CNA reviews

3.9

70% would recommend to a friend

(280 total reviews)
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Douglas M. Worman

75% approve of CEO

66% positive business outlook

Reviews by job title

280 reviews

Reviews about "Compensation"

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1.0
Jun 16, 2015
Recommend
CEO approval
Business Outlook

Pros

-Decent training opportunities OUTSIDE of the company -My manager was in on the other side of the country, so very little micromanagement -Pay was decent

Cons

Where do I begin... -I received almost ZERO in-house training and procedures. I learned as I went along -Was dumped a caseload of around 100 open files to start with, many already in litigation -absurd procedures and policies on file handling, which are clearly driven by the financial industry regulation following 2008 AND the idea that marine insurance should be run like an auto insurance company - churn, churn, churn those claims in a timely matter - BUT expecting 100% accuracy all the time!! -The "File Review"... even the experienced handlers are terrified is afraid of this...which is performed by auditors outside of the marine claims world. Everyone seems to feel that their job is dependent on these yearly reviews. -A high turn over rate among claims handlers - no one lasts here, and even the claims veterans move on to seek safer shores with more functional companies that value their claims handling abilities -No chance to move up - the middle management has been there for decades, and they aren't going anywhere - no one else would hire them! Supervisors (called managers) are clearly a boot licking position, who have only survived the purges following the economic downturn based on their sycophantic behavior - the turnover among middle managers (the supervisors bosses) should speak for itself.

4.0
Jun 11, 2015

Great work life balance.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits, employee moral has improved. Nice gym in the home office building. Good place to develop if you play your cards right.

Cons

Pay is fair but not great. HR is not great when it comes to internal recruiting. They take forever to follow up with internal interview and leave you hanging for a very long time, at least with my experiences. Have the courtesy to at least touch base after interviewing.

2.0
Jun 8, 2015

Wow that was miserable

Recommend
CEO approval
Business Outlook

Pros

Decent pay and okay work life balance, depending on what finance department you were in. Good co-workers and training opportunities.

Cons

Where to begin...overall culture in finance is very formal and stuffy - prepare to not have any fun. It was a really big deal to have a ping pong tournament - really, ping pong? Very much a hierarchy that you must respect which diminishes any creative thought process. Very high turnover in finance - I think 20-30% which is why there are always a lot of finance really open. Forced rotation system in finance where it expected you'll rotate to another position every few years. They claim it builds skills. I think its builds a workforce that doesn't know their job and builds a lot of risks in the day to day work. Internal audit added no value to the company and senior leadership has been there a long time and is not open to new ways, feedback or ideas. The SVP was very much disjointed from staff level - keeps to his direct reports. Very little communication and very segregated / political in internal audit. Very little budget to do any team activities - new it was a mistake when I bought my own lunch in the cafeteria in my first day, and senior leadership didn't even attend. Welcome aboard! Read the chicago tribune article with the CEO - very telling.

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