Has anyone worked for acorn life?

sashafierce

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snowy2008

they are supposed to be very nice but then again why wouldnt they if they dont have to pay you, honestly, with this climate, better the devil you know....

7861213

Ask if it is feasible to start initially on a part time basis in combination with your current role, at least then you can try it out. A possible income is no replacement for a guaranteed wage especially if you incur travel costs etc out of your own pocket.

Best of luck with your decision either way.

sashafierce

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sassi72

Hi Op,

A family member worked for a short time with Acorn life, to be honest he found it hard to get sales in the boom time so would imagine it would be next to impossible during recession. Friends and family members that took out policies with him are now out of pocket as pensions are worth feck all. Good luck;)

danbohan

sashafierce wrote: »

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they have bad rep out there , big turnover of staff as well in sales , if you want get into the insurance buisness try irish life , canada life , new ireland etc they are more reckonised brands and offer a advance of commissions as a basic salary something like 2k per month , its a tough market for everybody now ,working for acorn would be tougher still. keep your 14 hours

sashafierce

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martinn123

sashafierce wrote: »

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Just to give you an insight, if you join Acorn the training will be basic in their products, and you have to pass an exam to qualify to sell.
Now you need customers, they will teach ?? you to draw up a list of 100 people you know. Start with immediate family, relations, college friends, school friends, neighbours, drinking partners etc.

then you approach these and offer a free financial review, and on the basis that they may want to help you with a new job they will buy a product.

Acorn will employ anyone with a pulse, ( no offence to OP ) on the basis that they know 100 people.

i never worked for them,but did a stint with American Life, same system, they took on loads of Acorn staff, and we compared notes.

good luck, but be careful

sashafierce

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martinn123

sashafierce wrote: »

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No that wont work, your training will be in Acorn products only , and your qualification will be in their products only.

Basically they have developed this as a busiess model, employ ( well commision only ) loads of people and get them to sell to family friends etc. If they get someone who can then cross sell, i.e get a referral from every contact, and is successful great, everyone else will sell a policy to Aunt Mary and Uncle Joe, who only buy because nephew got a new job and they feel they should help him out,if no more sales he moves on and its on to the next mug.

Knocking on doors does not work in Financial sales, you need to develop over time a list of customers who look to you for advice, and are happy to recommend you to their friends and business associates. It takes a long time to build up a successful bank of customers.

It sounds as if you do not want to get into sales, well this would be a terrible introduction to sales and will put you off for life.

if its Banking you want as a career, sorry but the climate is not great as you know.


Best of luck, keep us posted

danbohan

martinn123 wrote: »

No that wont work, your training will be in Acorn products only , and your qualification will be in their products only.

Basically they have developed this as a busiess model, employ ( well commision only ) loads of people and get them to sell to family friends etc. If they get someone who can then cross sell, i.e get a referral from every contact, and is successful great, everyone else will sell a policy to Aunt Mary and Uncle Joe, who only buy because nephew got a new job and they feel they should help him out,if no more sales he moves on and its on to the next mug.

Knocking on doors does not work in Financial sales, you need to develop over time a list of customers who look to you for advice, and are happy to recommend you to their friends and business associates. It takes a long time to build up a successful bank of customers.

It sounds as if you do not want to get into sales, well this would be a terrible introduction to sales and will put you off for life.

if its Banking you want as a career, sorry but the climate is not great as you know.


Best of luck, keep us posted

the qualification , is it qfa ? if it is it is not in acorn products only its a life assurance assocation exam , you dont need to join acorn or any other life company to do the exam you can contact lia directly and get details from them , it is illiegal to sell financial services ie life and pension products door to door so must work on a refereal basis ,keep your job try it for 3 or 4 weeks remb you are self employed if it works and you like it great if not you have got a little insight into that world some training and lost very little , only about 5% of people who join acorn are still their after 2 years .

sashafierce

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danbohan

sashafierce wrote: »

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yes you can , heres the link http://www.lia.ie/courseView.php?id=1&pn=qfa&sub=overview, if you do it yourself you have pay though

sashafierce

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phormium

Don't bother unless you fancy having to flog insurance to your friends and family, when you have exhausted your list then you are probably out the door anyway. If I was intending selling stuff to my nearest and dearest I would want to be sure they got the best available and not just look at what one company was selling. The training will be just based on their products and is not the QFA qualification which would take a lot longer to get.By the way, imo, a job in banking is about selling these days, unless you manage to get into HO department or something, anything branch based will have selling in it.

Tin_Cup

Just seeing did u go ahead with this sasha??

joedixon

I had an interview with a very friendly rep from this company yesterday, told me I was what the company was looking for, wants to meet tomorrow again, seems pushy, but friendly. outlined about selling to friends etc etc . Does anyone know if these sales etc are commission based only as he was very vagued on this.
I was sort of surprised at how quick he told me I was what his company wanted. I would not be happy selling to family members

any advice from those in the know?

sashafierce

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phormium

That is how the bulk of those companies work. You will be expected to produce contacts, namely friends and family, you then try and sell to your own network initially and then hopefully extend out to friends of friends etc.

You need to be tough and have a hard neck for insurance sales, I say that having been there and also having some very good friends still there, even in the company you mention. They are ramping up their business at the moment and expanding into other areas of insurance they did not originally do.

Tin_Cup

joedixon wrote: »

I had an interview with a very friendly rep from this company yesterday, told me I was what the company was looking for, wants to meet tomorrow again, seems pushy, but friendly. outlined about selling to friends etc etc . Does anyone know if these sales etc are commission based only as he was very vagued on this.
I was sort of surprised at how quick he told me I was what his company wanted. I would not be happy selling to family members

any advice from those in the know?

Hey Joe,

Just wondering did you go ahead with the job??