CSAA Insurance Group Named One of Seramount's 2023 Top 75 Companies for Executive Women

WALNUT CREEK, Calif., Sept. 19, 2023 – CSAA Insurance Group, a AAA insurer, has been named one of the 2023 Top 75 Companies for Executive Women by Seramount. The list highlights the top workplaces for women advancing through the corporate ranks. It celebrates companies that champion women’s achievements, with a focus on succession planning, profit-and-loss roles, gender-pay parity, support, and flexibility programs. 

Seramount continues to explore ways organizations can move more women into top executive roles by highlighting the successes at these trailblazing companies. The complete list can be found here.

"We have made great strides the past few years for female representation in our leadership ranks," said Melissa Jones, executive vice president and chief human resources officer at CSAA Insurance Group. "Female representation is less than a percentage point below the U.S. Labor Market at the supervisor, manager, and executive ranks, combined – and we continue to make progress."

Highlights of the 2023 Top 75 Companies for Executive Women

• There has been a significant jump at the CEO level, with 17 percent of companies reporting a woman CEO, up from 13 percent in 2022.
• The pipeline to the top is also increasing – 39 percent of candidates to be CEO or in the C-suite are women, an increase of 5 percent from 2022.
• Forty-seven percent of the top 20 percent highest-paid employees are women, up from 45 percent last year.
• Fifty-nine percent of employees receiving promotions were women, up from 55 percent in 2022. Of the promotions to corporate executive (top two levels under the CEO), 42 percent were awarded to women.
• Ninety-six percent have programs or systems for identifying high-potential women, an increase of 4 percent from 2022.
• Seventy-five percent offer trainings for women to prepare them for profit-and-loss management positions, an increase of 4 percent from 2022.
• Ninety-nine percent conduct pay-equity analyses for gender compared to 97 percent in 2022.
• Eighty-seven percent hold managers accountable through annual performance reviews for hiring and advancing women, up from 77 percent in 2022.

About Seramount

Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 450 of the world’s most influential companies, large and small, to offer pragmatic solutions, including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower organizations to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

About CSAA Insurance Group

CSAA Insurance Group, a AAA Insurer, offers automobile, homeowners and other personal lines of insurance to AAA Members through AAA clubs in 23 states and the District of Columbia. Founded in 1914, the company has been rated “A” or better by AM Best for more than 90 years, and is one of the top personal lines property casualty insurance groups in the United States, according to the National Association of Insurance Commissioners. The company has been repeatedly named one of the 50 most community-minded companies in America by Points of Light. More information is available at http://csaa-insurance.aaa.com and on social media (Facebook, LinkedIn, Instagram, Tik Tok and YouTube).

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