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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 48.9% female and 36.1% ethnic minorities. The Hanover Insurance Group employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 55.1% 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 $68,031 per year, which is competitive for its industry and location. Some of its highest paying competitors, Citizens Property Insurance, Tower Group, and Royal and SUN Alliance USA Insurance Pool, pay $70,512, $70,399, and $69,857, 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

www.hanover.com

Organization Type

Public

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The Team At The Hanover Insurance Group

Key People
  • John Roche (ceo)

The Culture At The Hanover Insurance Group

Information provided by the company
If you love working in a collaborative, innovative and learning environment, then we want to hear from you.
LEADERSHIP CAPABILITIES: As a people leader, this individual is expected to bring out the best in people by enabling them to continuously perform, learn and grow through….
Intellectually curious.
Demonstrates The Hanover's core values of collaboration, accountability, respect and empowerment..

The Hanover Insurance Group Reviews

Zippia Official Logo

5.0

Zippia UserJuly 2019

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

What DON'T You Like About Working There?

Hiring process is slow. Too many qualifying interviews. Show More

What Are Your Favorite Benefits/Perks?

401K participation and generous company match. Show More
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The Hanover Insurance Group Rankings

The Hanover Insurance Group is ranked #6 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 $68,031 per year. Employees in the top 10 percent can make over $120,000 per year, while employees at the bottom 10 percent earn less than $38,000 per year.
9.6
Salary Score
Average Employee Earnings

The Hanover Insurance Group Salaries By Job Title

The average employee at The Hanover Insurance Group earns a yearly salary of $68,031 per year, but different jobs can earn drastically different salaries. The higher paying positions at The Hanover Insurance Group include property adjuster, actuary, actuarial assistant, and actuarial internship. A typical property adjuster salary at The Hanover Insurance Group is $135,419 per year. To get a better sense of the salaries at The Hanover Insurance Group, other roles such as underwriting technician and claim processor can be considered as well. For comparison, the title underwriting technician at The Hanover Insurance Group earns $27,466 per year.
Job Title
Title
ascdesc
Average Salarydesc
Property Adjuster
Salary Range123k - 148k$135k$135,419
Actuary
Salary Range99k - 148k$122k$121,636
Actuarial Assistant
Salary Range96k - 142k$118k$117,749
Actuarial Internship
Salary Range96k - 142k$117k$117,328
Enterprise Architect
Salary Range108k - 117k$113k$113,262
Weblogic Administrator
Salary Range102k - 110k$106k$106,280
Team Leader
Salary Range90k - 105k$98k$97,894
Qlikview Developer
Salary Range93k - 102k$97k$97,490
Senior Software Engineer
Salary Range89k - 104k$96k$96,308
Quality Assurance Lead
Salary Range90k - 101k$96k$95,728
$72k
$148k

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

Chubb Limited
5.1 years
Progressive
3.5 years

Top Employers Before The Hanover Insurance Group

Top Employers After The Hanover Insurance Group

Staples
6.5 %

The Hanover Insurance Group Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

The Hanover Insurance Group Employees Education

Of the 4,600 employees at The Hanover Insurance Group, 10.9% attended Assumption College. Employees at The Hanover Insurance Group most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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The Hanover Insurance Group Employee Political Affiliation

The Hanover Insurance Group employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a The Hanover Insurance Group employee was by Frederick Eppinger. Frederick Eppinger donated $4,500 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Frederick EppingerPresident/Chief Executive Officer
Frederick Eppinger
President/Chief Executive Officer
President/Chief Executive Officer
Republican Party
Republican Party
$4,500Republican Party
$4,500
Jessica MayerVice President
Jessica Mayer
Vice President
Vice President
Democratic Party
Democratic Party
$3,156Democratic Party
$3,156
Marianne MonteHuman Resources Vice President
Marianne Monte
Human Resources Vice President
Human Resources Vice President
Democratic Party
Democratic Party
$2,500Democratic Party
$2,500
James PeteUnderwriter
James Pete
Underwriter
Underwriter
Republican Party
Republican Party
$1,985Republican Party
$1,985
Frederick Eppinger JrPresident/Chief Executive Officer
Frederick Eppinger Jr
President/Chief Executive Officer
President/Chief Executive Officer
Democratic Party
Democratic Party
$1,750Democratic Party
$1,750
Marcus RadleyFinance Director
Marcus Radley
Finance Director
Finance Director
Democratic Party
Democratic Party
$1,195Democratic Party
$1,195
Kelly StacyExecutive
Kelly Stacy
Executive
Executive
Democratic Party
Democratic Party
$1,122Democratic Party
$1,122
Alexander YanceyUnderwriter
Alexander Yancey
Underwriter
Underwriter
Republican Party
Republican Party
$1,000Republican Party
$1,000
James HubbardClaims Adjuster
James Hubbard
Claims Adjuster
Claims Adjuster
Republican Party
Republican Party
$1,000Republican Party
$1,000
Todd ReidExecutive
Todd Reid
Executive
Executive
Republican Party
Republican Party
$750Republican Party
$750
Show More

The Hanover Insurance Group Financial Performance

10.0
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 Competitors

Some of the competitors of The Hanover Insurance Group are Citizens Property Insurance, Tower Group, and Royal and SUN Alliance USA Insurance Pool. The average salaries at Citizens Property Insurance rank the highest, with their employees earning an average salary of $70,512 per year. The employees at Tower Group earn an average yearly salary of $70,399 per year, and the salaries at Royal and SUN Alliance USA Insurance Pool average $69,857 per year.
Companydesc
Average Salarydesc
Citizens Property Insurance
Salary Range54k - 90k$71k$70,512

Tower Group

Salary Range49k - 100k$70k$70,399

Royal and SUN Alliance USA Insurance Pool

Salary Range52k - 92k$70k$69,857
American International Group
Salary Range49k - 95k$68k$68,329
QBE Insurance
Salary Range48k - 92k$67k$66,969
OneBeacon Insurance Group
Salary Range49k - 90k$67k$66,963
Selective Insurance
Salary Range49k - 89k$67k$66,691
Grange Insurance
Salary Range45k - 77k$59k$59,147
Chubb Limited
Salary Range41k - 79k$57k$57,278
Mercury General
Salary Range43k - 74k$57k$56,550
$25k
$100k

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 Limited, Philadelphia Insurance Companies, Progressive, Farmers Insurance Group, CNA Financial, Kemper, Safeco, Crawford & Company, Infinity Property & Casualty Corporation, Citizens Property Insurance, Grange Insurance, Mercury General, OneBeacon Insurance Group, American International Group, Royal and SUN Alliance USA Insurance Pool, Travelers, Liberty Mutual, Tower Group, QBE Insurance, Selective Insurance.

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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Updated December 31, 2020

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.

The Hanover Insurance Group may also be known as or be related to THE HANOVER INSURANCE GROUP INC, The Hanover Insurance Group, The Hanover Insurance Group Inc and The Hanover Insurance Group, Inc.