance photo of: Economical volunteer group
Economical Insurance photo of: Smashfest ping pong tournament
Economical Insurance photo of: Kitchener office
Economical Insurance photo of: Celebrating Pride Week
Economical Insurance photo of: We care about our community
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Economical Insurance Interviews

Experience

Experience
58%
19%
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

    Helpful (4)  

    Customer Service Hero Interview

    Anonymous Employee in Toronto, ON
    Accepted Offer
    Positive Experience

    Application

    The process took 2+ weeks. I interviewed at Economical Insurance (Toronto, ON).

    Interview

    Applied online, within 2-3days had a telephone interview (20-30mins), was then invited to a group (8others) interview within 2 weeks. Interview comprised of 2mangers asking 5-6 situational/behavioural questions after which another set of mangers come in and do the same, a total of maybe 12 questions. Very nice building, very polite individuals, felt welcomed. Within less than a week was given a verbal offer after which is followed by criminal/credit and reference check.

    Interview Questions

    • What’s your super power?   Answer Question
    • Why do you want to work for sonnet?   Answer Question
    • Tell me of a situation you had an irate customer how did you handle the situation and what was the outcome?   Answer Question
    • How do you help create a positive work environment?   Answer Question
    • What’s a common misperception of you?   Answer Question
    • Tell me something about yourself that we couldn’t guess by looking at you?   Answer Question
    • What’s something you taught yourself within the last 6months?   Answer Question
See All 48 Interviews

Economical Insurance Awards & Accolades

  • Waterloo Area's Top Employers, Mediacorp Canada, 2017
  • Waterloo Area's Top Employers, Mediacorp Canada, 2016
  • 2016 P&C Insurer of the Year, Insurance Business Awards, 2017
  • Waterloo Region's Healthy Workplace Awards Platinum Recipient, Waterloo Region, 2015
  • Waterloo Region Health Workplace Awards Innovator Award Recipient, Waterloo Region, 2015
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Work at Economical Insurance? Share Your Experiences

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