Woodmen of the World/Omaha Woodmen Life Insurance Society is recognized as one of the most successful and financially sound fraternal benefit societies in America. Teamwork is the catalyst that has initiated our unprecedented growth. This teamwork, coupled with the success of competitive life insurance and annuity products and outstanding fraternal benefits, has established Woodmen as a leader among both fraternal and commercial life insurers.
The Society promotes a culture that values individuals and their differences in an effort to realize the full creative potential of all associates. We work very hard to provide a quality work environment for every associate, resulting in opportunities for personal and professional growth.
The future is bright for Woodmen. Our associates are well-trained professionals, our fraternal program is stronger than ever and our products are rated among the best. Woodmen is ready for the future.
About Woodmen
One of the largest fraternal benefit societies in the United States, Woodmen was founded in Omaha, Nebraska, on June 6, 1890, by Joseph Cullen Root with the purpose of providing members with insurance protection and fraternal benefits.
Today more than 500 associates in our Omaha headquarters work hand-in-hand with 1,700 field associates to provide financial security and fraternalism for our 840,000 members across the nation.
Woodmen offers a variety of insurance and annuity products, providing quality coverage to meet our members’ needs. Our insurance and annuity products include:
- Whole Life
- Flexible Premium Life
- Term Life
- Disability Income
- Hospital Indemnity Insurance
- Roth IRA
- SIMPLE IRA
- Equity Indexed Annuity
- Basic annuities.
Our Mission
To help ensure financial security for our members by providing quality products and exceptional service.
To foster fraternalism through family, civic, charitable and patriotic activities.
To achieve these results through superior teamwork and dedicated leadership.
To be mindful that we exist for the benefit of our members.
Associate Benefits
Woodmen is committed to providing our associates with a generous benefits program, including comprehensive medical and dental coverage, life and disability insurance, paid vacation, several holidays, sick leave, service bonuses, excellent retirement benefits, pre-tax spending accounts for health and child care expenses, and much more.
The following are a list of just a few of the many tangible benefits that assure our commitment to our associates:
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Health Care & Dental Plan
- Associate Mentoring Program - Structured program that matches a prot g (new current associate) with an experienced Woodmen associate (mentor).
- Casual Dress Code - Business casual allowed five days a week.
- Safe Care Program for sick children - Total reimbursement for emergency sick care at hospitals which offer such programs.
- Employee Assistance Program - Information, referral and counseling for employees and their family.
- Service Bonus - Associates are eligible for a service bonus after five years of service.
- Associate Referral Incentive Program - Monetary award for associates who recommend an applicant for a vacant position and consequently that applicant is selected for employment.
- New Child Welcome - For every new child born or adopted by an associate, he or she is presented with a sterling silver cup engraved with the baby’s name.
- Supportive Learning Environment - Paid class and study time, annual student recognition lunch, Home Office classes offered.
A PPO Health Care and Dental Care Plan is available to all full-time regular associates and his/her eligible dependents. Generally, our plan covers necessary and reasonable medical expenses due to illness or accidental bodily injury.
Vision Discount Plan
Following thirty days of regular, full-time employment, associates are eligible in the vision discount plan. This plan provides members with a card they may take to participating vision providers and obtain discounts on eye exams and on the purchase of eyeglasses for themselves and their immediate family.
Flexible Spending Accounts
Woodmen offers three flexible spending accounts which allow you to use pre-tax dollars to pay for certain day-to-day expenses. The Benefits Account allows an associate to set aside pre-tax dollars to pay premiums for group health and/or dental insurance coverage for the associate and his/her dependents. The Dependent Care Account allows an associate to set aside pre-tax dollars to be reimbursed for expenses incurred for care of an elderly family member, a dependent child or children up to age 13, or a disabled family member. The Parking Account allows associates to set aside pre-tax dollars to pay for the cost of subsidized parking.
Associate Group Life Insurance After three months of service all regular full-time associates are provided group life insurance equivalent to their annual salary at no cost to the associate. An associate may purchase additional group life insurance equal to one or two times their annual salary.
Group Disability Short and long-term disability insurance is provided to an associate after three months of service at no cost to the associate.
Group Travel and Accident All associates regardless of length of service are provided, free of cost, travel insurance if traveling on business for the Society.
Associate Retirement Plan An associate participates in a Woodmen Retirement Plan at no cost. The defined benefit plan provides a retirement benefit based on the average annual salary for the associate’s best five years of service. Normal retirement is age 65, and there are provisions for early retirement, special early retirement, disability retirement and vested retirement.
Woodmen’s 401(k) Plan This plan is provided in addition to the normal retirement benefits. Enrollment in the plan is January 1 or July 1 after meeting eligibility requirements. This is an IRS qualified retirement plan and contributions and earnings are tax deferred.
Vacation
Full-time and part-time associates (regular associates) are eligible for vacation benefits. Full-time associates receive three days of vacation after six months of employment. Part-time associates earn vacation on the first day of their anniversary month at a percentage of their bi-weekly hours after one year of service.
Sick Leave
Full-time and part-time associates are eligible for paid sick leave. Full time associates accumulate four days of sick leave after six months of service. Part-time associates earn sick leave on the first day of their anniversary month at a percentage of their bi-weekly hours after one year of service.
Holidays
The Home Office observes nine paid holidays including a floating holiday designated by the Executive Committee.
Tuition Reimbursement Plan
Woodmen recognizes the importance of continuing education, training and development of all associates. Through the Society’s Home Office Training, eligible associates may be reimbursed up to 100 percent of their tuition costs and other covered expenses for insurance industry courses and college classes. Other internal classes are also offered to help associates improve and enrich their work life and their opportunities for career advancement.
Other Woodmen Benefits