Great Pay, Excellent Training, Horrible Managers all around - Recensione dipendente - Marketing Representative presso Federated Insurance

1,0
3 apr 2015
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great training, Great pay, Great benefits, You are provided with a lot of tools

Svantaggi

There is a high importance to sell every line of insurance, yet Life ins is 95% of your success. Sales managers are very hit or miss. they can be your best resource/friend/asset or someone you want to crash your car with every time they ride with you. Just because your manager was good in sales doesn't not positively correlate to their skills on managing and leading others. VERY bad rates on many P&C lines of business. You are only able to write around 15-20 lines of business. You will only be competitive in around 3-5 lines of business. Also, about 5% of your quotes with be competitive. Underwriting is a pain in the butt and too strict. No exceptions made. Too micromanaged Pay structure is confusing/difficult (even for a veteran CPA) You are the CSR rep for your accounts. You collect all info, input the policy info, take pictures, send in info, help with underwriting, put the quote together, and obviously deliver/sell the policy. 10-20% in every policy every year, have fun going to bat for every client even if they are your best! Expected to sell $20k+ annual premiums to every client you have. Must sell $60k+ premium per year in Life Insurance premium (while selling all other lines of insurance) Moving to Minnesota for a year. The town sucks, the locals hate you, the employees either hate you or like you. You are in a fish bowl and people will turn you in for driving too quick or having too much fun. Welcome back to elementary school.

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5,0
5 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Hands down, the best employment culture of any company I’ve worked for in my 25+ years practicing law. Federated is a true rarity - a company that genuinely lives its corporate values every day, in decisions both large and small. Leadership listens to employees with curiosity and a willingness to improve, not defensiveness or indifference. There’s a common refrain that if a company takes care of its employees, those employees will, in turn, take care of customers. I’ve never seen that philosophy embraced or executed as successfully as it is at Federated. Success is recognized and rewarded, teamwork - or “interdependence,” as we call it - is the norm, and challenges or setbacks are treated as opportunities for constructive feedback and growth. And that’s before even mentioning the outstanding compensation and benefits. I recommend Federated wholeheartedly and without reservation to friends and family.

Svantaggi

Business formal dress code for more senior positions may be a bit antiquated.

1,0
23 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Pension and cheap health insurance

Svantaggi

Working with the entitled MRs, micromanagement, high work stress, no flexibility for WFH

1
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