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Working At The Hanover Insurance Group

Zippia Score 4.8

The Hanover Insurance Group overview

The Hanover Insurance Group, Inc., based in Worcester, Massachusetts, is one of the oldest continuous businesses in the United States still operating within its original industry.
The staff at The Hanover Insurance Group come from unusually diverse demographic backgrounds. The company is 46.6% female and 36.2% ethnic minorities. The Hanover Insurance Group employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 58.3% of employees identifying as members of the Democratic Party. 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 3.9 years. The average employee at The Hanover Insurance Group makes $64,292 per year. In comparison, some of its highest paying competitors, like Allianz Life, Zurich, and American International Group, pay $87,432, $78,755, and $73,659, 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 $5.0B.

Industry

Insurance

Revenue

$5.0B

Employees

4,600

Founded in

1852

Headquarters

Worcester, MA

Website

hanover.com

Website

hanover.com

Organization Type

Public

Is This Your Company?

The team at The Hanover Insurance Group

Key People
  • John Roche (ceo)

What do people say about The Hanover Insurance Group

5.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Good work life balance. Challenging and rewarding work. Strong career advancement potential. Show More
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The Hanover Insurance Group Rankings

The Hanover Insurance Group is ranked #17 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

How much does The Hanover Insurance Group pay?
The national average salary for a The Hanover Insurance Group employee in the United States is $64,292 per year. Employees in the top 10 percent can make over $92,000 per year, while employees at the bottom 10 percent earn less than $44,000 per year.
9.2
Salary Score
Average Employee Earnings

The Hanover Insurance Group Salaries By Job Title

While the average employee salary at The Hanover Insurance Group is $64,292, there is a big variation in pay depending on the role. Some of the job titles with high salaries at The Hanover Insurance Group are Regional Vice President, Territory Sales Manager, Finance Officer, and Senior Solutions Consultant. A worker with the title Regional Vice President salary at The Hanover Insurance Group can earn an average yearly salary of $114,076. Other roles at The Hanover Insurance Group include Claims Adjuster and Claims Representative. A Claims Adjuster at The Hanover Insurance Group earns an average yearly salary of $40,899.

The Hanover Insurance Group careers

On average, employees at The Hanover Insurance Group stay with the company for 3.9 years. Employees most commonly join The Hanover Insurance Group after leaving The Hartford. When they leave The Hanover Insurance Group, they most frequently get their next job at Liberty Mutual.

Average Length of Employment
Chubb4.8 years
Travelers4.5 years

The Hanover Insurance Group

3.9 years
CNA Financial3.2 years
Top Employers Before The Hanover Insurance Group
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Top Employers After The Hanover Insurance Group
Staples6.5 %
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The Hanover Insurance Group Employee Political Affiliation

0

Employee Political Donations

NameDonation
Frederick EppingerPresident/Chief Executive Officer
$4,500Republican Party
Jessica MayerVice President
$3,156Democratic Party
Marianne MonteHuman Resources Vice President
$2,500Democratic Party
Frederick Eppinger JrPresident/Chief Executive Officer
$1,750Democratic Party
Alexander YanceyUnderwriter
$1,000Republican Party
James HubbardClaims Adjuster
$1,000Republican Party
Todd ReidExecutive
$750Republican Party
Michael CarleyInsurance
$750Republican Party
Marcus RadleyFinance Director
$720Democratic Party
Jeff BellInsurance
$500Democratic Party
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The Hanover Insurance Group Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1852

Organization type

Public

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The Hanover Insurance Group Subsidiaries

Subsidiaries to The Hanover Insurance Group include Allmerica Property & Casualty Companies and Citizens Insurance Company of America. Employees at the parent company, The Hanover Insurance Group, earn $64,292. In comparison, the salaries at Allmerica Property & Casualty Companies and Citizens Insurance Company of America are $46,796 and $45,640.

The Hanover Insurance Group Competitors

Based on our research, similar companies to The Hanover Insurance Group are Allianz Life, Zurich, and American International Group. The wages at Allianz Life average higher than the other similar companies, where the median salary is $87,432 per year. Employees at Zurich earn an average of $78,755 per year, and the employees at American International Group earn an average salary of $73,659 per year.

Frequently Asked Questions about The Hanover Insurance Group

When was The Hanover Insurance Group founded?

The Hanover Insurance Group was founded in 1852.

How many Employees does The Hanover Insurance Group have?

The Hanover Insurance Group has 4,600 employees.

How much money does The Hanover Insurance Group make?

The Hanover Insurance Group generates $5.0B in revenue.

What industry is The Hanover Insurance Group in?

The Hanover Insurance Group is in the insurance industry.

What type of company is The Hanover Insurance Group?

The Hanover Insurance Group is a public company.

Who are The Hanover Insurance Group's competitors?

The Hanover Insurance Group competitors include Chubb, CNA Financial, Travelers, Progressive Corporation, American International Group, Farmers Insurance, Chubb Insurance Company of New Jersey, Citizens Insurance Company of America, Zurich, Kemper Corporation, GEICO, The Hartford, Great American Insurance, State Auto Insurance, QBE Insurance Corp, Philadelphia Insurance Companies, Amica Mutual Insurance, Allianz Life, Onebeacon Insurance Company, Horace Mann.

Who works at The Hanover Insurance Group?

John Roche (ceo)

Where is The Hanover Insurance Group's headquarters?

The Hanover Insurance Group's headquarters is in Worcester, MA.

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You can find out what it is like to work at The Hanover Insurance Group, also known as THE HANOVER INSURANCE GROUP INC, The Hanover Insurance Group, The Hanover Insurance Group Inc and The Hanover Insurance Group, Inc..

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. 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 The Hanover Insurance Group and its employees or that of Zippia.