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Mumby Insurance Brokers

Is this your company?

No. Hard Pass. - Insurance Broker Mumby Insurance Brokers Employee Review

1.0
Aug 23, 2018
Recommend
CEO approval
Business Outlook

Pros

Great Photocopier. Free Coffee. Free Parking. Met several really great people while working here.

Cons

From the first moment you walk into the office (not where you interviewed, the back, where everyone works), you will realize what a mistake you made in coming to work for Mumby Insurance. From the dark dingy office space, to the creepy “inspirational” sayings all over the walls. You will notice this organization has cameras watching you from every angle while you work and walk the halls. Mumby’s most important core value, according to Anthea Mumby, is “Always put the clients first” … except she won’t talk to clients. Have you ever heard of a small business owner unwilling to speak with a client - hopefully you never get an upset client…on that note, the number of employees coming and going from this organization is mind-boggling. Clients are always unhappy – how can they stay on top of customer service when they are constantly short staffed and training new employees? If you decide to ignore all the excellent reviews here, and join the Mumby Team, expect to be promised the world, but given breadcrumbs(if anything). Expect to be thrown into the job in the first week with little additional training, to an agitated and frustrated client base. Expect the owner to not be able to answer your questions – despite her lengthy history in the industry, she doesn’t know the answers to simple insurance questions. Expect to have your expectations unmet – their website indicates they have a weekly lunch – um no. Their website indicates they have monthly spin the wheel incentives – um, also no. They can paint a great picture, but there is no follow through, and they are unwilling to take any responsibility. From their perspective, the staff turnover is due to “not a good fit”, or illness, or other easily explainable situations – or the “staff tsunami”, all lies. The reason most of the last 10+ people have left is due entirely to the owner, but she can’t really say that to an incoming employee can she. Rather than step back or away from the organization she continues on, like a bull in a china shop. Her micromanaging controlling nature is evident almost immediately once you start your job. And finally, before taking this job, ask people in at least 3 different insurance organizations what they think about Mumby Insurance. I suspect you will find what I have - that people have a great deal to say, none of it positive. A reputation is there for a reason. If this review hasn't convinced you, good luck to you! As far as career opportunities, slim - though there is constant turnover so if you have your eye on someone's job....just wait a few weeks. Compensation and Benefits, they are at the low-end of brokers in the Kitchener-Waterloo area. The benefits are really not good, and very expensive. There is no RRSP/Pension Plan. There is lots of talk about incentives and all that, but honestly if you are like me, you will spend nearly all your time trying to calm down upset clients, no time to do the "extra's". Work/Life Balance, the workday is from 8:18am - 4:30pm with a 1 hour lunch, so pretty standard except the first 12 minutes of the day which is a waste of time. Senior Management - the owners. I think I covered them pretty good. Culture and Values. I'd suggest Mumby Insurance beats to death their culture and values with regular meetings on their vivid vision nonsense. The culture is toxic, people are stressed out, constantly sick, unhappy. Values are just not followed from the top-down. How can a person be passionate about customer service in a place like this?

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Mumby Insurance Brokers Response
7y
I recently completed my first 30 days as Chief Operating Officer at Mumby Insurance Brokers Inc., Waterloo Ontario. I am a licensed insurance broker. I accepted this position knowing that every business, whether large or small, encourages continuous improvement, innovation, and creativity from its employees as part of its everyday organizational nomenclature. From experience, I also know that every organization re-engineers, that there are always challenges to overcome, some old, some new, and recognize that no matter how large or small, how experienced or successful, ALL organizations require guidance, assistance and counsel from time to time as evidenced by the multibillion-dollar business improvement consulting industry. For an experienced COO, working with ownership, ensuring the right people are on board and sitting in the right seats, guiding, and mentoring employees, operational problem solving, injecting creativity, process smoothing, is both attractive and very exciting. But it wasn’t just those issues that excited me. I was speechless when Anthea Mumby asked if I had ever taken a KOLBE test. Indeed, I had, in another life, while a part time civilian instructor in the Ontario Police College “Leader Program” teaching Risk Assessment and Risk Management to emerging Police Leaders. (The Kolbe A Index measures a person's instinctive method of operation and identifies the ways they will be most productive) Police LEADERSHIP considered KOLBE “The GOLD STANDARD”. I was deeply impressed that a small business would be aware of KOLBE, let alone using it in their hiring practices. I was also deeply moved by Mumby’s commitment to Mission, Vision and Values and the RIBO Broker’s Code of Conduct. THESE DOCUMENTS TELL A STORY. They signify Mumby’s DNA describing WHO WE ARE and HOW WE DO BUSINESS. They are not NEGOTIABLE. In my public and private sector experience, I found that individuals who refuse to adopt or wilfully compromise an organization’s values, self-identify as OUTLIERS. They are unlikely to become team players, they require increased supervision, have low productivity, produce poor quality work, and more likely than not, become disgruntled, disillusioned, or both, and eventually uncover their own pathway out of the organization. My first thirty days have been very exciting to say the least. A large part of my time has been consumed listening to and developing relationships with our employees, utilizing their ideas to establish a pathway for change, assessing our culture, i.e. demonstrating mutual respect, building trust that builds teamwork. I audited our systems and production to establish a base line of current performance. I find we are doing a lot of things RIGHT. We know we have to do things RIGHT. Each time. Every time. No exceptions. We know where we wish to go. One of the highlights in the last 30 days is that Mumby Insurance Brokers has been awarded the Waterloo Chronicle People’s Choice PLATINUM AWARD – (INSURANCE AGENT). By listening, talking, and collaborating with each other, our team continues to learn how to work as a team. GREAT teams don’t start out great. They have to LEARN how to become GREAT. We have identified a number of specific areas we admittedly must improve upon. Closing that gap with continuous improvement is our collective mission. We know we must execute. I have also observed a high level of appreciation and respect between our TEAM as individuals and professionals. We all agree, nothing is achieved by “shooting inwards.” Honest and respectful feedback YES. Feedback outside these boundaries NO. Our audit results HAVE identified action items. In my experience, such results were expected and are normal as fresh eyes always identify opportunities for improvement and change. We will learn from our audit experience, live up to our values and keep improving, keep moving forward, and NEVER STOP TRYING TO BE QUALIFIED FOR OUR JOBS while providing our clients with superior customer service. Our action items have demanded a lot of extra effort from our TEAM whose response I can only describe as AMAZING. A big shout out to say THANK YOU. Their skill, their commitment to continuous improvement, our clients and company, their hard work and efforts speak volumes about their character and who they are as individuals and as professional expert insurance brokers. Our culture at Mumby is fluid and ever changing. Committed, honest, hardworking, value-based insurance professionals. We have no OUTLIERS. When the RIGHT EMPLOYEES ARE ON BOARD, TEAMS don’t need to be tightly managed or fired up; they are self-motivated by their inner drive to produce the best results and to be part of creating something great. Stay tuned.

