Opportunity Is Calling: The Best Insurance Companies to Work for in 2019

Written by
Rebecca Smith

Published
Mar 14, 2019

Mar 14, 2019 • by Rebecca Smith

Want to learn which are the best insurance companies to work for?

Did you know there are only 5,977 insurance companies in the US? That’s right, their 2.6 million employees run an industry that averages over 1.2 trillion dollars each year.

If you’re looking at those numbers and scratching your head, you’re not alone. The question on most people’s minds is: But where’s all that money going? It’s definitely not in the pockets of the employees.

While it’s true many insurance companies don’t treat their employees right, others do. A few even support your work-life balance, emphasizing the importance of a harmonious lifestyle.

If you’re dying to know which insurance companies made the cut this year, stay tuned. The sections below detail all the information you want to know and more. So, grab some tea, cozy in, and read on.

Allianz Life Insurance Company

Each year, Fortune magazine publishes Fortune’s Best 100 List, a list of the greatest companies to work for across the US. Fortune’s research partner evaluates everything from company perks to employee satisfaction. Considering there are over 27.9 million businesses in the US, the likelihood of receiving this badge is rare indeed.

Well, Allianz has managed to pull off a spot in the top 100 for the last 8 consecutive years. If you’re skilled at selling life insurance and like Minnesota, consider applying.

The company has just under 2,000 employees, the majority falling in the Millennial and Gen X categories. The length of time that employees have worked for the company is evenly distributed, so you won’t be ostracized for being the new kid on the block.

Employees boast about the company culture and inclusion policy. They welcome people of all walks of life and actively oppose discrimination.

They’ve also been around since 1896, so chances are they’ll be around long after you retire. If you want to settle down and grow roots, they’re an optimal company to choose.

Progressive Insurance

You’ve likely seen Flo, Progressives television personality. She’s bold, adventurous, and ready to sell you car insurance. But Progressive sells more than car insurance. They also sell the truck, RV, boat, motorcycle, and home owner’s insurance.

Though their headquarters is in Ohio, they also have beautiful campuses elsewhere:

  • Austin
  • Cleveland
  • Colorado Springs
  • Phoenix
  • Sacramento
  • Tampa

Many employees either work at a claims office or work from home. So, if you’re interested, you wouldn’t need to relocate.

Unlike Allianz, Progressive is a massive corporation. Over 5000 people move positions within the company each year. They plan to hire more than 10,000 people in 2019 alone. And they’ve grown more than 50% over the last 3 years.

And you don’t have to have a successful career in insurance to work at Progressive. They also have departments for analytics, human resources, legal, marketing, and technology.

Employees say one of the best parts of working at Progressive is their gainsharing system of management. As motivated employees improve their performance, they share financially in the company’s gain.

Nationwide

This company has been touted as one of the best insurance companies for those entering the field. It provides an opportunity for growth in any direction you choose because of its size. With almost 32,000 employees, it’s the second largest company on our list today.

They offer jobs in the following categories:

  • Claims
  • Corporate
  • Corporate Finance
  • Customer Service
  • Financial Services
  • Information Technology
  • Innovation
  • Internships
  • Marketing
  • Property and Casualty

The insurance they offer ranges from auto to life to identity protection insurance. If you want insurance for something, they offer it. Much like Databerry, they do it all. They offer services in several departments to satisfy customer demand.

Their employees range across an even spectrum of ages and employment tenures. Employees say one of the biggest drawbacks of the company is the tradeoff between work and home life. The higher you climb the ladder at work, the more they expect from you.

That means less time with family.

If you choose Nationwide, our suggestion is to use it as a starting point. Once you’ve gained experience, move on.

American Fidelity Assurance

Here’s another mid-size company worth pursuing. It has just under 2,000 employees and has a headquarters in Oklahoma City, OK. They serve over 1 million customers in education, auto retail, municipality, and healthcare.

American Fidelity is also a winner of the prestigious Fortune Best 100 titles. They’ve won a spot during each of the last 4 years. Though they don’t rank quite as high as Allianz, it’s a close competition.

They were founded in 1960 and serve 49 states.

One of their biggest draws is their dedication to education professionals. Teachers often suffer from yearly budget cuts and limited resources. In their own way, American Fidelity tries to help.

They offer individualized and supplemental benefits to teachers around the nation. They avoid generic plans, instead offering unique pay modes and sick leave policies. The idea is to help our nation’s infrastructure by supporting the growth of our next generation.

Employees laud the company in two prominent fields.

  1. Family support
  2. Colleague interaction.

The company values family. They offer flexible maternity leaves, family emergencies, and family vacations. They think a healthy family leads to a healthy lifestyle, which in turn leads to work productivity.

And that support shows in its employees. They’re happier and more willing to help one another. Collogues often laugh and joke together. They also share the advantages of the many on-site facilities together.

That’s right, American Fidelity is taking a page out of Google’s handbook. Their main branch offers such resources as an on-site gym, health clinic, bank, and educational facilities. But don’t think you’re limited to working at the main branch.

They also offer positions for those who wish to work from home. Furthermore, expect paid personal time off, paid volunteer time, employer matching, and a solid pension plan.

You Know the Best Insurance Companies to Work For, What Now?

Now that you know which are the best insurance companies to work for, what will you do with the information? If you’re thinking about a job transfer or a change of career, we recommend starting with a work at home position.

They’re common nowadays, and they’ll give you the chance to decide whether you like the company before you make a permanent move.

Did you find this information helpful? Great, then please jump over to our enormous library full of articles about jobs. So long and good luck!