Mission of service helps reward Amica workers

By John Larrabee
Contributing Writer
In a decade that has seen too many layoffs and company closings, job security may well be among the best things about working at Amica Mutual Insurance Co. More

To continue reading this article, please do one of the following.



BEST PLACES TO WORK

Mission of service helps reward Amica workers

PBN PHOTO/BRIAN MCDONALD
REACHING NEW HEIGHTS: A lunch time yoga class on campus is just one of the many parts of Amica Mutual Insurance’s employee-centered culture.
By John Larrabee
Contributing Writer
Posted 6/17/13

In a decade that has seen too many layoffs and company closings, job security may well be among the best things about working at Amica Mutual Insurance Co.

The Lincoln company has had no staff reductions in recent years. Robert A. DiMuccio, the chairman, president and CEO, commented on that record with understatement: “We’ve been here 107 years. We consider ourselves a stable company.”

Of course, stability would mean less if work at Amica failed to provide rewards. The company makes sure its 3,130 employees want to stay on the job by offering fair compensation, generous benefits, opportunities to advance, job satisfaction and a sense of community.

“We’re a service-based company,” said Paul Pyne, Amica’s chief operating officer. “Our mission is providing peace of mind. Our employees are the ones who accomplish that. They take the time to know customers as individuals, to determine which products would be best for them. To build that peace of mind, we’ve developed an employee-centered culture.”

The result is that employee turnover at Amica is half the average rate for the insurance industry. “The average length of time our employees have been with us is 12 years, but we have a number of people who’ve been with us more than 25 years,” said Jill Andy, senior vice president of human resources.

Longevity is so valued at Amica that when a staff member reaches that 25-year milestone, his or her name is engraved on a brick, to be displayed near the fountain on the company campus. Amica offers reduced schedules for older employees who are contemplating retirement but would prefer to remain in the workforce at fewer hours. Amica also rehires some retired employees on a part-time basis.

Working at Amica offers some soul-satisfying dividends, Pyne said. “When you read about the tornados that caused so much destruction in Oklahoma, you’re reminded that you’re involved with an organization that helps people recover from such disasters,” he said. “It’s rewarding to help people through a difficult time in their lives.”

Next Page
Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement