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3.9
6 ratings
4.2
Salary & Benefits
4.0
Professional growth
3.7
Work-Life balance
3.7
Recognition & Support
3.8
Culture & Values
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The Hanover Insurance Group is an insurance company which was established in 1852 with its headquarters based in Worcester, Massachusetts, United States. Though remaining a relatively small company over the next 125 years, it’s common stock price multiplied between 1971 and 1983 by over 23 times from its low point in the decade to its eventual peak. It split its shares three-for-two during the end of that period, in 1981, after continuing its growth into the mid-1980s, it split again in 1984 by two-for-one and nearly doubled in price once more by 1985 trading then at a high earnings ratio of 61. At Hanover, the people are dedicated to offering on their promises and being there when it matters the most. The mission of the company is to help its partners, agents and policyholders prepare for and recover from the unexpected. Its vision is to be the foremost property and fatality franchise by serving independent agents modifying the way customers experience insurance.

Company - Public
$5B to $10B
Large
Multiple locations
Finance & Insurance Companies, Insurance Agency & Brokerage Firms
1852

Departments

What departments The Hanover Insurance Group employees work at?
DepartmentsRatio
other occupation32.4%
Financial Analysts and Advisors15.7%
Claims / Appraisers / Investigators14%
Administrative - Other7.6%
Computer / IT - Other7.2%
Sales Managers & Supervisors5.8%
Management - Other5.3%
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Team

Professional experience

Professional Growth

How many years of experience do The Hanover Insurance Group employees have before joining?
Years of experience at The Hanover Insurance Group: Newcomers: 19%, Experiencers: 17%, Experts: 21%, Veterans: 43%. The Hanover Insurance Group employees have 8+ years experience on average before joining.
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Professional Growth

Where did The Hanover Insurance Group employees work before joining?
Where they've worked before The Hanover Insurance Group: Chubb, CNA Insurance, Farmers Insurance. Typical The Hanover Insurance Group employees have worked at Chubb.
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Chubb
CNA Insurance
Farmers Insurance

Professional Growth

What industries did The Hanover Insurance Group employees work in previously?
Industry Background: The most typical industries of The Hanover Insurance Group: Insurance Agency & Brokerage Firms, Direct Insurance Companies, Finance & Insurance Companies, Commercial Banking Companies, Colleges / Universities. The Hanover Insurance Group employees most likely come from a Insurance Agency & Brokerage Firms industry background.
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Professional Growth

Where did The Hanover Insurance Group employees work before joining?
Past employers' size at The Hanover Insurance Group: Small: 26%, Medium: 11%, Large: 63%. Most The Hanover Insurance Group employees have previously worked at large companies.
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Educational background

Educational background

What did employees at The Hanover Insurance Group study?
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Top educational institutions

Where did employees at The Hanover Insurance Group study?
Assumption College
Nichols College
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Employee data

Professional Growth

How long do people stay in a role at The Hanover Insurance Group?
Time employed at The Hanover Insurance Group: <1: 9%, 1-3: 25%, 4-8: 40%, 9-13: 13%, 14-20: 7%, 20+: 6%. Most The Hanover Insurance Group employees stay with the company for 4-8 years which is the same as the industry average.
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Culture & Values

How does The Hanover Insurance Group rank for age & gender diversity?
Gender ratio at The Hanover Insurance Group: 53.4% Male and 46.6% Female. Age ratio at The Hanover Insurance Group: 16-20: 0%, 21-30: 35%, 31-40: 32%, 41-50: 18%, 51-60: 13%, 60+: 2%. The Hanover Insurance Group rates - 3.6% more female than the industry average. Most The Hanover Insurance Group employees are 21-30, which is below the industry median age range.
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Professional Growth

What are the top roles at The Hanover Insurance Group?
Top roles of The Hanover Insurance Group: Underwriter, Underwriting Technician, Claims Adjuster, Vice President, Business Analyst. The top role at The Hanover Insurance Group is Underwriter.
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Underwriter
Underwriting Technician
Claims Adjuster
Vice President
Business Analyst

Career advancement

Professional Growth

How does The Hanover Insurance Group rank for career advancement?
Career advancement at The Hanover Insurance Group: high. The Hanover Insurance Group ranks high for career advancement which is above the industry average.
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Professional Growth

What companies do The Hanover Insurance Group employees go on to work at?
Future employers of The Hanover Insurance Group: Chubb, CNA Insurance, Dell EMC, Liberty Mutual Insurance, Mapfre. People who work at The Hanover Insurance Group most typically go on to work for the Chubb.
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Chubb
CNA Insurance
Dell EMC
Liberty Mutual Insurance
Mapfre