Farmers Insurance Group Jobs & Careers in Colorado Springs, CO

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Farmers Insurance Group Reviews

782 Reviews
3.3
782 Reviews
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Farmers Insurance Group CEO Jeff Dailey
Jeff Dailey
260 Ratings
  1. 3 people found this helpful  

    Independence held in captivity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Insurance Agent  in  Colorado Springs, CO
    Former Employee - Insurance Agent in Colorado Springs, CO

    I worked at Farmers Insurance Group

    Pros

    Get to build a business in which you are personally responsible for the execution and growth of your business. Income is up to you to be able to sell the products and services that generate your income. The claims department was very effective in the claims that I had and left a very positive taste in my mouth.

    Cons

    Although you can work when you want, you are still held captive to only sell products and services that Farmers provides. When the pricing of the insurance products are not competitive in the marketplace, you ability to build business is hindered severely due to lack of options to provide your clients and inability to negotiate rates with the company. Although you cannot control the price of the product, you still must perform business growth objectives in order to keep you contract with Farmers. Basically and agent at Farmers is a glorified employee that can work when they want.

    Advice to ManagementAdvice

    Start caring about your agents. Agent saturation is ridiculous and demonstrates your lack of concern for your agents success. In Colorado Springs alone, there were over 100 agents compared to other companies at about 30 max. When pricing on products become uncompetitve as they have been the past two years, the oversaturation of agents makes it impossible for your agents to be successful as you request. Put actual effort into establishing a productive relationship with your agents. Although I understand your desire to grow your business, you need to take care of those that are willing and desiring to do so.

    Doesn't Recommend
    Disapproves of CEO