Does Colonial Penn Life Insurance pay their employees well?

According to anonymously submitted Glassdoor reviews, Colonial Penn Life Insurance employees rate their compensation and benefits as 2.7 out of 5. Find out more about salaries and benefits at Colonial Penn Life Insurance. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Colonial Penn Life Insurance?

26% of Colonial Penn Life Insurance employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Colonial Penn Life Insurance 2.7 out of 5 for work life balance, 2.8 for culture and values and 2.5 for career opportunities.

What are the top reviewed jobs at Colonial Penn Life Insurance?

Customer Service Representative (9) , TELESALES Representative (9) , Sales Representative (7) , Telesales Agent (7) , Life Insurance Agent (5) , Insurance Agent (4) , Sales Associate (3) , Telesales (3) , Insurance Sales Agent (2) , Insurance Sales Representative (2) , Sales (2)

What are the pros of working at Colonial Penn Life Insurance according to real employee reviews?

"good pay." ((in 7 reviews)); "Great people to work with." ((in 7 reviews)); "When they give bonus they are pretty good" ((in 6 reviews)); "They let people work from home once a week, and overall they seem relatively flexible about people's work schedules." ((in 6 reviews)); "Benefits are great." ((in 6 reviews))

What are the cons of working at Colonial Penn Life Insurance according to real employee reviews?

"Management Team is unaware that Supervisors are lazy, imcompentent and do not implement work with subordinates" ((in 5 reviews)); "Managers and supervisors can write you up for any little reason that they see fit, and they literally make the rules up as they go." ((in 4 reviews))

What are the top reviewed Colonial Penn Life Insurance locations?

Philadelphia , Carmel , Phila , Indianapolis , Greenville , Hesperia , Wichita , Bala Cynwyd , Pittsburgh , Reading , Philadelphia Main Post Office

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Colonial Penn Life Insurance

Part of CNO Financial Group

Colonial Penn Life Insurance reviews

2.5

26% would recommend to a friend

(104 total reviews)

Scott Goldberg

61% approve of CEO

28% positive business outlook

Ratings by category

3.7

Diversity & inclusion

2.8

Culture & values

2.7

Work/Life balance

2.7

Compensation and benefits

2.5

Senior management

2.5

Career opportunities

Colonial Penn Life Insurance has an employee rating of 2.5 out of 5 stars, based on 104 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Colonial Penn Life Insurance employee rating is 31% below average for employers within the Insurance industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

104 reviews

3.0

Apr 24, 2023

Weak commissions

Insurance advisor

Recommend

CEO approval

Business Outlook

Pros

Great team structure and benefits.

Cons

Commissions on sales are below standard and one small quality error can negate you from earning a full months commission and possibly more.

3.0

Aug 13, 2022

Good Entry Level Sales Job

Outbound phone sales

Recommend

CEO approval

Business Outlook

Pros

They pay for your for your additional state licenses. They provide training. They pay a base salary. They provide the equipment and pay you money to cover your internet.

Cons

Low income potential. Managers do not know how to keep a team motivated. They just send silly memes into the chat. Boring one product to sell/push.

2.0

Jun 8, 2022

unethical sales tactics

Sales associate

Recommend

CEO approval

Business Outlook

Pros

Coworkers, some free food, good location

Cons

Sales goals are unachievable for most

Viewing 34 - 36 of 104 Reviews

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Ratings by category

Ratings by demographic groups

Reviews by job title

Weak commissions

Good Entry Level Sales Job

unethical sales tactics

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