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MAPFRE Insurance

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MAPFRE Insurance reviews

3.2

42% would recommend to a friend

(62 total reviews)
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Jaime Tamayo

53% approve of CEO

51% positive business outlook

Reviews by job title

62 reviews

Reviews about "Culture"

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1.0
Jan 19, 2016

Hierarchical and Bureaucratic

Recommend
CEO approval
Business Outlook

Pros

Free parking, free coffee,tea and milk, nice people, employee garden, clean bathrooms, small town and handy to the highway for easy commuting.

Cons

MAPFRE Insurance continues to be headed up by a cold, unapproachable CEO from Spain who lacks passion, vision, or the ability to inspire. He choses not to know his employees and refuses to directly communicate to them in person. Town Hall meeting? Never. He works surrounded by highly compensated senior leaders, many also from Spain, who isolate themselves on the fourth floor of a new luxury executive suite across town, while hundreds of worker bees sit in tiny cubes in large, loud open rooms basically chained to their chairs trying to respond to non stop customer calls, a massive claim backlog on multiple antiquated, frequently broken, unreliable IT systems. Talk about stress! HR is also removed from daily business and are order takers/givers basically clueless about the industry or the company's direction. They are task focused and not encouraged to think. They gossip and lack confidentiality, a key mandate of a HR professional. It's a micromanaged environment lacking fresh, energetic and innovative leaders who know how to effectively partner with business leaders and relate to employees. Their 2016 approach to work life balance is to not allow teleworking, clock watch, and treat employees like children unable to be trusted to get the work done on time and as requested. MAPFRE seems like the old manufacturing factories of the 30s and 40s. One set of "rules" for employees and another for leadership. Pay is another example - low. No performance bonuses unless you are management. How can a manager reward top performers? With a 2% raise? Five years until you "earn" another PTO day. Childish "atta boy" pins for the recognition program. Really? There's a large, elitist communications department, again locked away from the business who are clever spin doctors. Follow their responses to these reviews. Bottom line? MAPFRE is the story of the Emperor With No Clothes. No one is brave enough to speak the truth. Fear rules. NOT A GREAT PLACE TO WORK.

2.0
Dec 27, 2015

High Turn Over and Low Pay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The PTO is probably the best reason to work here. In addition to the small town feel. The company is right off of the highway close to CT and RI.

Cons

The pay and yearly raises are so low that many people leave the company to go to Hanover for a raise and come back to MAPFRE. There are little training programs so you feel completely lost when you get into a new position. The upper management and HR doesn't care about you or you concerns. This is obvious because all employees can see the turnover. The company is hiring people outside of the P and C field just to fill positions, so the minions who get paid nothing are carrying all of the new management! It's very frustrating to watch and greatly run company run into the ground since it was bought out by MAPFRE.

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MAPFRE Insurance Response
10y
Thanks for taking time to share your feedback. We frequently hire and promote from within so if you're current job isn't a good fit, keep an eye out for open positions that might better meet your needs. For any concerns you have, each department is equipped with an HR Manager whom individuals can call on at any time to share insights or issues, in addition to your supervisor or manager.
2.0
Dec 15, 2015

Better direction needed

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Building is filled with smart, dedicated people that know the market, know the operation, and want to be invested in the future of the company.

Cons

Upper management is too worried about what Madrid wants and not enough about what the US division needs. This is impacting front lines staff and middle management as it isn't clear which direction the company is going. For instance: Spain pushes for growth and we respond by offering unprofitable products in unprofitable states on an unmanageable platform. But, it's growth. Meanwhile the core of the business in Massachusetts is decaying. This cannot go on indefinitely.

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MAPFRE Insurance Response
10y
We're glad to see that you feel our company is filled with smart and dedicated employees and we agree! Everyone at MAPFRE Insurance works hard and is committed to doing a great job. Feel free to share your concerns regarding direction with your manager and ask for more insight on how the company manages growth vs. profitability and why both are important.
Viewing 49 - 51 of 62 Reviews

Glassdoor has 418 MAPFRE Insurance reviews submitted anonymously by MAPFRE Insurance employees. Read employee reviews and ratings on Glassdoor to decide if MAPFRE Insurance is right for you.