-Lots of hiring of Field Sales Agents w/o relevant work experience, high turnover, no Customer Service support, makes it hard to grow your book of business.
-Company owns book.
-Not an actual Salary as advertised rather, it's a Draw against Commission that starts at $39K=$750/wk. for first six months only. Then draw decreases for next 6mos to $35,100+$675/wk. After 1yr it's $31,200=$600/wk.
-You have to sell enough premium for the commission to cover the Draw AND a minimum of 15 units before any commission is paid.
-Commissions are based on meeting Tiers but even at top tier (pretty difficult to attain), lower than industry standards.
-You also have to meet minimum membership and life insurance sales or drop down a tier which could result in no commission at all, regardless of the amount of premium.
-It's the only position that doesn't pay commission on first dollar of sale in company. Changes to compensation happen frequently.
-Renewal commissions only paid for 4yrs.
-Renewal commissions are only 1% for Brokered Carriers and 2% for Branded
-Not much opportunity for upward mobility
