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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 9, 2015
Recommend
CEO approval
Business Outlook

Pros

Good training and support. Excellent for learning the industry and honing skills. Sales incentives are nice and unlimited earning potential is there (kind of).

Cons

Limited market which leads to limited opportunity in certain areas (look for turnover). High end value oriented which means your prices are higher than everyone. This is not a good scenario when businesses are not flourishing do to economic pressure. Corporate attitude is a bit greedy towards the customer - will max out debits to get more premium on loyal accounts regardless of any claims history (I saw 30% - 75% increases at times on accounts with zero claims). The health insurance is absolutely horrible in some areas. Basically self insured with a card that says you have coverage (not in all states). The expense reimbursement program is a sham. They take money from your regular pay and force you to fill out reimbursement forms to get it back. If you don't have enough expenses then you LOSE your money! It forces people to LIE on their forms so then can get their own money back. It benefits the corporation so they do it anyway. TONS of pressure to sell life and disability insurance. It became the primary focus for most of the year and was very stressful.

1.0
Aug 2, 2023
Recommend
CEO approval
Business Outlook

Pros

Some co-workers Pizza lunches Company shirts

Cons

Lack of training Lack of management Good ole boy mentality No room for growth No work life balance

3.0
Mar 31, 2022
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance Good pay/benefits Friendly environment

Cons

Lack of flexibility (i.e. no work from home) Favoritism - lack of consistency pertaining to promotion path (i.e. your boss matters more than your performance) Dogmatic and rigid adherence to outdated values Out-of-touch upper management Old white guy club Bad location - very boring, lack of stores/restaurants, non-existent dating scene, often nick-named “Slowatonna”

Viewing 19 - 21 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.