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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
2.0
Feb 28, 2020

“Challenging” Culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very good training for marketing reps. Potential for high compensation. Culture of promoting from within. Good place to get a foundation in insurance knowledge and sales skills.

Cons

Federated’s business model is not geared towards retaining clients or employees. You will not be able to build long-term relationships with most of your clients because Federated will eventually force them away with unreasonable rates, or idiotic decisions from underwriting. The hours will also be grueling. Upper management is disconnected from reality, or pretends to be for their own reasons. There is a cult-like atmosphere that everyone pays lip-service to, but is actually a joke. Life insurance will ALWAYS be the most important metric the company judges you by, and the LEAST profitable way to spend your time. Lots of training is provided for marketing reps, but not enough for other departments. Many of the support personnel do not know their jobs, or simply aren’t very good.

3.0
Dec 29, 2018

Commercial Underwriter

Recommend
CEO approval
Business Outlook

Pros

Good salary. Great people! Plenty of resources to get your job done. Most managers don’t micromanage. Great working relationships. Smart business, industry conservativeness is done the way it needs to be to stay solvent and have good ratings and gradings from a money management and pricing standpoint. Great bonus opportunity! Career growth options are extensive in the larger home office location. Limited at other cities, but if they would open up departments to having employees in the other cities, there is a lot of potential! Future potential is huge for many avenues, new generations will help drive diversity, and employee flexibility in terms of telecommute options, etc, for a better work-life balance for each individual. All items in the cons section can easily be remedied and evolve into pros with the open-minded management of newer generations.

Cons

No telecommuting options to accommodate work-life balance, to Federated work-life balance only means getting your work done at the hours and place they can watch, so it is really about work balance, not really allowing options to help the life balance fit. Business Casual in an atmosphere that really doesn’t need it. Stiflingly conservative. I feel stuck, like punching a clock on salary, managers roaming the cubicles to keep tabs, can only work from home when not getting paid for the time (sick, vacation, extra unpaid hours only). Few paid holidays and below average vacation days. Inflexible for families, no allowance for working from home as needed (sick kids, etc), even though it is completely possible. Older technologies. Diversity of people is lacking. Upper management pats themselves on the back too much when anything “diverse” happens, quotas feel like a real thing.

3.0
Sep 19, 2015
Recommend
CEO approval
Business Outlook

Pros

Excellent training program. Good people in alot of the different service offices. Decent bonuses and paid time off. The do appear to be family oriented.

Cons

Good ole boys club. Difficult to advance. Expectations are too high, lots of stress and employees are overworked. Management does not listen.

Viewing 16 - 18 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.