Farm Bureau Financial Services Reviews | Glassdoor

Farm Bureau Financial Services Reviews

Updated August 1, 2017
114 reviews

Filter

Filter

Full-timePart-time

3.3
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
James Brannen
33 Ratings

114 Employee Reviews

Sort: PopularRatingDate

Pros
  • Great work-life balance, Huge income potential for top earners (in 7 reviews)

  • A great place to work filled with great people (in 10 reviews)

Cons
  • You don't own your book of business and they can and do take it to recruit new agents (in 4 reviews)

  • For new agents learning this process is at times frustrating (in 5 reviews)

More Pros and Cons

  1. "Programmer II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Programmer II in West Des Moines, IA
    Current Employee - Programmer II in West Des Moines, IA
    Doesn't Recommend
    Negative Outlook

    I have been working at Farm Bureau Financial Services full-time (More than a year)

    Pros

    It is close to home. West Des Moines is less congested than downtown Des Moines. The indoor basketball court is the highlight although it is strangely carpeted.

    Cons

    Strict working schedule. Manager is not very flexible for an IT worker. Lots of changes happening.

    Advice to Management

    Loosen the reins for employees.


  2. Helpful (1)

    "Amazing Local/Regional Company that truly cares about the people it serves!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Omaha, NE
    Current Employee - Insurance Agent in Omaha, NE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Farm Bureau Financial Services full-time (More than a year)

    Pros

    1.) Great pay! This company has both the worst contract and the BEST contract all wrapped up into one! If you approach your career with only wanting to do the bare minimum and collect a paycheck, you simply won't make it with the contract. That is likely the case with most of the negative comments you'll find here in the reviews. However... *pause for effect* if you have a desire to earn your paycheck, serve you community, and build something worthwhile, you won't find a better contract or company to do that with! The company offers a very lucrative base subsidy (not a draw or loan that has to be paid back like competitors) that is addition to your sales commissions and renewals. And the subsidy lasts for 5 YEARS! By then, if you have actually worked like you have a rewarding career, your renewals will have built up so much that you will be set until you choose to retire. VERY realistic to make $80k+ in your first year, and $120k+ in year 2--if you actually care about your career.

    2.) Amazing flexibility for making family and personally important things in life come first! You build your work schedule that fits your life. Try and find that in most careers!

    3.) Great management and phenomenal support personnel! You have specialists for every aspect of the practice you build who are eager to help out when and where you need them. Their job depends on your success, so utilize them! Many who fail at this career simply don't know how to utilize the resources available to them--they just don't ask!

    4.) Upper Management are strategic thinkers and problem solvers who are committed to making Agents jobs easier! They are reachable and transparent, which is amazing and gives piece of mind to fact that you have many advocates working on your behalf.

    5.) Training, training, training! The company has a program, the Reserve Agent Program, that allows you initial training and the opportunity to dip your toe in the water of this career to ensure you like it, identify if you will be successful, and know that making a transition from your current job is the right choice. There are formal training courses throughout your first couple of years, and aside from working with the subject matter experts and specialists that are there to support you, you will learn from a highly talented team of field trainers and your managers every day.

    6.) So much more! You just have to come and see!!!

    Cons

    Premiums have been high the past few years, but that is a cycle that is coming to an end! Every company has those ebbs and flows when it comes to pricing. (But price shouldn't be the aspect of your value proposition that people come to you for. They should buy from you because of the value you provide and the fact that the company is reliable--especially when it comes to paying claims and benefits!)

    Advice to Management

    Continue to hire competent agents who actually want to impact their community! Hiring those that don't and are lazy and are just in it for a paycheck don't help us build the company brand the way it deserves.

  3. "Sales Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Farm Bureau Financial Services full-time

    Pros

    A great place to work filled with great people.

    Cons

    Can be stressful at times.

    Advice to Management

    None


  4. "Farm Bureau"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Farm Bureau Sales Associate in Willmar, MN
    Current Employee - Farm Bureau Sales Associate in Willmar, MN
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Farm Bureau Financial Services full-time (More than 3 years)

    Pros

    Flexibility is really nice, very relaxed environment, low stress, no weekends, holidays off, ideal hours and I don't have to work overtime.

