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?

"Work from home, benefits, co" ((in 8 reviews)); "When they give bonus they are pretty good" ((in 6 reviews)); "People are amazing (besides management)" ((in 6 reviews)); "The training is amazing." ((in 5 reviews)); "good pay." ((in 4 reviews))

What are the cons of working at Colonial Penn Life Insurance according to real employee 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)); "Management Team is unaware that Supervisors are lazy, imcompentent and do not implement work with subordinates" ((in 4 reviews)); "There are bonus options but no commissions and people don't realize there is a difference." ((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

(40 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

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

40 reviews

Reviews about "Compensation"

Return to all 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.

1.0

Mar 13, 2023

Do not work here

Remote tele sales representative

Recommend

CEO approval

Business Outlook

Pros

They are constantly hiring here.

Cons

There morals is horrible. They force you to be forceful with the customers. They offer bonus but make it hard to give so in return you make minimum wage. They want you to sell at least $25,000 before they will even give you $1,000 extra on your paycheck. This job is literally make me sick and I am looking for another source of income.

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.

Viewing 7 - 9 of 40 Reviews

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Colonial Penn Life Insurance reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Reviews about "Compensation"

Weak commissions

Do not work here

Good Entry Level Sales Job

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