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Ted Todd Insurance

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Ted Todd Insurance Reviews

4.1

80% would recommend to a friend

(76 total reviews)

Ted Todd

88% approve of CEO

75% positive business outlook

Ted Todd Insurance has an employee rating of 4.1 out of 5 stars, based on 76 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Ted Todd Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

76 reviews
1.0
9 Sept 2016

Run and don't look back

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Trendy office atmosphere. Really nice employees that strive to do their best.

Cons

Extremely deceptive and inappropriate behaviors from management and ceo. Pushed into buying their products or face financial consequences. Employees are let go frequently with no warning. Nepotism and favoritism abound.

1.0
13 Mar 2016

Controlled Business

Recommend
CEO approval
Business outlook

Pros

You get paid for the emotional harassment that they owner is known for. The Ceo lives in New York so you only have to worry about someone calling his daddy and complaining.

Cons

They like to peer pressure you into buying their insurance, life or car insurance. They love to fire lots of people. You need to "fit" in so you can't be fat, or old, etc. Security in there as one of the owner's play toys.

avatar
Ted Todd Insurance Response
10y
Thank you for taking time to review us on Glassdoor. One of the main initiatives behind setting up a presence here was so that we could find areas for improvement like what you've recently written. I'm sorry that we haven't improved to the point that you haven't been able to successfully communicate the issues you're passionate about internally. That's on us. As you are a current employee, I want to personally reach out and welcome an invitation to talk about these challenges and how we can work on them together. No employee should have to come to work fearing emotional harassment let alone any of the other concerns you've posted about. I look forward to the opportunity to work together to build a better culture at Ted Todd Insurance.
1.0
14 Jan 2021
Recommend
CEO approval
Business outlook

Pros

They do provide you with a lot of leads, however this role consists of cold calling. They love to market their leads as "warm" but all their leads are internet leads that have 20+ insurance agents calling. The base pay is decent for an agency setting.

Cons

There are plenty of cons! The main one would be the micro-management on the sales sides. I can't speak for service, but the sales team is over worked to the point of a burnout. They definitely show favoritism towards others. The rules and processes are not consistently applied to everyone. Job security is not existent. They have a high turn over rate (but they continuously deny this). They do offer benefits, but they are the worst I've ever had. High premium and high deductibles. There are no growth opportunities if you're on the sales team. Once you're a high producer they don't want you doing anything else. Job can become very repetitive and mind numbing.

avatar
Ted Todd Insurance Response
5y
Thank you for your review, I want to address some of the issues in this review, and express that we’re disappointed that you didn’t feel we provided an exemplary employee experience. We work hard to engage our employees, and use their feedback to improve, and while you are no longer an employee, we will take your feedback to heart. Our marketing efforts consist of several funnels, and one of the larger one is leads. These leads range from 1 minute old to 90 days old, however 85% of the leads that are being called are less than 5 days old. We buy roughly 20-30 leads per day per producer along with sending direct mail, generating leads through digital marketing funnels, and provide each producer with several other sources of business. While we do expect people to make 50-200 outbound calls per day (as we always explain in the interview process and clearly list on the job description), these calls are always warm in the sense that they are either shopping, or have shopped with us in the past. We have 50-70 data points on each prospect, and you’re not calling from a phone book. While this may not be for everyone, we strive to provide more marketing and more technological tools than almost every other agent we’ve encountered. In an agent’s first 90 days, we are very hands on to ensure that training is adequate for all our employees. While some people don’t like the level of attention our managers pay to new hires, we’ve found this increased level of training has improved turnover, employee engagement, and has drastically reduced how long it takes for someone to start selling enough to earn bonuses. We require all of our agents to work 40 hours per week, give PTO (9 days your first year, 15 days your second year), and do not require any agents to work beyond the 40 hour mark (though some choose to do so on their own to earn more bonuses). In terms of work-life balance, we believe we provide a great experience allowing agents to work remotely, from 8:30pm to 6pm with 1 hour for lunch. As for growth opportunities being non-existent, that is inherently false. All but one of our managers in the company has been a salesperson or a customer service person at some point and has worked their way up. We offer $5,250 per year for education, and actively engage in creating career development plans with our employees. We apologize that our benefits were not up to par with your requirements. We feel that our options for Health Insurance are affordable ($40 per month for a high deductible plan with HSA, and $180 per month for a low deductible, low copay PPO ), our quality of life stipend is unique, and that our benefits package as a whole is on par with a Fortune 500 company, and vastly outperforms the average small business. I’m sure I’m leaving some of the issues out, but I’m surprised and disappointed to hear that your experience was so poor. I will be reviewing the exit interviews with HR to learn how we can improve. We wish you best of luck in your future endeavors. Andrew Filar - CEO
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Glassdoor has 80 Ted Todd Insurance reviews submitted anonymously by Ted Todd Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Ted Todd Insurance is right for you.