Forethought Financial Group Reviews | Glassdoor

Forethought Financial Group Reviews

Updated March 31, 2017
12 reviews

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3.2
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John Graf
4 Ratings

Employee Reviews

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  1. "It is good to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Forethought Financial Group full-time

    Pros

    very good at perks also

    Cons

    no cons have been found

    Advice to Management

    Nothing to give from my side


  2. Helpful (1)

    "Nice company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good company to start your career. Benefits are good

    Cons

    Salaries are low. No overtime.

  3. "Previously worked here for about a year"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    The culture of this company is amazing and you will never find an uneventful day in the office. If you work hard and put in your "pledge" time with an entry level role, promotion does happen within a year or so as long as you are dedicated.

    Cons

    Stagnant, grueling work. Doing the same thing every day. Service/ operations team is a disaster and the company over sells more policies than they can actually issue in a timely fashion. Small company that is still growing, the growing pains are obvious.

    Advice to Management

    Let employees know if there sales tactics are effective/ ineffective more regularly. Do not over promise and under deliver with promotion promises. Employees should be promoted based on performance not seniority.


  4. "Sales Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Sales Intern in Berwyn, PA
    Former Intern - Sales Intern in Berwyn, PA
    Recommends

    I worked at Forethought Financial Group as an intern (Less than a year)

    Pros

    Everyone was very friendly, wanted to see you do well. Team environment and it was paid well for an intern

    Cons

    Don't keep in touch much after intern program


  5. "Wholesaler"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    I worked at Forethought Financial Group full-time (More than a year)

    Pros

    Small company with high growth aspirations. Management from combined past association with The Hartford (acquired in 2013), Forethought (when based in TX), former Aviva USA, Commonwealth, Lincoln, etc that are patched together with oversight by Global Atlantic Financial which brings in Goldman Sachs. In other words lots of varied experience and access to capital to grow with many ideas on how to get it done.

    Cons

    Goldman Sachs style leadership is continuously exerting pressure to increase performance and reduce costs. It's a high stress place to work with constant changes. Everyone and everything is under a performance microscope. Not just sales. Product design has been a problem with too many leadership changes which have led to too much trial and error. Operations is a phoenix that is constantly rising and falling from the from the flames of hell. Compensation is mediocre.

    Advice to Management

    Good place for resume experience.


  6. "small company gives you a start up feeling"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    small company gives you a start up feeling

    Cons

    The chairs at office are old and not comfortable


  7. "Account Executive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Executive in Batesville, IN
    Former Employee - Account Executive in Batesville, IN
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Opportunity for self directed individuals to excel.

    Cons

    Limited opportunities locally. Little emphasis on empowering individuals to make changes.

    Advice to Management

    Reach out to larger markets for employee base.

  8. Helpful (1)

    "Favoritism trumps merit based promotions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Batesville, IN
    Former Contractor - Anonymous Contractor in Batesville, IN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Forethought Financial Group as a contractor (More than a year)

    Pros

    Decent work environment. Upper management seemed motivated.

    Cons

    Lower level employees are manipulated. Management will praise your work, make it seem like there is opportunities for career growth, and never follow through. Stagnant. Many incompetent or under-experienced people in positions of leadership. Avoid the Batesville location. shuffling of management allowed for periods of severe disruption in work-flow. Low accountability among some. Shifting of blame onto hardworking, over-worked, temps and entry-level employees. Did not value hard-workers. Suspected nepotism in hiring practices.


  9. "Case Manager Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Case Manager Representative in Batesville, IN
    Current Employee - Case Manager Representative in Batesville, IN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Forethought Financial Group full-time (Less than a year)

    Pros

    The company treats you well

    Cons

    Doing the same thing everyday

    Advice to Management

    Do not let your employees get their way all the time


  10. "Bloviating Management Needs Turnover"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Forethought Financial Group full-time (More than a year)

    Pros

    It's a growing company that has been recently bought by a venture capitalist company.

    Cons

    They offer a great story/offer upfront to bring you in, but deceive you at the end.
    Ego of management stands in the way of employee production.
    Too many people wearing too many hats thus the ball gets dropped on very important client relationships.

    Advice to Management

    Hire management that can look beyond themselves.
    Hire management that listens to its clients vs. lowers the credibility of the firm.