Velapoint

www.velapoint.com
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Velapoint Reviews

34 Reviews
2.8
34 Reviews
Rating Trends

Recommend to a friend
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Aaron Goddard
12 Ratings
  •  

    Selling for Velapoint

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Hillsboro, OR
    Former Employee - Insurance Agent in Hillsboro, OR

    I worked at Velapoint full-time (more than a year)

    Pros

    Many of agents have left Velapoint to go after higher commission Insurance opportunities, only to come back after a few months of seeing that the grass is not so greener on the other side. I am one of those agents. There are a 101 insurance opportunities at any given time, most of them are 100 percent commission and building that business can take lots of time and money. Velapoint offers a base pay to agents, they pay for all your licenses, training and leads. Being a sales agent for Velapoint means that all you do is 100% selling. The commissions are small compared to industry standard, but volume is so high that most agents (including myself) are making between 3000 to 6000 per month their first year. It is common to have between 5 to 13 applications submitted daily per agent. That is hard to walk away from, considering you don't have to prospect, there's no outbound calling and its health insurance (ACA), which people need, so the selling part is easy. The office environment is busy and friendly; the average age is about 32, so young people having fun and making money. Managers are all very positive and hardworking people. Velapoint is always actively trying new things, sometimes they work and sometimes they don't. Good news it they are always improving and there is always opportunity to grow within the company.

    Cons

    Velapoint is growing very fast and they had some problems with leadership (ie: an HR person and a contracted president)- nobody said anything and Velapoint lost a lot of great people who where dissatisfied. They have changed that and reports from former co-workers tell me it has improved greatly. At this time Velapoint doesn't offer any employee benefits, but the word is that that may also be changing. Entry level positions at Velapoint are not sustainable for long term, lots of turn over in screener and CSR departments- it would be my advice to anyone starting at Velpoint in an entry level position to have a goal to obtain a license and become a selling agent or a manager. In addition, this is a very high energy, very busy call center, corporate environment (that may be a pro or a con depending on the person), and because of the amount of business being done by the agents there is little time spent one-on-one between managers and agents. Most all communication comes via email which you are expected to read, comprehend and comply all while taking calls and selling product. It can be intense at times.

    Advice to ManagementAdvice

    Find some time to connect more with agents one-on-one. More call reviews and sales training.

    Recommends
    Positive Outlook
    Approves of CEO

Velapoint Interviews

Interview Experience

Interview Experience

42%
42%
14%

Getting an Interview

Getting an Interview

82%
8%
8%

Interview Difficulty

1.9
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Sales Manager Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I applied online. The process took 6 daysinterviewed at Velapoint in August 2014.

    Interview Details

    I applied for a supervisor position and when HR contact me, she thought that my experience would be better suited in a Sales Manager role. Met with COO. I was asked fairly straightforward management questions. I was not asked about any of my previous accomplishments in a leadership role. They appeared to be concerned with my progressive experience as I have been promoted multiple times and left companies for better opportunities. They were also concerned that I appear to be 23 years old.

    Shortly thereafter I was introduced to the Director of Sales and she then advised me that all employees start as an insurance agent and then have the opportunity to move to a Sales Manager position which contradicted what I was previously told. The Director of Sales did not ask me any questions relative to my experience. She then advised me that I have to pay for insurance agent certification instead of being sponsored by the company as HR had previously advised me.

    Interview Questions
    • "How old are you?" "What is your management style?"   View Answer
    No Offer
    Negative Experience
    Easy Interview

Velapoint Awards & Accolades

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Additional Info

Unlock Profile
Website www.velapoint.com
Headquarters Seattle, WA
Size 150 to 499 Employees
Founded 2006
Type Company - Private
Industry Insurance
Revenue Unknown / Non-Applicable
Competitors Unknown

VelaPoint was founded in 2006 on a simple principle; “Treat the customer to an insurance experience that we would wish to have.” How this is done is no secret.

VelaPoint is an independent personal insurance agency - the ideal one-stop insurance shopping marketplace. Our independent agents have access to all major carriers nationwide to shop for the best plan to fit your unique individual needs.

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