Efinancial Reviews | Glassdoor

Efinancial Reviews

Updated September 11, 2017
93 reviews

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3.4
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Chris Campbell
1 Rating

93 Employee Reviews

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Pros
  • The days go by fast and it allows you to have a healthy work/life balance (in 4 reviews)

  • You can make good money at first but it is such a grind and there is no end goal or any type of upward track (in 6 reviews)

Cons
  • It is a call center environment (in 5 reviews)

  • There were some guys that used to make money like that but they were all forced out or quit (in 4 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (3)

    "Great Sales Career Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Chicago, IL
    Current Employee - Agent in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Efinancial full-time (More than a year)

    Pros

    - Rewards high production with high commissions
    - Uncapped commission
    - You don't have to cold call anyone so you usually have a solid 5-10 conversations a day as an Agent
    - High energy environment and very interactive work space
    - Transparent management team what you see is what you get

    Cons

    - Low base but the uncapped commission pretty much makes up for it
    - Big on metrics like really big but it's is a sales role so it's expected
    - No clear path for advancement in career but earning potential is limitless

    Advice to Management

    Nothing specific I think management is doing very well from an organizational stand point.


  2. Helpful (1)

    "Great Environment and Career Opportunity!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bellevue, WA
    Current Employee - Anonymous Employee in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Efinancial full-time

    Pros

    Great work environment and work life balance.
    Company is growing and has high goals to emerge as the industry leader.
    I enjoy the people I work with and have formed strong relationships with my coworkers.
    High energy environment.
    Company communications and transparency is a focus.
    Providing a product to consumers that really make a difference to their loved ones.

    Cons

    Health Benefits could be a little better for those with multiple dependents.

  3. Helpful (1)

    "Where You Can Grow Your Career, Make a Difference, and Have Fun"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - President in Bellevue, WA
    Current Employee - President in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Efinancial full-time (More than 10 years)

    Pros

    Efinancial is a growing company and an innovator that's making life insurance more accessible and affordable for everyday Americans. The company runs a market-leading call center, invests in training and development, and promotes from within. It’s not uncommon to see teams coming together to address a business opportunity or face off in a ping pong match. You regularly hear laughter around the office and many form strong friendships.

    Cons

    It can take some time learning about life insurance, so you need to invest yourself in the training. Once you get the hang of it, you'd never think that selling life insurance could be this fun.


  4. "Making the right changes for long-term growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Chicago, IL
    Current Employee - Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Efinancial full-time (More than a year)

    Pros

    Unlimited earning potential for agents.
    Positive changes in leadership.
    Really sells products that help customers and their families when they need it most.

    Cons

    Growing rapidly so change is continuously occurring. View this as a positive but others may not.

    Advice to Management

    Keep up the good work.


  5. Helpful (1)

    "Phone sales"

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

    I have been working at Efinancial full-time

    Pros

    High income potential and plenty of award contests

    Cons

    Phone sales so you are stuck at your desk


  6. "Business Development Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Representative in Bellevue, WA
    Former Employee - Business Development Representative in Bellevue, WA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Efinancial full-time (More than a year)

    Pros

    Wonderful atmosphere. Great coworkers, laid back atmosphere with extremely casual attire but still a professional attitude amongst all employees.

    Cons

    The ratio of revenue produced compared to compensation received is not great.

    Advice to Management

    Change the commission structure to one that will make staff want to stay at the company longer.


  7. Helpful (1)

    "Good income potential....you must be flexible with constant changes"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Account Executive in Bellevue, WA
    Former Employee - Senior Account Executive in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good income potential. Best year was almost 90k. Worst year was the first, made 60k. Many friends at work made 6-figures. 401k with match. Fun coworkers and great managers. Good people all around to work with.

    Cons

    Very repetitive duties. It's sales, so your paycheck will change from month-to-month. Commission structure changed many times throughout the years. Can burn out, so be smart in taking strategic days off. But keep a positive attitude + work your butt off while you're there = make some decent money!

    Advice to Management

    None. They're doing the best they can to help the agents! I don't miss the crazy days whenever we had them, but I miss those paychecks and my fellow co-workers.

  8. "It was fun while it lasted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Sales Agent in Bellevue, WA
    Former Employee - Insurance Sales Agent in Bellevue, WA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Efinancial full-time (More than a year)

    Pros

    Pay was amazing. made 90k my very first year. had huge bonus incentives on top of the commission that really helped you get more commissions.

    Cons

    Changed commission structure to screw you over. In my first year it changed 4 times and every time you had to do more work to make less money. only cared about bottom line and not its employees. management got raises while everyone else commissions got cut in half.

    Advice to Management

    learn how to treat people like people and not just replaceable.


  9. "Fast Paced Sales Enviorment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Bellevue, WA
    Current Employee - Account Executive in Bellevue, WA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Efinancial (More than a year)

    Pros

    -Flexible schedules
    -Ability to make $80-$100k in a year
    -The people I work with
    -Ability to get promotions quickly
    -They will pay for all your licensing across the United States and appoint with various carriers
    -Cash contests
    -Friday Bagels

    Cons

    -This job is a grind, it will pay well but will mentally exhaust you
    -Low base
    -Standard office politics
    -Metric system in the comp plan is skewed against you in certain areas
    -Chargebacks

    Advice to Management

    This job will pay you out, but the real question is can you handle it? This job will mentally exhaust you day after day and you are expected to be producing day in and day out. If you can consistently produce and maintain your sanity this could be a great opportunity.

    Management:
    We put in 100% everyday. Take care of us. Take us on a trip somewhere. Throw more work parties. Help create something to help us when chargebacks hit us. The sales team is the engine that keeps this company run it. Make sure you take care of the good talent before they leave.


  10. Helpful (1)

    "Great to work for"

    StarStarStarStarStar
    • 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

    I have been working at Efinancial full-time

    Pros

    Good pay and easy leads

    Cons

    Same thing over and over again

    Advice to Management

    Keep up the good work


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