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

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

2.0

Nov 29, 2018

Management

Life insurance agent

Recommend

CEO approval

Business Outlook

Pros

Incentive is great unless quality screws you over. People are amazing (besides management) Location Benefits

Cons

$15/hour is not good enough for the work Incentive gets blocked for overly strict quality grading method that has nothing to do with quality at all. . Management doesn’t take anyone’s questions or concerns seriously Some sales teams cheat and get away with it.

2.0

Jun 6, 2018

Call center

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Not for me. Call center

Cons

Long hours, no life, old technology

1.0

Apr 29, 2018

I swear one if the worst jobs I ever had

Telesales representative

Recommend

CEO approval

Business Outlook

Pros

location is convenient benefits are ok pay is minimum but ok

Cons

your not allow to go to the bathroom unless it's your schedule break are lunch the supervisor and higher ups micromanage you to death it's beyond stressful sooo many employees despise there job and management know and don't care it's like working in a third world country no lie ....Horrible

Viewing 52 - 54 of 104 Reviews

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