You are on your own - Exclusive Financial Specialist Allstate Employee Review

1.0
6 Jan 2012
Recommend
CEO approval
Business outlook

Pros

Great mutual funds and fantastic ability to control your schedule. If you are a trust fund baby and want free time, this is the place for you.

Cons

The downsides start at the top with the selfish un-ethical greed of Tom Wilson. Like a waterfall, this philosophy cascades down through management unless you subscribe to the multi-level marketing philosophies of many sub-producers you get an override on. As rates increase and the well seasoned agents book and income vaporize, potential financial clients vanish. Middle management, with strong commission breath, ask you to spend more of your small income on marketing. You can not advertise from an empty pot so you pray that car and home clients come into the agent asking to rollover their IRA while the agent is attempting with all their strength to beg them for a life insurance review. Allstate has no salary, no benefits and Tom Wilson pulls down 4 million a year while the stock has tumbled 15% and layoffs are everywhere. Ask a seasoned veteran agent what they think of the management and its concern for the foot soldiers....Buyer beware

Explore other reviews about Allstate

5.0
3 Jun 2026
Recommend
CEO approval
Business outlook

Pros

A Great place to work!

Cons

I don't have anything to add

3.0
28 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great base pay, benefits, 401K match, and standard corporate perks. Plenty of networking opportunities all across the country, the ability to support local communities, and a commission structure with good intentions and potential

Cons

As a company, Allstate lacks awareness of their role within the industry and within the country, fully acknowledging that their rates are NEVER the best (not sometimes, NEVER). At a time when everyone is conscious of their spending, selling a more expensive (and oftentimes identical) product not only feels wrong - it's unsustainable. There is a severe lack of program direction, poor understanding of the different states' geography and demographics, and complete void of accountability or clarity. An entire product launch was delayed by a month on the day it was supposed to launch, with an explanation never fully arriving and acknowledgment finally trickling down several days later. Of course, this leads to an overuse of corporate speak excuses in an endless cycle of "circle backs" because nobody ever knows what is actually happening or WHY. On top of all that, the technology is laughably outdated, with monitors that feature known defects and an "in-house approach" to all of their software that doesn't even feature a modern CRM. Like the hardware, known system-wide bugs were rampant within these Allstate branded systems, leading to embarrassing conversations with prospects and partners. MS Teams and Outlook will go off late into the night, well beyond normal business hours, all under the excuse of differing time zones and "sharing successes."

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