FORTUNE magazine released its 2012 list of "100 Best Companies to Work For," which contained four insurers and a handful of vendors and consultants that play in the insurance space.

The top-rated carrier on this year's list is USAA, which provides a full range of financial services to member of the U.S. military and their families. The insurer, ranked at number 20 (down from 17 last year) has a 7% job growth and 23,211 U.S. employees. Fortune points to the insurer’s large headquarters — with a medical clinic, an indoor walking path, and tennis, basketball, and volleyball courts — as one reason it made the list.

The insurer next on the list at 47 is American Fidelity Assurance. The insurer, also falling on the list from 39 has 0% job growth and 1,490 U.S. employees. Fortune says 18% of the insurer’s employees have been with the company more than 20 years, and all employees get an annual holiday bonus or incentive package, plus a defined-benefit pension plan.

New to the list this year is Allianz at number 51. The German-owned insurer has 1,711 U.S. employees and a 2% job growth. Allianz uses the month of September to develop and celebrate employees, ending with an awards ceremony held in a tent the size of a football field set up in the parking lot, says Fortune.

Making the list for the 14th straight year is Aflac. The insurer — with a 4% job growth and 4,242 U.S. employees — fell from 57 in 2011 to 77 in 2012. Fortune points to the action employees take in negative times. “When the earthquake and tsunami struck in Japan, U.S. employees raised $100,000 to send to their kazoku (extended family) there,” says Fortune.

Other companies operating the insurance technology space that made the list include

The Boston Consulting Group (2), SAS (3), NetApp (6), (27), Adobe (41), PricewaterhouseCoopers (48), Ernst & Young (59), Deloitte (67), Microsoft (76), Booz Allen Hamilton (84), Cisco (90), Accenture (92) and KPMG (94).

Carrie Burns writes for Insurance Networking News, a SourceMedia publication.

Register or login for access to this item and much more

All Employee Benefit Adviser content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access