Combined Insurance - Fair management. You can make money, but you have to work hard and drive extensively. | Glassdoor
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Helpful (3)

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

StarStarStarStarStar
  • 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"

    StarStarStarStarStar
    • 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. "Independent Contractor"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Combined Insurance as a contractor

    Pros

    Being an independent contract allows you the freedom to do as you please and depending on what team you're a part of, people are very supportive and look to see you exceed. Your pay is 100% commission and so what you make is up to what you put in.

    Cons

    Because of this commission based pay it can feel at times that everyone is just around for the money (which they are) but they push on you to make sales and get kind of angry when you don't. If that environment is good for you then there really are no other problems with the job. If you don't like people constantly being on you to make sales (to reflect their pay check) then it's not the job

    Advice to Management

    To try not to seem so money hungry, but then again that is probably the whole point so no recommendations

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

See Most Recent

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