Economical Insurance Management Reviews | Glassdoor.ca

Economical Insurance Management Reviews

Updated Feb 10, 2016

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4.0
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Economical Insurance President and CEO Rowan Saunders
Rowan Saunders
0 Rating
  1. Helpful (2)

    "Great experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Management in Waterloo, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Economical Insurance

    Pros

    Economical is an organization that is committed to competing and being a rewarding place to work. The post 2010 leadership group is capable and has made many difficult decisions which are yielding results now. The company has top tier benefits and rewarding work. If you understand that it is a place of employment where you are paid for delivering output and that there are no prizes for just doing your job, it will be a great experience.

    Cons

    There were some challenging times and not all decisions were flawlessly made or implemented. The longer tenured employees were slow to adapt to the shift in organizational dorection which created some culture issues. This has decreased as newer staff have entered the organization and management has presented a united front for the future direction.

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    Economical Insurance2016-02-10
  2. Helpful (2)

    "Good benefits and atmosphere, lousy promotion scheme and politics"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Management in Edmonton, AB
    No opinion of CEO

    I worked at Economical Insurance

    Pros

    Eco has a good package of benefits, retirement plan, etc, pays fully for insurance education, has a good salary system with adequate ranges when used, and some great people working for it. There are routes to advance within the company, and the team leaders are typically flexible and considerate when it comes to requests for time off, slight changes to work schedules, etc.

    Cons

    The regional management is completely out of touch with who is accomplishing what - and who isn't. Promotions to leadership roles are dictated almost entirely by politics, and have extremely little to do with ability, tenure, or accomplishments. The atmosphere is resistant to change and very top-down, with heavy controls from head office, little power in the regions, and no desire to change this philosophy.

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    Economical Insurance2011-04-08

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