Indiana Farm Bureau Insurance Reviews | Glassdoor

Indiana Farm Bureau Insurance Reviews

Updated April 11, 2017
44 reviews

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Full-time Part-time

3.8
Star Star Star Star Star
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Joe Martin
5 Ratings

44 Employee Reviews

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  1. "Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Lines Agent in Indianapolis, IN
    Current Employee - Personal Lines Agent in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Indiana Farm Bureau Insurance full-time (Less than a year)

    Pros

    In an agent role at IFB you get the best hands-on training and support. It is not a place where you get licensed, start the job, they say "good luck", and let you loose. You learn A LOT! With that said, they are really focused on bringing in people who would contribute to the success of the company for many years. Because of that, there is a great family-like, company culture. Where other insurance companies are rather cut-throat, everyone here wants to see you succeed. Another perk- specifically to the agent role- is that the pay is not all commission based. That was a huge benefit because often times sales positions don't offer that stability. This is my first job out of college and I already know I'll be here for a long time.

    Cons

    The demographic of the agents here tends to be older men. I know management is in the process of bringing in move diverse employees... but for now, you won't find a ton of young people.


  2. "Simply the best!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Indianapolis, IN
    Current Employee - Director in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Indiana Farm Bureau Insurance full-time (More than 8 years)

    Pros

    Best place I have ever worked. The leadership is the best in the business! You will not find a more family oriented work force who genuinely cares about you. Everyone is truly invested in the customers and each other.

    Cons

    It used to be a very conservative culture, as with any insurance company. Has been making strides to catch up with the growing expectations of its workforce and customers.


  3. "Field Claims Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Field ClaimsRepresentative in Highland, IN
    Former Employee - Field ClaimsRepresentative in Highland, IN
    Recommends
    Approves of CEO

    Pros

    Excellent company to work for. I worked with them for 40 years. IFBI offered a very good work environment for all employees.

    Cons

    No negative remarks. I have nothing negative to say about IFBI.

    Advice to Management

    none!


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  5. "Steady but old tech"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Programmer in Indianapolis, IN
    Former Employee - Senior Programmer in Indianapolis, IN
    Doesn't Recommend

    Pros

    They are a steady institution, they invest in their employees with training. The people are great and loyal. A great place for someone to learn about professionalism and gain experience.

    Cons

    Even small decisions needs several meetings to get approved. Technical infrastructure is old, bloated, and in serious need of upgrades. The training they provide is for older technology systems. Rather than up to date they are playing catch up to get even basic features current.

    Advice to Management

    Rapidly update systems as they are old and outdated.


  6. "Independent insurance contractor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Independent Insurance Contractor in Valparaiso, IN
    Current Employee - Independent Insurance Contractor in Valparaiso, IN
    Recommends
    Positive Outlook

    I have been working at Indiana Farm Bureau Insurance full-time (More than 8 years)

    Pros

    Extremely good to employees. Very nice environment

    Cons

    Can only write business in the state you're in

    Advice to Management

    No advice to management at all


  7. Helpful (1)

    "The Farm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Life Analyst in Indianapolis, IN
    Current Employee - Life Analyst in Indianapolis, IN
    Doesn't Recommend
    Positive Outlook

    I have been working at Indiana Farm Bureau Insurance full-time (More than 5 years)

    Pros

    Great company to work for short term or for people looking to retire.

    Cons

    Compensation is low and career development is minimal.


  8. Helpful (2)

    "Not a Career Opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent in Northwest Manor, IN
    Former Employee - Insurance Agent in Northwest Manor, IN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    You have no overhead with this company

    Cons

    No residual income until you become an "independent contractor" with the company. This usually takes 3 years, so for 3 years the company keeps all your residual income. Secretaries do absolutely nothing. Mine liked to shop online. This company only cares about life insurance. If you do not sell a lot of life insurance you do not matter to management at all. I sold a lot of life insurance and then they want to be buddies with you. Rates are high and they charge clients a membership of $32.50 annually to have insurance. Agents consistently try to steal your clients especially when you are new. System allows agents to see anyone insured so it makes this easy for agents to go after other agents larger clients. The systems in themselves are archaic. They offer no retirement and the health insurance is ridiculous. Company can not decide if they want to sell commercial insurance or not since they are very picky about what you can write. Company lacks a clear cut identity.

    Advice to Management

    Stop beating up on your agents.


  9. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Life Service Analyst II in Brownsburg, IN
    Current Employee - Life Service Analyst II in Brownsburg, IN
    Recommends
    Positive Outlook

    I have been working at Indiana Farm Bureau Insurance (More than a year)

    Pros

    Good people to work with and for. Opportunities for lateral or upward mobility.

    Cons

    The systems are slow and cumbersome. They are working on upgrading.

    Advice to Management

    Stay focused on growing people, and you'll keep growing the company.


  10. "Insurance Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Columbus, IN
    Current Employee - Insurance Agent in Columbus, IN
    Recommends
    Positive Outlook

    I have been working at Indiana Farm Bureau Insurance full-time

    Pros

    No overhead, no rent, they provide everything you need to succeed if you are willing to work. This is one of the best companies I have ever worked with! New management is launching this company forward.

    Cons

    Behind in technology for now. Very cumbersome systems.

    Advice to Management

    Keep doing what you are doing. You are fostering a terrific work environment.


  11. "Great community culture and calm atmosphere, room for advancement if you work there long enough"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Associate in Indianapolis, IN
    Current Employee - Customer Service Associate in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good flexibility and hours, Enjoy community of people and relaxing set up.

    Cons

    Pay is a little below industry standard. Technology is behind.

    Advice to Management

    Coach employees and develop professionalism.


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