Bankers Conseco - All commission, tough start | Glassdoor
There are newer employer reviews for Bankers Conseco
There are newer employer reviews for Bankers Conseco

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Helpful (2)

"All commission, tough start"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Sales Agent
Current Employee - Sales Agent
Doesn't Recommend

Pros

The company offers flexible training for people new to the industry. Get licensed as fast as you can work or longer if that's what you need. Flexible schedule.

Cons

Salary is completely commission based. Tough industry to start unless you have a lot of contacts that you can sell to. Leads promised are not too warm. Branch is small, but no one seems to be "killing it"

Advice to Management

Some sort of better lead system especially to get new agents going would be very practical. Training and motivation is decent, fun, but somewhat trivial.

Other Employee Reviews for Bankers Conseco

  1. "Insurance Agent/Trainer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Syracuse, NY
    Current Employee - Insurance Agent in Syracuse, NY
    Recommends
    Positive Outlook

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

    Pros

    You get to help older people that really need the advice. You get to develop a business that's your own! Never have to worry again about getting laid off or losing your job. You get out of it what you're willing to put in to it. Lengthy training and mentoring program. No cold calling. Fast promotion opportunities.

    Cons

    You have to work hard but it's worth it. Steep learning curve.

    Advice to Management

    Nothing, doing a great job helping people get started.


  2. "Insurance Field Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Doesn't Recommend
    Negative Outlook

    I worked at Bankers Conseco as a contractor

    Pros

    They have a very good products to sell and They stress personal service to clients. They do a good job training you and they provide professional looking materials for you.

    Cons

    No advertising, no lower price range products for people who can't afford the best. The leads they give you are the worst. They are old and recycled. Poor agent management AND when you leave they rewrite your policies and try to make you pay the chargeback.

    Advice to Management

    Get better leads. Support your agents and don't play favorites. Don't let agents rewrite policies when someone leaves. The most successful agents in my office all got appts from a group who had bought up all the open leads and gave them to agents who split with them. They didn't make a lot of their own calls. Be honest with new agents.


There are newer employer reviews for Bankers Conseco
There are newer employer reviews for Bankers Conseco

See Most Recent

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