Economical Insurance
Work wellbeing score is 67 out of 100
3.4 out of 5 stars.
Write a review

Economical Insurance Careers and Employment

Work wellbeing

Results based on 38 responses to Indeed's work wellbeing survey.
Work wellbeing score is Below average, 67 out of 100

Happiness

How enjoyable people find their day-to-day life at work
Below average

Purpose

How meaningful people find their work
Below average

Stress-free

How manageable people find their work stress
Below average

Satisfaction

How content people feel with the way things are at work
Average

About the company

  • CEO
    Rowan Saunders
    63%
    approve of Rowan Saunders's performance
  • Founded
    1871
  • Company size
    1,001 to 5,000
  • Revenue
    $1,3bn to $6,4bn (CAD)
  • Industry
    Insurance
  • Headquarters
    Waterloo, ON
  • Link
    Economical Insurance website

Economical Insurance is one of Canada’s leading property and casualty insurance companies, but there’s really much more to us than that. Since our beginnings in 1871, we’ve been an organization that has imagined bigger and better things, inspiring us to take chances and think innovatively.

Because our customers are at the center of everything we do, we make one simple promise: We'll be there for them when they need us most. We’re proud of our 92% claims satisfaction rating and reputation as a...

Economical Insurance is one of Canada’s leading property and casualty insurance companies, but there’s really much more to us than that. Since our beginnings in 1871, we’ve been an organization that has imagined bigger and better things, inspiring us to take chances and think innovatively.

Because our customers are at the center of everything we do, we make one simple promise: We'll be there for them when they need us most. We’re proud of our 92% claims satisfaction rating and reputation as an insurance partner Canadians know they can count on to protect what matters most.

Our employees are the reason we’ve come as far as we have, and the reason we’ll go much further still. We focus on our customers first, we bring our best, and we’re stronger together.

Learn more

Salaries

Salary estimated from 188 employees, users, and past and present job advertisements on Indeed.

Rating overview

Rating is calculated based on 147 reviews and is evolving.

3.48 out of 5 stars.20193.36 out of 5 stars.20202.40 out of 5 stars.20213.50 out of 5 stars.20223.09 out of 5 stars.2023

Reviews

Law Clerk/Litigation Paralegal in Calgary, AB
on 24 August 2023
Productive workplace - very well managed
Very well managed and organized company - division of duties well defined as between litigation law clerk/paralegal and legal administrative assistant
Underwriter in Calgary, AB
on 21 July 2023
nice environment
fun place to work and helpful colleagues. great environment. nice workplace. many opportunity. full of room to grow. fun fun fun. nothing else than fun
Claims Representative in Canada
on 29 June 2023
Don't join claims
The new processes and push for better KPIs have taken a toll on a lot of people. Lots of people are getting fired or losing their morale and leaving the company. The workload for an adjuster is not manageable but they keep adding more and more work. Not to mention, they started micromanaging employees more. Fed up with this role and it's physically making me sick. Don't know if I can hold on much ...
CSR - Customer Service Representative in Kitchener, ON
on 28 June 2023
Decent company
Great for entry level or anyone starting out in insurance. Good benefits and Salary. The people are helpful and vFriendly. ITraining is provided too. Make sure to ask questions and learn the product
Customer Care Associate in Montreal, QC
on 24 June 2023
disappointment and lack of recognition
What is the best part of working at the company?The yearly bonus based on performanceWhat is the most stressful part about working at the company?Everything else, one never does enough and not always noticed by managementWhat is the work environment and culture like at the company?office environment, pretty quiet and too stern and serious as opposed to when I first startedWhat is a typica...

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Questions and answers

People have asked 30 questions about working at Economical Insurance. See the answers, explore popular topics, and discover unique insights from Economical Insurance employees.

Popular questions

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Interview insights

Insights from 89 Indeed users who have interviewed with Economical Insurance within the last 5 years.

Favourable experience
Interview is average
Process takes about two weeks

Interview questions

Why do you want to work at Economical? How do you prioritize work?

Why do you want to work at Eco...

Shared on 9 December 2021

Salary, Experience, various scenario type questions

Salary, Experience, various sc...

Shared on 4 October 2021

Common questions about Economical Insurance

Working at Economical Insurance

  • Underwriter3.3 out of 5 stars.
  • Claims Adjuster2.9 out of 5 stars.
  • Claims Representative2.6 out of 5 stars.
  • Claims Assistant3.6 out of 5 stars.
  • Assistant Underwriter3.7 out of 5 stars.
  • Adjuster3.7 out of 5 stars.

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