Combined Insurance - Fair management. You can make money, but you have to work hard and drive extensively. | Glassdoor
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There are newer employer reviews for Combined Insurance

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Helpful (3)

"Fair management. You can make money, but you have to work hard and drive extensively."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Sales Representative in Dallas, TX
Former Employee - Sales Representative in Dallas, TX
No opinion of CEO

Pros

Very detailed sales model with good training and good field support if you have the right manager. Strong corporate culture based on founder values. Pay is advanced weekly and based on annualized premiums due for policies sold.

Cons

Product is supplemental insurance which has a fairly high cancellation rate. About 20% -30% dependeng on your market. When this happens, the advanced commision chargebacks can catch you off gaurd. It is tough enough to sell. I attribute this to a client base that is low to middle income. This is something that was not discussed through the training process while setting income expectations. There is a lot of driving and there is not any consideration for automotive expenses. You lose residuals if you leave the company as a captured agent.

There is a tremendous amount of turnover. Revolving door for many, but not everyone. Certainly not for everyone. Its a whipping.

Payment of claims are erratic and sometimes difficult to file based on documentation requirements. Sometimes you really have to wrastle with underwritng.

While some benifits are ok, you have to pay for them and the health insurance is cheaper if obtained independatly.

Advice to Management

Sales model works for the right individual. Clarify chargebacks as they relate to annualized commishion up front and do not let it be a surprise when it comes up later.

Other Employee Reviews for Combined Insurance

  1. "sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Agent
    Former Employee - Sales Agent
    No opinion of CEO

    Pros

    good commission and flexible hours

    Cons

    hard to sell in tough economy. no compensation for gas or cell phone use during work hours

    Advice to Management

    null


  2. "Worst company I have worked for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Agent
    Former Employee - Sales Agent
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Combined Insurance full-time (Less than a year)

    Pros

    They pay for training but only tell you the product that your selling after you've signed the contract.
    Can make good money if you push their product apparently

    Cons

    System and technique is ancient
    No organization at all
    Sloppy and lazy "sales leaders"
    Disorganized (yes I said it again)
    They entice you to get you to sign a contract and then change things as they go along.

    Advice to Management

    Lose the stupid cheers and jokes, people catch onto a system that hasn't changed for 80 years. If your not moving forward your falling behind, and your waaaaay behind.

    And look into some quality and consistency control between all teams just because someone sells a lot doesn't make them a good "sales leader" in fact it probably means the opposite.


There are newer employer reviews for Combined Insurance
There are newer employer reviews for Combined Insurance

See Most Recent

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