CNO Financial Group

www.cnoinc.com
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CNO Financial Group Reviews

Updated February 15, 2015
Updated February 15, 2015
41 Reviews
2.7
41 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CNO Financial Group CEO and Director Edward J. (Ed) Bonach
Edward J. (Ed) Bonach
41 Ratings

Review Highlights

Pros
  • CNO offers a good work/life balance (in 6 reviews)

  • Lots of opportunities in the short term, for resume building (in 3 reviews)


Cons
  • Senior management is a good ol' boys club that offers lucrative contracts to associates without regard for the business outcome (in 4 reviews)

  • Management and Upper management look at their employees like numbers instead of people (in 3 reviews)

More Highlights

41 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Lots of hard-working people stretched thin by lack of resources.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in Chicago, IL
    Current Employee - Software Developer in Chicago, IL

    I have been working at CNO Financial Group full-time (more than 3 years)

    Pros

    Opportunities to interact with various business units and learn the insurance business.

    Cons

    Very burdensome software release process with lots of paperwork. Mainframe-based legacy systems need to be replaced. HR won't promote employees in-place; need to post to a new position.

    Doesn't Recommend
    Negative Outlook
  2.  

    Getting better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group

    Pros

    Lots of opportunities for learning and interesting work

    Cons

    The company is comprised of many companies and hard to tie all them together

    Advice to ManagementAdvice

    Simplify

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Beware

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group full-time (more than 10 years)

    Pros

    Schedule flexibility. Most of the employees (outside of management) are genuinely nice people.

    Cons

    Inept management. Employees are undervalued. Reliance on off-shore resources. Disorganized mess.

    Doesn't Recommend
    Negative Outlook
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  5.  

    Good but not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group

    Pros

    company has been through bankruptcy and survived

    Cons

    little advancement, not based on experience or skills

    Advice to ManagementAdvice

    none

    Doesn't Recommend
    Neutral Outlook
  6.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group

    Pros

    I was able to learn new skills.

    Cons

    At one time, the micro management.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Easy-going, will treat you well; slow to change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Carmel, IN
    Current Employee - Anonymous Employee in Carmel, IN

    I have been working at CNO Financial Group full-time (more than a year)

    Pros

    Appropriate base compensation, especially considering how laid back the work environment is. As many people have stated, the expectations of employees are very reasonable (sometimes too low). If you are good at your job and exhibit the ability to constantly learn about the business, there will always be opportunities for you. The C-level leadership is fantastic for the most part, and financial results speak to that more than a reviewer on here ever could. Most benefits are good, and the company really seems like they care about their people. Being in the business they are, innovation is not too important in the market. But with employees and culture, they seem to be trying new things every quarter. Their wellness programs, company volunteer opportunities, and philanthropic activities should be applauded. The on-site clinic and cafes are fantastic.

    Cons

    401k is very average/below average, and financial incentives are uninspiring. Although they are working to improve it, the culture is still defined by legacy and people, and therefore, a bit resistant to change. Company systems, office design and employee policies lag far behind modern common practice. More specifically, I have heard coworkers from nearly every department express concern with the technology and systems needed to do their jobs. The old, clunky, "specialized" systems seem to drastically affect people's abilities to solve problems everyday, and they have created complicated processes that are hard to overcome. Most offices on campus are comparatively older and bland (white noise, very little color, old art, etc.). Carmel is nice, but it makes you feel detached from the growing business community in Indy.

    Advice to ManagementAdvice

    Management seems very interested (and capable) in changing the culture and becoming a leader in their market, industry, and community. Make the tough decisions necessary to see your vision play out. If you believe the old culture is holding you back, you shouldn't be afraid to say it and act on that belief. Try new things that will attract and retain top talent. The people, in addition to the quickly improving financial situation, will further promote long term success.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Run far, far away from the Claims Department CNO Financial in Carmel, Indiana!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claims Associate in Carmel, IN
    Current Employee - Claims Associate in Carmel, IN

    I have been working at CNO Financial Group full-time (more than 5 years)

    Pros

    I have worked at CNO Financial for Five years now and the 'pros' I had when I started have now dwindled down to only one.....it's close to my home.

    Cons

    The Supervisors and Managers do not have any working knowledge of their employees daily work flow. Most of the Management does not know how to manage or motivate their people.

    Advice to ManagementAdvice

    My advice to upper Management is to clean house of the middle management and start fresh with internal employees that ACTUALLY know the work (and aren't just suck ups to the current Management). The only worthwhile and down to Earth person in Claims Management is SVP, Michael Heard.

    Doesn't Recommend
    Neutral Outlook
  9. 1 person found this helpful  

    Pros and cons

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at CNO Financial Group full-time (more than 5 years)

    Pros

    Decent pay. Opportunities for advancement.

    Cons

    Upper management not in tune with a understanding day to day functions of departments.

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Senior Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group

    Pros

    The employees are for the most part very friendly and supportive. Salaries are decent.

    Cons

    Management and Upper management look at their employees like numbers instead of people. Fire people who actually have knowledge so they can bring in outsiders who are cheaper and no little or nothing. Work is dumped on those remaining until they can no longer meet expectations.

    Advice to ManagementAdvice

    Look in the mirror to see where the problems are.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Worst company ever

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CNO Financial Group

    Pros

    Lots of job opportunities and great training. I learned a lot about insurance particularly long term care.

    Cons

    My direct manager was awful! Lots of favoritism and HR was bias.

    Advice to ManagementAdvice

    Start valuing your people

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