Combined Insurance

www.combinedinsurance.com
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There are newer employer reviews for Combined Insurance

2 people found this helpful  

Insurance

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Account Executive in Mount Pleasant, MI
Former Employee - Account Executive in Mount Pleasant, MI

I worked at Combined Insurance

Pros

Uncapped Commissions, Exciting trips to win

Cons

Resedential selling insurance door to door

Advice to ManagementAdvice

Honest promotability to deserving up and coming personal

Approves of CEO

203 Other Employee Reviews for Combined Insurance (View Most Recent)

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  1. 7 people found this helpful  

    If you are a professional, do not work at Combined Insurance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in East Meadow, NY
    Former Employee - Anonymous Employee in East Meadow, NY

    I worked at Combined Insurance

    Pros

    Marketing materials was professional
    training was ongoing

    Cons

    No benefits till 6 months, with no contribution after that time
    No vacation time nor time off
    Mandatory 75 hour week
    No expense/car allowance
    Paid as a W2 but treated as a 1099 employee
    Unprofessional management, arbitrary decision making
    Minimum wage income
    No paystub/can not calculate income-holdbacks
    Not hired til training completed-out of town training in a questionable motel, 2 weeks, no salary
    Position not fully disclosed at interview
    Very high turnover
    No viable leads as advertised
    Dealing with a population that can not afford the simpliest product-focusing on the lowest income
    Felt like one step BELOW a used car salesman
    Family Unfriendly

    Advice to ManagementAdvice

    Where I was working, it was simply classless. Invest in a livable income for your employees and attract competent, intelligent people.

    Doesn't Recommend
    No opinion of CEO
  2. 3 people found this helpful  

    Fair management. You can make money, but you have to work hard and drive extensively.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Sales Representative in Dallas, TX
    Former Employee - Sales Representative in Dallas, TX

    I worked at Combined Insurance

    Pros

    Very detailed sales model with good training and good field support if you have the right manager. Strong corporate culture based on founder values. Pay is advanced weekly and based on annualized premiums due for policies sold.

    Cons

    Product is supplemental insurance which has a fairly high cancellation rate. About 20% -30% dependeng on your market. When this happens, the advanced commision chargebacks can catch you off gaurd. It is tough enough to sell. I attribute this to a client base that is low to middle income. This is something that was not discussed through the training process while setting income expectations. There is a lot of driving and there is not any consideration for automotive expenses. You lose residuals if you leave the company as a captured agent.

    There is a tremendous amount of turnover. Revolving door for many, but not everyone. Certainly not for everyone. Its a whipping.

    Payment of claims are erratic and sometimes difficult to file based on documentation requirements. Sometimes you really have to wrastle with underwritng.

    While some benifits are ok, you have to pay for them and the health insurance is cheaper if obtained independatly.

    Advice to ManagementAdvice

    Sales model works for the right individual. Clarify chargebacks as they relate to annualized commishion up front and do not let it be a surprise when it comes up later.

    No opinion of CEO
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