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Federated Insurance

Engaged Employer

Federated Insurance reviews

4.6

94% would recommend to a friend

(390 total reviews)
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Nicholas Lower

98% approve of CEO

93% positive business outlook

Federated Insurance has an employee rating of 4.6 out of 5 stars, based on 390 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Federated Insurance employee rating is 27% above average for employers within the Insurance industry (3.6 stars).

Reviews by job title

390 reviews
3.0
Jul 20, 2022
Recommend
CEO approval
Business Outlook

Pros

1. The training is helpful for increasing your skills as a developer. 2. The job has some solid benefits, and a vested pension. If you stay here for the next 30 years and hit your company 401k matches, you can ride off into the Margaritaville sunset with a steady check coming your way until your last cheeseburger sends you to the morgue (in which case you will likely have a great insurance policy for your loved ones). 3. The job is relatively stable. They've been selling insurance for like 100 years man... it's not going anywhere. You'll learn all about the company's rich history in your corporate indoctrinat- I mean onboarding program. 4. The CEO was absolutely based. Has my utter respect. The man entered into the room with pure confidence and even took his mask off during a time when the company was mandating employees to wear masks. A total alpha. The studded rings on his fingers were almost as exuberant as his personality. It's likely that his pinky finger alone adorned my salary and bonus for the year. Cannot speak highly enough of this man. Jeans on Fridays :-) Taco Tuesdays :-) (not free but you can rely on tacos being there every Tuesday) They took me to lunch a couple times :-) (you guessed it, tacos!) Also, check out the ice cream shop "Blast" if you're living in town.

Cons

Bottom line: You can likely progress your career much faster elsewhere after working here for a year or two. Each year holds an insignificant rate of 3-5% per year. This does not cover inflation. Your effective purchasing power goes down each year mate. The devaluing of your time is made worse by the fact that promotions come with excess responsibility and longer hours to the point that your effective hourly rate remains relatively stagnant while your skills are increasing. My manager was great with flexibility, but many were not. For some of my colleagues, it was mandatory to be in your seat by 7am everyday (even after training). Remote work was not an option, or you'd have to fight for it at the very least. Many people spoke about putting in extra hours. The best talent frequently leaves (so I'm told) because it's kind of obvious that they can get better offers elsewhere. Culture was way too corporate for me. Fluorescent lighting, perfectly arranged cubicles where you'll experience sciatica for the next few decades (no amount of ergonomics training will spare you unless you get a standing desk), the occasional 15-minute morning breaks during which you will have awkward encounters with coworkers while filling your tasteless Keurig coffee cup, the weeks spent on reports that will barely get a glance, the hollow conversation... It's the quintessential corporate dystopia. It's like the movie Office Space in real life. It's ironically hilarious how well they hit the corporate dystopia archetype. You could work there for a year and pretend you're in a movie and it would probably be a lot of fun though.

2.0
May 25, 2022

There are much better places to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay and benefits. Made some good friends. learned enough to get hired at a better company.

Cons

Out of touch executives. They care more about their "culture" than their employees. Won't allow work from home. Too much micromanagement. Poor handling of COVID. They forced everyone back into the office early in the pandemic, even though many roles could operate just as efficently at home. A large number of teams were overworked with members putting in 60+ hours a week.

2.0
Mar 13, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits package, potential for high earnings.

Cons

What have you done for me lately? Zero flexibility or support during life events. Incentive package unfairly penalizes women in child baring years. Management leads with fear rather than coaching and encouragement.

Viewing 34 - 36 of 390 Reviews

Glassdoor has 405 Federated Insurance reviews submitted anonymously by Federated Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Federated Insurance is right for you.