Prudential Financial Service Associate reviews

2.0

26% would recommend to a friend

(50 total reviews)
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Andrew Sullivan

Not enough data to show CEO approval

26% positive business outlook

Financial Service Associate employees have rated Prudential with 2.0 out of 5 stars, based on 50 company reviews on Glassdoor. This indicates that most Financial Service Associate professionals have a poor working experience there. Prudential is rated 46% below average by Financial Service Associate professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

50 reviews
2.0
Nov 8, 2009
Recommend
CEO approval
Business Outlook

Pros

Great name recognition, Benefits, Possiblity to make great salary

Cons

Management staff is condescending and incompetent. Compliance staff would like to sabotage any business that sales staff brings in. It is VERY difficult to make it in this position. Plan to have no family life outside of Prudential for the first 4 years because the only way to make it is to work 70 hours per week and spend a lot of time doing free, unpaid service work for existing Pru clients hoping to get a sale from it. No warm leads are ever provided so, it is sink or swim. You have to call everyone you know to start your practice. Even though you a making a pittance of a wage via commissions, you have to pay for office rental, technology costs, etc. as if you were in business for yourself. Realize that after a few month, you will go many weeks at a time with absolutely no paycheck after putting in 70 hours per week. It is tough.

3.0
Aug 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Flexible schedule, uncapped earning potential, great products.. and a lot of intercompay support. (i.e., experts in annuities, life insurance, or benefits packages that can analyze cases and help you make recommendations).

Cons

When they recruited me they showed me a brochure that said my "potential first year compensation" was $69,000. Ha! Let me tell you.. no matter how good you are, NO ONE makes that much in their first year. Most of the agents I've talked to made between 30 and 40 their first year. Plenty of the older agents make bank, but you have to be prepared to struggle for a while. Make sure that you have enough saved up (or a spouse) to help you keep afloat when you begin. Also, you have to have a natural market. You'll be asked to come up with a list of 200 people you know who you could potentially sell to, and believe me, they will make you call EVERY SINGLE ONE of those people. It was embarrassing for me. The good news is that as you gain experience, you start to realize that you really can help these people-- Prudential's products are first class-- and you stop feeling like a pushy, aggressive, salesperson.

4.0
Aug 18, 2009
Recommend
CEO approval
Business Outlook

Pros

Great training program for their financial services rep.'s 1st yr. salary while in training is good compared to other companies

Cons

sales meetings every morning can be non productive long hours wo make quota's if you miss your monthly quota two times in a roll you are fired

Viewing 34 - 36 of 50 Reviews

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