There are newer employer reviews for Jackson National Life

1 person found this helpful  

Great experiance and friendly staff

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Intern in Denver, CO (US)
Former Employee - Intern in Denver, CO (US)

I worked at Jackson National Life as an intern (less than an year)

Pros

Easy to move up within the company

Cons

The CEO is not engaging

Advice to ManagementAdvice

N/A

Recommends
Positive Outlook
No opinion of CEO

112 Other Employee Reviews for Jackson National Life (View Most Recent)

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  1.  

    Really really bad

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Jackson National Life

    Pros

    They give good training at lunch hour.

    Cons

    They exploit you. There is nothing like work life balance. Managers don't do their job of appraising the people. One fine day they fire you for completing a project successfully.

    Advice to ManagementAdvice

    I hope one day you learn importance of ethics

  2.  

    Poor corporate culture--Not a true sales culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internal Wholesaler in Denver, CO (US)
    Former Employee - Internal Wholesaler in Denver, CO (US)

    I worked at Jackson National Life full-time (more than 3 years)

    Pros

    Benefits were pretty good for the most part

    Cons

    The sales desk culture has become more and more bureaucratic over the years. This of course is normal for growing companies. However, Jackson is turning into an insurance company that....does not sell insurance... rather it's morphing into and competing for a market it really has no capability to compete in. The demands placed on the sales force and expectations from management might border on insanity. Currently turnover rate on the sales desk is high. If you are willing to join a revolving door -- churn em and burn em atmosphere-- then welcome to Jackson! If you are looking for a stable firm where you can be compensated according to your true sales talents, you will want to pass on interviewing for the Internal Wholesaler position. If you do interview for the position, make sure they explain the different compensation levels for IW's. Comp level 1, 2 and 3. The salaries posted here on Glassdoor are not representative of where you will start so make sure you have the recruiter or desk director answer the difficult question of compensation. Also, at Jackson, not all territories are created equal. Typically high turnover exists in the poor performing territories which is probably what you are interviewing for.

    All in all, do your homework on the Variable annuity market and their new product Elite Access. Ask management the difficult questions in the interview process. This is a company that looks out for it's own interests first, and your interest second. Good luck!

    Advice to ManagementAdvice

    Explain to IW's how you can justify the IW and BDC role per territory. Admit that you over hired from 2009-2011.

    Quit hiring interns at dirt cheap pay and reward for experience and pay more

    For 2 years in a row now you have slowly reduced pay year after year to run off your IW's that you paid trails to. You made it more and more difficult to get into boot camp yet tilted the comp plan to boot camp dependent.... why not just fire all the veterans and replace us with CU and CSU grads at 50K per year?

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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