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Total Rewards

Compensation, Benefits & Professional Development


MIB's Total Rewards investment is a philosophy to provide competitive wages, opportunities for incentives, and a comprehensive benefits package to attract and retain Associates.

MIB currently offers the following benefits:

  • Medical, Dental, and Prescription plans
  • 401(k) Retirement Savings plan with a 50% match up to 6% and a 3% non-elective contribution
  • Flexible Spending Accounts
  • Basic Life Insurance up to 2 times base salary
  • Supplemental Life and AD&D coverage
  • Short-Term & Long-Term Disability
  • Long-Term Care
  • Legal Services plan
  • Employee Assistance Program (EAP)
  • Auto/Home insurance plans
  • Accrued Paid time off including vacation (3 weeks)
  • Paid holidays
  • Identity theft insurance plan
  • Wellness programs
  • Casual dress
  • Flexible schedules
  • Free parking
  • Free shuttle to the Quincy Adams Red Line T stop

MIB also provides excellent training and professional development opportunities including, but not limited to:

  • MIBLI (MIB Leadership Institute) internal leadership program
  • Technical training
  • Software training
  • Tuition reimbursement program
  • Sponsorship of professional certification exams
  • Online learning resources

In order to remain competitive, MIB's Total Rewards may be subject to change.

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Together with its members, MIB strengthens the industry, ensuring that companies can offer — and consumers can purchase — affordable life and health insurance protection.


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