CNO Financial Group Reviews

Updated August 18, 2014
Updated August 18, 2014
44 Reviews

2.5
44 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CNO Financial Group CEO and Director Edward J. (Ed) Bonach
Edward J. (Ed) Bonach
13 Ratings

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Conseco

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

    I have been working at CNO Financial Group full-time for more than 5 years

    Pros

    The people were an asset to the company, but weren't treated as so.

    Cons

    Low pay, poor benefits, no bonus, few perks, poor communcation, ineffective management, backstabbing.

    Advice to ManagementAdvice

    Listen to and take advice from the people that actually do the work. They know how it works and they know how to improve it. Listen, don't dictate.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    pays good, but work you to death

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

    I have been working at CNO Financial Group

    Pros

    pays well, learned a lot.

    Cons

    bad management decision causing unneeded over work from employees. make on-shore employees train off-shore employees with the goal of cut back on-shore team. everyone is seeing this coming.

    Advice to ManagementAdvice

    Key skill employees may opt to leave early before we get used then toss over board when the time come.

    Disapproves of CEO
  3. 1 person found this helpful  

    Trying to improve but still a long way to go

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

    I have been working at CNO Financial Group

    Pros

    Opportuinies to excel
    Company future is looking up
    Good location

    Cons

    Not a good work life balance.
    Need to build a better corporate culture.
    Don't always seem to appreciate the efforts and dedication of their employees.
    HR is running roughshod over many other areas that are outside of their expertise. Senior leadership is letting it happen.
    Depending on which area you are in, Finiance, Operations, IT, etc. you may have a different experience.

    Advice to ManagementAdvice

    Company is well possitioned for the future, keep it up, but don't forget about the employees who helped get you there. Key employee turnover is possible and will really hurt.

    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Work hard and you'll get opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Product Marketing Manager  in  Carmel, IN
    Former Employee - Product Marketing Manager in Carmel, IN

    I worked at CNO Financial Group

    Pros

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

    Cons

    Many 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.

    Recommends
    No opinion of CEO
  6.  

    Overall it was not too bad, it provided a means to an end. Your chances for advancement were slim to none.

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

    I have been working at CNO Financial Group

    Pros

    The pay is pretty competetive and they have decent benefits.

    Cons

    Your chances for advancement or promotion or even a raise were very hard to come by, even when you went above and beyond your duties. You should always keep your resume up to date because you never know if you/your department will be in the next round of lay offs. This happens very often.

    Advice to ManagementAdvice

    They need to come out of the "good old boys' way of thinking and be cognizant of the young talent withing their organization.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Get in, get out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at CNO Financial Group

    Pros

    Lots of opportunities in the short term, for resume building.

    Cons

    Longer term, a bad place to remain. Essentially, if you are skilled when you are hired here, there is a good chance you won't leave with more than what you put in. One the other hand, there is a large opportunity to take on more and more, so you will get good resume building.

    Advice to ManagementAdvice

    Cut the dead weight, and imagine the profits you could have.

    Doesn't Recommend
    No opinion of CEO
  8. 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
  9. 1 person found this helpful  

    just ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Staff Accountant  in  Carmel, IN
    Current Employee - Staff Accountant in Carmel, IN

    I have been working at CNO Financial Group

    Pros

    good place to use as a stepping stone

    Cons

    always restructuring and laying off

    Advice to ManagementAdvice

    listen to employee advice

    Doesn't Recommend
    No opinion of CEO
  10. 1 person found this helpful  

    not a place to stay anyway

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Actuarial Analyst  in  Carmel, IN
    Former Employee - Actuarial Analyst in Carmel, IN

    I worked at CNO Financial Group

    Pros

    easy to answer the question 'why do you want to leave Conseco' on your next job interview without being seen pretentious. People constantly leave (sometimes 1 person every month on average), so even if your real reason is you are not happy with the pay, or you can't stand your manager, you can always give a convincing and descent answer about 'job security'

    Cons

    job security, you never know when the sh*t hits the fan, which could feel like any minute when you work there

    Advice to ManagementAdvice

    Put the company on the market and look for a reputable buyer: the 'Conseco' brand name ( or the new CNO) will probably not work, it would be better to sell product under 'Humana' or something ...

    Doesn't Recommend
    No opinion of CEO
  11.  

    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

Worked for CNO Financial Group? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.