    Cons

    Programs are outdated, the new programs they do have are forced and not helpful. You have to have four programs open that time out to do your job. Structure could be better.


  5. "Potential is there - but be careful."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Farm Bureau Financial Services full-time (More than 8 years)

    Pros

    Benefits. Good health insurance at reasonable price. Vacation gets better after 5 years. Option to buy more or sell it back. If you can get into right department you can have someone invest in you as person for learning courses and designations. Good place to learn but - be leery of getting sucked in to the "favorite game" (which can change all the time depending upon who has moved up or down in management). Don't get discouraged - general saying around there if you don't like what's happening wait a year till management changes and it will all change.

    Cons

    Culture is difficult. They claim to want to be employee engaging and invest in employees - but it really depends on department and promises. If you are exempt you will be over worked. They claim it shows ambition - but work/family balance can get to be about impossible. It's easy to get stuck in that - and you realize your working your life away for a company that probably isn't giving it back to you in return with salary and/or benefit wise.

    Part of the company is trying to get away from old methodologies and part is still stuck on "that's the way we have always done it." They fight each other and work against each other within different departments - which ultimately slows their own advancement. To make a change or get something done can take years due too many "chiefs" running the show and processes that are supposed to be helpful but end up being hurtful. It's a control battle. They spend more time deciding who is in charge of a project/product/area then actually fixing it.

    Advice to Management

    Invest more in technology so you can actually accomplish your goals as opposed to having all these waiting lists that can never be gotten too. Listen to your agents more - you have started to claim you are listening - but yet very little getting done and it's the same issues they have had for years. Watch your managers - BCD level up to VPs. They get away with a lot. For example going to educational conferences in touristic places at company expense, and taking favorite employees or ones they have "relations" with - when same conference is offered locally. If you or a manager states they will do something - follow through. Don't make promises you can't keep. Creating "extra new non-front line positions" doesn't help when current employees are WAY over worked and struggling.

    Farm Bureau Financial Services Response

    Jun 19, 2017 – Human Resources

    Thank you for your response. We appreciate your comments around the benefits and vacation. It is important to us that our employees have the benefits they need.

    We also appreciate your comments... More


  6. "Claim Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Processor in West Des Moines, IA
    Current Employee - Claims Processor in West Des Moines, IA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Farm Bureau Financial Services part-time (Less than a year)

    Pros

    Great place to work, while surrounded by great people!

    Cons

    The pay isn't very well an I don't even get benefits

    Advice to Management

    Instead of doing just temp jobs and letting people go without a job, you should temp to hire!


  7. "Sales Associate"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Farm Bureau Financial Services full-time

    Pros

    Great people. Great hours.

    Cons

    Hard to compete with rates. High call volume.

  8. "Mostly positive experience with Farm Bureau"

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

    I have been working at Farm Bureau Financial Services full-time (More than a year)

    Pros

    Good management, good people to work with. Friendly atmosphere. Flexible hours.

    Cons

    Lower than average pay. Not a lot of opportunities to advance.

    Advice to Management

    Increase pay and reward employees who are reliable and dependable.


  9. Helpful (1)

    "Great place to grow a career!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in West Des Moines, IA
    Current Employee - Anonymous Employee in West Des Moines, IA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Farm Bureau Financial Services full-time (More than a year)

    Pros

    Welcoming/inclusive/friendly culture, great education and development opportunities, free on-site wellness facility, dining facility, day care facility, on-site Iowa Clinic, beautiful property with ponds and walking trails, volunteer time off, actively involved in United Way, internal mobility and a coaching culture is encouraged.

    Cons

    Work from home flexibility (in this day and age, meetings could be downsized and could possibly be done via phone or Skype).

    Advice to Management

    Keep encouraging internal mobility, as well as a year long coaching culture (not just once a year at annual reviews).

    Farm Bureau Financial Services Response

    Apr 20, 2017 – Human Resources

    Thank you for your review. When we ask why people love working at our company, your response hits on most of the answers! We also appreciate your comments around internal mobility and a coaching... More


  10. "Lead Generation"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Farm Bureau Financial Services full-time

    Pros

    It was a good company.

    Cons

    No cons at this time.


Showing 114 of 130 reviews
Reset Filters