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

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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

5.0

Jan 20, 2022

Love the job but sales can be tough

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Not commissioned based. Different bonus levels can be earned. Benefits are great.

Cons

Some days are rough trying to get your sales.

3.0

Oct 26, 2021

Okay Job

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Bonuses of up to 5K per month if you make goal Flexible scheduling

Cons

The customers are very rude Products aren’t that good Stuck on the phone with no breaks

5.0

Oct 25, 2021

Good place to start career

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Great coaching for starting career in insurance

Cons

Lots of management change when I was there. Poor retention

Viewing 22 - 24 of 104 Reviews

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Ratings by category

Ratings by demographic groups

Reviews by job title

Love the job but sales can be tough

Okay Job

Good place to start career

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