A happy home for a workaholic. - Anonymous employee Federated Insurance Employee Review

4.0
30 Nov 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Federated has an excellent training program for marketerers, and do a good job at keeping their people up to speed. Employee benefit programs are exceptional, and those that can make it to retirement will be very comfortable.

Cons

Upper management has become very inbred over the years, and the "good ol boy" system still is in place. Mr. Annexstead promoted his BFF to CEO, but remains behind the scenes making all major decisions. Many in senior management are talking the talk, but do not really have a clue about what is going on in the field. Way too much pressure to sell their profitable life insurance line, and that pressure can blur the line on ethics. Big life sales equals promotions, and many managers did not achieve success ethically.

Explore other reviews about Federated Insurance

5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

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.

Cons

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

1.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Pension and cheap health insurance

Cons

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

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