How many employees work at Merchants Insurance Group?
Merchants Insurance Group has approximately 376 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Merchants Insurance Group’s total headcount has declined 0.8% from 379 employees in 2023 to 376 in 2026.
Is Merchants Insurance Group hiring right now?
Yes, Merchants Insurance Group is actively hiring. Merchants Insurance Group had 24 active job postings in 2026, a 34.1% increase from 2025 — see job openings & hiring trends.
About Merchants Insurance Group’s Workforce
Merchants Insurance Group is a Financial Services company that employs 376 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1918, the company is headquartered in Buffalo, New York.
Merchants Insurance Group's workforce has declined 0.8% from 2023 to 2026, down 1.2% year over year in 2026. It fell to a low of 371 in 2025 Q3 before recovering. Its workforce is concentrated most in North America (98.8%), followed by South Asia (0.8%) and Western Europe (0.4%).
Merchants Insurance Group's functional groups are Finance and Operations (54.7%), Engineering (31.2%), and Sales and Marketing (14.2%), with Finance and Operations growing fastest (up 1.8%). The average salary is $95,897, highest in North America at a median of $88,000, up 1.2% year over year in 2026.
Merchants Insurance Group's active job postings rose 34.1% in 2026 to 24, with new postings per month cooling from 20 in 2023 to 6 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Buffalo, New York
- Founded
- 1918
- Industry
- Financial Services
- Employees
- 376
- YoY
- -1.2% (+2)
As of March 2026
Merchants Insurance Group workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Merchants Insurance Group. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMerchants Insurance Group Annual Employee Count (2023-2026)
- Merchants Insurance Group had 376 employees in 2026, a 1.2% decline (+2) from 2025.
- Merchants Insurance Group had 373 employees in 2025, a 1.3% decline (-13) from 2024.
- Merchants Insurance Group had 386 employees in 2024, a 0.1% increase (+4) from 2023.
- Merchants Insurance Group had 382 employees in 2023, a 1.9% increase (+10) from 2022.
Merchants Insurance Group's total workforce has grown from 371 employees in 2025 to 376 in 2026. Merchants Insurance Group's headcount peaked at 392 in 2024 before declining in 2025 and recovering through 2026.
Merchants Insurance Group quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 376 | +2 | -1.2% |
| 2025 | Q4 | 373 | -13 | -1.3% |
| 2025 | Q3 | 371 | -15 | -0.1% |
| 2025 | Q2 | 377 | -15 | -0.8% |
| 2025 | Q1 | 374 | -11 | +0.3% |
| 2024 | Q4 | 386 | +4 | +0.1% |
| 2024 | Q3 | 386 | +4 | -0.0% |
| 2024 | Q2 | 392 | +13 | +0.6% |
| 2024 | Q1 | 385 | +15 | +1.0% |
| 2023 | Q4 | 382 | +10 | +1.9% |
| 2023 | Q3 | 382 | +8 | +0.7% |
| 2023 | Q2 | 379 | +6 | +0.3% |
See Merchants Insurance Group's complete headcount history, including quarterly breakdowns.
Get the DataMerchants Insurance Group Employee Count by Region (2026)
North America accounts for the largest share of Merchants Insurance Group's global workforce with approximately 99% of total employees, followed by South Asia and Western Europe.
Merchants Insurance Group employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 368 | 98.8% |
| South Asia | 3 | 0.8% |
| Western Europe | 1 | 0.4% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMerchants Insurance Group Employee Count by Department (2026)
Merchants Insurance Group's employee groups are Finance and Operations (54.7%), Engineering (31.2%), and Sales and Marketing (14.2%).
Merchants Insurance Group employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 202 | 54.7% |
| Engineering | 115 | 31.2% |
| Sales and Marketing | 52 | 14.2% |
Compare Merchants Insurance Group's department mix to industry peers.
See Full DataMerchants Insurance Group Employee Salary by Region (2026)
Merchants Insurance Group's average employee salary is $95,897 globally. Employees in North America receive the highest compensation.
Merchants Insurance Group median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $88,000 |
Unlock salary by role, level, and city — and compare to Merchants Insurance Group's industry peers.
Unlock Salary DataMerchants Insurance Group Job Openings and Hiring Trends (2023-2026)
- Merchants Insurance Group had 24 active job postings in 2026, a 34.1% increase (-4) from 2025.
- Merchants Insurance Group had 28 active job postings in 2025, a 94.7% increase (+18) from 2024.
- Merchants Insurance Group had 10 active job postings in 2024, a 71.0% decline (-11) from 2023.
- Merchants Insurance Group had 21 active job postings in 2023, a 25.0% decline from 2022.
- Hiring velocity in 2026: 6 new roles/month, down from 13 in 2025 and 8 in 2024.
Merchants Insurance Group's active job postings rose 34.1% in 2026 to 24, with new postings per month cooling from 20 in 2023 to 6 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMerchants Insurance Group Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Merchants Insurance Group's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Merchants Insurance Group
- How fast is Merchants Insurance Group growing?
- In 2026, Merchants Insurance Group's headcount shrank 1.2% to 376 employees, up from 374 in 2025.
- See the full headcount history
- Where are Merchants Insurance Group employees located?
- Most Merchants Insurance Group employees are based in North America (98.8% of headcount), followed by South Asia and Western Europe.
- Explore where the workforce is based
- What is the average salary at Merchants Insurance Group?
- The average employee salary at Merchants Insurance Group is approximately $95.9k per year.
- Analyze the salary distribution
- How many new job postings does Merchants Insurance Group open per year?
- In Q1 2026, Merchants Insurance Group opened 18 new job postings. In 2025, Merchants Insurance Group opened 154 new job postings — about 13 per month.
- Track hiring trends by role
- When was Merchants Insurance Group founded and where is it headquartered?
- Merchants Insurance Group was founded in 1918 and is headquartered in Buffalo, New York.
- Compare Merchants Insurance Group to industry peers
Speak with a workforce expert about Merchants Insurance Group.
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