Equitable Life Insurance Company of Canada Reviews | Glassdoor.ca

Equitable Life Insurance Company of Canada Reviews

Updated 22 September, 2018
24 reviews

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3.1
StarStarStarStarStar
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Ronald Beettam
10 Ratings

24 Employee Reviews

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  1. "Great place"

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

    I have been working at Equitable Life Insurance Company of Canada full-time

    Pros

    Excellent results for years. Superb work-life balance. Challenging and rewarding work. High performers are rewarded. Everyone is encouraged to be their best.

    Cons

    Not many. Due to size, career advancement may be more limited than at much larger companies. But plenty of examples of internal promotions.


  2. Helpful (2)

    "Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations in Waterloo, ON
    Current Employee - Operations in Waterloo, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Equitable Life Insurance Company of Canada full-time (Less than a year)

    Pros

    Nice place to work, friendly people.

    Cons

    Smaller company, therefore not a lot of room for advancement.

    Advice to Management

    try to hire internally for advance positions rather than hire from outside.

    Equitable Life Insurance Company of Canada Response

    18 May, 2018 – Online Communications Specialist

    Thanks for taking the time to share your thoughts about working at Equitable Life. We like getting four-star reviews. We like five-star reviews even more! We are a friendly bunch at Equitable. In... More

  3. Helpful (1)

    "Dishonest Human Ressources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Waterloo, ON
    Former Employee - Underwriter in Waterloo, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Equitable Life Insurance Company of Canada full-time (Less than a year)

    Pros

    Good atmosphere and colleagues. That's about it.

    Cons

    Management disconnected from their employees' needs. Very stagnant mindset and company culture. Lazy, dishonest, extremely cheap Human Ressources who not only pay way below their competitors, but are also totally shut to any discussion, reasonable renegotiation or compromise to make the employee's life better. I have never felt in all my years such disdain from HR.

    Advice to Management

    There's something rotten in your HR area. Time for a purge...?

    Equitable Life Insurance Company of Canada Response

    17 May, 2018 – Online Communications Specialist

    Thanks for taking the time to share your opinions about your time at Equitable Life. Because you worked here for less than a year, you didn't have a chance to participate in one of our employee... More


  4. "QA Anayst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Kitchener, ON
    Current Employee - Anonymous Employee in Kitchener, ON

    I have been working at Equitable Life Insurance Company of Canada full-time (More than a year)

    Pros

    Its good company to work for.

    Cons

    I haven't experienced yet in my 3 yrs of stay.

    Equitable Life Insurance Company of Canada Response

    17 May, 2018 – Online Communications Specialist

    Thanks for your feedback! We're very happy that your experiences working here have all been very positive, even if your star rating doesn't reflect that. Thanks for contributing to three great years... More


  5. "IT/DESKTOP SUPPORT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Kitchener, ON
    Former Employee - Anonymous Employee in Kitchener, ON
    Recommends
    Positive Outlook

    I worked at Equitable Life Insurance Company of Canada full-time (Less than a year)

    Pros

    Productive and fun workplace with table tennis table; Business casual and Friendly.

    Cons

    Our term or contractual agreement meant there was no room for advancement.

    Advice to Management

    N/A


  6. "Life Admin."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    -Keurig Machine on every floor.
    -Flex time
    -there is someone always bringing in snacks! you never go hungry in that place.

    Cons

    -boring, mundane work. factory work but in an office setting.
    -atmosphere is stiff. can’t have a conversation with your co-worker(s) without someone complaining it’s too loud.
    -people are entitled and complain about everything
    -management only interacts with their “minions”. very cliquey.
    -some processes/systems are very archaic ex. VAX
    -parking is a joke. not enough spaces on site so people have to park and walk 10mins to get to and from work. At least Sun Life has a shuttle service.
    -meetings that can easily be an email
    -advisors have no idea what the processes are aka lack of advisor training

    Equitable Life Insurance Company of Canada Response

    17 May, 2018 – Online Communications Specialist

    Thank you for your review of Equitable Life.

    We’re pretty happy about our Keurig machines, flex time and abundant snacks, too!
    One of our key focus areas at Equitable is investing in technology... More


  7. Helpful (1)

    "Challenges to come"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Equitable Life Insurance Company of Canada full-time (More than 3 years)

    Pros

    Staff do believe in what they do; lots of integrity and devotion

    Cons

    VERY low pay for group sales reps.
    On the group side, the VP has an actuarial background and a nice guy but things have changed dramatically. Underwriting rules now. ZERO partnership with sales.
     Sales are going down the tubes (and will continue to do so) due to being very uncompetitive. As a result, the sales reps are expected to pay out-of-pocket just to make sales. (Discounting is owned by reps)
    Profit is now the only thing that matters and that rests on the sales reps shoulders.
    Garbage.

    Advice to Management

    You’re going to lose the good sales reps, the ones we enjoy to work with.
    Need to compete in marketplace again and not make the reps pay to be competitive.
    Figure it out!

    Equitable Life Insurance Company of Canada Response

    17 May, 2018 – Online Communications Specialist

    Thanks very much for taking the time to provide this feedback. We work very hard to foster a culture of integrity and passion at Equitable Life and we’re happy you’ve noticed during the time you’ve... More

  8. Helpful (1)

    "Administrative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Equitable Life Insurance Company of Canada full-time

    Pros

    Great company and morals
    I love the atmosphere

    Cons

    They need to work towards the future and allow staff to work from home

    Equitable Life Insurance Company of Canada Response

    17 May, 2018 – Online Communications Specialist

    Thanks for taking the time to give us a review, and helping to spread the word about what a great place Equitable Life is to work!

    We got the message about working from home. In fact, late last... More


  9. Helpful (1)

    "Nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Group Administration Specialist in Waterloo, ON
    Former Employee - Group Administration Specialist in Waterloo, ON
    Approves of CEO

    Pros

    Very unpretentious place to work, nice people, want you to succeed, free training, employee engagement initiatives, nice work environment.

    Cons

    Slow, somewhat bureaucratic, a bit too comfortable. Was changing when I was there

    Advice to Management

    Keep transforming the company


  10. Helpful (1)

    "Can't say"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waterloo, ON
    Current Employee - Anonymous Employee in Waterloo, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Equitable Life Insurance Company of Canada full-time (More than a year)

    Pros

    - Good challenging work
    - Drama free co-workers-
    - Nice ping pong table and monthly tournaments

    Cons

    -Barely any parking - way too many employees for the number of parking spots on site. They do have more spots at couple different curches but they are too far.
    - All employees are old. No young fun co-workers
    - No career advancement
    - Low salaries
    - No free coffee
    - Cafe food is absolutely garbage

    Advice to Management

    Stop being cheap and spend some money. Ron (CEO) is absolutely full of himself.


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