Federated Insurance

  www.federatedinsurance.com
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38 Employee Reviews (View Most Recent)

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One tough job

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

Pros

Great pay and they give you plenty of leads on businesses to quote

Cons

You are given all the resources to quote accounts but lack being competitive in pricing (25% high minimum most of the time). No personal life if you are doing what you are suppose to in order to stay on top of the work load.

Advice to ManagementAdvice

Find a better way to manage workload on sales reps. It is a six and a half day a week job.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Other reviews for Federated Insurance

  1.  

    Old timers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Analyst  in  Owatonna, MN
    Former Employee - Risk Analyst in Owatonna, MN

    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.

    Advice to ManagementAdvice

    Fresh ideas and fresh upper management.

    Doesn't Recommend
    Neutral Outlook
  2.  

    Used to be a better place to work

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

    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.

    Advice to ManagementAdvice

    Instead of saying "people, people, people", act on it and treat employees like you actually value what they do for you.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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