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?

"When they give bonus they are pretty good" ((in 6 reviews)); "Great people to work with." ((in 6 reviews)); "good pay." ((in 5 reviews)); "Good Benefits, monthly celebrations, trips given out to top performers via lottery, clean working conditions, decent comuter systems at each desk" ((in 5 reviews)); "The training is amazing." ((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))

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

1.0

Oct 25, 2017

Overworked, misused, and underpaid

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Helping people that needed life insurance. Genuinely caring about my customers and sending out policies that met thier needs unlike shoving overpriced policies down thier throat.

Cons

Being misused and recieving very little compensation for making this company tons of money. I was a top performer left high and dry by this company. We lost our jobs even though we were outperforming the PA site. They care about the bottom line only. They are never satisfied and prey on the sick and elderly.

1.0

Aug 28, 2017

sales

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

good pay. very nice people and benifits

Cons

management sucks. expectations too high. very very very stressful

1.0

Jul 13, 2017

Very Stressfull Job

Tele-sales agent

Recommend

CEO approval

Business Outlook

Pros

Very health conscious , convenient location , very fair pay ..they pay for the licenses

Cons

If you are not making the company money .....they don't want you . They care nothing about the customer , all that matters is getting the initial premium. If I don't get out of here I will have a heart attack .......the stress is unreal . I have seen some wonderful people leave or even get fired .......for nothing . They care more about a script then making a person feel comfortable about the items they are buying.

Viewing 22 - 24 of 40 Reviews

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Colonial Penn Life Insurance reviews

Ratings by category

Ratings by demographic groups

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Reviews about "Compensation"

Overworked, misused, and underpaid

sales

Very Stressfull Job

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