Colonial Life & Accident Insurance Co. Reviews | Glassdoor

Colonial Life & Accident Insurance Co. Reviews

Updated February 22, 2017
200 reviews

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Full-time Part-time

200 Employee Reviews

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Pros
Cons
  • Then your a 1099 on 100% commission (in 18 reviews)

  • They offer draw or hourly for 1st 90 days, but no benefits (in 13 reviews)

More Pros and Cons

  1. Helpful (2)

    "Agency Development Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agency Development Manager in Marietta, GA
    Current Employee - Agency Development Manager in Marietta, GA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Colonial Life & Accident Insurance Co. full-time (More than 3 years)

    Pros

    The opportunity is there. Once skilled in the industry, you can build a book of business and make a ton of money. It will take 10-15 years to get to that point though.

    You could also get lucky and walk into a 5,000 person account and have the administrator really like you, be ready to enroll the company immediately, and make $500,000. But the odds are .00001%.

    Cons

    Takes forever to make money when new, is hard to recruit new people because you have to tell them it will take them 3 months to start making money (or lie to them)
    Lots of emotional roller coasters having accounts about to enroll that you've worked on for months, built the relationship for over a year, and then the account falls through and doesn't enroll for something that isn't your fault. Just part of the territory.

    Advice to Management

    Stricter hiring parameters and a base pay, at least for the first 4-5 months. Will allow for more competitive recruiting, better A rep sales, and more longevity.


  2. "Sales Rep"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great manager and office staff.

    Cons

    Commission + bonus pay structure makes starting out in this career difficult

    Advice to Management

    Consider offering a small stipend to new Sales Reps to help them get by during a probationary period.


  3. Helpful (1)

    "Great Benefits for Your Good Hard Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager II in Columbia, SC
    Former Employee - Manager II in Columbia, SC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Colonial Life & Accident Insurance Co. (Less than a year)

    Pros

    Management devoted to employee development
    Impeccable ethics and values from senior leadership down to middle management
    A genuine focus on providing the best service to policyholders with every decision
    Supports women and diversity in leadership
    Collaborative work environment
    Competitive compensation and great benefits package
    Generous PTO

    Cons

    Bureaucratic at times
    Still working on implementing innovative thinking and modern business practices


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  5. Helpful (1)

    "Company is not what used to be"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Non-agent Position in Columbia, SC
    Former Employee - Non-agent Position in Columbia, SC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Colonial Life & Accident Insurance Co. (More than 10 years)

    Pros

    Pay and bonus is in the end only positive about a company that used to value its employees and treated each with respect. No longer that atmosphere as numbers and processing is only concern, at the cost of employees own well being

    Cons

    Many departments ran by seniors and nepotism is rampant. Processing is only focus regardless of customer satisfaction. Experienced and seasoned employees being pushed out the door to make room for lesser paid and short term interns who are not helping department in long run.

    Advice to Management

    Value experience and throughness of hard working employees. Focus more on customer satisfaction as was done In the past even if takes more time to do so. Hire less interns in each department as training time and short term of employment hurting individual departments in long run.


  6. Helpful (1)

    "Benefits Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Benefits Consultant in Garden Grove, CA
    Former Employee - Benefits Consultant in Garden Grove, CA
    Doesn't Recommend
    Negative Outlook

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

    Pros

    you can pick your own hours

    Cons

    You have to bring a fax machine with you. They like their classes but you don't make money taking all their classes. Their mangement is to controling. When you can make money it not enought to support you.

    Advice to Management

    People need to earn money not just take classes. if you want people to take classes all the time you should have to pay them for it


  7. "Okay place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Freedom to be your own boss. unlimited earning potential. okay training.

    Cons

    comp plans constantly changing, hard to keep up with


  8. "Colonial Life Scholars"

    Star Star Star Star Star
    Former Employee - Client Data Specialist in Columbia, SC
    Former Employee - Client Data Specialist in Columbia, SC

    I worked at Colonial Life & Accident Insurance Co. (Less than a year)

    Pros

    Easy, flexible hours, nice people

    Cons

    Boring, no learning opportunities, dishonest job description


  9. "DGA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Ability to create your own destiny

    Cons

    Straight commission so getting started can be a little tough


  10. "Opportunity to make money"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - ADM in Atlanta, GA
    Current Employee - ADM in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Colonial Life & Accident Insurance Co. full-time (More than 5 years)

    Pros

    Flexible schedule, great co-workers, great training and support. There are opportunities to make money with Colonial Life while offering a helpful product.

    Cons

    The pay is 100% commission. It takes a lot of patience because you will most likely not earn a lot of money in your first year.

    Advice to Management

    Provide warm leads, maybe either provide a base pay or draw so that people can earn something without having to pick up a second job.


  11. "I found Opportunities!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Regional Instructor in Las Vegas, NV
    Current Employee - Senior Regional Instructor in Las Vegas, NV
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The people make the difference here at Colonial Life! I have been blessed with so many opportunities, that I didn't have at other places.

    Cons

    This is a business that with your hard work great things will come........you do have to keep up the hard work everyday!

    Advice to Management

    Keep People Development front and center. Continue to meet people where they are to help them get to where they want to be.



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