CNO Financial Group
2.6 of 5 42 reviews
www.cnoinc.com Carmel, IN 1000 to 5000 Employees

CNO Financial Group Reviews

Updated Apr 10, 2014

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2.6 42 reviews

                             

50% Approve of the CEO

CNO Financial Group CEO and Director Edward J. (Ed) Bonach

Edward J. (Ed) Bonach

(12 ratings)

28% of employees recommend this company to a friend
42 Employee Reviews
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    1 person found this helpful  

    Very Nice Place to work

    Senior S/W Engineer (Current Employee)
    Hyderābād (India)

    Pros1) Good Pay master
    2) No Work Pressure, however some times you will feel it (but rarely).
    3) work at home facility
    4) easily accessable higher management.
    5) free food and snacks; you don't need money if you enter into the office, every thing is free.
    6) free cab facility for female employees.
    7) short onsite facility (b1) for most of the employees who complete 2yrs.
    8) will pay 100% variable pay to every employee.
    9) Never lay off employees even during recession.
    10) 11 yr old company with cmm level 5 status.

    Cons1) no option to transfer to other projects.
    2) no bench process
    3) will stuck on the tools which you are doing.. no scope to improve your skils.

    Advice to Senior Managementthey are doing there best

    Yes, I would recommend this company to a friend

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    Most of top management is very strong; working to overcome legacy issues. The future looks bright.

    Director (Former Employee)
    Chicago, IL

    ProsGood career advancement potential, strong upper management, significant talent upgrades in key areas, good work-life balance. Strong performers are recognized, and most of the dead wood is now gone.

    ConsLegacy issues still cloud reputation in insurance industry, after much restructuring and cost reduction, most of what is left now relates to blocking and tackling.

    Advice to Senior ManagementKeep doing what what you're doing

    Yes, I would recommend this company to a friend

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    Don't believe what you read

    BDM (Current Employee)
    Carmel, IN

    ProsThis is a great place to work. Unfortunately the media takes a constant doom and gloom approach to what is going on with the company. They have no real understanding of Risked Based Capital or what it means to take future charges on your balance sheet. I work well with the people on my team and in my department. I get the opportunity to travel and see some areas I would never see before. The policies we provide can save peoples homes, lives and finances.

    ConsConstantly in the news, AM Best rating. Employees that lack the knowledge to understand the financial numbers of the company. Therefore it is constant doom and gloom.

    Advice to Senior ManagementKeep making changes and keep making the right decisions.

    Yes, I would recommend this company to a friend

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    Great Place to work

    Internal Audit Intern (Current Employee)
    Carmel, IN

    ProsIt was a good environment. No major complaints. Great compensation. Overall, it was the best place I have worked

    ConsIf you like to stay busy this is not the place for you. There was an abundance of time allowed for tasks and a ton of down time.

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    good people to work with

    Anonymous Employee (Current Employee)

    Proswork life balance / WFH facility / Strong on Project Management

    ConsLot of legacy systems / Best practices not followed

    Advice to Senior Managementsimply cutting on cost will not bring growth

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

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    Small company feel, focus on results

    Product Marketing Manager (Former Employee)
    Indianapolis, IN

    ProsPeople generally care about what they are doing
    Midwestern values makes for a pleasant work environment
    Good leadership who know how to lead the company to success

    ConsSome people have a hard time keeping up with technological advances
    Old school thinking can lead to getting stuck in ruts
    Lack of attention to 21st century marketing processes and insight

    Advice to Senior ManagementBring in some top notch consumer and insight marketers

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

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    Best company for retirement planning

    Senior Developer (Former Employee)
    Hyderābād (India)

    ProsGood Process, Work Flow, Good office space, well matured people at times,learning will be more than earning. so think yourself before going in

    ConsLate processing, Few technologies, less part on growth personally, as said earlier, learning is lot than earning. if you want good package and designations this is not the right choice

    Advice to Senior ManagementPlease give training to the low level management on how to take initiatives and ownership on any issue instead of waiting for higher management always.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Work hard and you'll get opportunities

    Product Marketing Manager (Former Employee)
    Carmel, IN

    ProsPlenty of opportunities for advancement and trying new or different roles if you work hard and show a sense of urgency.

    ConsMany legacy systems and products that were bought over the years that were difficult to interface with each other. Many territorial people who had been there for many years and did not want to share resources or information.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    Step Up to the challenges of Risks and Rewards

    Senior Director (Current Employee)

    ProsCompany recognizes employee contributions and respects personal needs to balance work and life. Workforce has diversity. There is strong focus on set of core values such as customer focus, integrity and community outreach. This company has lots of opportunities for strong growth.

    ConsInvestors do not recognize the potential for growth of Conseco / Banker's Life.
    There are many long tenured employees, creating an old-boy network. You have to aggressively break into the groups to be included in the teams.

    Advice to Senior ManagementNeed to increase PR effort and build up brand identity. Industry and investor community needs to recognize that today's Conseco is not the same as in 2002. Also, it is time to bring fresh blood and infuse new ideas at the operations level to improve productivity and creativity.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    • No Opinion of CEO

     

    Despite negative publicity, Conseco is still a good place to work.

    Anonymous Employee (Current Employee)
    Carmel, IN

    ProsConseco offers its employees a plethora of training opportunities. New employees do not have to worry about a lack of Insurance Services Industry experience. Classes like LOMA and AHIP are offered each quarter. Conseco pays for its employees to take these classes. There is also a tuition reimbursement program for associates who are working on getting a degree.

    ConsConseco has gone through Bankruptcy proceedings and as a result our ratings are lower than expected. In addition, there is a lot of negative publicity surrounding Conseco for the Long Term Care block of business. Despite all of this, Conseco is still a good place to work and is a company that will continue to exist and prosper well into the future.

    Advice to Senior ManagementConseco employees should be given advance notice of changes before the general public becomes aware of them.

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at CNO Financial Group reviews and ratings — including employee satisfaction and approval rating for CNO Financial Group CEO Edward J. (Ed) Bonach. All 42 reviews posted anonymously by CNO Financial Group employees.