At CoVerica Insurance coverage, workers reside by 4 precepts: Die to self (i.e., put aside your satisfaction, biases, prejudices and private historical past); Actions sought to assist the most effective pursuits of all concerned; Do the appropriate issues for the appropriate causes; and Conduct open and trustworthy dialogue.
The precepts are greater than only a slogan. They form the corporate’s tradition and philosophy. Workers say the company lives by its phrase, providing employees a spot the place they’ll discover long-term skilled success by abiding by the corporate’s core ideas.
Employees additionally reward CoVerica for offering aggressive compensation and advantages, selling worker development and coaching, and actively supporting the neighborhood.
Workers at CoVerica efficiently nominated the corporate for Insurance coverage Journal’s 2023 Greatest Company Work For – Silver award winner for the South Central area. The Dallas-based company, which turns 40 this 12 months, focuses on industrial, private and life/medical health insurance options.
“It appears like a validation that what we’ve been doing is the appropriate factor to do be doing,” Mike Sterlacci, founding father of CoVerica, mentioned of his workers’ actions. CoVerica is an enormous believer in the entire individual, Sterlacci mentioned, a sentiment shared by its workers.
“You can be an intern or you possibly can be an govt and the door is at all times open,” mentioned Garrett Cooper, director of know-how improvements at CoVerica. “And it’s life, it’s not simply work.”
“I really feel like CoVerica actually cares about me as a person, and never simply employee #72,” an worker wrote. “They are surely desirous about their workers, and the way they’ll make everybody’s current and future lives higher.”
A technique CoVerica ensures that workers are properly located for achievement is by utilizing Tradition Index, which explores a employees’ persona to know what drives them.
The target is to discover a position that matches an worker to their strengths.
CoVerica meets with members one-on-one yearly to evaluation their Tradition Index survey and tackle whether or not any modifications must be made.
“Have at all times had a optimistic expertise with these,” one worker wrote. “All the time gotten good wage bumps and efficiency suggestions may be very constructive.”
A number of workers recommended CoVerica for its open and constant communication. The transparency extends past workplace partitions to how the corporate sells insurance coverage.
“The watchwords at CoVerica are to be Open and Sincere – in each facet, in all dealings, with everybody we are available in contact with,” one worker wrote. “Each resolution asks one query – is the choice good for all events concerned? Solely whether it is, ought to we transfer ahead. That is uncommon in a enterprise world the place so many corporations search to win in a transaction.”
CoVerica workers additionally reward the company’s compensation and advantages. These embody tuition reimbursement, full funding for certifications, beneficiant PTO, a 401k plan and an worker inventory program. Moreover, CoVerica’s workplace features a health club with private trainers, a social deck and a full kitchen, in addition to office chaplains.
“They are surely desirous about their workers, and the way they’ll make everybody’s current and future lives higher,” one worker wrote.
CoVerica and its workers are in flip extremely motivated in giving to native fundraising and volunteer initiatives. The company’s charity arm, CoVerica Cares, donated $40,000 final 12 months.
“Our values of empathy, optimistic influence, serving to others, going through challenges, and unwavering integrity are evident in our staff,” mentioned an worker.
Sterlacci encourages different company homeowners to find their North Star and perceive what success means to them.
“What’s it that you simply’re working for? Why is that you simply stand up and go to work every single day? After which when you possibly can determine that out as an proprietor, then you definitely’re clear about that to your employees, so that you’re clear about the place you’re coming from and the place you’re going,” he mentioned.
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