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
3.0
Jan 15, 2015
Recommend
CEO approval
Business Outlook

Pros

Fun environment that you can wear jeans and a T-shirt to work everyday. In first year of sales you can easily make 60k-80k. You are able to feel good about helping people protect their families and still make good money doing it. They pay for all your licensing.

Cons

The training period is actually a position you need to work yourself out of. You could be in "training" for one month (if they like you and you're already licensed) or up to 4 or 5 months I've seen sometimes. There are no metrics on getting promoted, they only tell you "keep you numbers up" which is basically saying, "we'll get to you when we get to you". There is favoritism and politics in terms of things people get away with but if you keep you head down, do your job, and don't get caught up in any of the drama, you can make some good money.

3.0
Oct 13, 2014
Recommend
CEO approval
Business Outlook

Pros

This is great experience if you are looking to get into insurance sales (especially life insurance). The leads are provided (albeit some are much better than others, and which ones you get depends on how well you produce). The work environment is very laid back and friendly. The people I got to work with was the most satisfying aspect of the job. The work week was regular, with overtime paid if you decided to work weekends. They also pay for your nationwide licenses and licensing exams which is rare in the insurance industry.

Cons

There is a lack of transparency in upper management. Working hard does not always guarantee that you will make more money as leads are controlled. Although you will be able to obtain appointments with various companies, you are pushed to sell the products of the parent company, which seems to contradict the fact that you are, in essence a broker.

4.0
Sep 15, 2014

Pleasant Enough

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

When I was there, it was a fun, young company. Everyone worked hard and played hard. A good place to start a career.

Cons

Difficult to move up. The E-board was all friends and family. They didn't necessarily recognize all the talent they had hired. I was on the corporate side, so can't say much regarding sales, but there was significant turnover in the sales department.

Viewing 250 - 252 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.