Prudential - Churn and burn your friends and family in order to push life insurance on them. | Glassdoor
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Helpful (1)

"Churn and burn your friends and family in order to push life insurance on them."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Insurance Sales in Cincinnati, OH
Former Employee - Insurance Sales in Cincinnati, OH
Doesn't Recommend
No opinion of CEO

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

Pros

Generally friendly co-workers in the same entry level position you are in who understand your complaints.

Cons

You have to complete a 'Project 400' which is a list and contact data of all your friends, family, colleagues, and peers once hired. Then your sales managers force you to go through that list one by one calling each person to schedule an appointment in order to sell/guilt them into purchasing a Prudential life insurance policy or investment. If you subsequently leave or change jobs it does not matter to the management because they have already locked in that relationship with a long-term account that helps their bottom line. It is only after you have exhausted your own list before they begin to share the ample leads and referrals that come through the database.

Other Employee Reviews for Prudential

  1. Helpful (2)

    "Great place to work, great people and great benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director
    Former Employee - Director
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Prudential full-time (More than 10 years)

    Pros

    Benefits, flexibility, training all were great. Salary was good.

    Cons

    Staff reductions made it impossible to get quality work done in a timely manner.

    Advice to Management

    Listen to those doing the work.


  2. Helpful (3)

    "Don't buy the hype"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Associate in Los Angeles, CA
    Former Employee - Financial Services Associate in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good for just starting out and getting licenses.
    Great name brand.
    Decent training programs.
    Get in, get licensed and some experience, and get out!

    Cons

    You are not paid a salary (or at least not for longer than a couple months), and in fact actually PAY to have a seat in the office. You will pay "technology fees" "location fees" and others out of your commissions. Basically you are an independent business owner with limited support and a little bit of infrastructure that you are buying into. Fees have gone up and office support dwindling. You even have to pay for leads generated by Prudential's own website! Which makes perfect sense, since you're turning around and selling Prudential's own products to these people, right?

    This is fine for the right person, but many people are recruited out of college or other places not fully understanding the situation. You are on your own unless lucky to be in an office with an excellent local management team and/or veteran producers who are willing to partner with you or take you under their wing.

    Advice to Management

    Invest more in your sales force by providing support with marketing, leads and growth. Ease up on compliance paranoia and invest in better technology.


There are newer employer reviews for Prudential
There are newer employer reviews for Prudential

See Most Recent

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