Chubb reviews

3.6

63% would recommend to a friend

(769 total reviews)
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Evan Greenberg

69% approve of CEO

63% positive business outlook

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769 reviews

Reviews about "Compensation"

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3.0
Jun 1, 2021
Recommend
CEO approval
Business Outlook

Pros

Established, reputable, decent pay, and decent benefits.

Cons

Rigid, matrixed environment, overwork, poor work-life balance ("Do the poorly designed job or be replaced"), limited salary, and arbitrary reasons on bonus payout.

3.0
May 27, 2021

Underwriter review

Recommend
CEO approval
Business Outlook

Pros

Flexible hours and work from home

Cons

Internal Political preferences: Compensation low.

1.0
May 25, 2021
Recommend
CEO approval
Business Outlook

Pros

Old Chubb (prior to merger with Ace) was well run and tried best to do right by its employees. That went out the window 5 years ago. Chubb was a premier claim operation charging its customers top dollar for top claim service and consideration. Unfortunately, that does not exist anymore as top claim employees abandon the "burning building." Chubb is doing nothing particularly well these days.

Cons

Company plows ahead with its misguided agendas until something fails and then they clumsily back out. Honestly, company is now structured like the Roman Empire--bunches of managers, AVP's, VP's, and EVP's vying for political power and capital with CEO being Caesar trying to build an empire larger than his father did at AIG. We all suffered with Covid last year but worst suffering was when we all had >2% raises and sub standard bonuses as company was preparing to bit for takeover of Hartford. Attrition rate among employees now has to be fairly significant. On surface, company appears to be fairly modern with great diversity across the spectrum. Men, women of all ages, races, religions, and sexual diversities, Unfortunately, very few of these people are currently happy at their jobs, at least through everything I have seen or heard. I have witnessed several instances of senior management talking down and outright disrespecting subordinates. The company's compensation and benefits which was once top of the industry has fallen back into the "pack" with other companies. The current "purge" of experienced employees will likely result in younger hires who will be willing to undertake the jobs at a significant reduction in salary.

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