Prudential reviews

Where to start.... -No base pay, even though you sometimes spend a considerable amount of time servicing the needs of orphan clients, effectively providing client retention services to corporate. In my opinion, the lack of a base also incentivizes less scrupulous agents to make unsuitable recommendations, especially with regards to annuity sales. -Compensation structure is mind-bogglingly confusing to most new reps, especially with regard to the first-year support credits. -Absolutely no help with start-up costs; if you want an extra pen and some paper clips, be prepared to pay for them. Likewise, no transportation expense reimbursement, so when you drive an hour and the client doesn't pull the trigger, you lost both the sale and the gas money. -Training and support exercises are good at first, but become tedious, repetitive and time-consuming as you get into the role, but attendance is still expected. -Trail commission rates on life insurance are pretty rough, meaning new business is the only way to make serious money on life insurance sales. -Partners for P&C may have poor rates, depending on the state you're in, making it hard to build a renewal stream. -Maximum draw amount is set very high for new reps, meaning you have to hit some pretty solid numbers to take home more than the minimum draw. -Management support can be spotty and the company provides very few quality leads to new reps. If you don't have a natural market and/or the initial capital to buy leads, it's a really uphill battle to keep your draw account from emptying.

The reason for the two-star rating is due to recent marketing decisions to use non-compliant Medicare Advantage leads as their primary lead source. I have consistently been a top producer, and for the past two years, my monthly conversion rate never dipped below 20%. However, in the last few months, Assurance switched to cheap, non-compliant, and misleading leads that promise seniors $900/month grocery cards and "stimulus checks" worth thousands of dollars. These benefits are simply non-existent and grossly non-compliant with CMS guidelines. Since this change in marketing, my fellow top producers and I, who previously maintained a 20%+ close rate, now struggle to convert at even 10%. Our sales per hour metric has dropped from 1.0 to 0.5. Assurance also recently changed the compensation plan, tying our pay directly to our close rate. It seems too coincidental that this switch happened alongside the use of non-compliant leads. While these cheap leads may be highly profitable for Assurance, they have several negative consequences: - Agents become exhausted and burnt out when leads convert at 1 in 20. - Customers perceive Assurance IQ as shady and misleading. - The company risks legal trouble. - Top-producing agents will leave in droves (as some already have). *Assurance management/executives, please read this next part VERY carefully* We have attempted to discuss this issue with management without success. Upper-level management seems unresponsive to feedback. If Assurance does not address the concerns about these non-compliant and blatantly false ads, MANY AGENTS will report Assurance's non-compliant activity directly to CMS and all of the carriers that Assurance represents. To reiterate: If these non-compliant and blatantly misleading lead sources continue to taint our calls, MANY AGENTS will write detailed emails and reports about Assurance's non-compliant behavior and send them directly to CMS, Humana, United Healthcare, Anthem, Cigna, Aetna, and WellCare. I sincerely hope and believe that Assurance has the ability to do the right thing. If you just use the same lead sources as last year, that would be fantastic. I can’t remember the last time I got a lead that wasn’t a grossly misleading “$900/month” grocery card or stimulus check lead. Assurance has the ability to be a brokerage that top agents want to be at. Be that brokerage for us Assurance. You’ve been great in the past, be great again!