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Sentry Insurance
Posted: Thu Sep 07, 2006 10:30 am
by carterrud
Are they a good company to work for
Posted: Thu Sep 07, 2006 10:48 am
by yoyowordup
My brother worked for them a few years back and got burned out. They were a fairly good place to work if you were new to the business. They started you with a salary and reduced it by 1/48 per month over a 4 year period. This gave you time to learn the business and not starve.
Once he was there for a while, they just kept pushing and pushing and pushing. If he sold 8 policies in a month they said why didn't you sell 12. If he sold 12 they said why didn't you sell 16 etc . . .
I think their philosphy is to drive hard and you really need to be more of a salesman than an insurance professional in order to survive.
Good luck!!
Posted: Fri Sep 08, 2006 5:44 am
by CObroker
What type of position are you considering at Sentry and where will you be located?
I worked for them for 7 years as a Account Exec (Sentry uses a different title) and 3 years as an Account Exec for a large national broker.
Posted: Fri Sep 08, 2006 6:13 am
by carterrud
The position will be in Ohio as a Sales Rep
Posted: Mon Sep 11, 2006 10:39 am
by CObroker
Sentry has 4 different types of producers not including national accounts.
1) Bop's- Small package policies
2) Commercial- Larger accounts generally $10,000 - $300,000+ premium
3) Personal Lines
4) Dealer Operations- Car dealerships & Farm equipment dealers
Each is setup different (compensation, production requirements, types of accounts written.) Please be more specific.
Posted: Mon Sep 18, 2006 5:40 am
by carterrud
BOP'S
Posted: Mon Sep 18, 2006 12:10 pm
by CObroker
PM sent
For anyone else...
Sentry is an excellent company that offers great benefits and all sales positions come with a company car and paid expenses.
They are old school on training. In fact I spent 7 weeks at their home office over the years in continuing ed (Sales & Product knowledge)
Each position requires a minimum # of quotes and sales per quarter. They market to a very select few industries but have excellent pricing and coverage in what they will write. They are A+ rated mutual company.
I left because of the limited types of accounts you can write and no chance for owning your book as you are a direct writer (employee)
But I would definetly hire a successfull former Sentry agent.
Hope that helps.