Young Professionals Stay Away! - Underwriter The Cincinnati Insurance Company Employee Review

This place is in the Stone Ages in almost every way. I would especially not recommend this company to a recent college grad or to a millennial coming from another workplace. Daily I was expected to do my job using programs that ran on Windows XP or 98. Expect long delays while working due to programs taking several minutes to load simple items. If you complain about the technology, you will be met with "this is how it is at every company" which from past business working experience I know is not the case. They will also want you to work faster but the technology makes it difficult to stay focused on your tasks. You are going to learn few skills that are going to be valuable outside the company or other insurance jobs. Most of the work I was doing is going to be automated soon (whenever they can get their act together) and a lot of it was data entry. Even though the job was pitched as being more analytical. Definitely doesn't require a Bachelor's degree and you are not paid like you have one. Do not expect to use any of the skills you learned at business school at this job. Work is extremely solitary; very few opportunities for collaboration. If you like talking as a part of your work at all do not work here. Work is also very menial and monotonous. Expect to do the same exact thing everyday. Culture is stuffy. Most people are afraid to talk. Dress code is very strict and basically business professional without the jacket and tie. Very little room to be creative or have a personality. Pay is extremely low for everyone except the actuaries. Expect small raises and bonuses even though financially the company is doing better than ever. The somewhat generous stock options and Company Day once a year is not enough to justify such low salaries. Lots of turnover due to being overlooked for jobs for no reason and other insurance companies in the area paying more. While working there they started hiring people with less experience than I in positions higher than mine and with better pay. I was told by management that this happens often here and to just deal with it. Having to wait 18-24 months for a promotion makes it difficult to move above these new hires. I saw people with MBAs making peanuts and not given much opportunity to advance. Long term, not sure if the business model is sustainable. People don't think about going to their local insurance agent anymore. Everyone says that jobs here are stable, but with growing automation and the rise of digital insurers they might not be so stable for too much longer.