Federated Insurance

www.federatedinsurance.com
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Great opportunity, but only pays off if you stay forever

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

I have been working at Federated Insurance full-time

Doesn't Recommend
Neutral Outlook
Approves of CEO
Doesn't Recommend
Neutral Outlook
Approves of CEO

Pros

Very high salary
Strong benefits
reward success
strong management, very clear expecations and training
only hire within

Cons

Must live in Owatonna, MN to climb the ladder
Slow moving in terms of technology

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  1. Helpful (1)

    Great company to work for!

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

    I worked at Federated Insurance full-time (More than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    The company invests a lot in your personal and professional growth. Benefits are very good!

    Cons

    Culture may be a little resistant to change.

    Advice to Management

    None


  2. Former risk consultant

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

    I worked at Federated Insurance full-time (More than 5 years)

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

    Pros

    They had wonderful training program for inexperienced new employees (from what I understand this has been disbanded in the past year) They have clear expectations for production.

    Cons

    They have let go half of their Field Services Department and that has caused larger territories with more production expectations on all consultants. With the layoff of experienced employees, some close to retirement, their loyalty to employees is questionable.

    Advice to Management

    Raise salaries to industry standards, keep a consistent marketing plan, and reduce territory sizes. A former Risk Consultant should be in upper management to advocate for employees.


There are newer employer reviews for Federated Insurance
There are newer employer reviews for Federated Insurance

See Most Recent

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