EFU Life Reviews | Glassdoor

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EFU Life Reviews

Updated December 8, 2017
17 reviews

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17 Employee Reviews

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  1. "Life at EFU Life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at EFU Life full-time

    Pros

    1. Corporate culture
    2. Head Office of EFU is a nice place to work at
    3. Growing industry so 3 to 4 annual bonuses are given
    4. Salary is transferred into accounts well before 30th.
    5. Senior Management is experienced and skilled
    6. There is chance of growth of one is willing to burn midnight oil

    Cons

    1. Management treats company as their personal entity so it tries to take minute things seriously
    2. Employee are underpaid and overworked
    3. Late sittings are normal in departments such as Customer Services & New Business Department
    4. Employees from IBA are treated as special ones because the management trusts them more than anyone else
    5. Deep inside, the business involves shady practices, which is the dark side of the picture

    Advice to Management

    Management should get out of the shell/bubble created by it and start compensating Employees as per their experience and qualification


  2. "After Employment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Karāchi (Pakistan)
    Former Employee - Assistant Manager in Karāchi (Pakistan)
    Doesn't Recommend
    Neutral Outlook

    I worked at EFU Life full-time (More than 8 years)

    Pros

    EFU Management is very efficient in accepting your resignation, they don't have employee retention culture.

    Cons

    very pathetic procedure for settlement of dues and experience letters, they take 2 months for settlement (even after deduction of salary)

    Advice to Management

    EFU LIfe is very good and reputable company. but management (especially operations) need to be changed.

  3. "Sales Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I have been working at EFU Life full-time

    Pros

    Learn how to coperate and work with others

    Cons

    Work target burden Which pressurized the employee


  4. "Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    It provides best environment to prove skills with confidence

    Cons

    a lot of work and the people some time hurt the staff

    Advice to Management

    more branches in rural areas


  5. "Sales Executive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in Karāchi (Pakistan)
    Former Employee - Sales Consultant in Karāchi (Pakistan)
    Recommends
    Neutral Outlook

    I worked at EFU Life full-time (More than 3 years)

    Pros

    The biggest oldest and best insurance company in Pakistan.

    Cons

    Income is commission based and requires much field work time and effort.

    Advice to Management

    Keep up the good work, as my own experience has been quite healthy.


  6. "finding a"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Consultant in Rāwalpindi (Pakistan)
    Current Employee - Sales Consultant in Rāwalpindi (Pakistan)
    Recommends
    Neutral Outlook

    Pros

    Good packages
    Central location
    million dollar industry

    Cons

    Does not offer leads to new consultants

    Advice to Management

    Improve lead systems


  7. "Awesome, friendly, professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager IT in Karāchi (Pakistan)
    Current Employee - Assistant Manager IT in Karāchi (Pakistan)
    Doesn't Recommend
    Positive Outlook

    I have been working at EFU Life full-time (More than 8 years)

    Pros

    Because of updated technological work

    Cons

    some times very late sittings :)

  8. "The Breadwinner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Consultant in Karāchi (Pakistan)
    Current Employee - Sales Consultant in Karāchi (Pakistan)
    Recommends
    Positive Outlook

    I have been working at EFU Life part-time (More than a year)

    Pros

    In the field of insurance one gets to meet all kinds of professionals. 'Sales' as a whole helps to provide a wide exposure to the outside world as we gain a lot of experience about how to deal with different people and develop new selling strategies and manage to cross different hurdles that cover the path of success. Also the targets that are set by EFU LIFE ASSURANCE for its sales personnel help them to strive harder and harder and move up in the organization. Lastly, as money is the main motivator, one can earn a very high income as he puts in more effort and successfully closes a good number of sales. Last but not the least, EFU employees possibly the best higher management in the insurance industry.

    Cons

    Sales of insurance plans depend largely on the dynamic business environment and economic conditions of the country and therefore a fixed income is not certain. Also in most places including EFU LIFE the salary is based on monthly targets and therefore one does not get paid if he has been a 'non-producer' for more than two months.

    Advice to Management

    Kindly offer adequate conveyance allowance to the sales force as many people avoid attending appointments because they don't have enough money to bear the expenses of traveling to two or more places/meetings.


  9. "Valuable experience and career growth. High salary."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Deputy Manager - Group Benefits in Karāchi (Pakistan)
    Former Employee - Deputy Manager - Group Benefits in Karāchi (Pakistan)
    Doesn't Recommend
    Positive Outlook

    I worked at EFU Life full-time (More than 3 years)

    Pros

    Extremely professional and experienced higher management. Highest market share and expanding outlook.

    Cons

    Work processes need review and polish

    Advice to Management

    Need to explore employees' talent and give diverse roles to get maximum output.


  10. "Employment which give you personal satisfaction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in Islamabad, Islamabad (Pakistan)
    Current Employee - Financial Consultant in Islamabad, Islamabad (Pakistan)
    Recommends
    Positive Outlook

    I have been working at EFU Life full-time (Less than a year)

    Pros

    Great Opportunities to enhance your earning in a noble ways and directly attached to Social working at the same time, by providing help to the society.

    Cons

    Every field have some Cone and are not perfect.EFU also does have some cones but that is very few. and negligible.


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