MEMIC reviews

4.2

74% would recommend to a friend

(99 total reviews)
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Michael Bourque

97% approve of CEO

89% positive business outlook

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
4.0
May 23, 2021

Underwriter

Recommend
CEO approval
Business Outlook

Pros

Good environment Work from home

Cons

Constant changes Uncompetitive pay Small Lack of communication

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MEMIC Response
5y
Thank you for sharing your concerns. While we love to read the good things about MEMIC, hearing employee concerns is also important to us. MEMIC continues to grow and as such there is bound to be change. We are constantly evaluating our systems, procedures and pay to remain as competitive as possible. We encourage each other to be curious, and conscientious. When that happens, change is inevitable. As for our communication process, please reach out to your manager or the senior leadership team to share your concerns. Every organization needs change agents, so your feedback can help us to grow to be more responsive to employees and agency partners.
5.0
Feb 5, 2021
Recommend
CEO approval
Business Outlook

Pros

Good place to work in Maine

Cons

I have no cons currently

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MEMIC Response
5y
Thanks for taking the time to leave us a review, we all appreciate it!
5.0
Jan 25, 2021
Recommend
CEO approval
Business Outlook

Pros

Significant PTO time Company Culture Exciting opportunities

Cons

The health insurance isn’t great, but most companies have adopted the high deductible plans.

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MEMIC Response
5y
We’re happy to hear you think MEMIC is a great place to work! Health insurance costs are a challenge which is why we offer 3 high deductible health plans and 1 PPO plan. If employees select a high deductible plan, we offer a company match into their health savings account (HSA) to use toward medical expenses. The value of a health savings account is that money goes into the account without being taxed, earns tax-free interest and is not taxed when it is withdrawn for allowable expenses. In addition, unspent HSA balances can be rolled over year after year.
Viewing 82 - 84 of 99 Reviews

Glassdoor has 121 MEMIC reviews submitted anonymously by MEMIC employees. Read employee reviews and ratings on Glassdoor to decide if MEMIC is right for you.