Find a profitable insurance company to work for! - Commercial Underwriter Nationwide Employee Review

Unfortunately, Nationwide is struggling with their loss ratios and making cuts left and right. When someone leaves, they no longer backfill the position...just split it up between the remaining team. They have rolled out LEAN (which is effectively a program that puts all problems back onto it the employees to fix). Everything is numbers driven, so you have to explain why you have had a less productive day. Micro-managing in its definition. No growth opportunities (obviously) and they struggle to retain talent. The last 3 positions I took were lateral, meaning no raise. Pay is far below industry average so top talent goes elsewhere. They try to make up for the lacking pay in “culture”...but you can’t feed your family with culture. I worked for NW for almost a decade and saw a very, very low moral and apathy from leadership in the past few years. No real direction...very reactive to the market instead of proactive. There is a reason they grew so fast...they wrote pretty much everything for years, and now dealing with the consequences of that in terms of loss ratios. If you are reading this and currently with NW, do yourself a favor and check out other companies. I easily found a position offering 30% more pay with about half of the workload. If you are looking to work at Nationwide, the only advantage would be when you’re new to insurance and need an education. They do that well.