Colonial Penn Life Insurance Culture | Comparably
Colonial Penn Life Insurance offers affordable life insurance coverage online, including guaranteed acceptance life, term life read more
EMPLOYEE
PARTICIPANTS
10
TOTAL
RATINGS
97

Colonial Penn Life Insurance Company Culture

Colonial Penn Life Insurance Culture

This score is derived from employee ratings & reviews
2.8/5
Colonial Penn Life Insurance's Overall Culture is rated D+

Top Rated Culture Dimensions

Colonial Penn Life Insurance CEO

Bottom 20%Bottom 20% of Similar Size Companies on Comparably
 Colonial Penn Life Insurance's CEO
58 /100

Diversity at Colonial Penn Life Insurance

Women at Colonial Penn Life Insurance

Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-

Women at Colonial Penn Life Insurance have rated Retention, Work Culture, and Leadership as the highest categories they have scored

Colonial Penn Life Insurance eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 25%Bottom 25% of Similar Size Companies on Comparably

Recommend to a Friend?

-43

Colonial Penn Life Insurance employees are -43% more likely to recommend Colonial Penn Life Insurance as a great place to work

14%Promoters
29%Passives
57%Detractors

Working at Colonial Penn Life Insurance

Working at Colonial Penn Life Insurance is rated below average by 10 employees, across various culture dimensions. Colonial Penn Life Insurance employees rate Manager highest among all categories, and think that Compensation and Team have the most room for improvement, putting Colonial Penn Life Insurance’s culture in the Bottom 25% compared to similar sized companies on Comparably and in the Bottom 25% compared to other companies in Philadelphia, PA. See below in detail how working at Colonial Penn Life Insurance was rated by employees.

Overall Company Culture at Colonial Penn Life Insurance

D+

Overall Company Culture at Colonial Penn Life Insurance is rated D+

Last updated months ago

Bottom
25%

Colonial Penn Life Insurance ranks in the Bottom 25% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score

Colonial Penn Life Insurance Employee Reviews

Colonial Penn Life Insurance Company Information

Colonial Penn Life Insurance Company Overview

Colonial Penn Life Insurance offers affordable life insurance coverage online, including guaranteed acceptance life, term life

Colonial Penn Life Insurance Mission, Vision & Values

Colonial Penn Life Insurance Mission Statement

This important coverage provides a level of protection you won't find with many traditional life insurance policies

Colonial Penn Life Insurance Vision Statement

Protect your family and yourself with a living insurance plan

Colonial Penn Life Insurance Values

  • Build competency
  • Teamwork
  • Innovation
Headquarter399 Market Street
Philadelphia, PA 19106
United States of America
Websitewww.colonialpenn.com
Tel+1 (215) 928-8000

Colonial Penn Life Insurance Competitors

Colonial Penn Life Insurance competitors include Colonial Life, Mutual of Omaha, Bankers Life, and Physicians Mutual Insurance. Colonial Penn Life Insurance ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Colonial Penn Life Insurance compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Colonial Life's Logo
    Colonial Life
    4.7/5
  2. #2
    Mutual of Omaha's Logo
    Mutual of Omaha
    4.2/5
  3. #3
    Bankers Life's Logo
    Bankers Life
    2.9/5
  4. #4
    Colonial Penn Life Insurance's Logo
    Colonial Penn Life Insurance
    2.8/5
  5. #5
    Physicians Mutual Insurance's Logo
    Physicians Mutual Insurance
    2.4/5

Colonial Penn Life Insurance Employees

10 employees at Colonial Penn Life Insurance have reviewed Colonial Penn Life Insurance across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 10 Colonial Penn Life Insurance employees give their leadership a grade of B, or Top 35% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Colonial Penn Life Insurance are mostly dissatisfied with their total compensation at Colonial Penn Life Insurance, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Colonial Penn Life Insurance are mostly dissatisfied with their team. 10 Participants grade the quality of their coworkers a D-. Less than half believe the meetings at Colonial Penn Life Insurance are effective, and less half look forward to interacting with their coworkers.

The majority of employees at Colonial Penn Life Insurance believe the environment at Colonial Penn Life Insurance is positive. Most Participants believe the pace of work at Colonial Penn Life Insurance is moderate. About 33% of the employees at Colonial Penn Life Insurance work 8 hours or less.

