Bankers Conseco

  www.bankersconseco.com
  www.bankersconseco.com
There are newer employer reviews for Bankers Conseco

2 people found this helpful  

All commission, tough start

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Sales Agent
Current Employee - Sales Agent

I have been working at Bankers Conseco

Pros

The company offers flexible training for people new to the industry. Get licensed as fast as you can work or longer if that's what you need. Flexible schedule.

Cons

Salary is completely commission based. Tough industry to start unless you have a lot of contacts that you can sell to. Leads promised are not too warm. Branch is small, but no one seems to be "killing it"

Advice to ManagementAdvice

Some sort of better lead system especially to get new agents going would be very practical. Training and motivation is decent, fun, but somewhat trivial.

Doesn't Recommend

13 Other Employee Reviews for Bankers Conseco (View Most Recent)

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  1.  

    Company which prides themselves on training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Brooklyn, NY
    Former Employee - Insurance Agent in Brooklyn, NY

    I worked at Bankers Conseco as a contractor (less than an year)

    Pros

    Great management team that was concern about personal growth of agents, willing to go the extra mile in terms of hands on training.

    Cons

    Commission based job which has a lot of charge-backs and not necessarily the safest job considering both traveling and various people you come in contact with.

    Advice to ManagementAdvice

    Do consider having pairs on a consistent basis.

    Recommends
  2.  

    Cold calling most days to set up appointments to meet and sell insurance to elderly people who can ill afford it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Person in East Fishkill, NY
    Former Employee - Sales Person in East Fishkill, NY

    I worked at Bankers Conseco

    Pros

    Reasonably good training, although you have to pay for most of the initial training yourself(apparently the company reimburses you for these costs once you reach a certain sales goal.....)weekly free training continues once in the office.

    Cons

    Lots of pressure to make numerous cold calls using overused leads. Main thrust of business is hard selling to the elderly in our community......arranging appointments on the pretext of giving them 'free advice' on Medicare whilst really trying to assess them for suitability for various insurance products ranging from small term life policies to Medicare cost supplement policies. Also attempting to identify financial assets in their possession in order to attempt to move them over into a comparable Bankers vehicle. Most leads you call have been called numerous times by other bankers people!!

    Advice to ManagementAdvice

    Dump the rigid phone scripts where you are not permitted to say the word insurance and allow people to be honest, therefore saving on wasted time both on the part of the salesperson and the potential customer.

    Doesn't Recommend
    Neutral Outlook
There are newer employer reviews for Bankers Conseco

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