North Carolina Farm Bureau Insurance

www.ncfbins.com
Engaged Employer

North Carolina Farm Bureau Insurance Reviews

Updated August 10, 2015
25 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
2.9
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Larry Wooten
11 Ratings

25 Employee Reviews

Sort: Popular Rating Date
  1. NC Farm Bureau is a family focused company that place a high value on employee benifit, education & retention.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greensboro, NC
    Former Employee - Anonymous Employee in Greensboro, NC
    Recommends
    Positive Outlook

    I worked at North Carolina Farm Bureau Insurance full-time (More than 10 years)

    Pros

    Great support to employees, great benefits, many advancement opportunities. Competative salary & benefits. Exceptional compensation for Catastrophy with opportunities to assist other Farm Bureau Companies throughout the United States.

    Cons

    Company is North Carolina only, no opportunity to transfer to a different state. This company is financially sound with strong/solid leadership, however it is a coastal state that could suffer major financial loss due to a major hurricane.

    Advice to Management

    Enlist employee input on more of the significant area's such as software, type company vehicles, computer & phones. Also expand the Health Care Flex savings account to a larger amount & consider a rolling type account from one year to the next.


  2. Horrible company to sell insurance for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Agent in Charlotte, NC
    Former Employee - Associate Agent in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at North Carolina Farm Bureau Insurance full-time

    Pros

    There are no pros except for the office being closed on holidays.

    Cons

    As an Associate Agent, you are 1099, get zero benefits, pay out of pocket for every single business expense (including long distance at the office...who pays for long distance anymore!? Yes, that's right, you will be billed each month for long distance phone calls), but you are held to excruciating and unreachable life insurance quotas and regular W2 employee expectations. You have three years as an "Associate Agent" and have an impossible amount of life insurance to sell. Each year of the three years, the quota gets progressively higher. By higher, I mean in year 3, you have to sell $1,500 worth of life insurance premiums PER month and a minimum of 3 policies per month. Good luck finding anyone who is willing to spend more than $100 per month on life insurance since 2008. You make your commission from P&C policies and get garbage commission from life insurance, yet FB's entire focus is on life insurance. Additionally, the systems and paperwork are from the stone age. It's virtually impossible to succeed as an agent at FB. Those that have done well, have been there for years and years and sold insurance before it became a dog eat dog industry. Look at each Farm Bureau agency's webpage, it's a revolving door of agents. You will lose A LOT of your own money working as an agent for this company. Terrible, terrible, terrible setup for agents. Oh yeah, you have to deal with underwriting too, so good luck on selling those life policies! And if for any reason a life insurance application is not converted into an issued policy and that policy is not kept for the minimum three years you're "validating", you will lose credit for that application and premium.

    Advice to Management

    Update your systems and way of doing business. Support new agents. Back off of the unreachable life insurance quota and push.


  3. Sales Agent

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Independent Contractor where the sky is the limit on how much money you can make depending upon how hard you work.

    Cons

    Having to meet quotas each month can be difficult for some people. Company seems to be dated compared to other companies.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Very behind the times.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Raleigh, NC
    Current Employee - Anonymous Employee in Raleigh, NC
    Doesn't Recommend
    Neutral Outlook

    I have been working at North Carolina Farm Bureau Insurance full-time (More than a year)

    Pros

    Pension (if you're there long enough)

    Cons

    Miraculously, this company is NOT paper less. There are still walls of file folders which are filled with paper and copies which makes working for this company monotonous and embarrassing. A MS DOS system is still used. Compensation is low as well, everything about this company is outdated and frustrating.

    Advice to Management

    Increase salary or lower expectations for entry level positions. Also, GO PAPERLESS efficiency would be increased tenfold if someone just took initiative and brought this company into the present.


