John Hancock Life Insurance Company Overview

John Hancock Life Insurance Company (U.S.A.) provides individual life insurance, annuities, and group pension products in in the United States. John Hancock Life Insurance Company (U.S.A.) was formerly known as The Manufacturers Life Insurance Company (U.S.A.) and changed its name to John Hancock Life Insurance Company (U.S.A.) in February, 2005. The company is based in Boston, Massachusetts. John Hancock Life Insurance Company (U.S.A.) operates as a subsidiary of The Manufacturers Investment Corporation.
The staff at John Hancock Life Insurance Company come from unusually diverse demographic backgrounds. The company is 45.5% female and 33.6% ethnic minorities. The diversity in John Hancock Life Insurance Company employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 45.8% Democrats and 50.0% Republicans. 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 4.8 years. The average employee at John Hancock Life Insurance Company makes $70,677 per year, which is competitive for its industry and location. Some of its highest paying competitors, The Prudential Insurance Company of America, Penn Mutual, and Physicians Mutual, pay $87,135, $74,459, and $72,540, respectively.
A large insurance company with 5,076 employees, John Hancock Life Insurance Company is headquartered in Massachusetts.

The Organization’s Mission

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

Industry

Insurance

Revenue

-

Employees

5,076

Founded in

-

Headquarters

Canton, MA

Website

jhannuities.com

Organization Type

Private

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John Hancock Life Insurance Company Reviews

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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
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5.0

Zippia UserFebruary 2019

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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 #10 on the Best Insurance 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.

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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 $70,677 per year. Employees in the top 10 percent can make over $128,000 per year, while employees at the bottom 10 percent earn less than $38,000 per year.
9.1
Salary Score
Average Employee Earnings

John Hancock Life Insurance Company Salaries By Job Title

While the average employee salary at John Hancock Life Insurance Company is $70,677, there is a big variation in pay depending on the role. The higher paying positions at John Hancock Life Insurance Company include Actuary, Lead Technician, Actuarial Assistant, and Senior Leader. A typical Actuary salary at John Hancock Life Insurance Company is $126,060 per year. Some of the other roles at John Hancock Life Insurance Company are Office Clerk and Customer Service Representative. A worker with the title Office Clerk at John Hancock Life Insurance Company earns an average salary of $27,493 per year.
Title
Average
Actuary
Actuary
$126,060
$126k
Lead Technician
Lead Technician
$122,362
$122k
Actuarial Assistant
Actuarial Assistant
$116,745
$117k
Senior Leader
Senior Leader
$112,605
$113k
Sales Manager
Sales Manager
$111,614
$112k
Actuarial Associate
Actuarial Associate
$111,452
$111k
Software Engineer
Software Engineer
$104,042
$104k
Team Leader
Team Leader
$103,220
$103k
Sales Representative
Sales Representative
$102,967
$103k
Consultant
Consultant
$102,697
$103k

John Hancock Life Insurance Company Careers

On average, employees at John Hancock Life Insurance Company stay with the company for 4.8 years. Employees most commonly join John Hancock Life Insurance Company after leaving John Hancock Investments. When they leave John Hancock Life Insurance Company, they most frequently get their next job at John Hancock Investments.

Average Length of Employment

John Hancock Life Insurance Company

4.8 years
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John Hancock Life Insurance Company Financial Performance

Revenue

-

Founded in

-

Organization type

Private

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John Hancock Life Insurance Company Competitors

Competitors of John Hancock Life Insurance Company include The Prudential Insurance Company of America, Penn Mutual, and Physicians Mutual. The wages at The Prudential Insurance Company of America average higher than the other similar companies, where the median salary is $87,135 per year. The salaries at Penn Mutual average $74,459 per year, and the salaries at Physicians Mutual come in at $72,540 per year.

Frequently Asked Questions about John Hancock Life Insurance Company

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 American Income Life Insurance ..., American National Insurance Company, Transamerica Advisors Life Insurance Company, Penn Mutual, Allianz Life, Phoenix Life Insurance, American General Life Insurance Company, The Prudential Insurance Company of America, Protective Life, Symetra Financial, Kemper, American Life Insurance Company, Sun Life Financial, Physicians Mutual, GEICO, Trustmark, Zurich, American Independent Insurance, National Insurance Company, HealthMarkets.

Where is John Hancock Life Insurance Company's headquarters?

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

What is John Hancock Life Insurance Company's website?

You can find the John Hancock Life Insurance Company website at jhannuities.com.

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You can find out what it is like to work at John Hancock Life Insurance Company, also known as JOHN HANCOCK LIFE INSURANCE CO USA, John Hancock Life Insurance Company and John Hancock Life Insurance Company (U.S.A.).

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.