What are the benefits of being an Aflac consultant?
- Outgoing and friendly personality
- The desire to help others in the community
- The ability to work well on teams
- Great work ethic and motivation to succeed
- High level of professionalism and integrity
How does Aflac make money?
How it works
- Your child was injured while playing soccer and was taken to the emergency room by ambulance.
- Your leg is fractured and requires surgery.
- The policyholder submits his claim through Aflac SmartClaim® before 3pm and receives benefits in just one day.
How does Aflac pay employees?
- Go to the Employees menu and select Payroll Center.
- Proceed to the Transactions tab and click Paychecks.
- Double-click on the paycheck that you need to edit.
- Click Paycheck Detail.
- Under the Other Payroll Items section, enter the correct payroll item and the amount.
- Select OK and click Save and Close.
- Once prompt, select Yes to record your changes.
How much does Aflac pay in California?
How much does Aflac in California pay? The average Aflac salary ranges from approximately $28,848 per year for Sales Representative to $130,000 per year for Business Development Manager. Average Aflac hourly pay ranges from approximately $10.50 per hour for Team Member to $50.00 per hour for Business Systems Analyst.
How much does Aflac pay benefit consultants?
How much does a Benefits Consultant at Aflac make? The typical Aflac Benefits Consultant salary is $4,682 per month. Benefits Consultant salaries at Aflac can range from $324 - $9,144 per month.
What does a benefits consultant do at Aflac?
As a Benefits Advisor, responsibilities would include: Consulting with business owners to determine the benefit needs for their employees. Arranging enrollment conditions in conjunction with the owner's needs. Conducting presentations and enrollments. Managing, servicing and retaining established accounts.
How are Aflac benefits Advisors paid?
The Benefits Agent's job is to sell supplemental insurance options to local businesses in the area. This involves contacting them over the phone or meeting with them in person. The pay is entirely commission-based, with no base salary.
Do Aflac benefits Advisors make a base salary?
The estimated base pay is $57,889 per year. The estimated additional pay is $39,479 per year.
Does Aflac have a base salary?
Insurance agents don't actually earn salaries, because they're independent business owners in charge of their own income.
Is it hard to sell Aflac insurance?
Selling insurance is very difficult. Almost 90% of agents do not make it 12 months. Aflac is great but they also crowd areas with other agents. You will make a lot of trips to clients.
Is Aflac a pyramid scheme?
All they ever talk about is how they want you to sign more people up to sell insurance so you get 5% of what they make. Its a pyramid scheme. They act accepting at first but that quickly changes to them expecting you to conform to their "look". Dont plan on making money here for a few months.
Is benefit Advisor a good job?
Great company to work for and their bonuses are great. 100% commission is tough though. It's a bit frustrating how much work goes unpaid that way. There is a lot of background work and you only get paid when you make a sale.
What do benefits consultants do?
A benefit consultant is a licensed health insurance professional who advises large corporations on selecting, purchasing, and administering their employee benefits.
What is a benefit specialist?
The benefits specialist is responsible for assisting with the administration of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, and 401(k) plan.
How much does a Benefits Consultant at Aflac make?
The typical Aflac Benefits Consultant salary is $56,085. Benefits Consultant salaries at Aflac can range from $3,892 - $109,733. This estimate is b...
How does the salary as a Benefits Consultant at Aflac compare with the base salary range for this jo...
The average salary for a Benefits Consultant is $61,780 per year in United States, which is 10% higher than the average Aflac salary of $56,085 per...
What is the salary trajectory of a Benefits Consultant?
The salary trajectory of a Benefits Consultant ranges between locations and employers. The salary starts at $53,090 per year and goes up to $192,35...
Do people feel that they are paid fairly for their work at Aflac?
Indeed’s Work Happiness survey asked over 49 current and former employees whether they feel they are paid fairly for their work. Of the respondents...
Do you get paid sick days at Aflac?
Indeed’s survey asked over 56 current and former employees how many paid sick days they received for their role. Respondents said they received . W...
What kind of flexibility benefits can you get at Aflac?
To find out what kind of flexibility benefits Aflac offers, Indeed’s Work Happiness survey asked over 20 current and former employees. Respondents...
Do you get paid time off at Aflac?
Indeed’s survey asked over 56 current and former employees how many paid vacation days they received for their role. Respondents said they received...
very flexible schedule
flexible schedule but tough to get started i would suggest having 6 months worth of savings. Perfect for someone who just graduated highschool and lives with their parents.
Great company but has its drawbacks
Great company to work for and I enjoyed the supportive team I was a part of. However, it definitely had its drawbacks. You are a 1099 employee that works 100% based on commissions. If you are able to overcome the objections of the business's strong dislike of Aflac or that they are already providing major medical then you can do well.
How much should you be earning?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
How much does a Benefits Consultant make at Aflac in the United States?
Average Aflac Benefits Consultant yearly pay in the United States is approximately $51,895, which meets the national average.
What is Aflac insurance?
/ˈæflæk/ (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States . The company was founded in 1955 and is based in Columbus, Georgia. In the U.S., Aflac underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide". In 2009, Aflac acquired Continental American In...
How much does a Benefits Consultant make?
