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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
4.0
Mar 10, 2019

Great Retirement Plan

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They have a great pension plan with the Rule of 85 in place and have bettered their 401k as well.

Cons

They used to be much more of a "people" company and now they don't seem to mind as much how they treat people - even people that have been very dedicated to the company for years.

2.0
Mar 19, 2018

Tough

Recommend
CEO approval
Business Outlook

Pros

-Crazy good compensation (i.e. $150-200k is easily doable in 2-3 years) -Total freedom as long as you meet their expectations -Get to work with business owners first-hand to try to solve their problems and help them with complex issues that they face each and every day -Training program is the best in the industry and you will learn more than 99.9% of your competition will ever bother to learn

Cons

-Lonely. You are the only person in your territory so there is no comradery/co-workers to see -Extremely difficult. You are EXPECTED to work 60 hours a week minimum starting out. -Feels like you are being stretched in a million different directions, between Commercial Lines, Personal Lines, Client Services, etc. --- many of the agents we compete with are only focused on one of these -Stigma of being an "Insurance Salesmen" follows you into every door -Incredibly inflexible underwriting requirements -You are going to be the more expensive option 9 times out of 10... have to "sell value" which is getting harder and harder in this day and age when all anyone cares about is the bottom line

4.0
Mar 15, 2016

Marketing Representative

Recommend
CEO approval
Business Outlook

Pros

Set your own hours, you'll have the ability to set your own schedule and your hard work pays off. The training program is great and the support is as well.

Cons

Cold calling! You're not always cheap and getting a customer base big enough to work off referrals takes a lot of time.

Viewing 73 - 75 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.