Does MEMIC pay their employees well?

According to anonymously submitted Glassdoor reviews, MEMIC employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at MEMIC. This rating has improved by 2% over the last 12 months.

How satisfied are employees working at MEMIC?

74% of MEMIC employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated MEMIC 4.3 out of 5 for work life balance, 4.4 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at MEMIC?

Claims Specialist (6) , Claims Adjuster (4) , Intern (4) , Assistant (2) , Associate (2) , Claim Associate (2) , Claims (2) , Claims Assistant (2) , Claims Associate (2) , Claims Specialist II (2) , Compensation Specialist (2) , Compliance Analyst (2) , Customer Service Representative (2) , Director (2) , Finance Intern (2)

What are the pros of working at MEMIC according to real employee reviews?

"Great Benefits and PTO" ((in 15 reviews)); "great people to work with" ((in 13 reviews)); "Remote Work Environment, Decent Pay, Vehicle provided, Realistic & attainable goals, Annual bonus if one hits goals" ((in 8 reviews)); "The culture at MEMIC is great." ((in 5 reviews)); "Great work life balance and people" ((in 5 reviews))

What are the cons of working at MEMIC according to real employee reviews?

"Claims management is not sympathetic to injured workers." ((in 3 reviews)); "Low Salary is the con" ((in 3 reviews))

What are the top reviewed MEMIC locations?

Portland , Tampa , Albany , Manchester , Hartford , Philadelphia

MEMIC reviews

4.2

74% would recommend to a friend

(99 total reviews)

Michael Bourque

97% approve of CEO

89% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

MEMIC has an employee rating of 4.2 out of 5 stars, based on 99 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The MEMIC 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

99 reviews

5.0

Oct 21, 2021

Solid company

Compliance analyst

Recommend

CEO approval

Business Outlook

Pros

Great work life balance and people

Cons

Lower end of salary spectrum, somewhat stagnant career opportunities

MEMIC Response

4y

Thanks so much for your feedback. It’s always welcome. We’re glad you find the work-life balance works for you. As for your career and compensation, please chat with your supervisor or HR Business Partner about how you can continue to develop your skills for advancement and compensation. Also, please know that we recently made compensation adjustments for all the positions that needed attention as we want to remain a great place to work and build a career.

4.0

Sep 9, 2021

Great place to work

Claims specialist

Recommend

CEO approval

Business Outlook

Pros

- Generous PTO - Great location in Portland, ME - Flexible

Cons

- Large caseloads - Upper management doesn't have the best communication

MEMIC Response

4y

Thank you for taking the time to write a review. We agree! MEMIC offers a fantastic work environment and our headquarters in downtown Portland is unbeatable. We're sorry you've decided to leave MEMIC. Working as a Claims Specialist can be challenging, but it can also be rewarding. Our dedicated claims handling approach ensures that policyholders are assigned a claim management team for all their claims. With caseloads far below the industry average, we’re able to give each injured worker more time and attention, providing them with a level of customer service that very few other carriers can provide. The senior management is taking steps to maintain transparency and openness throughout the pandemic. Every day, we strive to improve.

5.0

Aug 12, 2021

best company i have ever worked for

Compliance analyst

Recommend

CEO approval

Business Outlook

Pros

good people and company overall

Cons

not many to be honest

MEMIC Response

4y

Thank you for taking the time to share! We are so excited to hear that your experience has been so positive. We’re happy to have you on the MEMIC team.

Viewing 76 - 78 of 99 Reviews

Top companies for "Compensation and Benefits" near you

Liberty Mutual Insurance

3.8★Compensation & Benefits

Progressive Insurance

3.9★Compensation & Benefits

USAA

3.8★Compensation & Benefits

Travelers

4.2★Compensation & Benefits

Jobs at MEMIC

Claim Specialist II or III (NH & VT)

Claim Specialist I - IV (New York WC Claims)

Claim Specialist I or II (Pennsylvania WC Claims)

Remote

View job

Director, Managed Care Services and Vendor Management

MEMIC

MEMIC reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Solid company

Great place to work

best company i have ever worked for

Top companies for "Compensation and Benefits" near you

Jobs at MEMIC

MEMIC reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Company ratings over time

Top companies for "Compensation and Benefits" near you

MEMIC reviews FAQs

Jobs at MEMIC