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)); "good pay." ((in 6 reviews)); "The training is amazing." ((in 6 reviews)); "Good Benefits, monthly celebrations, trips given out to top performers via lottery, clean working conditions, decent comuter systems at each desk" ((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)); "sales pays the bills but gets a very low commission/sales ratio with a very low base managers keep people in their place instead of listening and fighting for better compensation" ((in 4 reviews)); "Hard to constantly get commission" ((in 3 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 demographic groups

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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).

Reviews by job title

104 reviews

2.0

May 3, 2016

Col Penn

Sales representative

Recommend

CEO approval

Business Outlook

Pros

Good benefits, easy, monthly incentives

Cons

Micromanagement, repetitive, extensive use of key performance indicators. Not much room to advance if in Philly office.

3.0

Jan 13, 2016

good company for entry level

Telesales representative

Recommend

CEO approval

Business Outlook

Pros

good pay with monthly bonuses if you meet metrics

Cons

metrics hard to achieve

5.0

Feb 4, 2014

Outstanding Company

Senior telesales virtual agent

Recommend

CEO approval

Business Outlook

Pros

There is no Cold Calling. The prospects are interested in purchasing insurance. Excellent incentive program, outstanding merit increases and excellent benefits

Cons

I am a Virtual Agent, and I am 100% satisfied with my position.

Viewing 91 - 93 of 104 Reviews

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