Lincoln Financial Group Reviews

Updated March 19, 2015
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127 Employee Reviews

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  1. Excellent company to work for.

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

    I have been working at Lincoln Financial Group

    Pros

    Completely invested in the employee. Training is top notch.

    Cons

    Need more work for the position.

    Advice to ManagementAdvice

    Create a way for Benefit Counselors to work more hours and get more recognition for the work they do.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. Sales Consultatant

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

    I have been working at Lincoln Financial Group

    Pros

    Own schedule
    Own hours
    In charge of salary

    Cons

    None really
    Make your own scheudule
    Great!

  3. 1 person found this helpful

    LFG Review

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

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

    Pros

    A Great place to work!

    Cons

    Some positions are very high stress.

    Recommends
    Positive Outlook
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  5. Lincoln Financial from an Actuarial Perspective

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

    I have been working at Lincoln Financial Group

    Pros

    The people are great to work with

    Cons

    There are not enough people on staff to meet the demands of the business

    Recommends
    Positive Outlook
  6. 1 person found this helpful

    Don't Believe the Hype

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

    I have been working at Lincoln Financial Group full-time

    Pros

    This job is a great way to learn how to survive. You are on your own and if you make it here you can make it anywhere!!!

    Cons

    They will tell you this job has unlimited pay potential and the average Retirement Consultant makes 90k a year. FYI out of 80 only about 2 made that much, so odds are it won't be you!!!! You will be lucky to make half that much, so be ready to apply for government assistance. You will be asked to sell people things they don't need, so again, you can't say you didn't know before hand.

    Advice to ManagementAdvice

    How you lie to prospective employees is amazing, as the business changes your Retirement Consultants will be exposed for what they are annuity salesmen and nothing else.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 4 people found this helpful

    This is the oddest place to work, way too top heavy and no one makes a decision.

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

    I have been working at Lincoln Financial Group

    Pros

    The compensation is good, the people are great b

    Cons

    Nothing is urgent. Too many avp'so who will not make decisions unless it's by committee. Entirely a meeting based culture.

    Advice to ManagementAdvice

    Staff appropriately, empower employers, thin the AvP level. Add more managers who know what's really going on.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. Great company, not afraid to make necessary changes

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

    I have been working at Lincoln Financial Group

    Pros

    Great environment for any one looking to be in an established company. Proper tools to execute job well. Always looking to improve processes and procedures.

    Cons

    A little behind on software and technology. Though they do take steps to do better, sometimes just seemed behind the curve of technology and working with streamline processing.

    Advice to ManagementAdvice

    Construct a better training and follow up system.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful

    One of the most difficult sales positions you will encounter. People don't give life insurance salesman enough credit.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Life Insurance Sales in Lancaster, PA
    Current Employee - Life Insurance Sales in Lancaster, PA

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

    Pros

    Your income is endless and is based upon how much premium you collect for life insurance policies that stays in force for at least 1 year. If the client pays for less than a year, you will face a recapture of the commission. Lincoln has very competitive underwriting and are is very competitive in many areas of the business, especially the high dollar clients.

    Cons

    Your year isn't necessarily determined by how successful you are at sales because many sales go southbound based on underwriting. Underwriting can make or break your year. I had dozens and dozens of life insurance declines or rated policies over the years that clients wouldn't accept. Just like any sales job, you can end up doing a lot of work for nothing. It's difficult to get people to sit down and discuss life insurance. Many people are foolish enough to think what they have at work is enough and then come crawling back hoping to get some life insurance coverage once they have a heart attack, get cancer, become diabetic, or one of the many other health conditions that would make them uninsurable or highly rated, but then of course, it's too late. You are in competition with many other life insurance salesman that can sell the same thing, so it is definitely a relationship business.

    Advice to ManagementAdvice

    It's not really about management. You are pretty much on your own to find clients and network for business.

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

    The great benefits may not be enough for this company

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

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

    Pros

    Benefits are great! The management tries to engage employees. There are some great managers. Work life balance is excellent in some departments and completely non-existent in others.

    Cons

    Little room for advancement, employees applying to internal jobs are treated poorly.

    Recommends
    Positive Outlook
    Approves of CEO
  11. Nice 401k Package

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claims Examiner in Omaha, NE
    Current Employee - Claims Examiner in Omaha, NE

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

    Pros

    401 K core/match are a great benefit. Work/Life balance is really good, very flexible with work schedules.

    Cons

    Sometimes seems that management does not listen to those underneath them.

    Recommends
    Positive Outlook
    Approves of CEO

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