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      Preferred Mutual

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      Preferred Mutual reviews

      HIgh Turnover - Territory Manager Preferred Mutual Employee Review

      2.0
      21 Sept 2023
      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.

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      1.0
      16 Jun 2025
      Claims management
      Recommend
      CEO approval
      Business outlook

      Pros

      Remote, flex time, usually bonus structure (but those numbers are sometimes manipulated so that no profit sharing is paid out), and that is about it.

      Cons

      Location is major con. Senior Management is not good and specifically to claims, does not know how to manage claims and does not know the basics, like the litigation process, reserving, etc. Fortunately they have good unit managers who make the decisions and Senior Management just follows. It is really quite shocking. PMIC is also behind other carriers in bringing new product to market. Others are usually a year or even 2 ahead of PMIC even thinking of adding on.

      3
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