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?

"Work from home, benefits, co" ((in 8 reviews)); "When they give bonus they are pretty good" ((in 6 reviews)); "good pay." ((in 6 reviews)); "The training is amazing." ((in 6 reviews)); "Good Benefits, monthly celebrations, trips given out to top performers via lottery, clean working conditions, decent comuter systems at each desk" ((in 6 reviews))

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

"Management Team is unaware that Supervisors are lazy, imcompentent and do not implement work with subordinates" ((in 5 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 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

Company ratings over time

Ratings trend for the last 6 months (104 reviews)

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

Aug 12, 2019

Invested in us

Sales

Recommend

CEO approval

Business Outlook

Pros

They teach us how to service our customers and help them

Cons

Too new to have any opinion

1.0

Aug 3, 2019

Horrible unprofessional evil place

Sales

Recommend

CEO approval

Business Outlook

Pros

Location and just having a job

Cons

Management is beyond horrible the company should of been sue a long time ago for allowing all types of sexual harassment that goes on there but instead they reward the harrassers and put thrm on a pedestal. very high school. they steal money from there employees and supervisors and sales reps sleeping with management to keep a job and to get special favors and all of management know about it .... a very disturbing place to work the me too movement needs to come there to protest to protect women

1.0

Jul 17, 2019

Dreadful environment

Life insurance agent

Recommend

CEO approval

Business Outlook

Pros

Nothing at all. Do NOT work here!!

Cons

Management, unrealistic goals, point and bonus system. It feels like a prison with no freedom. High school environment. They put you on the front line to take all the bs while they set unrealistic goals and rules and sit back watch and coach you on how to take bs

Viewing 49 - 51 of 104 Reviews

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