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Solera overview

Industry
Software
Revenue
Headquarters
Employees
4,000
Founded in
Website
Organization type
Public
Social media
Solera Holdings, Inc. was founded by Tony Aquila in 2005 to bring about a digital evolution of the insurance industry, starting with the processing of insurance claims. Today, their offerings bring together insurers, OEMs, dealers, SMR industry participants, and their customer's customers, creating a digital marketplace that empowers the customer to manage the entire life of their vehicle in a single platform.
The staff at Solera come from unusually diverse demographic backgrounds. The company is 50.0% female and 43.7% ethnic minorities. Despite its diversity in other areas, Solera employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 91.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Solera has great employee retention with staff members usually staying with the company for 4.1 years.The average employee at Solera makes $57,490 per year. Pay at Solera is significantly lower than some of its highest paying competitors, like ICE Mortgage Technology, Workday, and Gartner, which pay $136,775, $125,723, and $100,132, respectively.
A large technology company with 4,000 employees and an annual revenue of $1.1B, Solera is headquartered in Texas.

Solera's mission statement

Bring about a digital evolution of risk and asset management for the automotive and property marketplace, including the P& C insurance industry.

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2.2/5

Solera employee reviews

Based on 6 ratings

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Job openings at Solera
68 positions

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Solera employee reviews

Solera employee reviews
2.2/5

Based on 6 ratings

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Employee reviews
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5.0
A zippia user wrote a review on Jul 2024
Solera benefits

competitive salaries

Cons of working at Solera

the possibility of moving up in positions although if it is possible, it is slow

Pros of working at Solera

The environment and possibility to learn and grow are very good

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1.0
A zippia user wrote a review on Jan 2024
Pros of working at Solera

Depending on whom you have as a manager, you could basically do nothing all day (as long as you are smart about it) and get paid, which is fitting considering the amount of pay and raises you get while working here is equivocal to that amount of effort.

Cons of working at Solera

No raises, salary is not livable, benefits are basic at best, odds of getting laid off just so execs can have fatter paychecks is extremely high, odds of managers making you take on many additional responsibilities without compensation is extremely high, and the micromanagement is extreme, with them expecting daily and monthly labor reports that track every minute of every day while they also use Activtrack to automatically track every second of every day so they can chastise you for not making them more money.

Solera benefits

I feel no ties to the company, which will make it easy to leave without feeling bad once a better paying job comes along. Currently, it feels like working at Taco Bell would pay more.

What do you like best about Solera's CEO and the leadership team?

Nothing, they are just as incompetent and greedy as any exec you could find at any company, which should be evident by the fact that in 2022 there were 4k employees, but now there are only 1k employees (fun fact: I currently do the jobs of a whole team but am only paid a measly $60k with no hopes of a raise).

How would you improve Solera's culture?

eat the rich, spread out their undeserved profits to the people who actually make the money, and crucify anyone who tries to make capitalism sound like a good thing when it is clearly just a pyramid scheme on a national level.

How did you prepare for the Solera interview?

They called me due to my extensive knowledge and experience in the automotive industry and wanted me to work in multiple areas, reporting to multiple managers on the promise that I would be compensated appropriately and be given regular raises both on merit and to accommodate for cost of living (which was clearly a lie since I have yet to be given ANY raise over the past few years even though they laid off 3k employees for massive profits on their end).

How does your compensation at Solera compare to the industry average?

Horrible, I can't even afford to pay rent and there's absolutely no empathy from management about that situation because they all make well over $100k a year even though they don't do anything.

What's the diversity at Solera like?

definitely a decent amount of representation since most of our workforce seems to be in either India or Mexico nowadays since that's cheaper than paying Americans to work at a livable wage (capitalism at its finest).

What brings you the most joy at Solera?

turning off my work computer at the end of the day.

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1.0
A zippia user wrote a review on Jan 2023
Pros of working at Solera

nothing

Cons of working at Solera

everything. they are liars and the company is probably going to lay off most of it's staff.

Solera benefits

I dont have one for this place. Solera is really bad.

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1.0
A zippia user wrote a review on Feb 2020
Pros of working at Solera

Nothing

Cons of working at Solera

Awful pay and benefits and enormous workload

Solera benefits

There isn't any other than the CEO runs the company to the ground and leaves with a huge payout

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The team at Solera

  • The founders of Solera are Tony Aquila, Kevin Reeves and Jorge Rios.
  • The key people at Solera are Darko Dejanovic, Tony Aquila and Kevin Reeves.
Key people
Darko Dejanovic
Tony Aquila
Kevin Reeves
Jorge Rios

Solera rankings

Solera is ranked #76 on the Best Technology companies to work for in Texas 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.

Solera salaries

Average Solera salary
$57,490
yearly
$27.64 hourly
Updated March 14, 2024

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Solera diversity

9.5
Diversity score
We calculated Solera’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Solera’s workforce.
Solera diversity summary. Zippia estimates Solera'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 Solera's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Solera's workforce.
  • Solera has 4,000 employees.
  • 50% of Solera employees are women, while 50% are men.
  • The most common ethnicity at Solera is White (56%).
  • 18% of Solera employees are Hispanic or Latino.
  • 11% of Solera employees are Black or African American.
  • The average employee at Solera makes $57,490 per year.
  • Solera employees are most likely to be members of the democratic party.
  • Employees at Solera stay with the company for 4.1 years on average.

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Solera office locations

Solera is headquartered in Westlake, TX

Biggest Solera locations

RankCityJob countAvg. salary
1Evanston, IL10$55,746
2Clearwater, FL5$50,060
3Austin, TX4$53,079
4Denver, CO4$55,949
5Houston, TX3$52,750
6Las Vegas, NV3$57,108

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Solera financial performance

9.8
Performance score

Highest paying Solera competitors

Compare Solera salaries to competitors, including ICE Mortgage Technology, Workday, and Gartner. Employees at ICE Mortgage Technology earn the highest average yearly salary of $136,775. The salaries at Workday average $125,723 per year, and the salaries at Gartner come in at $100,132 per year.
RankCompanyAverage salaryJobs
1$136,7750
2$125,7230
3$100,1320
4$88,5750
5$87,9810
6$77,3580
7$76,2400
8$74,5700
9$73,2900
10$66,1320

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

Solera may also be known as or be related to SOLERA HOLDINGS INC, Solera, Solera Holdings, Solera Holdings Inc, Solera Holdings, Inc. and Solera, LLC.