Lincoln Financial Group

  www.lfg.com
  www.lfg.com

Lincoln Financial Group Reviews

Updated 5 December, 2014
Updated 5 December, 2014
214 Reviews
3.4
214 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
111 Ratings

Review Highlights

Pros
  • Work life balance is excellent in some departments and completely non-existent in others (in 25 reviews)

  • not much I can think of but a great benefits package (in 22 reviews)


Cons
  • The organization preaches work life balance but that's not true (in 8 reviews)

  • not enough room for advancement (in 3 reviews)

More Highlights

68 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    This is the oddest place to work, way too top heavy and no one makes a decision.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager
    Current Employee - Project Manager

    I have been working at Lincoln Financial Group

    Pros

    The compensation is good, the people are great b

    Cons

    Nothing is urgent. Too many avp'so who will not make decisions unless it's by committee. Entirely a meeting based culture.

    Advice to ManagementAdvice

    Staff appropriately, empower employers, thin the AvP level. Add more managers who know what's really going on.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Great company, not afraid to make necessary changes

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    Great environment for any one looking to be in an established company. Proper tools to execute job well. Always looking to improve processes and procedures.

    Cons

    A little behind on software and technology. Though they do take steps to do better, sometimes just seemed behind the curve of technology and working with streamline processing.

    Advice to ManagementAdvice

    Construct a better training and follow up system.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great Company to Work for if You Love It

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group as an intern (less than an year)

    Pros

    As an intern they seem very inclined to include you in the various departments and definitely did not make me do grunt work. They also stress the work-balance.

    Cons

    I sometimes wondered whether my work would have a real impact. Lots of hoops and hurdles to jump through to get anything done.

    Recommends
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  5. 1 person found this helpful  

    The great benefits may not be enough for this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Philadelphia, PA (US)
    Current Employee - Anonymous Employee in Philadelphia, PA (US)

    I have been working at Lincoln Financial Group full-time (more than 5 years)

    Pros

    Benefits are great! The management tries to engage employees. There are some great managers. Work life balance is excellent in some departments and completely non-existent in others.

    Cons

    Little room for advancement, employees applying to internal jobs are treated poorly.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    One of the most difficult sales positions you will encounter. People don't give life insurance salesman enough credit.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Life Insurance Sales in Lancaster, PA (US)
    Current Employee - Life Insurance Sales in Lancaster, PA (US)

    I have been working at Lincoln Financial Group full-time (more than 3 years)

    Pros

    Your income is endless and is based upon how much premium you collect for life insurance policies that stays in force for at least 1 year. If the client pays for less than a year, you will face a recapture of the commission. Lincoln has very competitive underwriting and are is very competitive in many areas of the business, especially the high dollar clients.

    Cons

    Your year isn't necessarily determined by how successful you are at sales because many sales go southbound based on underwriting. Underwriting can make or break your year. I had dozens and dozens of life insurance declines or rated policies over the years that clients wouldn't accept. Just like any sales job, you can end up doing a lot of work for nothing. It's difficult to get people to sit down and discuss life insurance. Many people are foolish enough to think what they have at work is enough and then come crawling back hoping to get some life insurance coverage once they have a heart attack, get cancer, become diabetic, or one of the many other health conditions that would make them uninsurable or highly rated, but then of course, it's too late. You are in competition with many other life insurance salesman that can sell the same thing, so it is definitely a relationship business.

    Advice to ManagementAdvice

    It's not really about management. You are pretty much on your own to find clients and network for business.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Nice 401k Package

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claims Examiner in Omaha, NE (US)
    Current Employee - Claims Examiner in Omaha, NE (US)

    I have been working at Lincoln Financial Group full-time (more than 3 years)

    Pros

    401 K core/match are a great benefit. Work/Life balance is really good, very flexible with work schedules.

    Cons

    Sometimes seems that management does not listen to those underneath them.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great benefits; upper management makes decisions on numbers only, not necessarily reasonable user needs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group full-time (more than 10 years)

    Pros

    Good insurance benefits; Good Location; Good retirement benefits; Okay vacation

    Cons

    Supervisors in business units need much more employees relations training to properly motivate and mentor and grow staff

    Advice to ManagementAdvice

    Don't look at numbers ... anything can be "proven" if the numbers are jumbled correctly.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Bad place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Representative in Boston, MA (US)
    Current Employee - Account Representative in Boston, MA (US)

    I have been working at Lincoln Financial Group full-time (more than an year)

    Pros

    Food was good fort the taking. Eat the large meals on Fridays and not Wendesday,

    Cons

    Low pay hard work. You will be bored and work nose to the grid stone.

    Advice to ManagementAdvice

    Eat ore sleep less while going backpacking to next years party.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  10.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern
    Current Employee - Intern

    I have been working at Lincoln Financial Group as an intern

    Pros

    Gained a lot of experience. Met with many upper level employees.

    Cons

    Not very organized. Placement of interns was questionable

    Advice to ManagementAdvice

    Make sure meaningful work is available. If not pay a weekly "salary." Many days I had nothing to do after 2 pm and had to sit there until 5 to make the money I needed. Either provide more work/career building opportunities to fill time or pay the weekly salary. Doing so will encourage interns to work efficiently and avoid wasted time.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Great for sales careers, support staff, not so much.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group full-time

    Pros

    They have a fantastic benefits package and lots of upward mobility for sales staff.

    Cons

    Support staff kind of gets shortchanged when it comes to treatment in the hierarchy. Everything revolves around the sale of VAs.

    Advice to ManagementAdvice

    Treat everyone equally and show the support staff that they matter to getting the bottom line accomplished.

    Recommends
    Approves of CEO

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