Farmers Insurance Group

www.farmers.com
There are newer employer reviews for Farmers Insurance Group

 

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

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

I worked at Farmers Insurance Group full-time (less than an year)

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 ManagementAdvice

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.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

898 Other Employee Reviews for Farmers Insurance Group (View Most Recent)

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  1.  

    Very disappointed in the company's lack of new employee support and training.

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

    I worked at Farmers Insurance Group

    Pros

    If you have a large group of family and friends that will sign up because they like you, this may be an opportunity for you.

    Cons

    Total lack of training and support for new Agents.....the Ready, Fire, Aim approach to selling is NOT an effective way for new Agents to enter the market.

    Advice to ManagementAdvice

    Create an intensive two week training class on product and selling.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Avoid this sinking ship at all costs

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

    I worked at Farmers Insurance Group

    Pros

    Work/life balance is decent. Most people are gone by 4pm. Little to no overtime.
    Friendly people that have been there for years.

    Cons

    Old-school management unwilling to adapt to the market especially in technology
    Low compensation relative to the skill level
    Bureaucracy--any change is hard to implement with so much entrenched mindset in the old way of doing things

    Advice to ManagementAdvice

    It may be time to start over

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Farmers Insurance Group

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