1.0
Jan 17, 2017
Anonymous employee
Former employee, more than 1 year
New York, NY
Recommend
CEO approval
Business Outlook
Pros
I learned what a Pyramid Scheme was and how they were implemented in every sales position on Wall Street, especially in insurance
Cons
No base pay, all commission. I was lied to in my interview about being able to pay my expenses solely on commission, I was lied to about the role I was applying for. I made 350 Cold Calls a day to try to get accounts for the managers. The turnover rate for employees was 80%, do not let insurance people scam you into sales. It is very hard to make it in this industry and they target young desperate people who just want to say they "work on wall street"