Beneficial Life

  www.beneficialfinancialgroup.com
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Beneficial Life Reviews

Updated Feb 14, 2014

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All Employees Current Employees Only

3.6 8 reviews

100% Approve of the CEO

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Kent H. Cannon

(3 ratings)

100% of employees recommend this company to a friend
8 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Provided credit report about company assigned.

    Investment Analyst (Current Employee) Salt Lake City, UT

    ProsBeing able to obtain financial skills and knowledge.

    ConsThe company does't issue insurance policy any more.

    Advice to Senior ManagementBe punctual for deadline.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great company to work for

    Anonymous Employee (Former Employee) Salt Lake City, UT

    ProsThe company has very nice and talented people. The working environment is very friendly. There are rooms for junior staff to grow. The company is expecting to produce renewal profits going forward.

    ConsThe company is in run-off, i.e. it is not accepting new business but will continue to serve its existing customers. The customer service is very professional

    Advice to Senior ManagementMore transparency will be helpful.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Good experience but they don't give offer for summer interns.

    Anonymous Employee (Former Employee)

    ProsI applied on campus, they seemed nice and really helped a lot in the intern. Learned a lot

    ConsNo very many opportunities. The management seemed not in order.

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good company to work for

    Anonymous Employee (Former Employee)

    ProsGood work culture, fund place to work at.

    ConsThings can be slow sometimes

    Advice to Senior ManagementNone

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    I learned a lot.

    Credit Risk Analyst Interen (Former Employee) Salt Lake City, UT

    ProsI learned a lot about what goes into determining the credit risk profile of potential fixed-income securities. It was good but not as good as an internship at a big bank would have been.

    ConsThe internship was for academic credit rather than money.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Nice people, low pay

    Actuarial Intern (Former Employee) Salt Lake City, UT

    ProsBeneficial has a nice, friendly environment. The people there are all nice. They are willing to give you time off when you need it.

    ConsI didn't get as much support or feedback on my project as I would have liked. They generally pay less than other life insurance companies. They are in runoff mode, meaning they are not selling any new life insurance policies and are gradually shrinking down to nothing.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    A great growing experience

    Anonymous Employee (Former Employee) Salt Lake City, UT

    ProsGreat regional company that allows you to get exposed to big picture view of the insurance company. You don't have to deal with SOX or any of the other annoying regulations

    ConsJob opportunities will be limited going forward because the company has gone into runnoff. It is sad because it was the only real life insurance company in Utah.

    Advice to Senior ManagementI think management did a great job. The only downfall was that it was a regional company that was trying to compete with big companies that had larger economies of scale. They were fighting a losing battle.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    exciting and educative

    Supervisor (Former Employee) Douala (Cameroon)

    Proscareer progress and a good salary scale

    Consslow in decision making and little room for promotion

    Advice to Senior Managementthe sucess of a company depends on all the employees and not a few individuals

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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