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

1.0

Aug 2, 2012

the worst place to work in the world!!!!

Customers service sell sell sell

Recommend

CEO approval

Business Outlook

Pros

great co workers, pays the bills, weekends off

Cons

supervisors are insensative to employees, horrible health ins, quotas and goals are so out of touch for employees they can not be met. harrassment and bullying and constant threating of being fired when goals are not met. no room for advancement, obsolete computer systems. customer service is not really customers service but is a sales job where they tell you to somehow make older ppl buy ins they cannot afford. i can not say enough about how horrible this job is

2.0

May 23, 2011

Horrible- OVERworked UNDERpaid

Customer service (actually sales)

Recommend

CEO approval

Business Outlook

Pros

-Co-workers were great, sense of family -Fun training -Location

Cons

-Not truthful about expectations in your interview -You are told to sell sell sell, you receive no bonus, they hold that over your head every quarter, and at incentive time there is always an excuse as to why you didn't receive a bonus. -Some of the management could be a little more profesional.

3.0

Jan 19, 2011

It is what it is...

Sales representative

Recommend

CEO approval

Business Outlook

Pros

Flexible schedule Not the hardest sell Leads provided, little cold calling Relaxed environment Friendly people Quarterly incentives May get to meet Alex Trebek

Cons

Micromanaging Management is completely out of touch No advancement opportunity Expect to be written up for frequently for unrealistic sales goals

Viewing 55 - 57 of 104 Reviews

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