Federated Insurance

Item: Federated Insurance
Rating: 3.6
Author: RepVue

23 Employee Ratings

23 Ratings

74% Verified

3.6

Rate this Company

RepVue Score

0

Top 20% of Companies

Federated Insurance

23 Employee Ratings

74% Verified

3.6

84.04

RepVue Score

Home CompaniesFederated Insurance

Profile Highlights

Top Company on RepVue!

Federated Insurance ranks in the top 20% of all companies on RepVue

High Quota Attainment

Federated Insurance quota attainment far exceeds the industry average

Competitive Salaries

OTE at Federated Insurance for Mid Market Account Executives and SMB Account Executives is highly competitive compared to industry peers. View salaries

Performance Category Ratings

See how employees rated Federated Insurance in RepVue’s key performance categories

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

3.5

63rd%of Professional / Business Services orgs

# 120of 332 Professional / Business Services orgs

Base Compensation

3.8

81st%of Professional / Business Services orgs

# 63of 332 Professional / Business Services orgs

Incentive Compensation Structure

4.5

98th%of Professional / Business Services orgs

# 6of 332 Professional / Business Services orgs

Product - Market Fit

4.0

72nd%of Professional / Business Services orgs

# 90of 332 Professional / Business Services orgs

Professional Development and Training

4.1

95th%of Professional / Business Services orgs

# 14of 332 Professional / Business Services orgs

Inbound Lead / Opportunity Flow

2.9

60th%of Professional / Business Services orgs

# 132of 332 Professional / Business Services orgs

Diversity and Inclusion

2.7

2nd%of Professional / Business Services orgs

# 326of 332 Professional / Business Services orgs

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About Federated Insurance

federatedinsurance.com

Professional / Business Services

Bootstrapped

1,001-10,000

Minnesota - Other

At Federated Insurance, we take pride in providing American businesses in select industries customized property and casualty; umbrella and life and disability income; bonding; surety;...More

Percent that Attain Quota?

Excellent!of team members typically hit their quota

Professional / Business Services Industry Average

47%

Global Average

42%

Quota Attainment at Federated Insurance

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Account ExecutiveSalary data from 5 ratings

Base Pay$50k

OTE$200k

Top Performers$800k

SMB Account ExecutiveSalary data from 5 ratings

Base Pay$50k

OTE$200k

Top Performers$1.1m

Mid Market Account ExecutiveSalary data from 4 ratings

Salaries at Federated Insurance

Reviews

Former Employee

2.6

November 22, 2023

Poor. Lack of training. Training was 3 weeks of product training lead by a guy that hasn’t sold in 20-30 years. Training revolved around internal products and services. No training on prospecting, talk tracks , or presenting. Not a great company if you’re looking to grow your sales ability.

Useful

Current Employee

4.9

July 2, 2023

This sales organization is set up to hire, train, and develop their best people each and everyday. You have significant support from others in the organization which allows you to truly grow your own brand. The compensation and benefits are unmatched for a top competitor looking to work with the top companies face to face as their advisor.

Useful

View All Reviews

Reviews at Federated Insurance

Anonymous Q&A

Anonymous Sales ProAug 21, 2023

What does the career / promotion track look like for a entry level sales rep over the first 5 years - what does success look like?

0 Answers

View all Q&A

Anonymous Q&A at Federated Insurance

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

74%

Job Categories

Account Executive

69%

Other

30%

Employee Status

Ratings submitted by current employees

70%

Ratings submitted by former employees

30%

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Frequently Asked Questions

Federated Insurance has an overall employee rating of 3.6 out of 5 and a RepVue score of 84.04. They are ranked #49 out of all Professional / Business Services organizations.

Currently it is reported that 65.0% of the reps at Federated Insurance are hitting quota.

Federated Insurance has a rating of 3.5 out of 5 for culture and leadership. They are ranked #1434 in this category out of 4783 companies.

Federated Insurance has a rating of 4.0 out of 5 for Product - Market Fit and is ranked #90 out of 332 Professional / Business Services companies.

FAQ at Federated Insurance

About Federated Insurance

federatedinsurance.com

Professional / Business Services

Bootstrapped

1,001-10,000

Minnesota - Other

At Federated Insurance, we take pride in providing American businesses in select industries customized property and casualty; umbrella and life and disability income; bonding; surety;...More