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MAPFRE Insurance

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MAPFRE Insurance reviews

3.1

42% would recommend to a friend

(351 total reviews)
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Jaime Tamayo

53% approve of CEO

51% positive business outlook

MAPFRE Insurance has an employee rating of 3.1 out of 5 stars, based on 351 company reviews on Glassdoor which indicates that most employees have a good working experience there. The MAPFRE 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

351 reviews
3.0
Feb 6, 2019
Recommend
CEO approval
Business Outlook

Pros

MAPFRE is well-stocked with good, experienced people- many of whom have been in the industry and with the company for a very long time. Many of them are helpful, and when you're new here, you'll need all the help you can get.

Cons

If companies were people, MAPFRE would be the kind of person that is honest about their flaws- but also believes that said honesty absolves them of an urgency to do better. The systems are ancient and barely function. Staffing is top-heavy and convoluted. All the friendliness & experience in the world is, unfortunately, no help when the job is mostly a fight against inefficiency. At orientation, we were advised that MAPFRE wishes to grow fourfold, yet there seems to be a struggle just to handle what's in front of us.

1.0
Jan 31, 2019
Recommend
CEO approval
Business Outlook

Pros

Auto ins discount, free coffee/tea, parking, PTO time

Cons

Compensatio is just awful and insulting. Company compensation philosophy is based on pay grid only, not on your job performance, performance reviews, etc. Promotions are same philosophy, all depends on pay grid and where you are on it, not based on your job performance...recent promotion to Manager yielded a 4% raise!! It's extremely demoralizing to employees which is why I left.

2.0
Jan 24, 2019

A lot of bureaucracy

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Co-workers Benefits Free parking Company is making an effort

Cons

Ham-handed management from Spain trying to squeeze blood from a stone. Madrid has been setting Monopoly money budgets for the US for years, and then when they fall short, employees are told to work harder. The issue is not the US employees, but a Spanish company that does not have a clue how US companies work. Cut out 2 levels of middle-management and give everyone else a decent raise. Throw out the stupid surveys and actually listen to your employees.

Viewing 187 - 189 of 351 Reviews

Glassdoor has 415 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.