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?

"Great company...family atmosphere..no micro managing....you can work from home after 1 year...great bonus structure...friendly environment....let me repeat no micro managing!!!" ((in 8 reviews)); "When they give bonus they are pretty good" ((in 6 reviews)); "The training is amazing." ((in 6 reviews)); "Great people to work with." ((in 6 reviews)); "Benefits are great." ((in 6 reviews))

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

"sales pays the bills but gets a very low commission/sales ratio with a very low base managers keep people in their place instead of listening and fighting for better compensation" ((in 5 reviews)); "Management Team is unaware that Supervisors are lazy, imcompentent and do not implement work with subordinates" ((in 4 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

Skip to content Skip to footer

Notifications

Colonial Penn Life Insurance

Part of CNO Financial Group

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

2.0

Feb 1, 2021

High School

Telesales representative

Recommend

CEO approval

Business Outlook

Pros

good experience to make a career somewhere else

Cons

underpaid-lowest in the industry but works the sales folks the hardest. sales pays the bills but gets a very low commission/sales ratio with a very low base managers keep people in their place instead of listening and fighting for better compensation- unfortunately diversity is not enough if you have minorities in management looking down on minorities on the sales floor

5.0

Nov 5, 2020

Great Inclusive Company

Insurance sales agent

Recommend

CEO approval

Business Outlook

Pros

Inclusive, great atmosphere, average pay

Cons

high stress environment, sales focused

3.0

Mar 29, 2020

Good and bad.

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

Great place to start but wouldn't advise long-term

Cons

Sales dept. Very stressful inviorment

Viewing 40 - 42 of 104 Reviews

Top companies for "Compensation and Benefits" near you

Liberty Mutual Insurance

3.8★Compensation & Benefits

Progressive Insurance

3.9★Compensation & Benefits

USAA

3.8★Compensation & Benefits

Travelers

4.2★Compensation & Benefits

Colonial Penn Life Insurance reviews FAQs

Reviews Colonial Penn Life Insurance reviews

Colonial Penn Life Insurance

Colonial Penn Life Insurance reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

High School

Great Inclusive Company

Good and bad.

Top companies for "Compensation and Benefits" near you

Colonial Penn Life Insurance reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Company ratings over time

Top companies for "Compensation and Benefits" near you

Colonial Penn Life Insurance reviews FAQs