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John Hancock Life Insurance Company Overview

John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent patriot. In 2004, John Hancock was acquired by the Canadian life insurance company Manulife Financial.
The staff at John Hancock Life Insurance Company come from unusually diverse demographic backgrounds. The company is 40.4% female and 35.3% ethnic minorities. John Hancock Life Insurance Company employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 63.9% of employees identifying as members of the Democratic Party. Despite their political differences, employees at John Hancock Life Insurance Company seem to be happy. The company has great employee retention with staff members usually staying for 4.1 years. The average employee at John Hancock Life Insurance Company makes $62,372 per year. Pay at John Hancock Life Insurance Company is significantly lower than some of its highest paying competitors, like CMFG Life Insurance Company, Aon Risk Services Inc. of Maryland, and Allianz Life, which pay $91,274, $84,639, and $79,043, respectively.
A large insurance company with 5,076 employees, John Hancock Life Insurance Company is headquartered in Boston, MA.

The Organization’s Mission

To be the most professional life insurance company in the world.

Industry

Insurance

Revenue

-

Employees

5,076

Founded in

1862

Headquarters

Boston, MA

Website

jhannuities.com

Organization Type

Private

Is This Your Company?

The Team At John Hancock Life Insurance Company

Key People
  • Marianne Harrison (ceo)

John Hancock Life Insurance Company Reviews

Zippia Official Logo

5.0

Zippia UserAugust 2019

5.0

Zippia Official LogoZippia UserAugust 2019

What Do You Like About Working There?

Status/reputation Show More

What DON'T You Like About Working There?

Old way of operating. Not a company for young people. Show More

What Are Your Favorite Benefits/Perks?

4% match for 401k Show More
Zippia Official Logo

5.0

Zippia UserFebruary 2019

5.0

Zippia Official LogoZippia UserFebruary 2019

What Do You Like About Working There?

Business driven culture, flexibility to mix work from home/office Respect for staff, no micro management We celebrate moments, victories
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John Hancock Life Insurance Company Rankings

John Hancock Life Insurance Company is ranked #99 on the Best Companies to Work For in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

John Hancock Life Insurance Company Salaries

How much does John Hancock Life Insurance Company pay?
The national average salary for a John Hancock Life Insurance Company employee in the United States is $62,372 per year. Employees in the top 10 percent can make over $113,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
9.2
Salary Score
Average Employee Earnings

John Hancock Life Insurance Company Salaries By Job Title

The average employee at John Hancock Life Insurance Company earns a yearly salary of $62,372 per year, but different jobs can earn drastically different salaries. The higher paying positions at John Hancock Life Insurance Company include regional vice president, director, investment advisor, and lead technician. A typical regional vice president salary at John Hancock Life Insurance Company is $151,008 per year. Other roles at John Hancock Life Insurance Company include claim processor and receptionist. A claim processor at John Hancock Life Insurance Company earns an average yearly salary of $21,220.
Job Title
Title
ascdesc
Average Salarydesc
Regional Vice President
Salary Range138k - 164k$151k$151,008
Director
Salary Range124k - 170k$146k$145,772
Investment Advisor
Salary Range103k - 159k$128k$128,376
Lead Technician
Salary Range102k - 121k$112k$111,655
Finance Advisor
Salary Range85k - 131k$106k$106,059
Actuary
Salary Range85k - 128k$105k$105,076
Sales Associate
Salary Range86k - 118k$101k$101,076
Senior Software Engineer
Salary Range88k - 112k$100k$99,846
Actuarial Associate
Salary Range82k - 119k$99k$99,104
Salesforce Developer
Salary Range82k - 104k$93k$92,639
$45k
$170k

John Hancock Life Insurance Company Careers

On average, employees at John Hancock Life Insurance Company stay with the company for 4.1 years. Employees most commonly join John Hancock Life Insurance Company after leaving Fidelity Investments. When they leave John Hancock Life Insurance Company, they most frequently get their next job at Fidelity Investments.

Top Employers Before John Hancock Life Insurance Company

Top Employers After John Hancock Life Insurance Company

IBM
7.1 %

John Hancock Life Insurance Company Employee Demographics

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

John Hancock Life Insurance Company Employees Education

Of the 5,076 employees at John Hancock Life Insurance Company, 32.1% attended Northeastern University. Employees at John Hancock Life Insurance Company most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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John Hancock Life Insurance Company Employee Political Affiliation

