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Answer Financial

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Honest Review - Sales Agent Answer Financial Employee Review

3.0
12 Mar 2019
Recommend
CEO approval
Business outlook

Pros

If you work extremely hard, there is potential to make great money. The ability to work from home and paid time off are wonderful as well as a lot of opportunities to be recognized for sales performance. Great “first real job”. The most recent adjustment to the comp plan (2019) makes it possible for the agents who never made a bonus to bonus every month now. It also allows the higher producers to make even more money from their sales.

Cons

The adjustments to the comp plan have come at a cost. You are now micromanaged more than ever with everyone analyzing every minute of your time. When I started three years ago you could finish a quote or take a few minutes between calls to recollect yourself and get ready for a new call. Now if you’re not on the phone at any time you’ll be written up. The biggest con of working here is that you’re always afraid of losing your job. They do mass firing without warning of low and high producing agents. They threaten to fire agents almost constantly for production but at the end of the day they offer few resources for struggling agents. The managers have been off the phone so long they have absolutely no concept of what it takes to sell insurance in the market we are in. There is a manager that recently went back to being a sales agent because there is a higher pay potential by selling and that manager is one of the lowest producing agents. I think that just shows how out of touch they can be

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Answer Financial Response
7y
Thank you for being a valued associate at Answer Financial and recommending it as a place to work! Answer Financial seeks to provide opportunities for well performing sales agents to be successful and is continually exploring new ways to help agents to be successful. The comments made about the revisions to the compensation plan are evidence of changes made to that end. It is unfortunate that some of those ways may come across as ‘micromanaging’ or creating fear of losing one’s job. The intent is quite the opposite – to help agents take steps to be successful and help them clearly understand where their performance stands. From the comments, it is evident we still have more work to do. Every associate at Answer is encouraged to offer suggestions for improvement and we welcome those suggestions. Please feel free to reach out to any of the executives on the leadership team with suggestions – can’t promise they will be implemented, but can promise they will be considered.

Explore other reviews about Answer Financial

5.0
23 Jul 2025
Recommend
CEO approval
Business outlook

Pros

Opportunities are available throughout the company

Cons

Nepotism runs ramped in some departments

1.0
11 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Really the only pro's this place has to offer anyone is that they pay for your licensing.

Cons

So many cons its hard to find a place to start. I've been with this company for more than a decade. And I will say that back then it was such a fantastic place to be. But thats the past. Let's start with the newest version of the compensation plan. Or lack there of I could say. They took away the retention bonus that you received monthly. Which is a huge blow for people that write clean business. The point system that they go by is an absolute joke. With actually a few more policies written at this point in the month than the previous month on the old plan, I am at les than half the bonus amount that I was before. On top of that if you do have any policies cancel now they actually take points (money) away from you. So comp plan is a disaster. Now lets talk about what they call your SOMS goals. So first of all, you should look at the very different definitions for the words goal and quota. Because what they have here is definitely not goals by definition but quotas. Because if you dont hit your "goals" (which are quite lofty by the way) you are going to get gone. Just call it what it is. A goal should be something to look forward to and celebrate. Not something that is mandated. Like I said, its a quota not a goal. Now lets talk about micromanaging. Since this company has been fully taken over by Allstate now, it has become just unbearable. I've truly never seen anything like it. Even your breaks are scheduled now. So whatever you do, don't have to use the bathroom outside of your break times. You get two fifteen minute breaks per day. You have to take all fifteen minutes at a time. So like I said don't have any stomach issues. And don't drink too much water and have to use the bathroom outside of those scheduled times. And no, I'm actually not kidding about that. Every single part of your day has to be scheduled. There are no excuses or exceptions. They also are very heavy on call scripting. Which takes away any sort of humanity to the whole process. The call volume is also not very good. The wait times between calls are far longer than they were even 5 years ago. But remember during those wait times you had better not need to use the bathroom or anything at all because you have a schedule for that. And you definitely can't afford to miss a call. You'll get yourself in trouble for that as well. To be honest, there are far more cons to go and my fingers will be done for before I get through the rest of them. There is a reason that very good agents that have been here for a long time are looking to get out. I am as well. I don't have much longer here. The job market in the insurance business is far too wide open for anyone to stay here. So do yourself a favor and stay far far away from this place.

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