Not good! - Marketing Representative FedNat Employee Review

1.0
Jul 2, 2015
Recommend
CEO approval
Business Outlook

Pros

They will hire someone with little or no experience. Entry level salary is decent. Benefits are okay but you must contribute handsomely toward them. Excellent 401k with full 6% match but making it to the two year vesting date is challenging.

Cons

The company was formerly known as 21st Century Holding Company and changed the name during 2011 in an attempt to escape a less than stellar reputation held among employees, customers and the stockholders. Unfortunately, the same management is in place as previously; they just have a new name and logo. Only the desperate and people new to the insurance industry should consider employment with this company. They will create a lot of appeal in recruiting new employees telling that they are “one big, happy family” and that the employee turnover rate is near zero, which is all BS. The few managers they have are the only people that have been there forever and most of them don’t even have a brick and mortar formal education beyond high school. If you do consider working for the company, ask who you will report to and then research that person prior to taking the position. You will probably find out that the person either has never worked anywhere else credible or is a novice/amateur in whatever department they are in. The company does screen for drugs during the hiring process but is very 420 friendly once you are on board. You are encouraged to partake which will solidify your rapport with the managers and you are subject to being bullied if you don’t partake. There are a lot of other policies in place regarding insider trading, dress code, code of conduct, etc. Its all a façade and those policies are not enforced unless they don’t like you. And forget about the non-retaliation policy, its only there for amusement purposes. To get a real insight of the company, just search online “Ted Lawson poker” (you’ve heard the term ‘a picture says a thousand words’) and “21st Century Holding Company litigation”. And yes, Ted is still in the picture no matter what they tell you. The CEO is just Ted’s female lapdog.

Explore other reviews about FedNat

5.0
Mar 13, 2025
Recommend
CEO approval
Business Outlook

Pros

Great Team to work with

Cons

Business closed due to financial issues

4.0
Mar 29, 2025
Recommend
CEO approval
Business Outlook

Pros

Paid well and was able to manage without micromanagement

Cons

Went into receivership after a number of hurricanes.

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