Efinancial Employee Reviews

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Account Executive
Account Executive (Current Employee) –  Chicago, ILAugust 22, 2017
Started off as a Business Development Rep which is standard across the board. I like this approach because I was able to learn an entire new business instead of being thrown into a whole new industry and expected to sell from the start like my last job. Managers are great and coach you up really well and cash contest are always fun. They like to buy lunch for the sales floor a lot we had wings for national wing day a few weeks ago.
Pros
Lunches and a awesome commission structure
Cons
30K base but you also make easily 7-10 k in commission to make up for it
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5.0
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Typical Office Work
New Business Coordinator (Former Employee) –  Bellevue, WAApril 3, 2019
Working at eFinancial was as good as it gets working for a life insurance agency. We had morning meetings where we discussed what was going on in the office. My manager was flexible and kind. My coworkers were hit and miss.
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5.0
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The eFinancial world is your oyster
Sr. Account Executive (Current Employee) –  Chicago, ILMarch 26, 2019
You are given tons of opportunity here to make it. They pay for your licenses and training and all of the leads are provided. You have scripted guidance on your calls and a sales manager that partners with you to succeed. It is not easy, if you are "average" you'll only make 65-75K per year and be given lots of attention to boost your numbers. About a quarter of the Sr. AE's are making over 6 figures and most of them don't ever work a minute of overtime. Once you figure out the business it can be a rewarding place to launch or continue your career. This is easier for some than others, you need to have basic sales skills, be organized, and learn what they teach you about all the different products. If you cut corners, it will come back to bite you and you'll make a 5K monthly commission instead of 8K.
Pros
Atmosphere - games, food, good people
Cons
Commute - I take the blue line now.
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5.0
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Great company just to far away.
Sales Representative (Current Employee) –  Chicago, ILJanuary 29, 2019
Excellent company to work for just to far of a commute for me at this time because I live near Downtown Chicago. I want to work closer to my father and my residence.
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2.0
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nothing special
Financial Representative (Former Employee) –  Bellevue, WADecember 10, 2018
its just a company that sells life insurance. A typical day is to call as many people and try to sell them life insurance even if they do not want it.
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4.0
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Great Enviroment
Senior Broker (Former Employee) –  Rosemont, ILNovember 25, 2018
Excellent work culture with great earning potential. I was able to advance very quickly from BDR to Senior Agent. Excellent bosses. Just be very careful when dealing with the licensing department.
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5.0
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Productive and fun place to start a career
EINDEPENDENT CASE MANAGER (Current Employee) –  Bellevue, WASeptember 2, 2018
Easy to learn and grow if you apply yourself and don't get distracted. Great place to learn about the insurance industry and start working in an office environment.
Pros
Great co-workers
Cons
None that I can think of
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2.0
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Poorly Managed
Sr. Network & Systems Administrator (Former Employee) –  Bellevue, WAJuly 26, 2018
My time working here was great for the first 3 years. Then we merged and management in Chicago took over. Work became disorganized and shoddy due to poor management and lack of money spent on improvements.
Pros
It used to be a great place to work.
Cons
It now isn't.
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1.0
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Phone skills
BDR2 (Former Employee) –  Seattle, WAJune 28, 2018
Bad Management, and a lot's empty promises. You might do well when new hires are young, irresponsible, and easy to micro-manage . They are bad at training and developing new hires.
Pros
Phone skills
Cons
Bad Management, a lot's empty promises
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2.0
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fun environment, male dominateded
Business Development Representative (Former Employee) –  Rosemont, ILJune 16, 2018
Fun place to work, male dominate. very bias if you ask me. The hours are good, but they are subject to change whenever there is a new hire, the entire BDR schedule will change. Management in the BDR is HORRIBLE.
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3.0
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Great Coworkers
Insurance Agent (Current Employee) –  Bellevue, WAMay 17, 2018
Demanding job where if you are not performing well it can make life difficult. Little control on who comes your way in regards to hitting the company's desired product for promotion.
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4.0
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lots of experience
SENIOR ACCOUNT EXECUTIVE (Former Employee) –  Chicago, ILMay 16, 2018
Great experience you get 20 calls a day. Very weird sometimes they make believe that calls aren't distributed by plan. Try to be friends with management get you a long way there. The place is a money pit they get a bunch of good leads.
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5.0
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Great place to work
Life Insurance Agent (Former Employee) –  Bellevue, WAMay 12, 2018
eFinancial is a phenomenal place to work. Loved it, wish I hadn't left. Pay was the easiest money I've made, for the amount of effort necessary to provide. Leads are provided to you, via live transfers- rather than having to pay for them. Commission (percentage) is considerably lower than the average for insurance agents, however there are a lot of extra benefits that you're given for that trade-off.
Pros
Culture, pay, leadership
Cons
Favoritism, the higher-ups do take certain individual sales agents on golf trips and the like.
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3.0
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Great Money
Account Executive (Former Employee) –  Chicago, ILMay 10, 2018
On a good month you average about 3 to $4,000 however the downfall is leads given to there preferred or favoritism very repetitive you repeat yourself
Pros
Great money
Cons
Best leads are given to senior agents
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3.0
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If you need a job, they’ll hire you
Account Executive (Current Employee) –  Chicago, ILFebruary 15, 2018
Overall, it’s not a bad place to work. The work environment itself is that of a semi-modern office (think Google or Facebook, but not as much money). Laid back environment and dress code (jeans and T-shirt are fine) Managment tries to do lunches or breakfast once and a while. Saturday’s are VERY laid back and are only 2-4 hours. Management is usually always willing to help if you’re struggling, but YOU have to go to them. They won’t come to you unless you did something wrong. It’s a lot of information to take in once you actually start doing sales so pay attention.

