Biggest mistake of my career - Financial Advisor Philam Life Employee Review

3.0
Jun 24, 2020
Recommend
CEO approval
Business outlook

Pros

The environment is good, everyone's friendly and seemingly helpful. You handle your own time.

Cons

If you're a fresh grad from an entirely unrelated course, with no good/rich connections, or your forte isn't exactly sales/marketing, then I strongly advise you to not go into this path. It would be a good career only if you're a specific type of person. Otherwise, don't think that you have room to improve or anything like that, because the pressure will really just stress you out. If you're not well-off and need to be a breadwinner of your family after graduating, then I earnestly advice you to just start with the field you graduated on and steer clear from this. It'll waste your time and your resources. You won't have a basic salary, and it's really gritty work. It's also quota-based with a sales target per month. No benefits AT ALL. They tell you that you're NOT an employee (which sounds good at first) but then overtime it begins to feel like you're a working slave for a huge corporation. For the work I put into when I was a financial advisor, I never felt that what I got as profit was enough to compensate the resources and time I put out. If I had the chance to re-do entering this industry, I would. I regret it.

Explore other reviews about Philam Life

5.0
Nov 14, 2023
Recommend
CEO approval
Business outlook

Pros

Great Benefits and work environment!

Cons

Nothing except if you’re not the extrovert type of sales person, you’d fall below the quota sales.

4.0
Aug 23, 2024
Anonymous contractor
Recommend
CEO approval
Business outlook

Pros

Stable. Good leadership. Work and life balance.

Cons

Not applicable. Not applicable. Not applicable.

See reviews by: Helpful|Rating|Date|All