GEICO reviews

2.7

24% would recommend to a friend

(12,697 total reviews)
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Nancy L. Pierce

49% approve of CEO

24% positive business outlook

GEICO has an employee rating of 2.7 out of 5 stars, based on 12,697 company reviews on Glassdoor which indicates that most employees have an average working experience there. The GEICO employee rating is 25% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

13K reviews
5.0
Mar 31, 2009
Recommend
CEO approval
Business Outlook

Pros

Hard work and competence is recognized and rewarded. Management is very down to earth and friendly - very open and accessible. The company urges work-life balance (vacations - while limited in the amount of days you get - are encouraged). You don't have to worry about pulling late nights here! Flexible hours (start between 630 and 9... end between 3 and 530). Education is promoted, but you are not judged based on level of education. A smart individual with a Bachelors has just as bright a future as an MBA.

Cons

Seniority rules in a lot of cases which is a pro & con (frustrating for a young, eager analysts). Knowledge sharing is limited because people fight to maintain ownership of their ideas, projects, etc. When asking for info/data, etc... it becomes a big production.

4.0
Mar 6, 2009
Recommend
CEO approval
Business Outlook

Pros

One of the most financially stable companies in the country. GEICO is very conservative with internal spending and has extremely well balanced books. There is added security from full ownership by Berkshire Hathaway. Benefits are much better than anywhere else in the area. Benefits include a Vanguard 401k, multiple options for health and dental coverages, various types of life/accidental death insurance offered, tuition reimbursement and of course, the GEICO employee's favorite, profit sharing. Although the rest of the country is in a serious slump, GEICO employees were given profit sharing this year for last year's performance. GEICO is a strong and continually growing company with strong job security in an otherwise shaky market. What happened to AIG would never happen to GEICO. they are far too careful for it to be a possibility! the dress code is fairly comfortable. my understanding of similar companies gives the impression that GEICO is actually very lenient.

Cons

i only have experience with the claims department. co-worker squabbling and gossiping can sometimes make you feel like you're in high school again. although it is sometimes understandable since we do work in the insurance industry and we are regulated by the state, treating honest mistakes like an integrity issue is occasionally a problem. tuition reimbursement is limited now to only business core classes... say what?!? they want you to get your degree or you wont be considered for a promotion, but they will not pay for the extra classes that the school requires before you can graduate. GEICO thinks that just because someone has a degree, they are somehow more intelligent or will be more adept at their job, regardless of how little their degree relates to business at all. it is also now more difficult to get approval for tuition reimbursement at private schools (i.e. strayer university). the "emerging leaders" program has really got to go. the head of the program has a serious entitlement problem. every other employee at geico, especially supervisors, in the departments that they are rotated through, are resentful that a fresh out of college "kid" with no experience was magically chosen to be placed directly in a management position after being rotated through a few departments. many of these "emerging leaders" leave the company once they are finished with their rotations anyway. i dont know of a single one who actually stayed with the company once they were finished with their rotations.

2.0
Feb 26, 2009
Recommend
CEO approval
Business Outlook

Pros

GEICO is a company that will be around for a long time to come. GEICO does not lay off, and have not done so for a long time. Your paychecks will arrive on time every two weeks and they will not bounce. GEICO does offer health and dental insurance.

Cons

It is extremely hard to be promoted at GEICO unless you have a supervisor or manager who pulls for you. Unless you are one of the chosen few who are picked by supervision to be promoted you will spend your years toiling away in an entry level position without the opportunity to advance.

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Glassdoor has 13,233 GEICO reviews submitted anonymously by GEICO employees. Read employee reviews and ratings on Glassdoor to decide if GEICO is right for you.