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Warning! If you are considering an Allstate Financial Services EFS position. Run away - do not look back . Do not complete pre-employment information. Do not sign any documents.
Allstate EFS
- Thread starter Gaddock
- Start date
- 9,744
Interesting first post. May we ask why?
Zydo, are you a recruiter or in management with Allstate? You just sound a little too enthusiastic to me!
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I responded to an Allstate recruiters. I was non committal, but they were persistent and offered me the opportunity to audit their training class in Chicago. I accepted. Allstate asked me to complete pre-employment paperwork. I did not complete all of it - the paperwork was ready for my signature. For example I did not sign their EFS contract; I did not sign their authorization to contact my employer. The thought process was if I accepted an offer we would have most paperwork out of the way. I would not commit to an EFS position until EA relationships were established to my satisfaction and various other concerns. The understanding was clear – I was checking Allstate out, they were checking me out. Allstate and I were in agreement to keep my file on hold, but revisit a month later.
Allstate went ahead and processed my file including the unsigned documents. Allstate contacted my employer with an unsigned authorization form without permission and I was terminated. (I was unaware of said contact and had to be escorted out of the building)
Allstate did not have a need for an EFS position. Their were none, zero, EA relationships save one non-growth – non-licensed EA w/500 households book within 50 miles. After an Allstate manager acknowledged the errors; Allstate simply did not give a care. It is my opinion Allstate acted wrongfully and I was financially and emotional damaged. In my opinion the least of these wrongful actions are misrepresentation, negligence, and interference with a business relationship. I did not sign the EFS contract because they contain prior contract language which in effect negates previous oral and written statements made by Allstate or their representatives.
Allstate went ahead and processed my file including the unsigned documents. Allstate contacted my employer with an unsigned authorization form without permission and I was terminated. (I was unaware of said contact and had to be escorted out of the building)
Allstate did not have a need for an EFS position. Their were none, zero, EA relationships save one non-growth – non-licensed EA w/500 households book within 50 miles. After an Allstate manager acknowledged the errors; Allstate simply did not give a care. It is my opinion Allstate acted wrongfully and I was financially and emotional damaged. In my opinion the least of these wrongful actions are misrepresentation, negligence, and interference with a business relationship. I did not sign the EFS contract because they contain prior contract language which in effect negates previous oral and written statements made by Allstate or their representatives.
- 1,328
Wow... if everything you have said is true, I'm sure an attorney would be glad to snag this case...
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I am well within the statute of limitations - still looking.
- 9,744
Good luck. I used to work for Allstate. They've got a LOT of lawyers...
Hello everyone, I was an EFS for three years. The program is good, but you have to work it everyday. Agents that are into the program are few and far apart. It would be nothing to drive 100 miles a day. Not only do you have to prospect the agents book, but you have to stay in good graces with the agents. Agents dont like EFS's in general. What I mean is they look down on them. The agents are held to a certain amount of protection in the financials go get a bonus. Some feel that the EFS is a free employee for them to tell what to do. On the outside it looks great... EA's sending me business because they have too. Most wont, and others will bash you if you are not cold calling from their office trying to make their goals. Its a giant juggling act. The EFS's that make it are real good at keeping their agents happy, and have a lot of agents to get business from. I was working with 10-15 agents. Lots of arm pulling from each agent. Products are limited to One Life carrier, (LBL), MF's, stocks, bonds, Prudential Annuities, and LTC and DI through Bysis. My fellow EFS at allstate just got an severe increase the commission grid, so they are working twice as hard in a down market to make it. One problem with the program is I couldn't annuitize investment business. So every year was just as hard as the year before. They dont have a fee based AUM for the EFS's.
Hope this helps
Hope this helps
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Interesting that you had 10 to 15 agents and 100 miles between them. Part of my complaint is that I was recruited to work a Hwy corridor which attaches 2 counties. I relied on these representation and wanted the opportunity to confirm the EA relationships so If I decided to change to Allstate I would feel comfortable in my decision. Since I live in the middle there would be approx. 60 miles from one end to the other. Obviously, I would have managed each end on separate days. The problem I encountered is that there are and were no available agents to work with inside this corridor (save the single small agency). The EA's had existing relationships that seem to be working very well for quite some time. Allstate had two scratch agencies, one agency is approx. 20 additional miles away and the other an additional 35 miles away. I did pick those up after the assigned EA gave them up, but they write their own business. (life)
You decided to leave. Where did you go?
You decided to leave. Where did you go?
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