Great Foundation - but make sure you have an exit plan
Pros
- Great place to learn the P&C industry - Excellent learning from management (how to manage but also how NOT to manage) - Exposure to business operations and senior leadership is fantastic - GEICO is on top of their market for a reason. They do a lot of things very well.
Cons
- THE PAY IS AWFUL. Do not let them tell you Profit sharing makes up for this, or that your raises are frequent. They continuously underpay for roles due to 'lack of tenure', but frequently promote you to the next 'grade'. You're perpetually in the cycle of being paid at the bottom of industry band for additional responsibility. - GEICO middle management is overall very lackluster. This becomes much more apparent as you exit to other companies of this size or in the insurance industry. - They focus on so many little things and metrics that don't matter. No one can see the forest from the trees. - Corporate policies were outdated and inflexible - Strategic thinking is limited. Much of the management team blindly follows like sheep, and does little to think outside of the box or understand other successful corporations can run differently than GEICO - Rank and file structure is almost militaristic - They create a culture of mediocrity. Because of the overbearing focus on silly metrics, the associates are constantly burned out - this in turn impacts the supervisors and the management as they're in constant churn to improve the 'metrics' which are causing associate dissatisfaction. GEICO doesn't understand you must drive performance through people, not numbers.