CNO Financial Group Reviews

Updated January 14, 2015
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CNO Financial Group CEO and Director Edward J. (Ed) Bonach
Edward J. (Ed) Bonach
20 Ratings

13 Employee Reviews

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  1. Crazy

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

    I worked at CNO Financial Group

    Pros

    The pay is descent but not sure it worst it.

    Cons

    This by far is one of the most unorganized companies I have ever worworked for. No one and I do mean no one knows what the right hand is doing.... I can only attest to their claims dept. A Co worker came from another area and stated it was more organized over there.

    Security access .... you would think you were working for the president of the united states.... # months or longer to gain access tto do your daily job..... for real

    Management or team leads are never available... good luck getting a question answered.

    Advice to ManagementAdvice

    Wake up.... and get it together.
    Implement an official training program for the claims department, it is not effective to rely on one or two individuals to train staff, and those that your relying on do not know that much!!!!!!!!!!!!!!!!!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 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
  3. 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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  5. 2 people found this helpful

    WA 1

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

    I worked at CNO Financial Group full-time

    Pros

    diverse staff, community awareness, clear expectations,

    Cons

    micro managers, no room for advancement, outdated operating systems, not a friendly environment.

    Doesn't Recommend
    Neutral Outlook
  6. 2 people found this helpful

    Dead end

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

    I worked at CNO Financial Group full-time (more than 8 years)

    Pros

    Many of the people below manager are friendly and great to work with.

    Cons

    Managers are inept and manage by fear.

    Advice to ManagementAdvice

    Stop saying you work through teamwork, recognize that your teams are really cliques and change the culture. Likewise, stop obfuscating information with the PowerPoint charts. Most of those have too much meaningless information. Let your managers do their jobs and don't micro-manage.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful

    Good at first but went downhill fast

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

    I worked at CNO Financial Group full-time (more than 10 years)

    Pros

    They had good people...so long as they did not get laid off. Provided a good selection of software tools to use.

    Cons

    Top heavy management and apparently random layoff of working staff. They laid off a few senior people and had to bring them back because no else could do their job. That is how stupid management was

    One VP promised upper management they would convert six systems to new application in nine months when the industry standard is about 12-18 months to convert one system. They did it in about a year but the conversion was faulty due to hurrying the job. Another example of poor management.

    They were real big on project management. I worked on project where the project manager finished up the project plan about a week after the project wrapped. I never found a project manager there who was of any value to me. I often attended weekly hour-long meetings where I would contribute my 30 seconds and then get nothing from any other part of the meeting. Their main job seemed to be churning out paper for upper management.

    I quit because I did not know from one day to the next if I would have a job or not.

    Advice to ManagementAdvice

    Reduce your executive payroll and hire more good people to actually do the work. Be careful of the promises made by middle management officers on the lookout to move up in the company. They can lie to you or mislead you in order to look good and then pressure their staff to meet an unrealistic deadline with a defective product.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful

    Very much an old boy's club atmosphere. Not much loyalty from management to the employees.

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

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

    Pros

    The pay was above average

    Cons

    Management seemed to have no direction.

    Doesn't Recommend
    No opinion of CEO
  9. 1 person found this helpful

    Enter at your own risk

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Systems Analyst/Programmer in Carmel, IN
    Current Employee - Systems Analyst/Programmer in Carmel, IN

    I have been working at CNO Financial Group

    Pros

    - Relatively flexible working schedule
    - Decent benefits, outside of health care
    - Competitive pay
    - Commitment to employee training/education

    Cons

    - Incredibly poor morale
    - Senior Management has taken an adversarial position with their employees
    - Very poor job security - constant layoffs
    - Very political - you won't advance if you aren't in good with someone
    - Lot of cheap, counter-productive offshore IT resources which shifts the workload onto the already taxed stateside associates
    - Far too many middle managers
    - Increasingly oppressive policies

    Advice to ManagementAdvice

    Quit sending jobs overseas...remember, you sell policies in the U.S., not India! Treat your employees like resources, not expenses on your balance sheet.

    Doesn't Recommend
  10. Mass highering

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Agent in Saint Louis, MO
    Former Employee - Agent in Saint Louis, MO

    I worked at CNO Financial Group

    Pros

    You can potentially make a lot. Everyone that was there was pretty cool to work with, I mean you have to have a good personality in "sales".

    Cons

    4 days a week/17 hour days---which I know, alot of ppl say they can do that, but it sucks. Expect to pay for food/hotels/and LOTS of gas! Sucks on weeks you only make $200. Farm towns are awful, don't let them tell you that all farmers have money and will be willing to buy from you, they won't. I've had so many doors slammed in my face.

    Advice to ManagementAdvice

    Stop mass highering people, explain to your managers to explain to the new potential agents that COLD CALLING IS KEY! They say theyre all "preset appointments", BS! You walk door to door....it's awful. I paid for my Insurance License and don't even use it anymore cuz the insurance market where it's 100% commission is tough, don't take the weekly $500 withdrawal they offer when you first start...definitely avoid that!

    Doesn't Recommend
    Disapproves of CEO
  11. 1 person found this helpful

    Consistently Undervalued

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Agent Care Representative in Carmel, IN
    Current Employee - Agent Care Representative in Carmel, IN

    I have been working at CNO Financial Group

    Pros

    Work your hours and go home, decent benefits package

    Cons

    Lying to potential employees about advancement opportunities and schedule, a complete lack of communication throughout the company,

    Advice to ManagementAdvice

    Grow brains

    Doesn't Recommend
    No opinion of CEO

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