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MEMIC overview

Industry
Insurance
Revenue
Headquarters
Employees
200
Founded in
Website
Organization type
Private
Social media
The MEMIC Group provides workers' compensation insurance to employers with an emphasis on workplace safety.
Founded in 1993, MEMIC is an established company that loves to hire graduates from University of Southern Maine, with 30.0% of its employees having attended University of Southern Maine. Want to compare MEMIC to some other great places to work in Maine? We suggest taking a look at Zippia's list of Best Companies to Work For in Maine.
Based in Maine, MEMIC is a small insurance company with only 200 employees and an annual revenue of $159.1M.

MEMIC's mission statement

To make workers comp work better with compassion, trusted partnerships, and relentless commitment to workforce safety.

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The team at MEMIC

  • The key people at MEMIC is Michael P. Bourque.
Key people
Michael P. Bourque

MEMIC rankings

MEMIC is ranked #3 on the Best Insurance companies to work for in Maine 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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MEMIC diversity

6.5
Diversity score
We calculated MEMIC’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of MEMIC’s workforce.
MEMIC diversity summary. Zippia estimates MEMIC's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated MEMIC's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of MEMIC's workforce.
  • MEMIC has 200 employees.
  • 61% of MEMIC employees are women, while 39% are men.
  • The most common ethnicity at MEMIC is White (83%).
  • 6% of MEMIC employees are Hispanic or Latino.
  • 5% of MEMIC employees are Asian.
  • The average employee at MEMIC makes $59,434 per year.
  • Employees at MEMIC stay with the company for 4.8 years on average.

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MEMIC office locations

MEMIC is headquartered in Portland, ME

Biggest MEMIC locations

RankCityJob countAvg. salary
1Portland, ME4$60,785

MEMIC financial performance

9.8
Performance score

Highest paying MEMIC competitors

Compare MEMIC salaries to competitors, including Argonaut Insurance Company, Texas Mutual Insurance, and The Travelers Companies. Employees at Argonaut Insurance Company earn the highest average yearly salary of $68,848. The salaries at Texas Mutual Insurance average $66,923 per year, and the salaries at The Travelers Companies come in at $66,351 per year.
RankCompanyAverage salaryJobs
1$68,8480
2$66,9230
3$66,3510
4$65,3490
5$64,2350
6$63,2600
7$62,3930
8$60,3560
9$60,3450
10$57,7500

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Zippia gives an in-depth look into the details of MEMIC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MEMIC. The employee data is based on information from people who have self-reported their past or current employments at MEMIC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by MEMIC. The data presented on this page does not represent the view of MEMIC and its employees or that of Zippia.

MEMIC may also be known as or be related to MEMIC, Maine Employers Mutual Insurance Company, Maine Employers' Mutual Insurance Company and Memic.