Does Preferred Mutual pay their employees well?

According to anonymously submitted Glassdoor reviews, Preferred Mutual employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Preferred Mutual. This rating has been stable over the past 12 months.

How satisfied are employees working at Preferred Mutual?

67% of Preferred Mutual employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Preferred Mutual 3.6 out of 5 for work life balance, 3.6 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at Preferred Mutual?

Claims Representative (3) , Specialist (3) , Anonymous- Salaried Staff (2) , Business Services (2) , Claims Adjuster (2) , Customer Service Representative (2) , Management (2) , Manager (2) , Senior Rate Technician (2)

What are the pros of working at Preferred Mutual according to real employee reviews?

"Benefits are good." ((in 9 reviews)); "CEO is brilliant book smart." ((in 6 reviews)); "Lots of perks for the employees and the CEO definitely cares about the employees." ((in 5 reviews)); "There are SOME minor pros.. but cross training is great.. 3 managers instead of 1." ((in 4 reviews)); "Good salary, good benefits, company car" ((in 4 reviews))

What are the cons of working at Preferred Mutual according to real employee reviews?

"Poor Management and false statements on how great the company cares for its employees." ((in 6 reviews))

Preferred Mutual Reviews

3.5

67% would recommend to a friend

(83 total reviews)

Christopher Taft

79% approve of CEO

63% positive business outlook

Preferred Mutual has an employee rating of 3.5 out of 5 stars, based on 83 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Preferred Mutual employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

83 reviews

2.0

12 Sept 2018

Anonymous

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Vacation time, benefits, pay is average

Cons

Employee morale has taken a turn for the worse, many employees are feeling overworked and under appreciated. Several have already left. Management's expectations are often unrealistic and unattainable.

Preferred Mutual Response

7y

First, thanks for taking the time to leave a review. Each and every review is helpful to us! But, more importantly, we're sorry you feel this way. Talking with your manager or HR may help find ways to ease that overworked feeling. We appreciate you and all our employees, so we'll continue to work to ensure that appreciation shines through.

2.0

21 Sept 2023

HIgh Turnover

Territory manager

Recommend

CEO approval

Business outlook

Pros

Pros are becoming fewer and fewer, not the company it used to be.

Cons

Incredibly high turnover, 3 Chief UW managers in 3 years, 6 Territory manager in 3 years. Takes almost a year for positions to be filled,meanwhile other team members have to pick up the slack without any additional compensation or even acknowledgement. Small company , so limited resources available to do you job. Some members of leadership have no business being in the positions they are in.

1.0

2 Sept 2016

6 year employee

Operations

Recommend

CEO approval

Business outlook

Pros

Finally embracing flex work schedules for some and adding diversity. Nice birthday gifts and picnic.

Cons

Low pay, although they will tell you otherwise. I have a family member at another local Insurance business in the same role, less experience than me, making $30,000 more and pays less for healthcare. HUGE segregation of status and pay based on level. Extremely male dominated in the executive roles with two women directors, who seem to work harder than the senior executives.

Viewing 1 - 3 of 83 Reviews

Jobs at Preferred Mutual

Senior Financial Analyst

Claims Care Representative-Hybrid in New Berlin, NY

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