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Safeco Insurance overview

Industry
Insurance
Revenue
Headquarters
Employees
7,200
Founded in
Organization type
Private
Social media
Safeco has been protecting individuals and families with personal insurance coverage since 1923. Safeco Insurance provides high-quality personal insurance products and services through independent agents across the country. They are a Liberty Mutual Insurance company, the fifth-largest property and casualty insurer in the United States.
The staff at Safeco Insurance come from unusually diverse demographic backgrounds. The company is 51.9% female and 34.8% ethnic minorities. Despite its diversity in other areas, Safeco Insurance employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 71.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Safeco Insurance has great employee retention with staff members usually staying with the company for 5.0 years.The average employee at Safeco Insurance makes $58,556 per year. Pay at Safeco Insurance is significantly lower than some of its highest paying competitors, like Morgan Stanley, Piper Jaffray, and Federal Deposit Insurance, which pay $103,933, $73,442, and $71,995, respectively.
Based in Seattle, WA, Safeco Insurance is a key player in the insurance industry with 7,200 employees and an annual revenue of $6.3B.

Safeco Insurance's mission statement

Helping people live safer, more secure lives.

In demand companies are hiring! Let Zippi apply for you!

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4.0/5

Safeco Insurance employee reviews

Based on 2 ratings

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Safeco Insurance employee reviews

Safeco Insurance employee reviews
4.0/5

Based on 2 ratings

Work at Safeco Insurance? Share your experience.
Employee reviews
profile
4.0
A zippia user wrote a review on Sep 2023
Pros of working at Safeco Insurance

The clients

Cons of working at Safeco Insurance

Systems and processes are antiquated.

Safeco Insurance benefits

There are none,outside of colleagues who genuinely care about the need of others.

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The team at Safeco Insurance

  • The founders of Safeco Insurance is Hawthorne K. Dent.
  • The key people at Safeco Insurance are Matthew Nickerson and Hawthorne K. Dent.
Key people
Matthew Nickerson
Hawthorne K. Dent

Safeco Insurance rankings

Safeco Insurance is ranked #4 on the Best Insurance companies to work for in Washington 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.

Safeco Insurance salaries

Average Safeco Insurance salary
$58,556
yearly
$28.15 hourly
Updated March 14, 2024

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Safeco Insurance diversity

9.8
Diversity score
We calculated Safeco Insurance’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Safeco Insurance’s workforce.
Safeco Insurance diversity summary. Zippia estimates Safeco Insurance'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 Safeco Insurance's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Safeco Insurance's workforce.
  • Safeco Insurance has 7,200 employees.
  • 52% of Safeco Insurance employees are women, while 48% are men.
  • The most common ethnicity at Safeco Insurance is White (65%).
  • 13% of Safeco Insurance employees are Hispanic or Latino.
  • 9% of Safeco Insurance employees are Black or African American.
  • The average employee at Safeco Insurance makes $58,556 per year.
  • Safeco Insurance employees are most likely to be members of the democratic party.
  • Employees at Safeco Insurance stay with the company for 5.0 years on average.

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Safeco Insurance financial performance

9.8
Performance score

Highest paying Safeco Insurance competitors

Compare Safeco Insurance salaries to competitors, including Morgan Stanley, Piper Jaffray, and Federal Deposit Insurance. Employees at Morgan Stanley earn the highest average yearly salary of $103,933. The salaries at Piper Jaffray average $73,442 per year, and the salaries at Federal Deposit Insurance come in at $71,995 per year.
RankCompanyAverage salaryJobs
1$103,9330
2$73,4420
3$71,9950
4$71,3430
5$61,9140
6$61,8470
7$61,1070
8$61,0890
9$60,8900
10$59,0540

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Safeco Insurance FAQs

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Zippia gives an in-depth look into the details of Safeco Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Safeco Insurance. The employee data is based on information from people who have self-reported their past or current employments at Safeco Insurance. 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 Safeco Insurance. The data presented on this page does not represent the view of Safeco Insurance and its employees or that of Zippia.

Safeco Insurance may also be known as or be related to General Insurance Company, Lloyds Safeco Insurance Company, Safeco, Safeco Corporation, Safeco Insurance and Safeco Insurance Foundation.