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Capital Insurance Group

Engaged Employer

Capital Insurance Group reviews

3.9

72% would recommend to a friend

(41 total reviews)
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Andrew Doll

81% approve of CEO

72% positive business outlook

Reviews by job title

41 reviews

Reviews about "Compensation"

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5.0
Sep 7, 2014
Recommend
CEO approval
Business Outlook

Pros

Let me start by saying, claims is not for everyone. It is fast paced, sometimes complicated, and you have to have a thick skin as sometimes people get upset at you no matter how well you try to treat them. That said, I've worked for other insurance companies and CIG is hands down the best one. The company really tries to create a life/work balance. The sick time/kincare time is incredible. They are one of the only claims organizations that gives ALL employees a pretty decent bonus (usually around 5%) when the company is profitable. The employee stock program is truly amazing. It works out to be around 40-50% of your salary being put into your retirement every year. Adjusters who have been with the company for 10 years have over a million dollars in their retirement account already. You can't beat that. It's also one of the only claims organizations that offers a lot of opportunities for advancement. There are a number of different levels of adjuster and all come with pay increases. Most companies make these lateral moves. Management really cares about creating career development plans for those who want one. The goals are clear and achievable. Every single goals is well with in your control. I've worked for a lot of other companies where the measurements are often outside of your control. If you work hard, you are rewarded.

Cons

If you are not interested in claims, this is not the place for you. Claims is not for everyone. Understand what a claims job is before you apply for one. Claims are complicated and there isn't always a clear black and white answer. That bothers people sometimes. Also, training for some of the more introductory positions is pretty good but as a smaller company, some of the more advanced training is less structures so it takes someone who wants to learn.

2.0
Jul 13, 2014

The definition of a "Rat Race".

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The employees are quite friendly and seem to stick together, perhaps that is because they need to in order to survive. The ESOP is nice, but it is risky if the business can not keep it together. The facilities are a toss-up, on one side having a gym is lovely, on the other side it reminds me that most of us practically live at the office. Luckily I work in one of the departments that seems to be more balanced than the rest.

Cons

The workload is insanely high and the organization is poor. It seems that innovation is not welcome and bright ideas are only welcome from the top. Instead of creating a new platform to build from I feel that we are constantly patching holes to keep things afloat. The pay is sub-par and from I've witnessed the atmosphere is a breeding ground for apathy and high-stress. As mentioned in the "pros", my department is not drowning quite as much, some of the other departments constantly seem swamped and it makes for poor communication. For instance, I rarely get the technical support I need. The IT support seems to fluctuate and while there are some friendly technicians, only one of them seems to have a high-level of knowledge. I may be bias on that point though as my two favorite technicians left last year and they were both exceptional. All in all the business seems to have a ton of potential but the biggest con is how management will not be flexible and allow the employees to contribute towards reaching that potential.

4.0
Apr 21, 2014

Great place to make a difference!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Employee Stock Ownership Plan is the most phenomenal benefit I have ever seen. You just have to have a longer vision of compensation. You give up some on the front end, but if you can be satisfied with a nominal lifestyle and driving a Civic instead of a Mercedes or BMW, you will have an amazing retirement and won't have to work until you are 80. Good support of personal development. A lot of opportunities to have an impact on the company's future.

Cons

As stated above, the overall compensation is loaded on the back end, so if you are all about cash flow, flashy cars and living high, probably not a good fit.

Viewing 34 - 36 of 41 Reviews

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