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G

Working at GEICO

Zippia Score 4.1

Overview

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GEICO Overview

Industry
Insurance
Revenue
$25.5B
Headquarters
Employees
40,000
Founded In
1936
Website
Organization Type
Private
CEO
Todd Combs
Social Media

Geico is an insurance company focusing on auto, homeowners, renters, and various policies. Founded in 1936, the company has grown to become a prominent provider in the industry under the leadership of CEO Todd Combs. Geico's diverse range of products includes coverage for autos, homeowners, renters, condos, boats, and RVs, catering to a wide variety of customer needs.

Acquired by Berkshire Hathaway in 1996, Geico's commitment to affordable insurance solutions is supported by the ease of use offered through their mobile application. Users can make payments, report claims, and chat with insurance agents all within the app. Geico is headquartered in Maryland and employs a diverse workforce of 40,000 professionals who contribute to an impressive annual revenue of $25.5 billion. With this diversity and revenue, Geico continues to thrive as an industry leader.

GEICO's Mission Statement

GEICO's seven operating principles help create a workplace in which their associates can thrive. 1. Respect, support and provide opportunity for all associates. 2. Be fanatics for outstanding customer service. 3. Be the low-cost provider. 4. Operate with uncompromising integrity. 5. Maintain a disciplined balance sheet. 6. Make an underwriting profit while achieving optimum growth. 7. Invest for total return.

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2.8/5

GEICO employee reviews

Based on 20 ratings

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Job openings at GEICO
1,044 Positions
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Average salary at GEICO
$44,417 yearly
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GEICO employee reviews

GEICO employee reviews
2.8/5

Based On 20 Ratings

Work At GEICO? Share your experience.
Employee Reviews
profile
1.0
A zippia user wrote a review on May 2024
Pros of working at GEICO

The pay becomes well if you stay long enough.

Cons of working at GEICO

There are too many things to list. Just do not work here if you want to enjoy your life. If you are a fan of high stress, no support, ever changing goals and requirements, PTSD, hating your life, hating other people then this is for you. Todd as a CEO is terrible, he views all employees as even less than a number on a spreadsheet. He is obsessed with making one more dollar and will do anything to do it. Your job is never safe.

GEICO Benefits

none

What do you like best about GEICO's CEO and the leadership team?

Absolutely nothing. If there was an award for a CEO and leadership team that cared the least about the employees they would win.

How would you improve GEICO's culture?

Step in a time machine and go back before todd became CEO. Some how get in the ear of tony nicely and convince him to not retire.

How did you prepare for the GEICO interview?

I interviewed a long time ago and i believe everything has changed

How does your compensation at GEICO compare to the industry average?

about average

What's the diversity at GEICO like?

hard to tell when staff is constantly being fired or quitting

What brings you the most joy at GEICO?

The day that i was able to finally put in my notice to quit

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1.0
A zippia user wrote a review on Dec 2023
Pros of working at GEICO

I was not involved with the festivities they provide but the company seemed to fear older people and shunned them and did not have the patience when speaking to older (Senior aged) customers nor do they have anyone in the departments over the age of 45 in the Poway Ca. office and they seem to play on company time, and being of senior citizen age I was shunned and ignored and when asked for assistance it seemed to be a problem for a couple of the instructors and made me feel old and inadequate

Cons of working at GEICO

If you are young and identify as part of the LBGQT group, they are willing to hire you because you are the fashion of the month, but if you are straight and white you will fit in especially if you are a cat lover and it's always about you. Most managers have no clue what leadership is and they don't care if you have problems or you are feeling singled out and discriminated against. They will say "Aww I am sorry you feel this way" and your complaint is invalid to them.

GEICO Benefits

They have the same as others they don't give you ample time to train and they start your benefits on day one and before you finish filling out the forms, they will start taking the money out of your check before you have finalized your choices.

What do you like best about GEICO's CEO and the leadership team?

He never made an appearance.

How would you improve GEICO's culture?

By hiring people with leadership backgrounds that understand the customer's needs and train the CSR to be less assumptive and more assistive to the needs. To provide confidence in training and allow dedicated training employees to be given equal training. The reps should be broke down in by zip codes to receive calls that will come from West Central and East coast. The reps will work accordingly to the time zones, and will need to only know the laws to the states their assigned. To not assign a script for the reps in which they are to ask at the end of a call "My goal was to provide you excellent customer service today, did I provide that for you?" This is really an odd thing to ask a customer after you tell them their rates have gone up and you can't do anything to change it.

How did you prepare for the GEICO interview?

I was myself but I was hired as a token old person they set me up to fail on purpose. They never intended to keep me on. I looked good on paper.

What brings you the most joy at GEICO?

Not one thing since I was told before my interview, that they provide handicap parking and I am not handicapped, she assumed I was handicapped because of my age.

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1.0
A zippia user wrote a review on Jun 2023
Pros of working at GEICO

None

Cons of working at GEICO

Negative work culture. Uncomfortable chairs - non ergonomic

GEICO Benefits

Location and cafeteria

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4.0
A zippia user wrote a review on May 2023
Pros of working at GEICO

Management in Jacksonville Staff Counsel is amazing, but I understand that senior management is pretty out of touch.

Cons of working at GEICO

Feels like the Pay is lowest in the industry.

