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Germania Insurance

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Germania Insurance reviews

3.3

47% would recommend to a friend

(53 total reviews)
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Brandon Keller

50% approve of CEO

42% positive business outlook

Germania Insurance has an employee rating of 3.3 out of 5 stars, based on 53 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Germania Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

53 reviews
5.0
May 13, 2014

Great family oriented company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A very family friendly, family-oriented company. Pay is competitive with the Houston market. Employees are friendly to work with.

Cons

Sometimes management delays work that needs to be completed sooner than later.

3.0
Jan 9, 2014
Recommend
CEO approval
Business Outlook

Pros

This company has good salaries and better benefits! You can have a job here for life if you are willing to go to work and do your job each day. They hardly ever fire people.

Cons

Company is in a small town and it shows from the bottom of the organization all the way to the executive level. If you are looking for forward thinking and progressive, this is not the company for you. Also, being in a small town with small town mentality, the politics are thick within this company. Promotions are often not based on what you know but who you play golf with or what you can do to advance your superior's careers. When senior management decides to make changes to staffing, the person who is on his way out simply is reassigned to a newly created position and the new person is moved in to the old persons job. So much salary fat could be trimmed if these folks were just fired.

4.0
Aug 17, 2010

Texas' Biggest Farm Mutual

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This is an extremely stable and financially responsible insurance company, organized as a Farm Mutual under Texas statute. The corporate culture and company structure allow Germania to be reasoned and long-term in their approach to the insurance market cycle, so there's none of the typical "write it all" followed by "clean out the crap we wrote last year" vacillating that you see with the large stock company P&C insurers. This conservative long-term approach has led to a history of growing the surplus (barring weather extremes - this is Texas after all!) and policies in force at a reasonable and consistent pace. The stability of the company is reinforced by a management team that is focused not only on long-term profit but also on company survivability through managed growth, careful reinsurance purchasing, and thoughtful product expansion. It's a small company in a small town, so there's a lot of emphasis on family and community. The benefits package is a dinosaur and very nice to have! The company has been in business since 1896 and has been in the same location for decades.

Cons

It's a small company in a small town. If you're near the top of a small professional niche, it's a very isolating position, since there are no peers nearby. Unless the candidate happens to love small-town life, it's a tough company to recruit for. All companies have internal politics, and the ones here take some time to learn, and are related to the ownership structure (Farm Mutual) and governance (agents on the Board). In my mind, the conflict of interest represented in the governance structure is the biggest operational risk this company faces. All of the good things about the stability and conservative nature of management mean that the organization is tough to shift, so at best! Germania will be a somewhat nimble follower of market innovation. This is not the place to be if one wants to be on the cutting edge of P&C product design or innovation. In order to be here and continue to learn one's craft, one has to be a self-starter on self-education. It's also a place with very limited turnover. There's a clear career path upwards, but since there's little churn in the organization it's a slow path, and the politics will present a glass ceiling to you if you don't play them well.

Viewing 49 - 51 of 53 Reviews

Glassdoor has 61 Germania Insurance reviews submitted anonymously by Germania Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Germania Insurance is right for you.