eFinancial reviews

3.3

61% would recommend to a friend

(300 total reviews)

James E. Hohmann

65% approve of CEO

65% positive business outlook

eFinancial has an employee rating of 3.3 out of 5 stars, based on 300 company reviews on Glassdoor which indicates that most employees have a good working experience there. The eFinancial employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

300 reviews
4.0
Feb 15, 2019
Recommend
CEO approval
Business Outlook

Pros

Leads are all delivered on a silver platter, multiple carriers, you only sell all day - all case management and paperwork is done for you. The days go by really fast. Managers are good at breaking down your calls for you and helping you figure out how to improve your sales.

Cons

It can get repetitive. If you don't like talking to people, this isn't the job for you.

1.0
Oct 26, 2016

Beware of Age Discrimination

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free coffee and popcorn. Leads provided but only average quality.

Cons

Don't apply if over 40. They use "culture" as code for age discrimination. Immature employees. Noise boiler room work conditions. Experienced, college grads not welcome. If you like plastic balls and shooting rubber darts over cubicles, then this is for you.

1.0
Aug 24, 2022
Recommend
CEO approval
Business Outlook

Pros

Absolutely none. Stay far away from company. Managers are will string you along and burn you out. They will sell you on the dream career you want but unless your their favorite they wont move you along.

Cons

Working at Efinancial has been the absolute worst job I have ever had in my life. For multiple reasons: - First off. You WILL be on the phone ALL day long dealing with rude callers. They micromanage you ALL day. You will repeat the same lines 300-500 times a day. - The only reason they don’t have computers doing this job is because customers don’t want to talk to a computer. You will be used as if you are a computer and not human. - They brag they have a base pay but it is just $15. Even if you get promoted up to a licensed agent position, you still get paid ONLY $15 an hour. - The managers will LIE to you that it’s a fast paced environment and that you will be promoted if you pass your exam. I passed my exam and my numbers were well above average and they didn’t promote me for months! They kept telling me “just focus on where you are at and you will be fine”. - The day to day work is HORRIBLE. You are making over 300+ calls a day, to terrible leads and getting cursed out a lot of the time. They tell you they provide “warm leads”but most of my calls were to individuals that were abusive and rude and you have to remain professional and not hang up on them. - Managers only will point out all you did wrong and focus on the negative. Then when you do great, they give you a pat on the back and say “now do it again”. Management should be much more focused on the employees and their happiness. - They will lie to about how great of a career that being a Life Insurance Agent is and not tell you that it will only work out if you are #1 or else they wont promote you ever. - One of the worst parts about this job is that they will put you up against your peers for promotions and won’t promote if not the absolute best. PS... I could go on and on about just how bad this opportunity is. They will hire anyone off the street, so beware when they make you feel like you’ve gotten a great position. They will also say these negative reviews are from angry disgruntled ex employees. This is not the case I was in the top 5% of all of the BDR’s and did great numbers jumping through all of their hoops and they did not come through on their end. I’d say this job is as close to a scam as you can get! Stay as far away as possible. Also, they make you get your Life Insurance License all outside of work hours completely unpaid. You will be paid about $2k total for the month and are expected to work overtime and complete license training and exam. ** Passing the exam does not even ensure you will be promoted! They will lie to you and squeeze everything out of you until you move on and they trick someone else.

Viewing 10 - 12 of 300 Reviews

Glassdoor has 305 eFinancial reviews submitted anonymously by eFinancial employees. Read employee reviews and ratings on Glassdoor to decide if eFinancial is right for you.