Platinum Supplemental Insurance - I was a producer | Glassdoor
There are newer employer reviews for Platinum Supplemental Insurance
There are newer employer reviews for Platinum Supplemental Insurance

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Helpful (8)

"I was a producer"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Insurance Sales in Marshall, IL
Former Employee - Insurance Sales in Marshall, IL
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

The support from management was very strong and supportive.

Cons

Cold call business. When I resigned the company would not pay me for the apps. I traveled to the work site that might be as much as a 2 to 3 hours on my own dime. I paid for my motel stay for the four days that were required and of course I paid for my meals. If you did not do well signing apps. I found myself in a hole every week.

Advice to Management

Listen to your producers out in the field, this is not a great position for people of color. Many of the farmers after seeing that there was a minority on their porch had already formed a ( NO) not because of the product but because of who or what I am. Leadership would not listen and would suggest it was our presentation that was all wrong.

Platinum Supplemental Insurance Response

Nov 20, 2014 – External Communications Specialist

Thank you for your feedback. We're happy to hear you felt strongly supported by our leadership and management. Providing the best opportunities and experience for all of our sales representatives is... More

Other Employee Reviews for Platinum Supplemental Insurance

  1. Helpful (13)

    "Platinum Supplemental Insurance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Agent in Wichita, KS
    Former Employee - Sales Agent in Wichita, KS

    I worked at Platinum Supplemental Insurance full-time (More than a year)

    Pros

    Great if you work hard. Plus renewals keep paying you. If you leave the company after 2 years you are 50% vested. After 5 years 100% vested. Overall Platinum helped me out financially as I was able to save up money to find my ideal job.

    Cons

    They sell you on the fact that you are your own boss, however they want you to work as much as possible. Also weekly expenses are around 400-500 just to work. That's hotels and gas. Most bonuses are not attainable by the average or even a good agent. They micromanage even though you are considered self employed. Also no benefits.

    Advice to Management

    Stop micromanaging. Make your open and honest communication as such. Be honest with your agents. Stop decreasing the advances on pay it has hurt our production and is a bad idea. Try to grow in a sustainable manner. Value your good producers. No quick fixes.

    Platinum Supplemental Insurance Response

    Nov 20, 2014 – External Communications Specialist

    Thank you for your honest feedback. We are happy to hear the financial success you found here at Platinum helped you move toward your dream job. In our nearly 20 years in business, we've had many... More


  2. Helpful (29)

    "Very fulfilling and life changing."

    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 Platinum Supplemental Insurance full-time (More than 5 years)

    Pros

    Working for Platinum is very rewarding. We aren't selling a luxury item, what we sell is a necessity. In any sales position, competition is a big hurdle. I haven't seen a policy that really compares to Platinum's. The process Platinum has in place is also easy to learn and proven to work. I had very high income goals and since I started here over 5 years ago, I've surpassed every goal I've set. The sky is the limit when it comes to income with Platinum.

    Cons

    When I first started, my main concerns were the travel involved and only being paid if sales are made. These concerns were quickly erased. Being home for three days per week and all holidays actually allows more time to spend with my family. By putting forth a consistent effort and following the Platinum Process, income concerns were also put to rest.

    Platinum Supplemental Insurance Response

    Nov 24, 2014 – External Communications Specialist

    Thank you for sharing a glimpse into your experience as a Platinum sales representative. Congratulations on achieving your personal and financial goals and on your dedication to making the system... More

There are newer employer reviews for Platinum Supplemental Insurance
There are newer employer reviews for Platinum Supplemental Insurance

See Most Recent

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