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CNA
2.8 of 5 119 reviews
www.cna.com Chicago, IL 5000+ Employees
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CNA Reviews

Updated May 11, 2013
All Employees Current Employees Only

2.8 119 reviews

                             

42% Approve of the CEO

CNA Chairman and CEO Tom Motamed

Tom Motamed

(55 ratings)

33% of employees recommend this company to a friend
119 employee reviews
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Current Employee – been working at CNA full-time for more than 10 years

Pros100+ year old company. Many employees with 20+ year tenures.

ConsFanatic recent emphasis on cost cutting.

Advice to Senior ManagementCost cutting is commendable and expected. Innovation accrues more substantial benefits. It is time for some new ideas.

No, I would not recommend this company to a friend

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Overland Park, KS (US)

Former Employee – worked at CNA full-time for more than 7 years

ProsCompetitive salary and good benefits if you negotiate well enough

Consstingy annual increases, they feel the annual bonus is acceptable as part of your base pay

Advice to Senior Managementgive more than cost of living increases

No, I would not recommend this company to a friend

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1 person found this helpful  

Chicago, IL (US)

Former Employee – worked at CNA full-time for less than a year

ProsPay, and decent benefits for employees.

ConsManagement does not cultivate or develop fresh employees. The culture is extremely cut-throat and polarized between tenured employees and new-comers. There is no effort to promote teamwork and a collaborative environment.

Advice to Senior ManagementSenior management needs to be either re-trained or removed.

No, I would not recommend this company to a friend

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Chicago, IL (US)

Former Employee – worked at CNA full-time for more than 7 years

ProsGood employee benefits, Health & Welfare, 401k matching contributions, etc... Downtown Chicago office located within walking distance from both CTA and Metra trains.

ConsCNA today is only focused on the Property & Casualty commercial underwriting market. (It used to have a more diversified product portfolio that offered different areas of career growth and development.) Now, all other product lines are being sold or being placed into "run-off". And there is no concern for any impact to your career or employment status.

New CEO is a former Chubb executive, therefore, all business focus is to compete in the P&C marketplace with growth, revenue, and profitability. Managers lend you no support or career development if you are employed in any capacity outside of this company focus.

Advice to Senior ManagementToo late, you already upset all employees in your non-core operations.

No, I would not recommend this company to a friend

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Chicago, IL (US)

Former Employee – worked at CNA full-time for more than 3 years

ProsGood pay and decent benefits

ConsEverything else imaginable about CNA sucks. I hate to think a company as profitable and successful as Loews owns this place. Any employee that has more than ten years there should be fired. I am a firm believer in losing all of the senior staff and starting over. The company has gotten progressively worse over time. The financials sucks and the management comparable to the Golden Arches. I'm glad I got out when I did and left no trace of this place on me. Turns out the reputation of post-CNA employees nose-dives elsewhere. I almost got laughed at.

Advice to Senior ManagementIf you've been there for more then 10 years - please leave. You're ruining this company and the people who come in fresh.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Former Employee – worked at CNA

ProsThe opportunity to learn new skills. Ability to work from home.

ConsIt is a disadvantage having managers that don't understand the tools their managing. Also, my team didn't have a manager for many months and it didn't seem to be a priority to resolve.

Advice to Senior ManagementImprove communication. Respect your employees. Plan projects with realistic dates. The expectation should not be to make the low level employees work overttime as a means to make unrealistic dates.

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Current Employee – been working at CNA

ProsGreat for families due to telecommute policy, flexible schedules, and generous leave policy for vacation and holidays. Company 401k matching and profit sharing really adds up.

ConsToo many managers/VP's, too much work expected from lower level employees, no room for improvement as managers cling to their positions.

Advice to Senior ManagementUpdate the archaic computer systems, cut the fat from middle management, reward employees or at least pay market price for similar jobs.

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Former Employee – worked at CNA

ProsGood pay and very good benefits for the average person. Excellent pay for the truly superior party if you can prove it.

ConsAnti-teamwork bonus and evaluation plans are the norm as those rated best are to get the largest bonuses and compensation increases. The ones rated best are not the team players but those in it to achieve for themselves only.

Truly superior results are not recognized if you are part of corporate function while supporting a specific business while the rest of the corporate function supports corporate only.

Advice to Senior ManagementCurrent CEO would be brilliant if the industry was in a hard market but strategy of hiring high priced good or great talent while in a soft market leads to reduced premium leading to layoffs throughout organization to handle expense ratio. Strategies based on market conditions need to be developed and that is not happening. At some point you reduce too much and you cannot grow once market is back to hard again.

No, I would not recommend this company to a friend

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Chicago, IL (US)

Former Employee – worked at CNA

ProsCNA is a strong believer in hiring highly skilled employees and providing on-going training. Compensation is fair. Employee benefits are comparable. Excellent 401K plan.

ConsCNA is a company that does a lot of rework. Numerous management changes have caused upset and chaos while new work plans are implemented. Work plans have proven to cause new problems and it becomes a vicious cycle. In the path of these new management work plans are layoffs. I have been laid off twice and re-hired once during another bout of layoffs. Although the goal is to save money for the company, one would have to rationalize that this is costly and Lowes, stockholders and employees are impacted.

Advice to Senior ManagementTake a look at CNA's past history and realize how many times it has been rewritten, then focus on the cause of this constant rework.

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
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Current Employee – been working at CNA

ProsProfessional, highly educated, staff
Management works well with their employees.
Work/Life balance is respected.
Great benefits, good salaries, highly competent human resource division

Consflat job growth. Hard to move up into management areas

Advice to Senior ManagementWork a little more closely with your employees. Listen to their concerns and address them in a timely fashion

Yes, I would recommend this company to a friend

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