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MAPFRE Insurance

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MAPFRE Insurance reviews

3.2

42% would recommend to a friend

(115 total reviews)
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Jaime Tamayo

53% approve of CEO

51% positive business outlook

Reviews by job title

115 reviews

Reviews about "Management"

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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.
2.0
Oct 21, 2015

Pros and Cons

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Most of the coworkers are nice

Cons

Not so nice management team. VERY difficult to get a good raise, despite taking on extra projects or taking Insurance classes.

Viewing 94 - 96 of 115 Reviews

Glassdoor has 419 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.