Churn agents with no customer support whatsoever
Insurance Agent (Former Employee) – Lake View, NY – February 18, 2014
I worked at Bankers Conseco for 6 months. I fell hook, line and sinker for the nonsense the manager fed to us. I thought if half of what they said was true, I could make that work. And I was right. If half of what he had said was true, I would have been very successful. All of their systems and numbers are based on the 33 products they have nationwide. In NY, you have about 8-10 products. If you have no conscience and can shove a few sub-par products down a prospect's throat with no regard for need, you might make good money. If you want to actually help people, find a different company to work for. In the six months that I worked there, I cannot even count how many new agents came and left. There were two agents who had been there over a year and neither one were making close to 6 figure incomes. If you are considering this place and serious about the industry, look at Mutual of Omaha, N.Y. Life, Northwestern, Met Life, Axa, etc.
Every company I've worked with since has been better. Set the bar very low for financial services
Pretty much everything else.