Conseco Reviews

Pros

good place to use as a stepping stone

Cons

always restructuring and laying off

Advice to Senior Management

listen to employee advice

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 Senior Management

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

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 Senior Management

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.

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 Senior Management

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 ...

Pros

- work life balance (most of employee I saw here not even work for 8 hours a day)
- very less expectation in terms of work (not sure this should be in pros or cons :) )
- good place to work for people who are in phase of ready to retire

Cons

- extremely thick middle management (you will see 2-3 people reporting to manager in most of cases)
- Dont expect to get significant increase or bonus even if you are rated high in your review. if you are considering to join make sure your base salary is competitive or well high enough fromothers in market because it is more likely to be remain almost same after 3-4 years of work in company.
- opportunity to grow is extremely less. Most of IT work senior management tring to off shore to India.
- Dis motivating atmosphere. You will hear about re-org (lay offs) in every 8-10 months. So people work around you is always in effort of keeping their job secured.
- rewards. (as a employee of month you will only get parking space in carmel campus which is much far than most of time you park without it . btw Carmel campus has lots pf space and every employee park for free here.)

Advice to Senior Management

- Improve communication inside company specially from top-bottom level
- create motivating and rewarding atmosphere
- improve productivity.
- remove fat from middle management

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 Senior Management

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!

Pros

1) 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.

Cons

1) 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 Management

they are doing there best

Pros

flexible timing, new technologies, great place to work

Cons

forget about promotions if you don't know the right people

Advice to Senior Management

find the quality in people...

Pros

Work your hours and go home, decent benefits package

Cons

Lying to potential employees about advancement opportunities and schedule, a complete lack of communication throughout the company,

Advice to Senior Management

Grow brains

Pros

Good 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.

Cons

Legacy 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 Management

Keep doing what what you're doing