Colonial Penn Life Insurance "good benefits" Reviews | Glassdoor

Colonial Penn Life Insurance Employee Reviews about "good benefits"

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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 "good benefits"

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  1. Helpful (1)

    "Telesales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - TELESALES Representative in Philadelphia, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Colonial Penn Life Insurance

    Pros

    Good Benefits, excellent training, It was fun working there

    Cons

    Pressure to make sales every day

    Advice to Management

    Be compassionate

    Colonial Penn Life Insurance2016-12-01
  2. "Col Penn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Sales Representative in Philadelphia, PA
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Good benefits, easy, monthly incentives

    Cons

    Micromanagement, repetitive, extensive use of key performance indicators. Not much room to advance if in Philly office.

    Colonial Penn Life Insurance2016-05-03
  3. Helpful (3)

    "Low Pay"

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

    I have been working at Colonial Penn Life Insurance for more than a year

    Pros

    Good Benefits, monthly celebrations, trips given out to top performers via lottery, clean working conditions, decent comuter systems at each desk

    Cons

    Poorly trained managers, limited growth potential, low salary, no commission, low monthly bonuses, high turnover, forced to use scripts and can't really use your personality to sell

    Advice to Management

    give better pay, quicker raises. Your losing good SALES people!

    Colonial Penn Life Insurance2015-09-06
Found 53 reviews