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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
5.0
Nov 3, 2023
Recommend
CEO approval
Business Outlook

Pros

Love lemonade! Great environment, great managers

Cons

None, none, nothing. No cons

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.

5.0
Sep 13, 2023
Recommend
CEO approval
Business Outlook

Pros

- Fast-Paced Environment: Lemonade ensures there’s always a new challenge ahead, making every day stimulating. - Clear Growth Paths: With dedication and initiative, there's ample room to advance and build essential skills - Variety in Work: Building cross-functional relationships and proactively enaging with other teams opens doors to a wide range of intriguing projects, promoting continuous learning. Innovation-Centric: Leveraging tech to its fullest, Lemonade is consistently pushing boundaries in the insurtech space. Perfect for the Proactive: Ambitious professionals can gain diverse experience at Lemonade much more quickly than at larger, more bureaucratic organizations

Cons

- Demanding Atmosphere: The fast-paced nature translates to high expectations, which can be intense for some. - Adaptable Roles: While dynamic, roles can shift often, requiring adaptability from employees. - Time Zone Considerations: Collaborating with a global team means occasionally, working outside of traditional hours. - Importance of building relationships: Remote newcomers might find it challenging initially to foster essential internal relationships.

Viewing 145 - 147 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.