1. The inspiration is great, however, there is such a thing as too much. No negativity in this work place it's not allowed, period.
2. Unrealistic expectations and goals.
3. Crazy working hours, (70 hours a week minimum) pretty much have to be young without a family or children.
4. Weeks without pay, it's all commission based and if you have a couple bad weeks you've worked hard and have nothing to show.
5. Training program is like a conveyer belt, they quickly train you and throw you out to be alone before you're truly ready.
6. Need to know basis, you don't get told what you should be until they believe you need to know it.
7. Charge backs and trials. If a policy doesn't go through due to for example health or background issues then you will get a charge back for the advanced commission you make from a sale. A trial means you could write 5 sales and then get paid on none and still have no check if they are all trialed. Therefore, you don't always know when this will happen and you have no idea how long you'll be waiting for it to be approved or denied.
8. This is lead driven business and you only get 75 to work with for 1 month. This is good for the first 2 weeks then they dwindle down and so does the paycheck. Must be good at referral collection and they are the hardest to book appointments with. So if you need a consistent paycheck this isn't the place for you.
9. Many Leads are old, or have been seen already and aren't interested and just want the free benefits.
10. Every year seeing policy holders over and over again. These are people the believe in the product and are likely to add more coverage at times but this is a flawed tactic. They don't want to be bothered every single year because they already bought and shouldn't be bugged constantly. Not to mention every year getting a new agent looks bad and sends the wrong message. They aren't sure who they are going to get. And not all agents represent the company well.
11. Constant mandatory meetings. It becomes annoying that you're already working all the time but also you have to spend hours every week in meetings. And it doesn't change after 6 months.
12. Treating independent contractors like regular employees. They set your schedule and you have to stick with it and don't get the freedom a real independent contractor gets.
13. If you quit make sure you wait for all your business to come through and don't write any new business that week And quit after you receive all of your checks. Otherwise, getting your last paycheck can be difficult.
Advice for this job. Unless your single and young don't take it. It's not the job you want to do when you have children or a spouse at home. It's not a bad job but you have to put everything you have into it to get some where. Because when you're not working you're studying! Retirement is "10 years" after you work there. But that really counts on your ability to sell insurance and hang in there during the ruff times. Because your retirement is money you accumulate from all of your sales. No sales = no paycheck = no retirement. Don't fall for their sales pitch or their scripted conversations they have to motivate you to stick with it. Do what you want and stay if YOU want to stay. Of course they want you to stay because when you make money so do they from you. Just make sure it is truly what you want before doing it. I've known people to face divorce during this job and even people not having a place to live. But then there are people driving nice cars with multiple homes working there. Like I said it's not for every one.
