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Working At Merchants Insurance Group

Zippia Score 3.7

Merchants Insurance Group overview

Merchants Insurance Group is a regional property and casualty insurance company headquartered in Buffalo, New York. The company provides commercial and personal property and casualty insurance throughout the Northeast and North Central United States.
Merchants Insurance Group is a well-established company. It was founded way back in 1918. This time-proven company loves to hire graduates from State University of New York Buffalo, with 15.1% of its employees having attended State University of New York Buffalo. Want to explore some other great places to work in Buffalo, New York? You can check out our full list of Best Companies to Work For in Buffalo, New York. The average employee at Merchants Insurance Group makes $46,034 per year. Pay at Merchants Insurance Group is significantly lower than some of its highest paying competitors, like Navigators, Burns & Wilcox, and Chubb, which pay $94,814, $89,185, and $71,721, respectively.
Merchants Insurance Group is a medium insurance company with 323 employees and an annual revenue of $75.0M that is headquartered in Buffalo, New York.

The Organization’s Mission

To be the property/casualty insurance company independent agents trust most to serve their valued customers. We believe trust is earned through high credibility, reliability and intimacy, and a low self orientation. To provide policyholders with peace of mind so they may live their dreams.

Industry

Insurance

Revenue

$75.0M

Employees

323

Founded in

1918

Headquarters

Buffalo, NY

Website

merchantsgroup.com

Website

merchantsgroup.com

Organization Type

Private

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Merchants Insurance Group Rankings

Merchants Insurance Group is ranked #52 on the Best Insurance Companies to Work For in New York 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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Merchants Insurance Group Salaries

How much does Merchants Insurance Group pay?
The national average salary for a Merchants Insurance Group employee in the United States is $46,034 per year. Employees in the top 10 percent can make over $90,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
6.4
Salary Score
Average Employee Earnings

Merchants Insurance Group Salaries By Job Title

While Merchants Insurance Group employees earn an average yearly salary of $46,034, different roles can command different wages. The higher paying positions at Merchants Insurance Group include Underwriter, Consultant, Java Developer, and Sales Agent. A typical Underwriter salary at Merchants Insurance Group is $90,782. To get a better sense of the salaries at Merchants Insurance Group, other roles such as Certified Nursing Assistant and Home Health Aid can be considered as well. For comparison, the title Certified Nursing Assistant at Merchants Insurance Group earns $22,493 per year.
RankTitleAverage
1
Underwriter
$90,782
2
Consultant
$85,346
3
Java Developer
$84,289
4
Sales Agent
$82,524
5
Account Executive
$81,914

Merchants Insurance Group careers

On average, employees at Merchants Insurance Group stay with the company for 3.2 years. Employees most commonly join Merchants Insurance Group after leaving GEICO. When they leave Merchants Insurance Group, they most frequently get their next job at Onebeacon Insurance Company.

Average Length of Employment
Chubb4.8 years

Merchants Insurance Group

3.2 years
GEICO3.0 years
Top Employers Before Merchants Insurance Group
GEICO14.0 %
McGard5.3 %
Show More
Top Employers After Merchants Insurance Group
Citi12.3 %
Show More
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Merchants Insurance Group Employment Videos

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Merchants Insurance Group Financial Performance

7.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$10M - $100M

Founded in

1918

Organization type

Private

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Merchants Insurance Group Competitors

Competitors of Merchants Insurance Group include Navigators, Burns & Wilcox, and Chubb. The average salaries at Navigators rank the highest, with their employees earning an average salary of $94,814 per year. Employees at Burns & Wilcox earn an average of $89,185 per year, and the employees at Chubb earn an average salary of $71,721 per year.

Frequently Asked Questions about Merchants Insurance Group

When was Merchants Insurance Group founded?

Merchants Insurance Group was founded in 1918.

How many Employees does Merchants Insurance Group have?

Merchants Insurance Group has 323 employees.

How much money does Merchants Insurance Group make?

Merchants Insurance Group generates $75.0M in revenue.

What industry is Merchants Insurance Group in?

Merchants Insurance Group is in the insurance industry.

What is Merchants Insurance Group's mission?

Merchants Insurance Group's mission statement is "To be the property/casualty insurance company independent agents trust most to serve their valued customers. We believe trust is earned through high credibility, reliability and intimacy, and a low self orientation. To provide policyholders with peace of mind so they may live their dreams."

What type of company is Merchants Insurance Group?

Merchants Insurance Group is a private company.

Who are Merchants Insurance Group's competitors?

Merchants Insurance Group competitors include GEICO, Chubb, Farmers Insurance, Travelers, Progressive Corporation, Burns & Wilcox, Appalachian Underwriters, Specialty Insurance Group, Erie Insurance, AmeriTrust Group, BUILDERS INSURANCE, Atlantic Mutual Insurance Company, Anchor Insurance Holdings, Bristol West Insurance Group, National General Holdings Corp, EMC Insurance, Onebeacon Insurance Company, Navigators, ICC Holdings Inc., Risk Placement Services.

Where is Merchants Insurance Group's headquarters?

Merchants Insurance Group's headquarters is in Buffalo, NY.

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Zippia gives an in-depth look into the details of Merchants Insurance Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Merchants Insurance Group. The employee data is based on information from people who have self-reported their past or current employments at Merchants Insurance Group. 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 Merchants Insurance Group and its employees or that of Zippia.