Great Stepping Stone for a career in the retirement industry - Account Executive Ascensus Employee Review

2.0
20 Aug 2008
Recommend
CEO approval
Business outlook

Pros

This is a good company to work for if you want to break in to the Retirement Industry. It is a fantastic place to work if you want to gain experience and transfer that into a higher paying job elsewhere. They are willing to hire people with no experience and due to the isolated, rural Brainerd, MN location, are often in short supply of well qualified candidates (read, if you impress in the interview and don't demand a lot of money, you will probably be hired). A hungry person can work here and use it as a stepping stone to the next level elsewhere, bottomline.

Cons

1. In certain departments management can appear to be either uncaring or inept, or both. 2. Like any company, if you want to advance, brush up on your brown nosing skills. 3. Pay absolutely sucks. It is way below market value rates, and in the Brainerd location they can get away with it because of a rural location. It often means unqualified people are hired because nobody else applies for a position. 4. Raises here are a joke. There aren't any. Superior performers get 3-4% raises. Remember, the starting pay here absolutely sucks. So you can bust your butt for an entire year, add tremendous value to the company and their reward to you will be a 3-4% pay increase. Lets be clear, according to govt figures, the inflation rate in the past several years is around 3%. You are, in essence, being rewarded for superior work performance by being given a cost of living adjustment. In addition, the benefits aren't anything to brag about. One or two local places accept the vision insurance, and the 401k plan is kind of a joke, considering its a 401k company.

Explore other reviews about Ascensus

5.0
3 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Excellent manager and team with streamlined processes. Benefits are greater than what I have seen in a majority of other businesses. The IT team generally moves very quick to resolve issues. HR/Hiring team was very quick and informative.

Cons

Only have two monitors when three would offer more efficiency. Although many tasks have SOPs and guides, some guides might not be updated (IE I found a guide that had the incorrect naming convention for a file). Any study materials needed to obtain relevant professional credentials are not covered by Ascensus. Obtaining relevant professional credentials also does not provide you with any bonus. You must wait a minimum of 12 months in your current position before wanting to change/pursue other job opportunities at Ascensus. The career ladder, at least in the Compliance team, seems rather narrow and limited.

See reviews by: Helpful|Rating|Date|All