There are newer employer reviews for Farmers Insurance Group
There are newer employer reviews for Farmers Insurance Group

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Great job if you plan on using the company as a springboard

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Life & Financial Specialist
Former Employee - Life & Financial Specialist

I worked at Farmers Insurance Group full-time (Less than a year)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

Good opportunity to gain some experience and then better of jumping ship. Decent benefits with pension plan and 401k plan with matching.

Cons

You will work long hours so be prepared - sometimes 60-70 hours per week even if you are on salary. You also have to commit to a joint sales program where you as a manager have to sell auto, home and life insurance policies and then assign them to an agent and receive zero compensation. The underwriting group in Columbus, OH has not a clue and so it's easier for them to just decline the underwriting decision.

Advice to Management

Stop micro-managing because it's not conducive to a natural and amiable work environment. Hire AP managers who actually have a background in insurance so they can provide proper guidance to performance team and agents. Human Resources needs to genuinely listen to employee complaints and not automatically side with management just because they work with one another. Rather than just pulling rates out of the air do some research and take a look at your competition before deciding what they will be.

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  1. Very competitive

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Farmers Insurance Group

    No opinion of CEO
    No opinion of CEO

    Pros

    You can work when/where you want and market your own agency how you want to. Renewals come every 6 and 12 months which are great commission to look forward to.

    Cons

    Very competitive. Rates are competitive. Finding leads is difficult and expensive


  2. I am an Agent/Owner selling property, casualty, and life insurance.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Farmers Insurance Agent in Dallas, TX
    Current Employee - Farmers Insurance Agent in Dallas, TX

    I have been working at Farmers Insurance Group full-time (More than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Farmers has one of the best homeowners insurance policies. You feel like you are doing your clients a favor by signing them up. Although training is outdated most of it is quite useful.

    Cons

    IT group needs to be reevaluated. They can't keep up with Microsoft updates, agents can't update to new MS browser. 360 interface with quoting program is flawed.

    Advice to Management

    Provide financial support to new agents. Commission only is a recipe for disaster.


There are newer employer reviews for Farmers Insurance Group
There are newer employer reviews for Farmers Insurance Group

See Most Recent

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