GEICO reviews

2.7

24% would recommend to a friend

(12,734 total reviews)
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Nancy L. Pierce

46% approve of CEO

24% positive business outlook

GEICO has an employee rating of 2.7 out of 5 stars, based on 12,734 company reviews on Glassdoor which indicates that most employees have an average working experience there. The GEICO employee rating is 25% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

13K reviews
2.0
Jan 28, 2019

Old School Company that cares more about money

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good name on your resume Good learning experience

Cons

The company only cares about profitability and will do anything to keep their salaries as low as they can. It is super bureaucratic and if you have a problem with a manager or teammate HR "is always open" but they take notes and then they bury them in a drawer. The HR department does nothing to protect equal employment and fair treatment. They are constantly watching your every step and treat you like a kid setting old norms that do not align with current workplaces. Their is no flexibility what so ever for a so called IT company. I would not recommend working here.

4.0
Jan 10, 2019
Recommend
CEO approval
Business Outlook

Pros

- Profit Sharing - Ability to move from one team to another is pretty easy. You can learn a TON about every marketing medium due to the massive budget and number of consumer touch points & team collaborations necessary. - They have worked on salaries in recent years to be more competitive with others in the area, and started rewarding those who consistently perform well with raises. - The company itself does consistently well financially, so you never fear losing your job. Very stable. - Good work/life balance. Staying late/working on the weekends is discouraged-- everyone shuts down.

Cons

- Can sometimes get into a rut of same old same old with responsibilities -- upward movement can sometimes be just a title bump but you're not actually doing anything different. - Office politics-- especially because so many people there have worked there for so long. Lots of egos. - The ones who make it to top leadership positions are those who have stayed with the company for 15+ years. While it's great to reward loyalty, many lack the perspective of working anywhere else, and can become complacent with doing the same thing year after year. New ideas are often discouraged. - The culture is weird/stuffy/corporate.

3.0
Jan 10, 2019
Recommend
CEO approval
Business Outlook

Pros

GEICO provides their employees with great and extensive training. Great benefits like 401k, medical and Profit sharing base on you yearly income. 80 hours of PTO plus floating holidays upon the first year of service. Easy to take vacation as long as you understand the consequences of coming back to a heavy work load. Company car and mileage allowance for auto damage field adjusters. Monday to Friday work schedule with optional but not mandatory weekend shifts. Profit sharing is celebrated once every year, this is base on your Yearly salary. 10% goes to your 401k and the rest comes to you in a form of a check aka bonus.

Cons

Heavy work load and unrealistic work goals. Raises base on core metrics which can be affected by territories chosen by upper management, therefore most adjusters will never get major raises as most areas of town are consider high severity. Management seems approachable and willing to work with the adjuster but not much changes. it comes down to who you know and how much they like you. Overtime is only allowed per supervisors approval in advance, you have 7.75 hours every day to complete 6-8 claims. One claim means to complete a vehicle inspection, speak to the customer, speak to the repair shop, agreed to the repairs with all the parties involve. locate parts and issue payment for those repairs and parts. The Adjuster will also handle the communication with the customer throughout the whole claim process, the adjuster will handle the customer's rental vehicle and limits. All this per claim times 6-8 per day or 35-42 claims per week. High turnover rate, your team and supervisors will be changing constantly to meet the demand of employees who leave the company. First look claims are consider 1.0 points in the score metric. First supplements are consider 0.5 points in the score metric. second supplements and every supplement after that are consider 0.0 points in the score metric. if a adjuster has multiple 2-3-4-and on supplements in one day then the adjuster is expected to complete enough claims to add to a 4.0-5.0 score. this can mean working late during the week but not clocking the overtime as it affects your overall core metric. Be prepare to work late almost every day of the week, also be prepare to handle multiple upset customers and repairs shop when you take time off as you will have to handle heat cases upon your return. Be prepare to handle adverse repair shops, commercial claims and fraud claims, negotiation is a major part of this job which can become very stressful at times. Work load does not allow for life balance during the week. GEICO is among the lowest paying employers for the Auto Damage Adjuster pool.

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