Suncorp Group Reviews

Updated 12 May 2021

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3.8
72%
Recommend to a Friend
91%
Approve of CEO
Suncorp Group CEO Steve Johnston (no image)
Steve Johnston
68 Ratings
Pros
  • "Work life balance for all team members(in 114 reviews)

  • "Flexible Working, vast potential to shift roles etc(in 83 reviews)

  • Cons
  • "Salary not competitive enough and career progression restricted(in 18 reviews)

  • "Middle management do not seem to want the best for the company(in 16 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee, more than 1 year

      Great company to work for

      22 Mar 2021 - Platform Engineer in Sydney
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent work life balance Decent compensation package Work on the latest technology stack

      Cons

      Very frequent organizational changes and high chances of being made redundant

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    2. 4.0
      Current Employee, more than 5 years

      Good place to work

      30 Apr 2021 - Procurement Manager in Brisbane
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good culture, generally good leadership, flexibility, good people

      Cons

      Annual restructures are disruptive personally and professionally. Benefits aren't great and Parental leave is not competitive in market. Pay is middle to low end of market.

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    3. 4.0
      Current Employee

      Good company

      8 May 2021 - Anonymous Employee in Brisbane
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible working arrangement ; Great culture

      Cons

      Neglible salary increment; poor bonus payout

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    4. 2.0
      Former Employee, more than 8 years

      Declining Engagement Score says it all

      7 May 2021 - Portfolio Analyst in Sydney
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Workload considered less than Major Banks

      Cons

      Constant restructuring, no strategic direction and siloed business units - left hand doesn't know what the right hand is doing. Credit policies not worth referencing as credit make up what they require as they go anyway.

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    5. 4.0
      Former Employee, more than 5 years

      Good Company to work at

      6 May 2021 - Actuarial Analyst in Brisbane
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Payment is good, culture and work-life balance, some extra benefit

      Cons

      not much, left for better opportunity

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    6. 2.0
      Current Employee, more than 10 years

      Lost its Way

      27 Jan 2021 - Manager - Risk Management 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexibility. Pay is within average market rate for similar companies. Majority of Staff support good culture and are here for the customer. Generally, a Happy Place

      Cons

      Company has lost its way and is having an identity crisis. SLT have ideas of what we want to be but no idea how to get there. Not since the Snowball years has the company had a clear purpose that engaged staff to be a Great Insurer and a Great Bank with a clear roadmap. The strategy is full of ideas but no clear path to guide staff on the how. Too many projects that fall apart or fail and add no value. The distance between SLT and staff is greater than it ever was. Newer SLT here for the gig then onto the next best thing and don’t seem to have a connection with staff. Some great leaders and great staff that support a positive culture and doing what is best for the customer, however not always mirrored at higher levels

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      1 person found this review helpful
    7. 3.0
      Current Employee, more than 5 years

      Good Culture/Non Competitive Pay

      30 Mar 2021 - Senior Advisor in Melbourne
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture is good. Good middle and upper middle management Progress upwards possible Lots of high tenured staff around

      Cons

      Pay is really not competitive compared to others in the industry or even similar roles in different industries Too much change occuring over last few years - business operations is a project that never ends, not giving the time for those in front line to actually do what they are supposed to Burn outs occuring all over the business Bonus structure is not worth mentioning No pay increases since COVID for L4's and above Company has become its shareholders piggy bank

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    8. 2.0
      Current Employee, more than 3 years

      Lack of Career Development

      20 Feb 2021 - Anonymous Employee in Brisbane
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Just a big company to be added in your resume. The market values that you have worked there.

      Cons

      Lack of Career development. They have a tool to keep you “motivated” and working towards their goals, but lack of support to make you grow, and compensate by your growth - even worse, salaries are out of date comparing to the market. I’ve just opened to new opportunities recently and noticed the huge gap to what the market is offering. I’ve heard so many employees saying that you need to leave suncorp to get a pay raise, and now I understand it The company loses great talent by not supporting or valuing them. Women are hired to grow their numbers for a gender equality numbers, but later women are the highest number of employee made refunds - where were their career development?

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      2 people found this review helpful
    9. 4.0
      Current Employee, less than 1 year

      Good company, poor pay

      28 Apr 2021 - Claims Officer in Sydney
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Supportive culture from team and managers

      Cons

      Pay is not competitive in comparison to other company's (15K less than industry role)

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    10. 4.0
      Current Employee, more than 1 year

      Company with opportunities

      1 May 2021 - Customer Service Representative in Brisbane
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good opportunities for movement internally.

      Cons

      Pay low compared to industry standards.

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    Viewing 1 - 10 of 652 Reviews

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