Working at Virtual Financial Group | Glassdoor.co.uk

Virtual Financial Group Overview

San Diego, CA (US)
1001 to 5000 employees
2013
Company - Private
Insurance Agencies & Brokerages
£500 million to £1 billion (GBP) per year
Competitors

World Financial Group, Primerica, Freedom Equity Group

Virtual Financial Shakes Up the Old Guard in $5.8 Trillion Dollar Industry
Virtual Financial is challenging the status quo in a 150 year old industry opening a new opportunity in business.

In the well-funded Life Insurance industry change comes ... Read more

Mission: Virtual Financial is an independent financial services marketing organization that offers a powerful proprietary virtual business & success system that empowers our associates to be able build a business that can help them achieve all of their ... Read more

Virtual Financial Group Reviews

  • Helpful (1)

    "SVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Forsyth, MO (US)
    Current Employee - Senior Vice President in Forsyth, MO (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Virtual Financial Group full-time (More than 5 years)

    Pros

    Work and home life balance

    Cons

    Requires dedication drive and hard work. Which in my opinion is not a CON

See All 53 Reviews

Virtual Financial Group Photos

Virtual Financial Group photo of: 14 Virtual Rooms to Meet Train & Connect Our VIP Lounge
Virtual Financial Group photo of: VF Virtual Library
Virtual Financial Group photo of: 24/7 3-D Perpetual Virtual Environment
Virtual Financial Group photo of: Work from home
Virtual Financial Group photo of: 24/7 3-D Perpetual Virtual Environment
Virtual Financial Group photo of: Work Anywhere
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Virtual Financial Group Interviews

Experience

Experience
50%
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Getting an Interview

Getting an Interview
40%
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20%

Difficulty

1.8
Average

Difficulty

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  1. Helpful (2)  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Declined Offer
    Negative Experience
    Easy Interview

    Application

    I applied through other source. The process took 1+ week. I interviewed at Virtual Financial Group.

    Interview

    I was interviewed by phone at 8pm on November 14th. The interviewer told me I had to be in front of my computer. He then had a manager come on the phone and vouch for his competence as a team leader that I thought was strange. I asked if there would be any upfront costs to join the company. He said only a $100 background check and $60 a month website fee. He then went into a presentation which spoke of all the potential $$$. I asked about the next steps as the job is about purchasing a life insurance policy and then recruiting other insurance agents to join and purchase a policy. He showed me a document that I took a screenshot of that listed the fees as $300/month for a life insurance policy. I objected that selling a $300/month life insurance policy would be a tough sell to agents over the phone. He HUNG UP ON ME. I reviewed the fine print of the fees listed and saw that company expects you to pay an additional $39.95/month for a 800 link lead calling system, 25 cents per lead for 30 day advertising, $20/month for a website, and $60/month for two phone lines. So you are paying the company a minimum of 579.95/month to work without any benefits as a 1099 employee.

    Interview Questions

    • Do you think 60,000 is a realistic goal to earn in one month? The interviewer did not ask me much about my background or experience. Only that I had a Life & Health license.   Answer Question

    Reasons for Declining

    It seemed like a pyramid scheme

See All 5 Interviews

Company Updates

  • http://glassdoor.com/slink.htm?key=vIQNC

    Vfgpro

    Click to add a description.

  • http://glassdoor.com/slink.htm?key=vIQNa

    Virtual Financial "The Lifestyle Company"

    Virtual Financial 8 Minute Intro Video

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Virtual Financial Group Awards & Accolades

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