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

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

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

1.0

Jul 28, 2012

Looking to Leave Any day now

Telesales

Recommend

CEO approval

Business Outlook

Pros

Flexibility with work schedule (ie. ft,pt,day shift,evening shift, work from home) Yearly pay raises (not much but at least they do it) Assists with obtaining licensing for Life Ins

Cons

Medical benefits are horrible; Qtrly incentative change every quarter to disqualify more people and are unfair; supervisors are unprofessional; work environment is juvenile (good for those fresh out of high school); unrealistic sales goals; blatant harassment and pressure tactics to induce sales of a mediocre product to low-income (often uneducated)seniors

1.0

Jun 15, 2012

What a ridiculous company to work for

Telesales

Recommend

CEO approval

Business Outlook

Pros

-Friendly Co-Workers -Great Location --Nice Bonuses -2 good managers

Cons

-unqualified, unintelligent supervisors -Quickly changing metrics of evaluation -Terrible Health Benefits

Viewing 94 - 96 of 104 Reviews

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

Looking to Leave Any day now

What a ridiculous company to work for

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