John Hancock Life Insurance Company employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a John Hancock Life Insurance Company employee was by Carol Fulp. Carol Fulp donated $68,700 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Carol FulpSenior Vice President
Carol Fulp
Senior Vice President
Senior Vice President
Democratic Party
Democratic Party
$68,700Democratic Party
$68,700
Thomas SamolukVice President
Thomas Samoluk
Vice President
Vice President
Democratic Party
Democratic Party
$15,950Democratic Party
$15,950
James GallagherLawyer
James Gallagher
Lawyer
Lawyer
Republican Party
Republican Party
$14,700Republican Party
$14,700
Bruce McGuirkRegional Director
Bruce McGuirk
Regional Director
Regional Director
Republican Party
Republican Party
$10,750Republican Party
$10,750
Allan FenInvestments
Allan Fen
Investments
Investments
Democratic Party
Democratic Party
$9,400Democratic Party
$9,400
Peter BenfieldRetired Tax Counsel
Peter Benfield
Retired Tax Counsel
Retired Tax Counsel
Democratic Party
Democratic Party
$7,800Democratic Party
$7,800
JON BourgaultAttorney
JON Bourgault
Attorney
Attorney
Democratic Party
Democratic Party
$5,150Democratic Party
$5,150
Timothy KilleaFinance Sales Consultant
Timothy Killea
Finance Sales Consultant
Finance Sales Consultant
Republican Party
Republican Party
$5,000Republican Party
$5,000
Timothy MalikInvestment Officer
Timothy Malik
Investment Officer
Investment Officer
Democratic Party
Democratic Party
$3,743Democratic Party
$3,743
Charles McVayActuarial Assistant
Charles McVay
Actuarial Assistant
Actuarial Assistant
Democratic Party
Democratic Party
$3,623Democratic Party
$3,623
Show More

John Hancock Life Insurance Company Financial Performance

9.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

-

Founded in

1862

Organization type

Private

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John Hancock Life Insurance Company Competitors

Based on our research, similar companies to John Hancock Life Insurance Company are CMFG Life Insurance Company, Aon Risk Services Inc. of Maryland, and Allianz Life. The wages at CMFG Life Insurance Company average higher than the other similar companies, where the median salary is $91,274 per year. Employees at Aon Risk Services Inc. of Maryland earn an average of $84,639 per year, and the employees at Allianz Life earn an average salary of $79,043 per year.
Companydesc
Average Salarydesc
CMFG Life Insurance Company
Salary Range75k - 110k$91k$91,274
Aon Risk Services Inc. of Maryland
Salary Range66k - 107k$85k$84,639
Allianz Life
Salary Range59k - 105k$79k$79,043
ICMA-RC
Salary Range61k - 96k$77k$77,222
AXA
Salary Range53k - 100k$73k$73,085
Phoenix Life Insurance
Salary Range51k - 95k$70k$69,937
Penn Mutual
Salary Range50k - 95k$70k$69,696
Jackson National Life Distributors
Salary Range52k - 92k$70k$69,528

Transamerica Advisors Life Insurance Company

Salary Range51k - 91k$69k$68,734
The Hanover Insurance Group
Salary Range50k - 91k$68k$68,031
$37k
$110k

Frequently Asked Questions about John Hancock Life Insurance Company

When was John Hancock Life Insurance Company founded?

John Hancock Life Insurance Company was founded in 1862.

How many Employees does John Hancock Life Insurance Company have?

John Hancock Life Insurance Company has 5,076 employees.

What industry is John Hancock Life Insurance Company in?

John Hancock Life Insurance Company is in the insurance industry.

What is John Hancock Life Insurance Company's mission?

John Hancock Life Insurance Company's mission statement is "To be the most professional life insurance company in the world."

What type of company is John Hancock Life Insurance Company?

John Hancock Life Insurance Company is a private company.

Who are John Hancock Life Insurance Company's competitors?

John Hancock Life Insurance Company competitors include AXA, Transamerica Corporation, Transamerica Advisors Life Insurance Company, Allianz Life, Federated Insurance Companies, Penn Mutual, Jackson National Life Distributors, ICMA-RC, Symetra Financial, Towers Watson Pennsylvania, Great-West Life & Annuity Insurance Co, American Life Insurance Company, Commonwealth Equity Services, The Hanover Insurance Group, National Life Group, Aon Risk Services Inc. of Maryland, Phoenix Life Insurance, CMFG Life Insurance Company, Barney & Barney, Liberty Mutual.

Who works at John Hancock Life Insurance Company?

Marianne Harrison (ceo)

Where is John Hancock Life Insurance Company's headquarters?

John Hancock Life Insurance Company's headquarters is in Boston, MA.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of John Hancock Life Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about John Hancock Life Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at John Hancock Life Insurance Company. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of John Hancock Life Insurance Company and its employees or that of Zippia.

John Hancock Life Insurance Company may also be known as or be related to JOHN HANCOCK LIFE INSURANCE CO USA, John Hancock Financial, John Hancock Life Insurance Company, John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company, U.S.A.