For those of you applying for “account executive”, that will not be your official title. Your official title is BDR which means you’re in the office for 8-9 hours a day taking in anywhere between 150-400 calls transferring warm leads to an agent to close the deal. This is where they (and you) learn if you can overcome objections. If you keep your metrics up, they will pay for your classes and your licenses to sell life (and technically health) insurance. Then if you pass all that, and your numbers are still good, they move you to the first level of being able to sell. These are all senior citizens or people with some kind of attribute that they wouldn’t qualify for a high amount of coverage AND you’re still doing transfers. If you do well there you’ll get moved up to the next level which is selling only. No transfers. If you do well there THEN you get moved up to be a senior agent. You get access to way more policies to sell, but it’s still a lot more information to learn.

However, if you don’t move up, they’ll
  more... just keep you where you’re at because they need people transferring. Even if your metrics aren’t up, you won’t get fired. You have to be doing REALLY bad for a while to get fired. Or do something that breaks a law.  less
Pros
Guaranteed $14.42/hour 40-50 hour weeks, benefits are pretty good, parking garage w/ car wash
Cons
Metrics are a big deal, even warm leads can suck, customers like to yell for the DUMBEST reasons
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3.0
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First job in life ladder
Life Insurance Agent (Current Employee) –  Bellevue, WADecember 19, 2017
I didn't choose this as my first choice in a career choice or change, but the experience helped me to expand on a new career path outside of real estate and mortgage sales. Good option for those coming straight out of college to build experience from.
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3.0
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Not as Advertised
Sales Representative (Former Employee) –  Chicago, ILDecember 5, 2017
Not as advertised. licensed and then you have to compete with your co-workers in order to move to able to sell and make commission. Do not be fooled, you will be making less than 30,000 a year until you are green lit to start selling and that could be over a year.
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3.0
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Great Appointments
Account Executive (Former Employee) –  Chicago, ILNovember 6, 2017
EFinancial provided the agents with leads in a call center environment. Through EFinancial I was able to be appointed with multiple companies in different states.
Pros
Direct Deposit
Cons
Short Breaks and no advancement opportunities
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2.0
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Favorites in management
CERTIFIED LIFE INSURANCE AGENT/BROKER (Former Employee) –  Chicago, ILSeptember 21, 2017
If you weren't friends with management, it was tough to move up in the company. Always asking to work 45-50 hours a week. Very hard to advance in the company
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1.0
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You are not being hired for the listed job
Sales Associate (Current Employee) –  Bellevue, WAAugust 16, 2017
The job is for answering phones at their call center, if you do well in that position you can be promoted to the position they are advertising. They pay $14 a hour.
Pros
please see cons
Cons
They are lying to you from the start
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3.0
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OK place to work
SENIOR SALES CONSULTANT (Former Employee) –  Bellevue, WAJuly 11, 2017
The atmosphere is pretty good. Management could use some improvement in continuous training and managing people to their strengths. At a brokerage, they expect you to push one specific company and one policy in particular to the point that if you don't sell enough your compensation and job will be affected. Compensation has been changed every year, a little at the time, in favor of the company but overall compensation in not too bad.
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Overall rating

3.4
Based on 35 reviews
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3.3Work/Life Balance
3.4Compensation/Benefits
2.8Job Security/Advancement
3.2Management
3.4Culture

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