Economical Insurance
Economical Insurance employees at a leadership summit

Recognized as one of Waterloo Area's Top Employers (2017)

Here are some of the reasons why Economical Insurance was selected as one of Waterloo Area's Top Employers (2017):

  • Economical Insurance provides a variety of financial rewards including signing bonuses for some employees, profit-sharing for all employees and referral bonuses as an incentive for employees to help recruit candidates in their network (up to $2,500)
  • Economical Insurance maintains an academic scholarship program to assist children of employees in the pursuit of post-secondary education (up to $2,000 per year)
  • In 2010, Economical Insurance launched a Women's Leadership Network to provide female employees with a formal networking community of practice to share best practices and engage in productive dialogue to solve business challenges
Economical Insurance employees

Highlights

Industry Direct Property and Casualty Insurance Carriers
Established in Canada 1871
Major Canadian hiring locations Kitchener ON, Toronto ON, London ON, Mississauga ON, Ottawa ON, Vancouver BC, Calgary AB, Edmonton AB, Montréal QC, Halifax NS, Waterloo ON
Full-time employees in Canada 2,165
Part-time employees in Canada 65
Average age of employees in Canada 41
Longest serving employee 43.8 years
Long-term savings defined-contribution (DC) pension, matching RSP
Alternative work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Outside survey period outside consultant surveys are held every 36 months
Employee performance reviews employees receive individual performance reviews every 12 months
In-house training initiatives in-house training, online training, leadership training, mentoring
Scope of charitable involvement local, national
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 2 paid days)

The Career Directory

Economical Insurance has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
Economical Insurance employee

Highlights for New Grads

Industry Direct Property and Casualty Insurance Carriers
Major Canadian hiring locations Kitchener ON, Toronto ON, London ON, Mississauga ON, Ottawa ON, Vancouver BC, Calgary AB, Edmonton AB, Montréal QC, Halifax NS, Waterloo ON
Full-time employees in Canada 2,165
Part-time employees in Canada 65
Student opportunities paid internships, summer jobs, co-op opportunities
Training subsidies for professional accreditation, online training, in-house training, mentoring, in-house career planning services, leadership training
Tuition subsidies (related to job) yes
Typical new grad positions Junior Actuarial Analyst, Junior Financial Analyst, Claims Assistant, Underwriting Assistant, Customer Service Representative, Operations Event Coordinator, Technical Support, Technical Analyst, Deskside Support
Starting salary $35K to $40K
Work perks health benefits for new employees, flexible work hours, telecommuting
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

Academic fields recruited

Recruits at these schools


Search all jobs from Economical Insurance Live search powered by Eluta.ca