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

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

Mar 30, 2016

Telesales Representative

Telesales representative

Recommend

CEO approval

Business Outlook

Pros

Company offers thorough training and the opportunity to take the life insurance exam. Employees are extremely friendly and easy to talk to.

Cons

High turnover and stress induced environment to constantly take calls to encourage potential customers to buy policies.

3.0

Jan 13, 2016

good company for entry level

Telesales representative

Recommend

CEO approval

Business Outlook

Pros

good pay with monthly bonuses if you meet metrics

Cons

metrics hard to achieve

3.0

Sep 6, 2015

Low Pay

Outbound sales representative

Recommend

CEO approval

Business Outlook

Pros

Good Benefits, monthly celebrations, trips given out to top performers via lottery, clean working conditions, decent comuter systems at each desk

Cons

Poorly trained managers, limited growth potential, low salary, no commission, low monthly bonuses, high turnover, forced to use scripts and can't really use your personality to sell

Viewing 73 - 75 of 104 Reviews

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