Colonial Penn Life Insurance Life Insurance Agent Reviews | Glassdoor

Colonial Penn Life Insurance Life Insurance Agent Reviews

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Found 2 reviews

1.8
StarStarStarStarStar
0%
Recommend to a Friend
100%
Approve of CEO
Colonial Penn Life Insurance CEO Joel Schwartz
Joel Schwartz
1 Ratings
  1. "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Life Insurance Agent in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Colonial Penn Life Insurance part-time for more than 2 years

    Pros

    Incentive is great unless quality screws you over. People are amazing (besides management) Location Benefits

    Cons

    $15/hour is not good enough for the work Incentive gets blocked for overly strict quality grading method that has nothing to do with quality at all. . Management doesn’t take anyone’s questions or concerns seriously Some sales teams cheat and get away with it.

    Advice to Management

    LISTEN TO EMPLOYEES PAY YOUR EMPLOYEES FAIRLY

    Colonial Penn Life Insurance2018-11-29
  2. Helpful (5)

    "Life Insurance Telesales Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Life Insurance Agent in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Colonial Penn Life Insurance

    Pros

    Office is clean, coworkers keep you motivated.

    Cons

    -High turnover rate -Commission structure designed so most employees only get hourly pay -Micromanagement to the utmost degree (One of my coworkers was told he couldn't go to the bathroom until his scheduled break which was 3 hours into the shift). -Little to no work/life balance. -No upward mobility, if you are hired in sales, you will stay in sales. -CEO has no idea of what is going on within entry level departments....

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    Advice to Management

    Stop micromanaging, overworking and underpaying employees. You are losing good sales people and this is clear by the amount of job listings in telesales online.

    Colonial Penn Life Insurance2016-07-10
Found 2 reviews