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

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

Mar 8, 2011

The worst 5 months of my life

Telesales

Recommend

CEO approval

Business Outlook

Pros

You build rapport with your training class and some co-workers, but overall it's not a great experience.

Cons

You sell the infamous Colonial Penn guaranteed acceptance life insurance to seniors who think this may be a good product. There are unrealistic metrics that must be met in 20 or so areas. There is a lack of work most days that lead you to do nothing productive. There's a lack of training and development.

2.0

Jan 31, 2011

customer service rep/ telemarketer

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

good incentive program when you sell insurance

Cons

a bunch of women. You have to try to sell more insurance with every call.

5.0

Feb 6, 2014

Excellent Company

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

Outstanding training program, no cold calling, excellent merit increases and incentive programs

Cons

I am 100% satisfied, I have no cons.

Viewing 97 - 99 of 104 Reviews

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