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 401k plan." ((in 13 reviews)); "great people to work with" ((in 9 reviews)); "Pay is competitive thanks to HR market analysis and subsequent adjustments." ((in 7 reviews)); "The culture at MEMIC is great." ((in 6 reviews)); "Great work life balance and people" ((in 5 reviews))

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

"Low Salary is the con" ((in 4 reviews)); "Claims management is not sympathetic to injured workers." ((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 category

4.4

Culture & values

4.3

Work/Life balance

4.1

Compensation and benefits

3.8

Diversity & inclusion

3.8

Senior management

3.6

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

99 reviews

4.0

Dec 7, 2020

Good company

Claims specialist

Recommend

CEO approval

Business Outlook

Pros

401k matching up to 5% and decent pay

Cons

Management unaware of day to day activities and high case loads

MEMIC Response

5y

One of our values at MEMIC is transparency which suggests everyone speak up when opportunities for positive change can be made. We encourage you to talk to any member of management to share your ideas and observations. That’s how we’ll get that much better. Also, we’re glad you find the 401K match of value and hopefully we’ll be able to continue additional 401K contributions through profit sharing. Thanks for being part of the MEMIC team!

4.0

Nov 30, 2020

Great company

Claims associate

Recommend

CEO approval

Business Outlook

Pros

Management, PTO, Work-life balance, co-workers, location

Cons

the new claim system is work in progress but it is way much better than the older one

MEMIC Response

5y

We’re happy to see all the positives you listed about MEMIC, we think those are pretty great too! As you mentioned, we upgraded from our legacy system earlier this year. Like any new system, there are kinks to work out but we are excited about all the efficiencies this new system will bring.

5.0

Oct 18, 2019

Best company to work for

Premium auditor

Recommend

CEO approval

Business Outlook

Pros

This company runs in values and integrity and has consistent growth year over year- Knowledgeable upper management-amazing work/life balance atmosphere-promotes from within-tuition reimbursements-excellent benefits and 401K package

Cons

Working out all of the data kinks As the company is rapidly growing

MEMIC Response

6y

Thanks for the review, we’re happy to hear you think so highly of MEMIC! We’re currently in the process of upgrading a few different systems in multiple departments. We are excited for these changes and all the efficiencies they will bring.

Viewing 85 - 87 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

Ratings by category

Ratings by demographic groups

Reviews by job title

Good company

Great company

Best company to work 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

Top companies for "Compensation and Benefits" near you

MEMIC reviews FAQs

Jobs at MEMIC