Watch out if you're a new agent - Licensed Insurance Agent TRANZACT Employee Review

1.0
May 9, 2023
Recommend
CEO approval
Business Outlook

Pros

Helped me get my license and I learned a lot when it comes to Medicare sales. Got good experience. Helped a lot of people get better coverage and it was amazing to hear happy customers.

Cons

Bad comp structure, 8$ per sale during AEP. They are not truthful, they are deceitful. I was a new agent and I literally was lied to and confused when trying to get my licenses. I was told they controlled my license and if I left the company I couldn't sell life and health for 180 days. (obviously not true) My licenses and all of the info were in Tranzacts name so it was stressful to get it all transferred to me. They also didn't pay me for 4 months. They also always did lunch and dinner in the office, office parties, etc bc at the end of the day we were getting scammed as agents out of our comp haha. Tryna woo us over with food and music.

Explore other reviews about TRANZACT

5.0
May 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good pay, supportive coworkers, and opportunities to grow and learn in the insurance field. Some leaders are very encouraging and helpful, The job teaches strong communication and problem solving skills, especially handling customers over the phone.

Cons

The work can be mentally draining at times due to difficult customer interactions throughout the day. Leadership styles can vary a lot depending on the team or manager, so adapting to constant changes and different expectations can sometimes be stressful. There are also frequent changes within teams and processes.

3.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

There's money to be made, not outside of AEP/OEP much. they train you well and most of the managers are flexible and caring.

Cons

Only certain programs are worth it there I was in their Aetna direct program first and that was good, leads knew who they were talking to, what to expect etc. However their programs outside of direct ones are bad, they trick people into calling in with the promise of a grocery card that does not exist. The most vulnerable community who needs the most help, made me feel like I was a scammer. Or they thought they were calling the carrier or Medicare themselves.

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