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

1.0

Jul 13, 2017

Very Stressfull Job

Tele-sales agent

Recommend

CEO approval

Business Outlook

Pros

Very health conscious , convenient location , very fair pay ..they pay for the licenses

Cons

If you are not making the company money .....they don't want you . They care nothing about the customer , all that matters is getting the initial premium. If I don't get out of here I will have a heart attack .......the stress is unreal . I have seen some wonderful people leave or even get fired .......for nothing . They care more about a script then making a person feel comfortable about the items they are buying.

4.0

Jun 11, 2017

TeleSales Agent

Telesales agent

Recommend

CEO approval

Business Outlook

Pros

Comfortable Job Environment For Employees

Cons

Recent Increase in Revolving Door Employee Turn Over

2.0

May 18, 2017

Customer service rep

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

Great people to work with. I had the weekend off. Overtime if you want to work late and on the weekends.

Cons

Managers don't know anything. They make think you are wrong for not making money. Other people had to work on the weekend and, it was not overtime.

Viewing 58 - 60 of 104 Reviews

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