Colonial Penn Life Insurance "elderly" Reviews | Glassdoor

Colonial Penn Life Insurance Employee Reviews about "elderly"

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Found 53 reviews

2.0
StarStarStarStarStar
Rating TrendsRating Trends
14%
Recommend to a Friend
59%
Approve of CEO
Colonial Penn Life Insurance CEO Joel Schwartz
Joel Schwartz
2 Ratings
Pros
  • "you can work from home after 1 year(in 7 reviews)

  • "Assists with obtaining licensing for Life Ins(in 4 reviews)

Cons
  • "CSR are always given more descriptions to their job but still want them to achieve sales goals RIDICULOUS(in 5 reviews)

  • "They are never satisfied and prey on the sick and elderly(in 4 reviews)

More Pros and Cons

Reviews about "elderly"

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  1. Helpful (6)

    "Overworked, misused, and underpaid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Wichita, KS
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Colonial Penn Life Insurance full-time for more than a year

    Pros

    Helping people that needed life insurance. Genuinely caring about my customers and sending out policies that met thier needs unlike shoving overpriced policies down thier throat.

    Cons

    Being misused and recieving very little compensation for making this company tons of money. I was a top performer left high and dry by this company. We lost our jobs even though we were outperforming the PA site. They care about the bottom line only. They are never satisfied and prey on the sick and elderly.

    Advice to Management

    No need, the CEO is in charge and obviously he doesnt know what hes doing.

    Colonial Penn Life Insurance2017-10-26
  2. Helpful (4)

    "Look harder - there are better jobs and companies to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales and Service in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Colonial Penn Life Insurance full-time for more than 2 years

    Pros

    The general consensus is the same - most of the people here are absolutely wonderful.

    Cons

    Here is a good title for this - they fired me while I was going thru cancer treatment! They rated me as unacceptable because I missed time for cancer treatment and did not make goals. They wrote me up for not making goal while I was still going thru cancer treatment. With that out of the way - this place if filled with favoritism - there is micro management beyond belief. They reward lying to customers. They lie to...

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    Advice to Management

    Nothing really - it starts at the top - and no one really cares. Putting a company spin on things is a way of life

    Colonial Penn Life Insurance2016-09-05
  3. 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
  4. Helpful (1)

    "Run"

    StarStarStarStarStar
      Former Employee - Customer Service Specialist in Philadelphia, PA

      I worked at Colonial Penn Life Insurance for more than 4 years

      Pros

      It pays. It's better than unemployment

      Cons

      Elderly people can be mean

      Colonial Penn Life Insurance2016-06-02
    Found 53 reviews