Old timers - Risk Analyst Federated Insurance Employee Review

3.0
May 16, 2013
Recommend
CEO approval
Business outlook

Pros

Great training program, family atmosphere. Good town to raise a family (Owatonna). A lot of nepotism and cronyism (positive if you are a Buxton).

Cons

Old boy network, Jack Welch management model (get rid of bottom performing 20% of employees whether warranted or not). Limited fresh ideas, co-signers in upper management. Limited promotion ops and functions on lower end of pay range. Manages by intimidation.

Explore other reviews about Federated Insurance

5.0
Jun 5, 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
Jun 23, 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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