Federated National Reviews | Glassdoor

Federated National Reviews

Updated March 29, 2017
3 reviews

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1.2
StarStarStarStarStar
Recommend to a friend
Approve of CEO
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Michael H. Braun
1 Rating

Employee Reviews

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  1. "It's still a family company"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lauderdale Lakes, FL
    Former Employee - Anonymous Employee in Lauderdale Lakes, FL
    No opinion of CEO

    Pros

    - Small company, so you can touch a lot of things
    - People are for the most part very friendly

    Cons

    - It's basically a family company, so certain employees cannot be fired despite gross incompetence
    - Pay and benefits aren't great
    - Building is in a very bad part of town, and is pretty rundown

    Advice to Management

    Management needs to get rid of worthless legacy employees and allow the more professional folks (most of whom are from outside the company) make the changes necessary to take the company in the right direction.


  2. Helpful (1)

    "claims"

    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

    I worked at Federated National full-time

    Pros

    Nothing is good about this company.

    Cons

    Everything is bad. Do not get a job here.

    Advice to Management

    Quit

  3. Helpful (5)

    "Not good!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Representative in Sunrise, FL
    Former Employee - Marketing Representative in Sunrise, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    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.

    Advice to Management

    Completely replace your management with seasoned industry professionals and get rid of employees that pose a liability for the company. Randomly and routinely conduct drug tests on management and employees. Don't change your name again, and if you must....forget FedNat....its not a word and nobody will understand what it means. Consider dropping the word "national" from the name as the company is not national and never will be. It is regional at best.