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Reliance Standard Life Insurance

Engaged employer

Reliance Standard Life Insurance Reviews

3.4

47% would recommend to a friend

(155 total reviews)

Chris Fazzini

66% approve of CEO

60% positive business outlook

Reliance Standard Life Insurance has an employee rating of 3.4 out of 5 stars, based on 155 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Reliance Standard Life Insurance 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

155 reviews
2.0
19 Mar 2014

Lack of communication & poor service

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

office site good and in center place.

Cons

communication is very poor. i have taken a policy last year. the premium was due on 1 for 8th march.i was told that grace period is for one month. when i approached my bank, i was informed that my ecs has been returned and rs. 312/- has been charged as ecs returnened charges.Is it was not the obligation of Reliance life insurance to alert its customer.

4.0
17 Feb 2020

Good experience

Recommend
CEO approval
Business outlook

Pros

Cordial senior and colleagues. Good life

Cons

Steep targets and bit of pressure

2.0
25 Jul 2012
Recommend
CEO approval
Business outlook

Pros

Oportunity to make great money if you hit your sales goals - Usually around $2M in premium, first year, in the midwest.

Cons

I was told on a regular basis... "Do whatever it takes to sell new business, but don't cross the line." The "mysterious line," however, eluded definition from anyone in management. After two successful years I noticed a pattern and it seemed to happen when I was at 90-95% of my sales goal, and always on the last few important cases of the year. The underwriter, to whom our office reported, would "turn the faucet off... and I mean completely off!" I would present case after case. Good cases! Profitable - field-underwritten cases, only to be told "no." No explanation - Just, "no." After speaking with a colleague about this I finally discovered the problem. Apparently "the infamous line" I wasn't supposed to cross, included providing monetary incentives to my underwriter. I was shocked and sickened. I didn't think this type of practice could exist in such a heavily regulated industry. After bringing this to my Regional Manager's attention everything changed overnight. Believe it or not, he was more concerned about "who told me" than he was about the fact that it was actually going on right under his nose. Hmmmm I still wonder why? In less than two weeks I was asked to resign. They also refused to pay me $5,300 in earned commission for the same month. I was glad to part company, but disenchanted and disappointed to say the least. My morals and values and this corporate culture were not compatible!

Viewing 1 - 3 of 155 Reviews

Glassdoor has 173 Reliance Standard Life Insurance reviews submitted anonymously by Reliance Standard Life Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Reliance Standard Life Insurance is right for you.