Unum reviews

3.4

54% would recommend to a friend

(1,417 total reviews)
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Rick McKenney

63% approve of CEO

57% positive business outlook

Unum has an employee rating of 3.4 out of 5 stars, based on 1,417 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Unum employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.7 stars).

Reviews by job title

1K reviews
3.0
Feb 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Diversity of the products offered (from an insurance perspective). The brand name also helps as Unum is one of the premier Life/Disability carriers in the nation. Our benefits package is also stellar. Another plus is that management seems to have a great track record which is important (especially in these economic times).

Cons

The opportunities for promotion are not what I would have anticipated. Opportunities for advancement in the field are not plentiful. They are if you work in their corporate office in Portland, ME. It would also be nice to have some flextime (working from home on occasion) but that practice is not well regarded.

3.0
Feb 1, 2009
Recommend
CEO approval
Business Outlook

Pros

Benefits. Its also a good place for a lazy person to work...

Cons

As with many jobs...the favortism. I worked there for almost 10 years and even though I benefited from the favoritism myself some times...it still wasn't fair.

4.0
Dec 16, 2008
Recommend
CEO approval
Business Outlook

Pros

The Paid Time Off policy is probably the single greatest thing Unum has going. New employees get 23 days. Every 5 years, add 5 days to that up to a maximum of 33. You can also roll 5 days year-over-year, so the old-timers have 38 days! Career advancement is a little slow for young people today, but the workforce is exceptionally old, and Unum still has a strong pension plan. In the next 15 years there could be a pretty serious exodus to retirement, so the Gen Y'ers who get in now and learn the business will be very well positioned for the future. Also Chattanooga is a great city to live in if you like outdoor and athletic activity. The nightlife in Chattanooga is a little lacking, but is perfectly enjoyable if you like the tavern and pool-hall scene. Just don't expect to find long lines to get into clubs with bottle service.

Cons

Insurance is not an inherently thrilling industry. The workforce is pretty "seasoned" and most are just coasting, so the openings to move up aren't there yet. Still, see the good reasons above for more on this. As a younger person, I'm not a big fan of the retirement plan. Unum has DB pension, and a weak 401k match. I believe its 50% on up to 6%. I'd prefer a full match, plus vested 401k contributions, since you don't have to rely on the company to fund and invest its pension properly. Seems like a lot of companies are cutting or underfunding these. Several departments are bogged down by red tape, approval committees, and typical corporate bureaucracy. Good managers shield their employees from it, but some are just coasting to retirement and do absolutely nothing, which surprisingly is a pretty effective way to keep your job.

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