eFinancial Reviews

3.3

61% would recommend to a friend

(299 total reviews)

James E. Hohmann

65% approve of CEO

65% positive business outlook

eFinancial has an employee rating of 3.3 out of 5 stars, based on 299 company reviews on Glassdoor which indicates that most employees have a good working experience there. The eFinancial employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

299 reviews
3.0
4 Feb 2019
Recommend
CEO approval
Business outlook

Pros

I enjoy working with everyone here. The contests are fun. Location is great!

Cons

This is an okay sales job. Feels however that upper management sacrificied long term growth for short term gains recently and its showing. A lot of top agents have left recently because of the unrealistic sales multipliers. Most agents around me lose 25-50% of their commissions. You have to really grind to make the good money. The reason you may be seeing decent reviews is that the President of the company sent out a number of emails, strategically, asking agents if they would write a review of the company "no pressure". Ratings went from a 3.2 to 4.2 in the span of six months.

1.0
17 Mar 2021

Stay Away Unless Desperate.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Casual dress code, hour lunch

Cons

Everyday is the same as a BDR. taking almost 350 calls a day from people who never asked to be called. They say no cold calling, but it's an auto dialer system that calls people at random. A lot of times you are auto dialing the wrong number, or someone who already is a customer of spoke with an Account Executive already. It's horrible. The script is repetitive and doesn't work. It's torture saying the same thing all day long. I followed exactly what my manager said to do and saw no change in results. Everybody is competing against each other to get a promotion to BDR 2, then BDR3 and then finally you get to work as an Account Executive. The better your peers do the harder it is for you to get promoted because the benchmarks are based on the team's average. Everyone is hoping that they are doing better than the next rep. And you have to beat everybody for 2 weeks straight to get promoted. The salary is only $30 K to start with no commission. $14.47/hour. When you make it to Account Executive, your salary is still $30 K and the rest of your pay is commission (if you get any). This job is not worth the work they have you doing. As far as sales jobs go, this is bottom of the barrel. I seriously regret staining my resume with this job, but I was desperate for a job and the are desperate to hire.

avatar
eFinancial Response
5y
Thank you for your feedback. We value information from employees about areas of opportunity to improve in order to enhance the employee experience. One of our core values is to ‘Put People First’, and that includes the very people that contribute to our growth as an organization. Our business begins and ends with people. We appreciate you sharing your experience and will take note to improve in any way possible to stay true to our core value of putting people first.
1.0
18 Feb 2018

Acct Exec

Recommend
CEO approval
Business outlook

Pros

The Building is nice, that was about it. No pro’s whats so ever. I guess free parking and you can take the cta.

Cons

Low base pay The training-they start you off making 200 plus calls a day cold calling. Most people just hang up, you need a certain percentage rate to keep your job(which varies daily) just to keep your job. If you have 3 bad days they fire you. Plus if you have a bunch of bad dials meaning its the wrong number or you reach vm it goes against you. Comp plan constantly changes

avatar
eFinancial Response
8y
Thank you for the review. We really enjoy being conveniently located walking distance from the Cumberland Blue Line Station. In fact, we offer employee Commuter Benefit perks that will match, dollar for dollar, on transit account contributions! There is NO cold calling in any of our sales roles. We provide 100% warm leads generated from customer requests and affiliate partners. Our technology platform even serves up the leads – no manual dialing needed. We are very in tune to the variables that affect our Sales performance daily – sometimes people do not pick up, or it is a wrong number. Our Sales professional’s performance is measured relative to their peer group to ensure we are accounting for any unusual variance when evaluating performance standards. We invest a lot of time, training and resources to help everyone be successful, and we work with you every step of the way on your development.
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Glassdoor has 304 eFinancial reviews submitted anonymously by eFinancial employees. Read employee reviews and ratings on Glassdoor to decide if eFinancial is right for you.