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Federated Insurance

Engaged Employer

Federated Insurance reviews about "training program"

93% positive business outlook

Reviews by job title

36 reviews
3.0
Aug 11, 2014

The people make this company an alright place to work

Anonymous employee
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CEO approval
Business Outlook

Pros

Flexible working schedules People are great Extensive training program Benefits on par with other companies Gym facilities Pension plan Management support (with the right managers) Community involved company

Cons

Very one track career oriented company Takes some time for promotions or promotions seem to be "given away" Pay lower than major cities Located in a smaller town Very formal company Strict procedures/Very set in their ways Not very progressive in business/technology Upper management will always be from a marketing/sales side of the company

2.0
Mar 24, 2014

Former risk consultant

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Business Outlook

Pros

They had wonderful training program for inexperienced new employees (from what I understand this has been disbanded in the past year) They have clear expectations for production.

Cons

They have let go half of their Field Services Department and that has caused larger territories with more production expectations on all consultants. With the layoff of experienced employees, some close to retirement, their loyalty to employees is questionable.

5.0
Feb 20, 2014

Great culture!

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CEO approval
Business Outlook

Pros

Management is engaging and takes the time to know you as a person. The training program is excellent!

Cons

Federated has a long formal hiring process.

2.0
May 14, 2013

Used to be a better place to work

Anonymous employee
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CEO approval
Business Outlook

Pros

Fully funded pension, some good benefits, depending on which program you are hired under you could have very good training, new CEO that came on board is more realistic when it comes to company spending and company goals and has been at the company over 30 years

Cons

Does not value their employees - treats them as a commodity. Health insurance benefits are substandard and the employee health insurance program doesn't cover a lot. Slow to make changes, upper management continually says they like to "think inside the box". Pay is slightly below industry average, benefits really lack compared to the industry or companies of this size. Very conservative values that, for a lack of a better way to put it, are good ol' boy ways. Their actions make it seem like the company is headed for a bad financial outlook.

3.0
May 16, 2013

Old timers

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CEO approval
Business Outlook

Pros

Great training program, family atmosphere. Good town to raise a family (Owatonna). A lot of nepotism and cronyism (positive if you are a Buxton).

Cons

Old boy network, Jack Welch management model (get rid of bottom performing 20% of employees whether warranted or not). Limited fresh ideas, co-signers in upper management. Limited promotion ops and functions on lower end of pay range. Manages by intimidation.

1.0
May 15, 2015

Claims Analyst

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good experience can be gained here as they have a good training program. After you complete the program and are hired, it is easy to be hired by another company for more pay and better working environment.

Cons

Terrible management. Some of the management that have been there for years do not have the updated training to do their job properly. No recognition for a job well done, ever. Constant criticism to everyone about how to do your job differently.

Viewing 10 - 12 of 36 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.