  6. Considerate company, older technology

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Systems in Raleigh, NC
    Current Employee - Information Systems in Raleigh, NC
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at North Carolina Farm Bureau Insurance full-time (More than 3 years)

    Pros

    There's good benefits, health insurance, life insurance, and a pension plan. The company tries to be health conscious with it's new health initiative, offering a couple fitness classes on site plus a treadmill in the office. The big boast around the office is that no one has been laid off in X amount of years, and it is very difficult to get fired. The company is right on the Raleigh greenway, which is great for a lunch time walk. There is a cafeteria on site with decent food.

    Cons

    The main programming languages are COBOL and more recently, Java. The IBM mainframe is still in use along with programs written 30 years ago. No agile methodologies in use. Team development is poorly structured and things tend to take a long time to get done, communication is lacking on all fronts. Overall, the company is hardly innovative and is very slow to pick up new technology. Management does not allow any working from home. There is no emphasis on continuing education or professional growth.

    Advice to Management

    Try to update the culture at the very least. Allow working from home a day a week. Get the teams working together more collaboratively and efficiently. Try implementing a Lunch and Learn, or even a monthly seminar highlighting new skills or technology.


  7. policy analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at North Carolina Farm Bureau Insurance full-time (Less than a year)

    Pros

    the people are nice and understanding, very homey

    Cons

    Pay is terrible, technologically behind.. not a good place to work if you want to grow your career


  8. Never ending push to force sell life insurance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent
    Former Employee - Insurance Agent
    Doesn't Recommend
    Neutral Outlook

    I worked at North Carolina Farm Bureau Insurance full-time (More than 5 years)

    Pros

    Good pay. Decent office and furnishings.

    Cons

    Agent responsible for all expenses incurred. All the responsibilities and requirements associated with being an employee but classified as 1099 contact labor. Constantly pressured to sell items they may not be in clients best interest.

    Advice to Management

    Understand that ever clients needs are different and every agents strengths are different.


  9. Associate Agent work for unappreciative Agents

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Agent
    Current Employee - Associate Agent
    Doesn't Recommend
    Neutral Outlook

    I have been working at North Carolina Farm Bureau Insurance full-time (More than a year)

    Pros

    Farm Bureau has great Hours, they're a very family-oriented company. The benefits are okay, not many incentives.

    Cons

    As an associate Agent, you have to work for Agents who have different personalities and most of the times you work for two Agents. Agents are always loading associates with work and are never around. The process of writing insurance is extremely stressful, as they are behind on times and quotes are never accurate and changes on policies take forever to reflect. I think Underwriting has made it their goal to cancel every policy in which they can get their hands on. Be prepared to be stressed and get little pay. Not much training.

    Advice to Management

    Update your process and quoting system to the 21st Century


  10. Nice family oriented "hometown" kind of company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Office Adjuster in Raleigh, NC
    Current Employee - Office Adjuster in Raleigh, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at North Carolina Farm Bureau Insurance full-time (More than a year)

    Pros

    NC Farm Bureau got its start in helping the farming community. As such, they are very family oriented, upper management knows you by name, and they work hard to keep everyone in the "family" happy and satisfied.

    Cons

    They are a bit behind the times technology wise. We are still taking recorded statements with cassette tapes and they JUST moved to a computer based claims system since I began working there in Jan of 2013. Prior to that all claims records were done on paper, with a very outdated and complicated computer system for the minimal checks you could do on the claim. They are like 10 plus years behind the times and they are in NO hurry to change that. Checks are still generated for ALL claims, no EFT even to body shops. It is a very SLOW process for getting claims to a resolution.

    Advice to Management

    Love the family atmosphere, co-workers and upper management genuinely care about you as a person. However, the company should move more quickly toward getting technology where it should be in line with the competitors.


  11. Okay Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Farm Bureau has decent benefits, some Agency Mangers are willing to work with you, normal work hours - not much overtime unless there's poor weather

    Cons

    Very behind on the times, some agents that have been there forever can be extremely difficult to work with and set in their ways



Showing 25 of 25 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.