Colonial Life & Accident Insurance Co.

  www.coloniallife.com
  www.coloniallife.com

Colonial Life & Accident Insurance Co. Reviews

Updated November 9, 2014
Updated November 9, 2014
105 Reviews
2.9
105 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Colonial Life & Accident Insurance Co. President and CEO Randy Horn
Randy Horn
55 Ratings

Review Highlights

Pros
  • Home office seems good to deal with but they have no authority over anyone (in 7 reviews)

  • the company has a great home office support system and online training products (in 5 reviews)


Cons
  • Ability to work in a 100% commission environment is a must (in 10 reviews)

  • No benefits, must be willing to possibly not get a paycheck for a few months (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Excellent Opportunity with great Teamwork

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Jacksonville, FL
    Current Employee - Insurance Agent in Jacksonville, FL

    I have been working at Colonial Life & Accident Insurance Co. as a contractor (less than an year)

    Pros

    The management works with the Agent so as to become successful. Teamwork is stressed so that goals are acheived

    Cons

    Doing the cold calling on the phone and in person are challenging if you have not had experienced with it before

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Part time intern for Colonial Life

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Colonial Life & Accident Insurance Co. as an intern

    Pros

    Great experience, corporate culture, flexible with school schedule

    Cons

    I don't have any cons

    Recommends
  3.  

    Not an agent friendly company

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

    I have been working at Colonial Life & Accident Insurance Co. full-time (less than an year)

    Pros

    I saw how shady they were within a few weeks.

    Cons

    They would try to get business at all cost and weren't looking out for the customer. They also took commission from me on groups I opened.

    Advice to ManagementAdvice

    Think of the customer first, not yourself

    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    WORST JOB IN MY CAREER!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Agent in Phoenix, AZ
    Former Employee - Sales Agent in Phoenix, AZ

    I worked at Colonial Life & Accident Insurance Co. as a contractor (less than an year)

    Pros

    The territory office validated my parking ticket and I was able to obtain marketing collateral from my district office. Other than that it was not a positive experience.

    Cons

    Straight commission, no benefits. Area manager I worked under was horrible. I had classroom training (lots of it vs. field training) by a trainer that was a joke. Impossible to make any money when you add up all your expenses. If you have 9-12 months of savings to support yourself maybe you'll make it. I wish I hadn't wasted my time with this company. What was I thinking?

    Advice to ManagementAdvice

    Make sure your managers actually know the insurance industry and have multiple years of experience in the industry AND know how to train and mentor! My manager knew absolutely nothing about the industry having less than 1 year of experience. This person's idea of cold calling training was to wander around a grocery store strip center for an hour. That was the extent of the one on one field training I received.

    Doesn't Recommend
    No opinion of CEO
  6.  

    It is a great company and I have enjoyed every minute of working with them

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Territory Recruiter in Tampa, FL
    Current Employee - Territory Recruiter in Tampa, FL

    I have been working at Colonial Life & Accident Insurance Co. full-time (more than an year)

    Pros

    The tools and support you get from a territory stand point and a corperate stand port are amazing. Colonial Life is truely one big family.

    Cons

    It is at times difficult to recruit for a full 1099 commission based roll.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Very good company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Port Orange, FL
    Current Employee - Insurance Agent in Port Orange, FL

    I have been working at Colonial Life & Accident Insurance Co. full-time (less than an year)

    Pros

    Helping people protect themselves and their paycheck is rewarding employment. There is no ceiling on your income potential. Very good training program to become knowledgeable of the company products.

    Cons

    You go several months without getting a paycheck, which has become a financial hardship for me personally. You have to build clientele through hours of cold calling everyday and be able to handle rejection well.

    Advice to ManagementAdvice

    I believe it would be helpful to receive come type of compensation to cover expenses while building clientele.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Sales rep and benefit counselor, Make sure you have money for the next 5-7 months, Remember 100% commission,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Benefit Counselor and Sales Representative in Philadelphia, PA
    Current Employee - Benefit Counselor and Sales Representative in Philadelphia, PA

    I have been working at Colonial Life & Accident Insurance Co. as a contractor (less than an year)

    Pros

    You do not nave to spend thousands and thousands of dollar to start, Flexible, Unlimited commission, Be your own boss, Meet new people, work hours

    Cons

    Management and others do not train, you are by yourself, If you are new to insurance then good luck in regard to training!!
    Make sure you have money for the next 5-7 months saved up, The first 3 months you be lucky to make any money,

    Advice to ManagementAdvice

    Okay, about you train the new employees, Action speaks louder than noise, About if you train the new employees and train them instead of just making noises, All you do is talk and talk is cheap !!!!! Studies shows that most people remember about 10% - 20& when listening, Most people learn when management take action and then the employees take action with them, Again action speaks louder than noise, Why would employees take action when management wants to talk only and no action,

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Love this company. Great place to work and great place to grow

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

    I have been working at Colonial Life & Accident Insurance Co. full-time

    Pros

    You work as a family. Everyone is egar to help and there is a strong sense of pride for the brand and customer

    Cons

    Balance of work amoug the floor

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great business for independent mindset

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Territory Recruiter in Danvers, MA
    Former Employee - Territory Recruiter in Danvers, MA

    I worked at Colonial Life & Accident Insurance Co. full-time (less than an year)

    Pros

    Possitive work environment with great products to represent. I started in sales and ended up recruiting. I loved that.

    Cons

    There were not enough really experienced senior managers to teach those new to insurance sales. Results were high turnover. Lots of cold calling on businesses. 100% commission based.

    Advice to ManagementAdvice

    Nurture the beginners more so they can grow as they learn and then they will be in possition to help the company grow sales.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Okay company to work for

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

    I have been working at Colonial Life & Accident Insurance Co. full-time (less than an year)

    Pros

    great work balance life. You can make your own schedule. Nice employees to work with.

    Cons

    No leads provided. Alot of cold calling

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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