Overall, the employees at Colonial Penn Life Insurance are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Colonial Penn Life Insurance - Employee Onboarding

The prevailing opinion from Comparably users in Philadelphia, PA about their company is that it was very prepared on their first day. Philadelphia, PA employees concluded that their overall onboarding experience was positive. 73% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Colonial Penn Life Insurance KPIs and OKRs

At this moment no Colonial Penn Life Insurance employees have provided insight into whether or not they clearly understand Colonial Penn Life Insurance's KPIs and OKRs.

AnswerPercent
Yes0%
No100%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Colonial Penn Life Insurance CEO & Leadership

Colonial Penn Life Insurance CEO

 Colonial Penn Life Insurance's CEO
58 /100

When compared to Colonial Penn Life Insurance’s competitors, ranks below both Bankers Life CEO Scott L. Goldberg and Mutual of Omaha CEO James Blackledge.

Colonial Penn Life Insurance Leadership

The Colonial Penn Life Insurance Executive Team is rated an “A-”

  • Theresa Waters VP Operations

    Theresa Waters serves as the VP Operations of Colonial Penn Life Insurance.

  • Carole Hamilton VP

    Carole Hamilton serves as the VP of Colonial Penn Life Insurance.

  • Alexis Berg VP, Division General Counsel

    Alexis Berg serves as the VP, Division General Counsel of Colonial Penn Life Insurance. Alexis currently resides in the... read more

  • Stephen Janoson Vice President, Finance and Administration

    Stephen Janoson serves as the Vice President, Finance and Administration of Colonial Penn Life Insurance. Stephen... read more

Colonial Penn Life Insurance Salaries

How much does Colonial Penn Life Insurance pay?

How much do people at Colonial Penn Life Insurance get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Colonial Penn Life Insurance is $93,201, or $44 per hour, while the estimated median salary is $99,689, or $47 per hour.

At Colonial Penn Life Insurance, the highest paid job is a Sales Manager at $124,101 annually and the lowest is a CS Rep at $43,463 annually. Average Colonial Penn Life Insurance salaries by department include: Admin at $53,400, HR at $101,319, Engineering at $107,230, and Communications at $64,654. Half of Colonial Penn Life Insurance salaries are above $99,689.

5 employees at Colonial Penn Life Insurance rank their Compensation in the Bottom 10% of similar sized companies in the US (based on 11 ratings) while 3 employees at Colonial Penn Life Insurance rank their Perks And Benefits in the Top 50% of similar sized companies in the US (based on 3 ratings).

Last updated months ago.

1st Percentile
$61k
$61k1st Percentile
17th Percentile
$77k
$77k17th Percentile
33rd Percentile
$98k
$98k33rd Percentile
50th Percentile
$153k
$153k50th Percentile
67th Percentile
$208k
$208k67th Percentile
83rd Percentile
$265k
$265k83rd Percentile
100th Percentile
$270k
$270k100th Percentile
$93,201*
Average Compensation
$99,689*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Colonial Penn Life Insurance Salaries by Department

Explore Colonial Penn Life Insurance Salaries

Diversity & Inclusion at Colonial Penn Life Insurance

The Diversity score provides insights into how diverse employees feel and rate their work experience at Colonial Penn Life Insurance across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Colonial Penn Life Insurance Perks & Benefits

Health & Wellness

  • Health Insurance

Paid Time Off

  • PTO / Vacation Policy

Colonial Penn Life Insurance PTO

Colonial Penn Life Insurance's PTO and Vacation policy typically gives unlimited days off a year. Colonial Penn Life Insurance's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo100%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Colonial Penn Life Insurance Careers

Colonial Penn Life Insurance Jobs

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Let Colonial Penn Life Insurance Know You Want To Work There

Overview of Candidates Interested in Colonial Penn Life Insurance on Comparably

Candidates By Department

Sales
50%
Customer Support
50%

Candidates By Location

Poway
50%
Philadelphia
50%

Frequently Asked Questions regarding Colonial Penn Life Insurance

What is Colonial Penn Life Insurance address?

Colonial Penn Life Insurance location is at 399 Market Street

What is Colonial Penn Life Insurance eNPS?

The eNPS for Colonial Penn Life Insurance is -43

What is the salary for Marketing Associate in Colonial Penn Life Insurance?

Marketing Associate average salary in the US is 65k

What are the salaries in the IT in Colonial Penn Life Insurance?

The average salaries for IT in Colonial Penn Life Insurance is 105k

Who are Colonial Penn Life Insurance competitors?

Colonial Penn Life Insurance main competitors are Colonial Life, Mutual of Omaha, Bankers Life, Physicians Mutual Insurance

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