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Primerica Financial Services Representative Reviews

Updated Oct 30, 2019

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3.9
77%
Recommend to a Friend
100%
Approve of CEO
Primerica Chief Executive Officer Glen Williams (no image)
Glen Williams
5 Ratings
  1. Helpful (1)

    "Honesty is their policy"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Grand Rapids, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica part-time for less than a year

    Pros

    *Friendly, down-to-earth management *Ability to get promoted quick *Build your own business at your own pace *No quotas or obligations. Up to you how much you work and which meetings you choose to go to *Ability to be reimbursed and trained for all financial licenses. You can leave with your licenses and no hard feelings on their part.

    Cons

    *All commission compensation. This applies to all life insurance companies however. *Takes a while to build your business but once you get going, it snowballs fast

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  2. "Financial services with sales and comission"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Totowa, NJ
    Recommends
    Neutral Outlook

    I worked at Primerica part-time for more than a year

    Pros

    Work when you want weekly training kind co workers

    Cons

    commission based If you're not a sales person then I don't reccommend

  3. Helpful (8)

    "Avoid at all costs"

    1.0
    Former Employee - Financial Services Representative 

    I worked at Primerica part-time

    Pros

    I can not come up with one

    Cons

    A financial representative's time should be spent on three primary things: (1) Prospecting for new clients; (2) taking care of existing clients and working their book of business and (3) ongoing training, acquiring new credentials such as the CFP. Primerica has it completely backwards. Many of the financial reps have never managed a sole yet they are asked (told) to "recruit" folks to sell insurance and investment products. It is mind blowing. If folks investing with the typical Primerica rep really knew the inner workings of the company, they would head the other way. Imagine Merrill Lynch and Morgan Stanley run as MLM's, with producers forced to recruit folks under them. Amway is a MLM. An investment company should not be one!

  4. Helpful (13)

    "FSR"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Representative in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Primerica full-time for more than a year

    Pros

    The appearance of "team" work The appearance of "training" The appearance of "rewards" They pay for your life license and classes . I enjoyed the classes. Events are hyped, fun, nice food, people are nice Been around for a long time You have the opportunity to get your investment license to market investments. Get it to be able to make more money or else you are stuck. There are other opportunities to market debt management, care insurance etc but you can get better elsewhere and I know this from experience

    Cons

    I was introduced to Primerica through a friend. I trusted that what he told me was the truth, but this opportunity turned out to be anything but. I was unemployed at the time and was sold on the dream he discussed with me. Working for myself, having a team, making money and signing on other people who you'd help training and you make money when they make a sale. The bulk of your earning is based on you signing on other people and having them make sales so you get a commission. This is what they DO NOT tell you. It isn't so much about selling Term Life insurance. In fact, many of the District Leaders know little about what they are selling. I know because I asked one of them for feedback to give a client who asked a question. Turns out what they told me was wrong and I had to contact the main office for clarification and what they told me what something completely different. That made me (albeit I was experienced) look totally unprofessional and stupid. They tell you only lazy people and people who don't put there all into it fail, but the truth is that is not the truth, I paid $99 plus a fee to use their online system. After being with Primerica for 2 years I left. My friendship changed and my upline was nonexistent and the so-called teamwork was barely there outside of meetings where they brainwash you into paying to go to events and selling to friends and family. They love self-starters because they know they don't need to support you. They also don't tell you when you just sign on that whatever leads you get and any sales made during the "training period" will not go to you if you aren't licensed, but to the person who signed up if they are licensed. My friend made sales off of my leads and I didn't get one cent. When I wasn't reaching anywhere because most of my friends and family hate salespeople and especially anyone selling them life insurance, my team did nothing to help me. My"friend" just kept telling me to hang in there, keep pressing forward, don't worry, but offering no real advice on how to actually make a sale, My team didn't care about me because they never called to check on me once. I had a list of leads and I set up appointments for my friend to speak with them to help me get a foot him and what did he do...he didn't call them. I had to apologize to several people who refused to do business with me because they waited to speak with him over the phone and he did not call. I am glad I left and the customer service at Primerica is horrible as well, They sell you a dream, but times have changed and that dream is not attainable. So many people are getting out. Do your research and do not let anyone force you to do anything before doing your research. If you don't have a lot of leads and arent signing on people, nobody and I mean nobody pays any attention to you. It is all about money to your upline.

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  5. Helpful (6)

    "Business Over Everything"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Miami, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Primerica part-time for less than a year

    Pros

    Meet and network with a lot of people

    Cons

    You do not get paid until you get promoted

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  6. "Best human friendly company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Financial Services Representative in Pikesville, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Primerica for less than a year

    Pros

    Advancements; recognitions; self-improvement workshops on the weekends; your own schedule Anyone, even a high school drop-out with clean background can become big at Primerica

    Cons

    Sales Hard to get clients and new recruits

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  7. Helpful (5)

    "Challenging, But Very Rewarding"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Financial Services Representative in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica part-time for more than a year

    Pros

    Earnings based on performance, advancement opportunities based on performance, flexible schedule for entry and strong professional development and support all designed to insure your success.

    Cons

    Commission sales, but best compensation in the industry

  8. "Financial Services agent"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Herndon, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica part-time for more than 8 years

    Pros

    Great work environment paid training get you off to a great start lasting friendships and dedicated management opportunity to grow

    Cons

    Need more locations Could use more training skills

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  9. "Distribution of financial services"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Financial Services Representative in Laredo, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Primerica for more than 3 years

    Pros

    Opportunity for growth, no territory restrictions, competitive pay and compensation plan, leadership role is key. Company pays for your licensing.

    Cons

    Turnover rate of agents, must be fully licensed to make income ,must be able to face your fears. One must renew and pay licensing fees.

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  10. "Good Place to learn Life Insurance and basic Investmentsif you find the right fit"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Financial Services Representative in Tampa, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Primerica for more than 3 years

    Pros

    Culture was good is a PRO

    Cons

    Structure was poor is a CON

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Found 53 reviews