GEICO Benefits

Benefits are great but last two years there has been no profit sharing and new CEO has changed a lot of things. Only time will tell. Industry as a whole is crazy right now.

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3.0
A zippia user wrote a review on Apr 2023
Pros of working at GEICO

Schedules available

Cons of working at GEICO

Repetition of the phones, and dealing with angry policy holders

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1.0
A zippia user wrote a review on Mar 2023
Pros of working at GEICO

I met some awesome humans in my time at the company, from the top to the bottom.

Cons of working at GEICO

I worked for this company for almost 2 decades. Every aspect of the company deteriorated including pay, benefits, career advancement, trust in management, quality of the tools provided to do our jobs, morale, communication from home office to customer-facing associates and every other metric you could name. I used to be proud to work for GEICO. I left embarrassed to represent the company and frustrated with every single aspect of the job.

GEICO Benefits

None at the end. Absolutely nothing.

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5.0
A zippia user wrote a review on Jan 2022
Pros of working at GEICO

Geico is very well established. Everyone has heard of this insurance company.

Cons of working at GEICO

There are so few locations that commuting can be a chanllenge.

GEICO Benefits

The popularity of the company.

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4.0
A zippia user wrote a review on Apr 2021
Pros of working at GEICO

Atmosphere, promotes within, and close to home

Cons of working at GEICO

Workload is too heavy based on the pay

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4.0
A zippia user wrote a review on Apr 2021
Pros of working at GEICO

Working at geico I received health care and 401k Benefits

Cons of working at GEICO

What I didnt like working at geico was the Scheduling. Unfortunately there had set hours that conflicted with my child’s medical.

GEICO Benefits

One of the best perks and benefits working for geico was the annual Profit sharing.

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3.0
A zippia user wrote a review on Mar 2021
Pros of working at GEICO

People I work with are not bad

Cons of working at GEICO

Management is not fair in the promotion process

GEICO Benefits

Profit sharing

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The team at GEICO

  • The founders of GEICO are Leo Goodwin Sr. and Lillian Goodwin.
  • The key people at GEICO are Todd Combs, Leo Goodwin Sr. and Lillian Goodwin.
Key People
T
Todd Combs
L
Leo Goodwin Sr.
L
Lillian Goodwin

GEICO Rankings

GEICO is ranked #3 on the Best Insurance Companies to Work For in Maryland list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

GEICO salaries

7.0
Salary Score
The average a GEICO salary in the United States is $44,417 per year. GEICO employees in the top 10 percent can make over $74,000 per year, while GEICO employees at the bottom 10 percent earn less than $26,000 per year.
Average GEICO Salary
$44,417
yearly
$21.35 hourly
Updated March 14, 2024

And if you're looking for a job, here are the top jobs GEICO is hiring right now:

  1. Senior Systems Engineer
  2. Java/J2ee Developer
  3. NET Developer
  4. Software Engineer
  5. Senior Programmer Analyst

Rate the fairness of GEICO's compensation policies.

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GEICO diversity

9.8
Diversity Score
We calculated GEICO’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of GEICO’s workforce.
GEICO diversity summary. Zippia estimates GEICO's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated GEICO's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of GEICO's workforce.
  • GEICO has 40,000 employees.
  • 60% of GEICO employees are women, while 40% are men.
  • The most common ethnicity at GEICO is White (57%).
  • 16% of GEICO employees are Black or African American.
  • 14% of GEICO employees are Hispanic or Latino.
  • The average employee at GEICO makes $44,417 per year.
  • GEICO employees are most likely to be members of the democratic party.
  • Employees at GEICO stay with the company for 4.8 years on average.
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GEICO Office Locations

GEICO is headquartered in Chevy Chase, MD

Biggest GEICO Locations

Rank
ascdesc
City
ascdesc
Job Count
ascdesc
Avg. Salary
ascdesc
1New York, NY17$49,987
2Austin, TX12$43,486
3Chicago, IL11$44,258
4Houston, TX8$43,266
5Philadelphia, PA7$44,027
6Los Angeles, CA5$48,823
7San Jose, CA5$49,096
8San Antonio, TX4$43,766
9Phoenix, AZ3$43,027
10Dallas, TX3$42,785

Videos About Working At GEICO

What It's Like Working in Claims at GEICO
Working For Geico
GEICO Careers | Working In Claims
Being a GEICO Local Agent
GEICO Careers: Leadership Programs
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Being an Auto Damage Adjuster at GEICO

GEICO Financial Performance

9.8
Performance Score

Highest paying GEICO competitors

Compare GEICO salaries to competitors, including Esurance, The Travelers Companies, and USAA. Employees at Esurance earn the highest average yearly salary of $66,733. The salaries at The Travelers Companies average $66,351 per year, and the salaries at USAA come in at $59,089 per year.

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GEICO FAQs

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Updated March 14, 2024

Zippia gives an in-depth look into the details of GEICO, including salaries, political affiliations, employee data, and more, in order to inform job seekers about GEICO. The employee data is based on information from people who have self-reported their past or current employments at GEICO. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by GEICO. The data presented on this page does not represent the view of GEICO and its employees or that of Zippia.

GEICO may also be known as or be related to GEICO, GEICO Corporation, GEICO Insurance Agency LLC, Geico and Government Employees Insurance Company.