Pros
-Supportive coworkers -knowledgeable management -occasionally given bonus payments for hard work ($300 if you meet with 5 people a week I believe- you need to reach out to strangers to set up meetings.) an occasional Starbucks gift card. -excellent regular training -you make our own schedule but will regret not being as productive as you can be
Cons
-Financially this is a horrible decision- do not make the same mistake I did, you will fall behind on bills doing this job if you do not have about 5 people per month who will buy insurance from you. They will offer you a “529 account” and make you believe this is a “paycheck,” it is not a paycheck, IT IS A LOAN that gains interest- yet you will be told there is no interest. You need a literal loan to work here and pay your bills at the same time. My credit score fell over 100 points from working here and not being able to afford my own bills. They ask for your budget and only offer to “pay” about 60% of it as “motivation for you.” I will be paying for working here literally and figuratively for YEARS. -required to sell insurance to your friends and family. This will damage your relationships. People will avoid you. NM is essentially a legal MLM. Management will convince you that if your friends don’t buy from you they weren’t your friends. You literally go through intensive training in which you are trained to push past peoples “no” responses and you are required to continue to harass the same people multiple times a week to meet with you and buy your insurance. -they do not tell you the exact job duties until you are done with your first few weeks of training. THERE IS A REASON FOR THIS. Nobody wants to join a company to sell insurance, they write it off as “helping people build a financial plan” yet there is no concern for anyone’s financial stability aside from insurance (life and disability) and investments once you are licensed. -the “leadership team,” specifically the higher up reps who have been there for a while will join you on meetings with the friends and family who agree to meet with you, they will take half your commission if a sale is made, and once you (as a new and struggling rep) have finally had enough and decide to quit, they will continue to receive regular commissions on your clients and you will not. This is how higher up reps succeed.