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

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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 category

3.7

Diversity & inclusion

2.8

Culture & values

2.7

Work/Life balance

2.7

Compensation and benefits

2.5

Senior management

2.5

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

104 reviews

4.0

Mar 20, 2014

Good experience as a transitional position

Insurance

Recommend

CEO approval

Business Outlook

Pros

the training is great, great work life balance, new tasks to learn if asked for, new quality technology to work with

Cons

the compensation could be better, there are not opportunities to advance in every department, the office culture varies by the day

4.0

Feb 25, 2014

Great company no micromanaging great CEO

Sales representative

Recommend

CEO approval

Business Outlook

Pros

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!!! If you have telephone skills I recommend this place to anyone

Cons

They dont hire to often...if you can get in you stay in

1.0

Jan 12, 2013

Good job bad management

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

Wonderful co workers some supervisors treat you like family and actually about you. When they give bonus they are pretty good

Cons

If management has something personal against you no matter how good you are it means nothing

Viewing 52 - 54 of 104 Reviews

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Ratings by category

Ratings by demographic groups

Reviews by job title

Good experience as a transitional position

Great company no micromanaging great CEO

Good job bad management

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