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Lemonade Insurance

Is this your company?

Lemonade Insurance reviews

3.5

63% would recommend to a friend

(252 total reviews)
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Daniel Schreiber

76% approve of CEO

66% positive business outlook

Reviews by job title

252 reviews

Reviews about "Culture"

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1.0
Nov 1, 2023

egotistical upper management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

great people to work with and feel heard when upper management sucked and didn't listen to their employers

Cons

1. pay for living in NYC was terrible 2. manipulative upper management 3. favoritism 4. not safe work environment for people of color -- instances of not considering POC for upward movement in the company

3.0
Oct 13, 2023

Some positives, some negatives

Recommend
CEO approval
Business Outlook

Pros

Work from home, great benefits, salary is better than others in the industry, interesting work

Cons

They pride themselves on being a fast moving company, but there are constant changes to the point where you literally have to relearn your job every week. It is very difficult and stressful to spend time learning different processes only to throw it away and start over countless times. This causes a lot of confusion and the inconsistency causes frustration among staff members. They have a knee jerk reaction to anything that needs changing without fully thinking through things or asking the people who actually process the claims their opinion. You also have to use so many different apps and softwares to do you job, which are constantly malfunctioning and glitching. They used to be much more open to discussion and feedback when I first started, but after changing in leadership, I have seen first hand the backlash that occurs if you professionally disagree or have suggestions. It turns into a gaslighting situation where they make you end up feeling like it’s your problem or you are the one at fault. Which is mostly a problem because they preach transparency and that they truly care about your thoughts and opinions. They really want you to just shut up and go along with everything, which is what most people have been doing out of fear of retaliation. The lack of pay transparency is a huge issue and has been brought up countless times. Nothing has changed here. We never know if and when we may be getting a raise. The leads do not know either. In a workplace this feels unacceptable. There should be goals and standards in place. My biggest issue with this company is their lack of flexibility of working days and hours, despite being a primarily remote company. They will deny an ADA for any reason and their reasonable accommodation is a demotion to another job. Mental and physical health have been declining due to this. They act like they care about you but they truly do not. Which I guess is typical corporate behavior, but very discouraging and invalidating. Especially for people with chronic health and mental conditions. I do find my job interesting, the pay is decent, I enjoy working from home, and the benefits are good. But if I found a similar job with better working hours and flexibility, I would prefer this.

4.0
Oct 10, 2023
Recommend
CEO approval
Business Outlook

Pros

- Great culture and company values; little politics. - Very smart, driven, creative people. Company has attracted great talent and still manages to. - Generally solid and empathetic senior leadership and middle management - Better balance between Product/Tech side of business and Insurance side than previous. Evangelism about remaking Insurance industry remains but it is reasonable. - Long-term strategy and vision for the company still makes sense if we can fix profitability in the near term - Company does invest in people- many move from CX/CLX to Product/Corporate roles - Company no longer a startup, but still small compared to the big insurers. Individual work is still very impactful on the shape of the product and company results. - Get exposed to good tech people. Some cutting edge tech, some big ideas that haven't materialized. It's still very interesting to work here. - Diversity-wise the company is pretty good

Cons

- Not a profitable business, but improving. Stock is in the toilet. In some ways good as we are not a hype stock anymore and can focus on the fundamentals. - Still digging out from some decisions made early in the company's life. - Hours can be long depending on the role, though I think we are mostly out of this startup phase and most people can work their 40 hours. - There are co-CEOs. Neither with insurance backgrounds originally. One really gets it and is very solid. One I'm not so sure about. He mostly stays out of the way though. - Prioritization process between Product and Insurance sides still needs to improve. - Comp is fine in my area, I can't comment across the company. I could probably make more elsewhere but not much more, and the jobs would be crappier and less interesting. - Stock based compensation is still used a lot. It's not really buying a lottery ticket at this point, it should be seen as investing in a cheap stock near its historical bottom. As the company moves towards profitability, it will go up, but it ain't hitting $160 again anytime soon.

Viewing 58 - 60 of 252 Reviews

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