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Headquarters: One Chase Manhattan Plaza
New York, NY 10005
Employees: 14,500
CEO: Robert Pollock
: http://www.assurant.com

Stock Symbol: AIZ

Career Page

Assurant, Inc. is a provider of specialty insurance products in the U.S. and select worldwide markets. Assurant partners with industry market leaders to deliver security and peace of mind for our customers.

The company operates its business through four business segments: Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property.

.Assurant businesses provide mobile device protection; debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; solar project insurance; lender-placed homeowners insurance; renters insurance and related products; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance.

In 2013, Assurant reported revenues of $9.0 billion and net income of $488.9 million.

Headquartered in New York City’s financial district, Assurant operates in 12 countries with approximately 14,500 employees worldwide.

The company had assets of over $29.7 billion at the end of 2013.


The company originated in 1977 when N.V. AMEV of the Netherlands made its first acquisition in the U.S., Time Insurance Company (now Assurant Health), via the U.S. holding company AMEV Holdings, Inc.

In 1984, the acquisition of Western Life creates the Fortis Financial Group. In 1991, AMEV Holdings is renamed Fortis, Inc.

In 1994, American Bankers Insurance Group in Miami, FL, one of the two leading U.S. credit-related insurers, is acquired. American Bankers is combined with American Security Group to form Assurant Group (now Assurant Solutions).

In 2003, Fortis announces its intention to sell Fortis, Inc. via an initial public offering. Fortis, Inc. begins process of becoming Assurant -- a publicly traded company.

Assurant is born in 2004 when Fortis, Inc. completes its initial public offering process and begins to trade on the New York Stock Exchange.


Assurant provides Medical, Dental, Life and Disability Insurance,  Basic Life, Basic Accidental Death & Dismemberment, Short-Term and Long-Term Disability benefits. In addition, employees can choose the level of their benefits coverage, including Medical, Dental and Life Insurance.

401(k) Plan
Employees can defer up to 50% of their pre-tax eligible compensation through the 401(k) program. Assurant contributes 100% on the first 3% of pay the employee contributes on a pre-tax basis and 50% on the next 2% of pay the employee contributes pre-tax. After five years of service, Assurant will contribute two-for-one ($2 for every $1 employee contributes) on the first 3% and 50¢ on the dollar for the next 2%. Employees are 100% vested after three years of service.

Retirement Plan
The retirement plan is 100% company-paid. Employees are 100% vested after three years of service.

Flexible Spending
Health Care and Dependent Care Flexible Spending Accounts are available and designed to lower an employee's taxable income and fund qualified health-care and dependent-care expenses. The Health Care Spending Account reimburses eligible out-of-pocket medical, dental and vision expenses on a pre-tax basis up to $5,000 per year. The Dependent Care Spending Account reimburses eligible day-care and elder-care expenses on a pre-tax basis up to $5,000 per year.

Employee Stock Purchase Plan
A company-sponsored Employee Stock Purchase Plan (ESPP) is available which allows employees to buy shares of Assurant, Inc. stock at a 10% discount with funds contributed through after-tax payroll deductions. There are two six-month offering periods each year (January 1 through June 30 and July 1 through December 31), with stock purchases made at the end of each offering period.

Tuition Reimbursement Assistance & Education LifeWorks
Assurant's philosophy emphasizes the development of employees on the job as well as through accredited educational institutions. In support of this philosophy, Assurant reimburses tuition fees for approved courses and provides in-house training programs for technical and non-technical skills.

Community Involvement / Gift Match Program
Employees are encouragd to give back to their communities and commend those who actively take time to assist and support those around them. Assurant also matches employee donations of $25, to a maximum of $1,500, to eligible organizations.

Work/Life Balance
Some options that may be available to employees depending upon your responsibilities include flexible work schedules, job sharing and part-time employment. Employees are also allowed the option to buy up to an additional week's vacation each year on a pre-tax basis.

Updated February 22, 2014


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