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 3% over the last 12 months.

How satisfied are employees working at MEMIC?

71% of MEMIC employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated MEMIC 4.1 out of 5 for work life balance, 4.2 for culture and values and 3.7 for career opportunities.

What are the top reviewed jobs at MEMIC?

Claims Specialist (7) , 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 14 reviews)); "Good people and clear directions" ((in 11 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 6 reviews)); "5 weeks of PTO to start)." ((in 4 reviews))

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

"Low Salary is the con" ((in 4 reviews)); "My manager was extremely negative and critical of me." ((in 3 reviews)); "Claims management is not sympathetic to injured workers." ((in 3 reviews)); "Work life balance, no other cons" ((in 3 reviews))

What are the top reviewed MEMIC locations?

Portland , Albany , Tampa , Manchester , Hartford , Philadelphia

MEMIC reviews

4.2

71% would recommend to a friend

(24 total reviews)

Michael Bourque

86% approve of CEO

81% positive business outlook

Ratings by category

4.2

Culture & values

4.1

Diversity & inclusion

4.1

Work/Life balance

4.1

Compensation and benefits

3.7

Senior management

3.7

Career opportunities

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

24 reviews

Reviews about "Compensation"

Return to all reviews

5.0

Oct 23, 2021

great

Claims assistant

Recommend

CEO approval

Business Outlook

Pros

allows to work from home

Cons

Could be have better pay

MEMIC Response

3y

Thank you for your feedback. We also feel good about how MEMIC offers a fantastic work environment and really understands the need for flexibility and flex schedules. Maintaining a healthy work-life balance is important to our mission of caring for people. As for compensation, MEMIC recently conducted a compensation market analysis for all current positions and made adjustments to ensure our pay is competitive. Please chat with your manager or HR Business Partner to learn about these initiatives and your career path.

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

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!

Viewing 13 - 15 of 24 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 - IV (NY WC Claims)

MEMIC

MEMIC reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Reviews about "Compensation"

great

Solid company

Good company

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