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Lemonade Insurance

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Lemonade Insurance reviews

3.5

61% would recommend to a friend

(631 total reviews)
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Daniel Schreiber

75% approve of CEO

64% positive business outlook

Lemonade Insurance has an employee rating of 3.5 out of 5 stars, based on 631 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lemonade Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

631 reviews
2.0
Feb 21, 2024
Recommend
CEO approval
Business Outlook

Pros

There are some truly kind people that work in the claims department and up until 6ish months ago the benefits were unbeatable.

Cons

In a phrase: lack of communication. The company starts you off slowly and really eases you into handling claims with the horrendous system lemonade uses. However, once you are in the deep end you will be drowning until you are put on a CA and are ultimately fired, take a medical leave of absence, or just straight up quit. In the time I worked at lemonade I knew of at least a dozen people who had to take a medical leave of absence to focus on their mental health, myself included. This is all made worse by the fact that the primary frustration of the job is the way claims are being handled changes week over week, along with, our job descriptions. During the hiring that took place from 2018-2021 all claims adjusters were promised that the job would not be like a call-center. This stopped being true quite early on in the pandemic when Lemonade decided to terminate the employees that helped assist for incoming calls. More on the constant changes to the working environment: at least once every 3 or so months the company will re-analyze the legal language of its policy so that a denial or approval can instantly be changed. The system we used to handle claims was an absolute disaster and would crash at least once a week which would result in some less than stellar phone calls with customers looking for a resolution to their claim. This all pales in comparison to the rampant favoritism that is offered to both certain employees and customers. If you make a big enough stink as a customer and have a big enough social media following, lemonade will bend to your every whim to save face, I witnessed this occur on numerous occasions while working there. Managers will also purposefully hold you back with the claim of "you aren't prepared for this position" and turn around and offer it to someone with significantly less experience in insurance and at the company, but since that person is popular and drinks the proverbial lemonade their upward progression is only limited by their own imagination. Only been a customer service rep for 6 months and want to work in underwriting? Do enough brown-nosing and the job is yours. Outside of the abhorrent working conditions there is also a very, very serious issue with how the company is being managed by the CEO's (yes, there's two of them). A bonus for being hired at lemonade was large number of shares of stock that accrued over 4 years. The amount of stock promised to new employees is decided haphazardly with some being promised 1000, others 500 and some 5,000. There is only 1 small problem, the CEO (Daniel Schreiber) Dumped all of his stock roughly 6 months after the company IPO'd and peaked at a share price of 163.93. All of this information is public knowledge, but there is a direct correlation between lemonades stock value and the dumps Daniel Schreiber executed. Coincidentally, overall management throughout the company began to suffer more and more once Daniel literally and figuratively checked out. This company amounts to nothing more than a smudge on your resume and a guaranteed need for a therapist or a regular visit to a rage room.

1.0
Feb 10, 2024

Not the same company

Recommend
CEO approval
Business Outlook

Pros

20 days PTO Strictly WFH

Cons

While a start up company does constantly change, Lemonade has changed for the worse. They preach how generous and thoughtful they are to policyholders and share holders, but they treat their employees terribly. Discrimination is rampant in all of the departments, including but not limited to racial, gender and disability. However, they will only meet with you via Zoom and will not put anything in writing. The company must know this is happening and supports it since in the employee handbook it states that nobody is allowed to record meetings, and doing so will result in termination. If you attempt to get anything in writing, they will just tell you repeatedly that it’s a Zoom conversation. There is no growth within the company, and they have done an excellent job eliminating roles that were once a stepping stone in advancing your career. There is no accountability for mistakes unless you’re a top performer in your department, which they will use the smallest things to make a career or salary advancement harder. If you work on a sub par level, you’ll likely move up and be well compensated. If you go above and beyond in your role, you will still make less than your peers that do the daily bare minimum.

2.0
Aug 21, 2022

No thanks- Lemons are bitter

Recommend
CEO approval
Business Outlook

Pros

Laid back culture Unlimited sick time Free or low cost health care Its a cool place to work if you are single, no kids, and can afford to make the same wack wages for 2 years

Cons

Low wages- no raises for two years, management will try to brain wash you into believing that you are being paid fairly but you really aren't. Especially since Lemonade gives no bonus' or raises for two years. Giving stickers, candy and having liquor at events arent fair trade offs. I was employed to do one specific job in auto now im working customer service and pet. They fire/laid off a bunch of people over 50 and now they are using "us" to pick up the slack. Im over it and looking for better elsewhere. Lack of transparency, claims dept is a hot mess, lawsuits waiting to happen. There is no real promotion within. There really shouldnt be so many loop holes to move within the company. It seems that managers get promoted fairly quickly without having to be with the company for a year.(I see you) They throw mixers or parties but only for employees. Cant bring a spouse or significant other to events.

Viewing 55 - 57 of 631 Reviews

Glassdoor has 669 Lemonade Insurance reviews submitted anonymously by Lemonade Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Lemonade Insurance is right for you.