Lemonade Insurance reviews

- This isn’t per se a negative, more of a “it won’t work for everyone” kind of thing. Since it’s a new and rapidly growing company, there is frequent change in structure, policies, procedures, etc. There is a lot of movement between departments, and a lot of splitting of teams in to smaller teams as they grow. Fairly standard at a start up, but it’s not for everyone. Can be stressful and intense. If you want a work place that will pretty much be the same a year from now, Lemonade may not be for you. - Need more diversity in upper level leadership. Though the company overall is pretty diverse (I do not know specific numbers, so this is just based on my person experience/observations), the highest leadership is still largely white and male. - No pay transparency. We do have pay bands, and I know my own salary is competitive for my position, but it would be great to have better visibility of the hat the pay bands are. This would help when negotiating raises or applying for internal job postings. When I got a promotion, I had to accept the job before knowing what my salary bump would be. Even middle management are not privy to salaries (my direct supervisor did not know my salary or the salary range of my pay band). This may be changing soon though due to some New York regulation changes about pay transparency.

Claims has poor to moderate work life balance (like every claims department for any insurance company). I am experience very good work life balance in underwriting. Lacks competitive pay for experienced talent. Lemonade isn’t perfect but they are by far the best company I have ever worked for…. By miles!