Does Colonial Penn Life Insurance pay their employees well?

According to anonymously submitted Glassdoor reviews, Colonial Penn Life Insurance employees rate their compensation and benefits as 2.7 out of 5. Find out more about salaries and benefits at Colonial Penn Life Insurance. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Colonial Penn Life Insurance?

26% of Colonial Penn Life Insurance employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Colonial Penn Life Insurance 2.7 out of 5 for work life balance, 2.8 for culture and values and 2.5 for career opportunities.

What are the top reviewed jobs at Colonial Penn Life Insurance?

Customer Service Representative (9) , TELESALES Representative (9) , Sales Representative (7) , Telesales Agent (7) , Life Insurance Agent (5) , Insurance Agent (4) , Sales Associate (3) , Telesales (3) , Insurance Sales Agent (2) , Insurance Sales Representative (2) , Sales (2)

What are the pros of working at Colonial Penn Life Insurance according to real employee reviews?

"Benefits are good if you like high deductible low premiums Health care which fits my pocket." ((in 10 reviews)); "When they give bonus they are pretty good" ((in 6 reviews)); "Work from home, benefits, co" ((in 6 reviews)); "Friendly people" ((in 5 reviews)); "Flexibility, great coworkers and opportunities to grow." ((in 4 reviews))

What are the cons of working at Colonial Penn Life Insurance according to real employee reviews?

"Managers and supervisors can write you up for any little reason that they see fit, and they literally make the rules up as they go." ((in 4 reviews)); "Management Team is unaware that Supervisors are lazy, imcompentent and do not implement work with subordinates" ((in 4 reviews)); "Hard to constantly get commission" ((in 3 reviews))

What are the top reviewed Colonial Penn Life Insurance locations?

Philadelphia , Carmel , Phila , Indianapolis , Greenville , Hesperia , Wichita , Bala Cynwyd , Pittsburgh , Reading , Philadelphia Main Post Office

Colonial Penn Life Insurance reviews

2.5

26% would recommend to a friend

(104 total reviews)

Scott Goldberg

61% approve of CEO

28% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Colonial Penn Life Insurance has an employee rating of 2.5 out of 5 stars, based on 104 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Colonial Penn Life Insurance employee rating is 31% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

104 reviews

5.0

Jul 13, 2021

My search for a company to retire with has been fulfilled!

Telesales agent

Recommend

CEO approval

Business Outlook

Pros

Working for Colonial Penn has been a life-changing experience for not only me, but my family too. The flexibility allows you the opportunity to balance your home/work life without being overwhelmed. The diversity within the company makes it easy to fit in regardless of your background or beliefs. I absolutely love my CP work family and plan to retire with our company.

Cons

With the unexpected event of Covid and everyone shifting to remote work, the company has faced some technological challenges that they work on diligently and consistently to improve.

1.0

Jul 12, 2021

I am so glad I got out

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

I found that working for this employer had no pros.

Cons

Low pay for high stress You are just a number to them No work life balance

2.0

Jul 1, 2021

Didn't enjoy it after the first year

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nothing to be enjoyed at this employer.

Cons

You are expected to work like a robot. Nonstop.

Viewing 37 - 39 of 104 Reviews

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