How much does a Benefits Consultant make at companies like Aflac in the United States? The average salary for Benefits Consultant at companies like Aflac in the United States is $103,778 as of October 29, 2021, but the range typically falls between $94,869 and $112,221. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
What is Benefits Advisor 2021?
Benefits Advisor(Former Employee)- Sherman Oaks, CA- May 17, 2021. This is a commission-only based independent contractor insurance sales position with no benefits. You only get commission when you make sales. That means that during all the time you are spending in Monday morning office meetings, making calls or going door-to-door ...
Is Aflac a good company?
The culture at Aflac is great. Everyone that works there are great. It is purely commission based salary, and could take up to a month to make any money. Most the time it is either cold calling or going business-to business. Overall it is a great work environment with an excellent wok/life balance, but it will take time to be successful to do great.
What is the average salary of Aflac Benefits Consultant?
Aflac Benefits Consultants earn $69,000 annually, or $33 per hour, which is 16% higher than the national average for all Benefits Consultants at $59,000 annually and 4% higher than the national salary average for all working Americans.
What company pays the highest salary for the Benefits Consultant position?
Corporate Synergies pays the highest salary for the Benefits Consultant position at $113,000 annually.
What company pays the lowest salary for the Benefits Consultant position?
Hewitt Associates pays the lowest salary for the Benefits Consultant position at $36,000 annually.
What is Aflac insurance?
/ˈæflæk/ (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States . The company was founded in 1955 and is based in Columbus, Georgia. In the U.S., Aflac underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide". In 2009, Aflac acquired Continental American In...
How much does a Benefits Advisor make?
How much does a Benefits Advisor make at companies like Aflac in the United States? The average salary for Benefits Advisor at companies like Aflac in the United States is $70,380 as of October 29, 2021, but the range typically falls between $63,858 and $77,942. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
Aflac Salary FAQs
How does the salary as a Benefits Specialist at Aflac compare with the base salary range for this job?
Explore Benefits Specialist Salaries
Check out the latest Benefits Specialist Jobs or see Benefits Specialist Salaries at other companies.
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What are the responsibilities of a HR representative?
Responsibilities include: Working directly with business owners and Human Resources (HR) representatives to provide voluntary benefits and other value-added services to employees. Generating new business opportunities through company-provided leads and marketing efforts as well as personal networking and referrals.
What are the benefits of working for a company?
Advantages of working with us: 1 Positive work environment 2 In-classroom, field and virtual training 3 No nights, weekends, or holidays 4 Competitive compensation including monthly, quarterly and annual bonuses 5 Leadership opportunities based on performance
Is Aflac an unconventional company?
We’re an unconventional company looking for unconventional people. If you’re outgoing, entrepreneurial and motivated, it might be time to unleash your potential as an Aflac benefits advisor. 1 In return, you’ll gain the satisfaction of being in charge of your own success, from the hours you work to the income you earn.
How long do you have to be an Aflac agent to get a commission?
Once you’ve been an Aflac agent for two years, you’re 50% vested in renewal commissions, meaning that you could leave Aflac and still get 50% of your renewal commissions. After five years of service, that vested percentage goes to 75%; after 10, you’re 100% vested. That means that even if you leave Aflac after two years, as long as those 12 employees keep their policies, you get $93 a year from work you did two years ago (50% of the original $187). If you leave after five years? It jumps to $140 if the policies stay in force. And after 10 years, that renewal is yours in its entirety for as long as the policies stay in force.
What are the downsides of salaried work?
But the downside of a salaried position is that you could be outperforming your peers, doing the best work of your life... and your paycheck stays the same. You’re also at the mercy of your employer as to how long you stay on board; layoffs and reductions in hours are beyond your control.
How does an insurance producer determine her income?
In contrast, an insurance producer’s income is determined by her own drive, her own ambition, her own desire to earn. And her own lifestyle: Agents can work part time while focusing on other areas of life.
How does commission work for insurance?
Here’s a model of how commission works: Let’s say one of your clients offers a form of coverage you offer to its employees, and 12 employees opt in. Using simple numbers for example purposes, let’s say coverage costs each employee $5 a week, taken out of his or her weekly paycheck, so each employee pays $260 per year. For 12 employees, that’s a grand total of $3,120. Let’s say your commission rate on these policies is 30%, so you would receive $936 that year, just for those 12 people.
Do insurance agents pay renewal commissions?
But if you work with a carrier that pays renewal commissions, the amount an insurance agent can make per policy can get a little sweeter. In short, renewal commissions pay you for work that’s essentially already done, as long as that work is still in play.
Who is Reese Golchin?
When he’s explaining renewal commissions to new agents, Reese Golchin, a market recruiter for Aflac in North Carolina, uses an example we all know: Beyoncé’s “Single Ladies,” which has earned more than $10 million to date. 2,3
Does Aflac pay commission?
Aflac also offers a distinct advantage in that, unlike many other commission structures, agents are paid part of their commission as soon as coverage is issued. That means you don’t have to wait until a policyholder actually starts paying for coverage before you see money in your account.
Details About Aflac Benefit Consultant Salary
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Surrounding Issue of Aflac Benefit Consultant Salary
Average Aflac hourly pay ranges from approximately $8.49 per hour for Human Resources Intern to $24.51 per hour for Benefits Advisor. Salary information comes from 15,038 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.