Management Development Program, Claims - Management Development Program GEICO Employee Review

2.0
15 Mar 2018
Recommend
CEO approval
Business outlook

Pros

-Above average pay for the area -Saying you're working for a well known company -Discounts (depends on what you use) -Profit Sharing after the first year -Knowledge about the insurance industry and coverages -Some of the best people you'll ever meet -Benefits (dental, vision, health, 401K, life insurance, FSA, etc) -Quicker rotation times throughout all level of claims than non MDP associates

Cons

My advice to anyone thinking about taking this position is to approach with caution. You'll have people you meet who will really like the job (they bleed for it, but truthfully a lot of them are miserable and have to maintain a "brand"). I very strongly suggest that if you realize while you're in training that you don't like this job, that you make aggressive attempts to find another place to work, because it's only going to get worse for you. If you decide that you like this job, I suggest that you wait till you get to the desk to see if that thought still maintains. Over half of my class quit within the first 8 months. If you find yourself in a situation where you can't quit this job (and you hate it) w/o having another job, then you refer to my first piece of advice of applying for jobs aggressively when you first realize you hate it. Literally, as soon as you get even the slightest inkling that you don't like this job, start applying elsewhere. This job will drain you mentally, and begin to affect you physically. Prepare to be sedentary. Prepare to feel anxiety like you've never felt before. I still have boughts of anxiety from this job, and I left a while ago. Prepare to feel like you're a child (I have less internet access at this job than I did in high school). Prepare to feel like you're straight out of the George Orwell novel 1984 because Big Brother GEICO is watching you. Prepare to be micromanaged. Prepare to be spread too thin. Prepare to feel like you wasted a lot of money going to school for you degree at this job. Prepare to feel belittled, ignored, like a nuisance, unsure, uncertain, irritated, and ready to consider unemployment as a viable answer to the problem that is this job. If you do end up realizing that this is your career than be prepared to bleed for GEICO. Be prepared to make GEICO your number one, two, and three priority, and then your family, mental and physical health, and kids your five, six, and seventh priority. Leave the fourth spot open just in case GEICO needs that spot too. Be prepared to get frustrated, feel abused, feel unacknowledged, feel used, feel berated, and feel annoyed, only at that point might you get a well deserved promotion. At the end of the day though, for whatever reason, you chose to work at this place. Remember, if you love/like it, stay. If you hate it, do yourself a favor and leave as quickly as you can. -Little to no work life balance -Overwhelming -Monotonous -Meticulous work load -No affirmation on if you're doing good, but plenty of feedback when you're messing up -Rushed training -Bad trainers -Fickle supervisors -Hard to take time off (especially for holidays) -Shared work load (especially if your diary is always up to date or ahead, you can end up pulling up the slack for your team mates) -Incredibly low morale -Pay is below average for the industry -Not enough observed holidays (there are only 6, and you get 4 "floating" holidays) -Hard to take vacation since you're always in orientation for the duration of the program before you go to SPP -7.75 hour work days -Too much work to complete in the amount of time given to do it -Overtime is an unexpected expected (they don't mind if you do it for free, but as soon as you start clocking it management gets upset, and says you're not allowed to do it unless it's authorized) -Intentionally ambiguous job description for the MDP program -Stretched too thin (they tell you that you're not supposed to be doing projects when you first start but then will put you onto project teams, give you wasteful assignments, and put you on committees that force you to choose between your job and the obligation that you've been voluntold to do) -Micromanagement (It's oppressive) -Constantly changing criteria for perfection (Plaza sets the bar low, and FXburg office sets it above the bar) -Stressful, extremely stressful--dealing with the demands of your position, and the opinions of the people around you -A lot of the floor associates will not like you--not because of you, but because you're going to be gone for things like meetings, assignments, projects, etc.,--and they will have to answer your phone -Some of the worst people you'll ever meet -Expectations are always spoken about, but never elaborated on -Favoritism runs rampant, and it shows -Abusive (They'll expect you to do more, know more, and retain more in a shorter amount of time because you're an "MDP") -Pay is negligible compared to your non MDP counter parts -Pay "raises" are also unimpressive, at TCR2 you get paid the same as a regular TCR2 adjuster -Professionalism is completely dependent on your supervisor -Basic benefits package

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Organized in the hiring and training process

Cons

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