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Federated Insurance

Engaged Employer

Federated Insurance reviews

4.6

94% would recommend to a friend

(391 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 391 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

391 reviews
5.0
Apr 20, 2020

Great Company

Recommend
CEO approval
Business Outlook

Pros

The people and sense of purpose. Knowing we’re helping others.

Cons

Smaller town. Need to travel for variety of entertainment/restaurants

4.0
Mar 11, 2020
Recommend
CEO approval
Business Outlook

Pros

Good pay Awesome benefits Paid training Low expectations Coworkers care and everyone is happy to help you Coworkers are nice Frequent hackathons Location is pretty nice

Cons

People are fairly reluctant to change their ways, meaning people sometimes get strong-armed into implementing a kludgey solution to allow people to use old systems rather than have to upgrade to the latest and greatest, just because it's different. They have said they will never have a permanent option to work from home For better or for worse, have to pay for other fringe benefits - e.g., no free coffee, food, gym, even parking spaces close to the building you must pay for. Also, not many fun things about the environment - drab workspace with few windows, and nothing much fun to do at break time. Dress code doesn't allow for any color of Jeans, or for T-Shirts.

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.

Viewing 277 - 279 of 391 Reviews

Glassdoor has 406 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.