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Insphere Insurance

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Insphere Insurance reviews

3.2

61% would recommend to a friend

(19 total reviews)

Kenneth J. Fasola

79% approve of CEO

52% positive business outlook

Reviews by job title

19 reviews

Reviews about "Compensation"

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4.0
Nov 18, 2012
Recommend
CEO approval
Business Outlook

Pros

You get paid what you are worth. It's not hard to to earn $50k-$60k and if you stick with it for 3-5 years, you can be earning $75k-$100k. You also get to compete in carrier contests and earn an additional $3k-$15k per quarter in bonuses (on top of commissions paid). It's super easy to earn the $3k bonus and takes a little effort for the $5k bonus.

Cons

It's straight commission. You don't get paid if you aren't writing new business. Also, there is no corporate style job benefits such as health insurance, 401k contributions. There are stock options though.

3.0
Oct 22, 2012
Recommend
CEO approval
Business Outlook

Pros

Extreme amounts of training available, with a strong resource chain of command as well as a call center specifically for agents when no one else is available. Attitude recommended for sales calls is always deemed to be positive. Helping attitude rather than aggressiveness toward clients.

Cons

Amount of sales and consistency of output is pushed too hard as it may be difficult for some to come out of their shells, especially since everyone is deemed to be a "self-employed contractor". Sales leaders with high performance are even criticized for not having enough agents under them when the majority of the hiring pool is unwilling to accept commission-only work.

3.0
Sep 11, 2012
Recommend
CEO approval
Business Outlook

Pros

You are you own boss, you decide your own schedule except for Mondays and Fridays Agency meetings. You get structurized training with fair to efficient technology to support Sales staff. You are on your own trying to navigate through technology to be efficient at what you sell. This is the current downsizing situation with lay-off all over the board from major insurance carriers deleting their in-house sales force nationwide.Employing sales staff from Insphere Insurance Solutions is an economical success corporate story as to how to outsource a sales dept. People are willing to work for no salary no benefits and little technical support. Why not ? It costs barely nothing to run this company ! Give them exciting contests and prizes as the sales agents plug along for the necessary sales volume.

Cons

Corporate mission statement and value are diluted down to individual personal translation of the Name Brand--As an illustration : Do you know about Aetna or Anthem Blue Cross ? Not really they will decline coverage, very hard to apply, very expensive to upkeep or to re-enroll. Why is that ? What happens to the national Name Brand of such insurance company ? Very shortly consumers will forget your brand ! Do you want to be purposedly forgotten ? Attrition is constant as agent's contract are automatically terminated about 10 weeks in due to lack of production. It will costs you to work here ! You will spend money for flyers car stickers gas to go to the appointments and to buy leads. You will learn hard cold calls sales techniques since Insphere Insurance Solutions is not a recognizable well-known company.

Viewing 13 - 15 of 19 Reviews

Glassdoor has 97 Insphere Insurance reviews submitted anonymously by Insphere Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Insphere Insurance is right for you.