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Farmers Insurance Group

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Farmers Insurance Group reviews

3.2

44% would recommend to a friend

(6,850 total reviews)
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Raul Vargas

42% approve of CEO

42% positive business outlook

Farmers Insurance Group has an employee rating of 3.2 out of 5 stars, based on 6,850 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Farmers Insurance Group employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

7K reviews
4.0
Apr 14, 2011
Recommend
CEO approval
Business Outlook

Pros

1. The benefits are outstanding! (Vacation accrual is the best in the business! You have lots of opportunities to take a lot of a vacation, even after being there only a year. Health benefits are excellent as well.) 2. Competitive Salary and Compensation. (Farmers is in line with what other companies offer, in some cases a little bit more. Eligible full time employees also have the opportunity to participate in Farmers Profit Sharing program, which is surprisingly good.) 3. Lots of opportunity for growth and development. (Like the company, but don't like your position? Being a large company, Farmers has lots of departments and there are always openings. Although the exact position you may want may not be available all the time, there are plenty of opportunities for openings. If you are willing to relocate, the opportunities are almost endless. 4. Training Program is top notch. (I worked for 2 other insurance companies prior to coming to Farmers. Farmers has been the best so far. They invest a lot of money and time into training their employees. I trained for over 3 months before I started in my position.) 5. Good upper management (With most companies, upper management says they care about their employees but their actions clearly indicate the opposite. Not at Farmers. Farmers upper management says they care and I get the feeling they really do. They are by no means perfect. And there are times they make decisions to do things that aren't very popular on the front lines. But, they listen to constructive feedback and if it's possible to change, they change. Insurance is a tough business, sometimes tough decisions have to be made that aren't the most popular, but I do get the feeling upper management looks out for the company as a whole.

Cons

1. Claims can be rough. (It is no secret that people working in the claims department are generally not the happiest bunch. It is a tough job. As a claims adjuster, you have to tell people bad news; it is part of the job. You are working with all different types of people too. Claims can be stressful. 2. Performance Reviews. (For the most part they are fair. However there are portions of your performance reviews that are based entirely on the actions or feelings of others. I wish there was a way to change this.) 3. If you don't like change, don't work at Farmers. (Personally, I don't mind change. I like it. If you don't like change though, don't go to Farmers. Farmers is constantly changing the way the day-to-day operations and their way of doing business. Most of the time, it is for the better. The joke at the company is, if you don't like something, wait a few months and it will likely change.)

3.0
Apr 13, 2011

Good

Recommend
CEO approval
Business Outlook

Pros

Opportunity for advancement is limitless.

Cons

Organization is truly a problem. Management needs to be managed

4.0
Apr 5, 2011
Recommend
CEO approval
Business Outlook

Pros

The training program is a work in progress. A ton of information served out in a relatively short amount of time...one month whereby production expectations begin and the training is ongoing...albeit in more manageable increments. The corporate philosophy is well intended and often mentioned. In an industry that does not always get a good wrap this company stands behind the idea that an agent is there for the client, consults with the client in the clients best interest as it relates to insurance. The company's compensation plan is very generous in the form of a subsidy that gets paid out monthly and helps to offset the initial "challenges" of growing one's agency...but this money is not yours...really. This money must be paid back over time either by business you generate or out of your own pocket if you do not meet the "required" quotas. You've got to make it happen like any sales job.

Cons

Bottom line if you do not meet the monthly expectations you've got to make up missed policy counts as well as meet the next months business expectations. If you miss the months mark in terms of policy requirements you do not get the subsidy and things can really sprial downward from there. Essentially you are working for free until you catch up...if you can. It really is a numbers game and the unfortunate reality is that insurance for most people is not a priority. A lot of follow up with unanswered phone calls and delay tactics by consumers not willing to commit even when all objections are diffused. Patience and a thick skin are the order of the day.

Viewing 6676 - 6678 of 6,850 Reviews

Glassdoor has 7,396 Farmers Insurance Group reviews submitted anonymously by Farmers Insurance Group employees. Read employee reviews and ratings on Glassdoor to decide if Farmers Insurance Group is right for you.