We’ve all seen the best companies to work for lists, or the great workplace awards or the company with the most desirable benefits ranking. What about if you are an Actuary? Executive Recruiter, Rory Hauser, pulls together information from many of these “best lists” to share with you the Best Companies for an Actuary.
TIAA-CREF now renamed more simply TIAA ranks #19 on Business Insider and PayScale’s 50 Best Companies to Work for in America. This is right in there with tech giants like #1 Google, #5 Facebook and #9 Microsoft. Maybe it has to do with 40% of TIAA employees having the ability to work remotely when they need to and the plethora of employee-resource groups within the company for smoother on-boarding or just simple networking.
USAA flies a little under the general population radar because of its military focus. They provide banking, investing and insurance to former and current military families. The homogeneity of experience in their employees, the firm’s emphasis on work-life balance and on-site amenities at their San Antonio headquarters like a fitness and wellness clinic all help contribute to their 83% employee high job satisfaction.
Nationwide has a spot on almost every “best of” list. As a 2017 Fortune 100 Best Company to Work For an amazing 91% of employees check, “I’m proud to tell other people I work here.” Even more, 93%, feel good about the ways the company contributes to the community. For example their Feeding American Food Bank delivered over 30 million meals over the past ten years and their employees have given $17 million to United Way.
After the acquisition of Chubb by Ace in early 2016, Chubb, Ltd became one of the largest property and casualty insurers on the planet with 31,000 employees. Chubb has one of the industries highest employee retention rate for high performers at 96%. Patti Ewen, SVP of HR at Chubb-Canada, says, “You’re able to attract top talent. You get them, you keep them, everybody’s fired up, everybody’s having fun, nobodies leaving.”
NEW YORK LIFE
New York Life, per the Fortune 500 2017 list, is the largest mutual life insurance company in the United States. They also lead the insurance industry in workplace equality and diversity. They are ranked in the top 60 companies for executive women by the National Association for Female Executives. The Human Rights Campaign Foundation gave them a perfect score for LGBT workplace equality and Diversity, Inc said they are one of the top 50 companies for diversity.
Allianz was the only insurance company in the Top 50 of the world’s strongest brands in 2016 and that was their third year in a row in that top 50 listing. Employee’s rankings of often or almost always are 95% or better in great challenges, great atmosphere, great rewards, great communication, great bosses and, clearly, great pride in where they work.