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?

"They let people work from home once a week, and overall they seem relatively flexible about people's work schedules." ((in 7 reviews)); "Great people to work with." ((in 6 reviews)); "When they give bonus they are pretty good" ((in 5 reviews)); "good pay." ((in 5 reviews)); "The training is amazing." ((in 5 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))

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

Company ratings over time

Ratings trend for the last 6 months (104 reviews)

Ratings by demographic groups

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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 19, 2024

Okay not great

Life insurance agent

Recommend

CEO approval

Business Outlook

Pros

Flexible and time management was ok

Cons

Low money no growth opportunities available

5.0

Mar 6, 2024

Great Place

Licensed life insurance agent

Recommend

CEO approval

Business Outlook

Pros

Super supportive and attentive to workers

Cons

Training is subpar at times but its a sales job

1.0

Dec 26, 2023

Horrible company

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Working from home every day

Cons

You are a bonus number. This company will take bonuses lock your computer. Computer issues are done on purpose to stop your production if the company has paid out to much the previous year. This is a broke down company. Not a career choice. Horrible for new agent. The products are three times higher then most other insurance company.

Viewing 4 - 6 of 104 Reviews

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