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Photo by Frank Aymami<br />

T H R E E - T I M E H O N O R E E<br />

Louisiana<br />

Medical<br />

Mutual<br />

Insurance Co.<br />

When Shawn Paretti began working as a<br />

claims representative for Louisiana<br />

Medical Mutual Insurance Co. in 1994, he knew<br />

immediately that his supervisor valued him.<br />

“He came to my house and delivered a welcome<br />

basket since he had recruited me from<br />

out of town to come back and work,” he said.<br />

“From the beginning, I always felt that they<br />

really wanted me here.”<br />

Paretti hadn’t experienced that sense of<br />

value in his previous career working for a<br />

stock-based insurance company. Because<br />

LAMMICO is a mutual company, the physician<br />

policyholders hold the playing cards<br />

instead of stockholders.<br />

The focus at his old career was on stock<br />

prices, rather than employees’ welfare, said<br />

Paretti, who now works as the division vice<br />

president of insurance operations.<br />

“They even told us, ‘We don’t care about<br />

what you did yesterday. We just want to know<br />

what you’re going to do for us today and tomorrow,’”<br />

Paretti said of his old job. “That was their<br />

motto when I left there. That was how bad it<br />

had gotten.”<br />

At LAMMICO, stories such as Paretti’s<br />

aren’t unique. Other employees, such as payroll<br />

administrator Laura Walker, also have stock<br />

company backgrounds.<br />

“When you’re here, you see the CEO every<br />

day. They know you by name,” Walker said.<br />

“They’re very complimentary of your work.”<br />

Nature of business: medical liability insurance<br />

Where based: Metairie<br />

Employees: 119<br />

Average starting salary: $46,259 for staff, $171,968 for executive<br />

management<br />

Median salary: $60,052 for staff, $180,136 for executive management<br />

Average employment time: nine years<br />

Benefits: health care with 100 percent coverage, dental, vision<br />

and prescription plans, 401(k) with 50 percent match on first 6<br />

percent, paid maternity and paternity leave, continuing education<br />

program, relocation assistance, telecommuting, flexible hours,<br />

employee recognition program, fitness program<br />

Wait time for benefits: first of the month after 30 days of<br />

employment<br />

Paid days off: up to 86.5<br />

Web site: www.lammico.com<br />

LAMMICO employees gather at the office entrance. Bottom row, from left: Karen Nugent, Denise St. Romain and Linda Favalora. Middle row:<br />

Glynis Mulvihill, Dawer Azizi and Lisa Ordoyne. Top row: Fred Kirchgraber, Elkan Weis and Erica Patterson.<br />

In addition to being visible, supervisors also<br />

are good at keeping lines of communication<br />

open, said Linda Berggren, an agency management<br />

specialist who has worked at LAMMICO<br />

for 19 years.<br />

“If you go sit down and talk to your manager,<br />

they will listen to you, they will work with you,”<br />

Berggren said. “They will do anything they can<br />

to help you with your situation.”<br />

The level of human interaction makes for a<br />

great balance of work and fun in the office,<br />

Walker said. Annual office activities such as<br />

Halloween costume competitions, Christmas<br />

parties and Carnival celebrations spice things<br />

up in company departments.<br />

“You may get that in a large company, but<br />

just not in the quality that you would get it<br />

here,” Walker said. “And everyone participates,<br />

from the top man down. It’s not just for the<br />

worker bees.”<br />

Employee appreciation days also leave room<br />

for fun around the office, Paretti said.<br />

“We’ll have a little part of the day that’s like a<br />

roast, and employees roast other employees<br />

and kind of make fun but not in a mean way,”<br />

he said. “They’ll tease them and make up a<br />

funny award, and I’ve been the butt of jokes in<br />

that before. It’s always a lot of camaraderie<br />

among the employees and staff.”<br />

LAMMICO also offers employee perks such<br />

as paid training for any employee who wants<br />

to use it.<br />

“I’ve worked on some continuing education<br />

for insurance certifications, and they’ve paid for<br />

that,” Paretti said. “It doesn’t even have to be<br />

job-related — if you have a clerical employee<br />

who wants to get a degree, LAMMICO will pay<br />

for it, even if she’s the mail clerk. A lot of companies<br />

wouldn’t.”•<br />

— Jessica Williams<br />

28 2009 Best Places to Work

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