Commercial Underwriter - Sr. Commercial Underwriter Federated Insurance Employee Review

3.0
29 Dec 2018
Recommend
CEO approval
Business outlook

Pros

Good salary. Great people! Plenty of resources to get your job done. Most managers don’t micromanage. Great working relationships. Smart business, industry conservativeness is done the way it needs to be to stay solvent and have good ratings and gradings from a money management and pricing standpoint. Great bonus opportunity! Career growth options are extensive in the larger home office location. Limited at other cities, but if they would open up departments to having employees in the other cities, there is a lot of potential! Future potential is huge for many avenues, new generations will help drive diversity, and employee flexibility in terms of telecommute options, etc, for a better work-life balance for each individual. All items in the cons section can easily be remedied and evolve into pros with the open-minded management of newer generations.

Cons

No telecommuting options to accommodate work-life balance, to Federated work-life balance only means getting your work done at the hours and place they can watch, so it is really about work balance, not really allowing options to help the life balance fit. Business Casual in an atmosphere that really doesn’t need it. Stiflingly conservative. I feel stuck, like punching a clock on salary, managers roaming the cubicles to keep tabs, can only work from home when not getting paid for the time (sick, vacation, extra unpaid hours only). Few paid holidays and below average vacation days. Inflexible for families, no allowance for working from home as needed (sick kids, etc), even though it is completely possible. Older technologies. Diversity of people is lacking. Upper management pats themselves on the back too much when anything “diverse” happens, quotas feel like a real thing.

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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