Explore other reviews about Mumby Insurance Brokers

2.0
Sep 20, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There were team huddles to discuss goals and accomplishments of the week that I found was positive and encouraging. The salary is also competitive, reflective of industry standards. It's a more of a traditional brokerage rather than a call centre environment so you're not working long hours or stuck in a call at the end of the day.

Cons

This company is poorly managed. As an experienced insurance broker, do not work here. There are plenty of other brokerages that will provide you the skills you need to grow - you will not find that here. I found myself doing more work as a new broker than the experienced brokers that worked there as they simply did not have the skills to maintain service nor the drive to bring in sales due to lazy and inefficient management. Though the managers are skilled in marketing, they seem to be out of touch with the insurance industry. They have the technical skills but no longer have the client touch or adaptability to grow in today's industry. Despite management's optimism and encouragement, there are very few sales and no real initiative to make any changes. The positive review below that outlines that it's a great place to work if you're willing to learn is only applicable to CSR's with no foundation of brokering experience. If you are a new CSR to the insurance world, this company could be a stepping stone to something better but certainly nothing substantial for your career. The benefits were also so little that many of the employees opted out of the benefits and claimed under their spouse.

2
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Mumby Insurance Brokers Response
7y
My father started Mumby Insurance Brokers in 1975. He was a newcomer to Canada. He left a secure, well paid corporate position to start his own insurance brokerage with only a few weeks of income in the bank and 3 children under the age of 8. He possessed a compelling vision about how he could create value for his future clients. He was driven to succeed. His success required great commitment, courage, and confidence. I am very proud of his decision, and the work he did in the many years he owned this brokerage, prior to my purchasing it 20 years ago. I share many of his traits and values, the most important one being “always put clients first”. My partner and I have successfully owned and operated a growing profitable insurance brokerage for over 20 years. We have incurred bumps along the road as well as good times. No matter the genre, we work tirelessly to make sure “our clients came first.” Every day we practice the same commitment, courage, and confidence demonstrated by my father. Like my father and most entrepreneurs, we have a strong vision of how our company will continue to grow and succeed. By understanding our own strengths, capabilities and limitations, we seek to recruit team members who not only complement our vision and values, but who possess “the right professional credentials and aptitude” to both support and contribute to the betterment of our clients. We believe in and follow the RIBO Brokers Code of Conduct. While we use a number of assessment tools to help us select the right fit team members, we have admittedly overlooked these tools in a few past cases and hired without using them. We did this at our peril. We hired candidates who turned out to be “outliers” as we described in our previous post. Regrettably, these “outliers” continue to post negative and defamatory posts on Glass Door. We have been informed of their identities and efforts to use different email accounts to place multiple postings and circumvent Glass Door’s posting terms. Our information flow continues. We do not wish to pursue legal action but we are exploring this option. We remain deeply concerned that this kind of anonymous online bullying by nameless faceless individuals is contributing to alarming statistics such as those referenced in this article; https://thehustle.co/depression-among-entrepreneurs-is-an-epidemic-nobody-is-talking-about Team Mumby is very proud of our current team, and the work they perform. We wish the individuals who have posted on Glass Door good luck and the best in their careers moving forward.
4.0
May 28, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Mumby Insurance is all about the team. Whether you are a RIBO broker or a life insurance broker, or admin, you have the opportunity to learn and grow. They have positive meetings and encourage learning and development. There has been staff turnover, but in my experience it was due to a bad fit, health reasons, and in my case an excellent opportunity to pursue a new career. I worked hard, was devoted to the business and clients and was promoted 3 times within two years. Hard and dedicated workers are recognized and appreciated. Management handled issues when they were brought forward. In my experience, many issues were not brought to the management's attention, which caused frustration in the team, however they cannot fix something they don't know is broken. The team has been amazing and the comradmanship superb. Weekly training meetings included a provided lunch, and there are incentive bonuses for every position. I value my experiences with Mumby and wish them the best for the future.

Cons

My commute was very long.

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