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Working at The Hanover Insurance Group

Zippia score 4.9

Overview

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The Hanover Insurance Group overview

Industry
Insurance
Revenue
$5.2B
Headquarters
Worcester, MA
Employees
4,600
Founded in
1852
Website
Organization type
Public
CEO
John Conner Roche
Social media
The Hanover Insurance Group, Inc., based in Worcester, Mass., is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. For more than 160 years, The Hanover has provided a wide range of property and casualty products and services to individuals, families, and businesses. The Hanover distributes its products through a select group of independent agents and brokers. Together with its agents, the company offers specialized coverages for small and mid-sized businesses, as well as insurance protection for homes, automobiles, and other personal items. Through its international member company, Chaucer, The Hanover also underwrites business at Lloyd's of London in several major insurance and reinsurance classes, including marine, property and energy. The Hanover is committed to making a difference, in its business and in the communities it calls home. For generations, their company and their employees have worked together to make the communities where they live and work healthier, stronger, and more vibrant.
The staff at The Hanover Insurance Group come from unusually diverse demographic backgrounds. The company is 51.9% female and 36.0% ethnic minorities. The diversity in The Hanover Insurance Group employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 51.5% Democrats and 48.5% Republicans. Despite their political differences, employees at The Hanover Insurance Group seem to be happy. The company has great employee retention with staff members usually staying for 5.4 years.The average employee at The Hanover Insurance Group makes $71,343 per year, which is competitive for its industry and location. Some of its highest paying competitors, AIG, Zurich, and Great American Insurance, pay $84,115, $76,684, and $69,663, respectively.
Based in Massachusetts, The Hanover Insurance Group is a key player in the insurance industry with 4,600 employees and an annual revenue of $5.2B.

The Hanover Insurance Group's mission statement

Our broad and distinctive portfolio of specialized insurance products and services is designed to meet the many needs of businesses, as well as individuals and families.

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5.0/5

The Hanover Insurance Group employee reviews

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The Hanover Insurance Group employee reviews

The Hanover Insurance Group employee reviews
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5.0
A zippia user wrote a review on Jul 2019
Pros of working at The Hanover Insurance Group

Good work life balance. Challenging and rewarding work. Strong career advancement potential.

Cons of working at The Hanover Insurance Group

Hiring process is slow. Too many qualifying interviews.

The Hanover Insurance Group benefits

401K participation and generous company match.

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The team at The Hanover Insurance Group

  • The key people at The Hanover Insurance Group is John Conner Roche.
Key people
John Conner Roche

The Hanover Insurance Group rankings

The Hanover Insurance Group is ranked #15 on the Best Insurance companies to work for in America 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.

The Hanover Insurance Group salaries

Average The Hanover Insurance Group salary
$71,343
yearly
$34.30 hourly
Updated March 14, 2024

Evaluate The Hanover Insurance Group's commitment to diversity and inclusion.

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The Hanover Insurance Group diversity

9.8
Diversity score
We calculated The Hanover Insurance Group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of The Hanover Insurance Group’s workforce.
The Hanover Insurance Group diversity summary. Zippia estimates The Hanover Insurance Group'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 The Hanover Insurance Group's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of The Hanover Insurance Group's workforce.
  • The Hanover Insurance Group has 4,600 employees.
  • 52% of The Hanover Insurance Group employees are women, while 48% are men.
  • The most common ethnicity at The Hanover Insurance Group is White (64%).
  • 11% of The Hanover Insurance Group employees are Hispanic or Latino.
  • 11% of The Hanover Insurance Group employees are Asian.
  • The average employee at The Hanover Insurance Group makes $71,343 per year.
  • The Hanover Insurance Group employees are most likely to be members of the democratic party.
  • Employees at The Hanover Insurance Group stay with the company for 5.4 years on average.

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The Hanover Insurance Group office locations

The Hanover Insurance Group is headquartered in Worcester, MA

Biggest The Hanover Insurance Group locations

RankCityJob countAvg. salary
1Worcester, MA49$80,755
2Southfield, MI5$70,612
3Cincinnati, OH3$64,086
4Richmond, VA3$70,272
5Syracuse, NY3$81,350

Videos about working at The Hanover Insurance Group

The Hanover's Jack Roche: Exciting Career Opportunities in the Insurance Industry

The Hanover Insurance Group financial performance

9.9
Performance score

Highest paying The Hanover Insurance Group competitors

Compare The Hanover Insurance Group salaries to competitors, including AIG, Zurich, and Great American Insurance. Employees at AIG earn the highest average yearly salary of $84,115. The salaries at Zurich average $76,684 per year, and the salaries at Great American Insurance come in at $69,663 per year.
RankCompanyAverage salaryJobs
1$84,1150
2$76,6840
3$69,6630
4$68,5350
5$67,8010
6$67,2900
7$66,3510
8$65,3490
9$61,9140
10$61,1070
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    Updated March 14, 2024

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

    The Hanover Insurance Group may also be known as or be related to Hanover Group Inc, The Hanover Insurance Group, The Hanover Insurance Group Inc and The Hanover Insurance Group, Inc.