Primerica Interview
Hello everyone,
I am currently a Kean University junior, majoring in Management - General Business, and I graduated from Union County College with an A.A. in Business this May. I have worked at Vector Marketing (as a salesman), Walgreens and the VNSNY, where I gained a lot of customer service experience and insight on how to discern customer needs.
At my Career Fair recently, a Primerica recruiter came to my school, I gave him my resume and he was so impressed he put a star next to my name and scheduled an interview Friday tomorrow, saying that this would be even "better than an internship" because of extra income.
I've also got an interview with Sherwin-Williams next Monday.
My parents have both worked at the financial world, including at Merrill Lynch, and breaking into an investment banking-style job has always interested me, as well as asset management?
So If I got this job, would it be a very good place to start, so that when I graduate in 2021 it will be impressive to have on my resume, and stand out? Should I also be satisfied with a full-time offer? Thanks!
Can't tell if this is serious or not but Primerica is 100% a pyramid scheme. Don't do it.
It is. Primerica is a scam
I replied below.
Thank you both for this reply. Yes, I am being serious, I am a junior at Kean, looking to work in an investment banking, asset management-style job after graduation.
I have had experience with scams before, such as with my Vector Marketing: unpaid training, no gas compensation, just the base pay and a small commission, etc.
Is Primerica really a scam in the same sense? They seem to have a good stock price currently, and made over a 350 million in 2017. Wouldn’t their bottom line be poorer if they were illegitimate and trying to cheat people?
Yes, trust me.
I wouldn’t necessarily call it a scam, but it is a pyramid/MLM scheme and is all about sales. Not much transferrable to IB or AM (which are two very different things to being with). Primerica basically makes you sell annuities etc., which from a soft skills stand point some of that might help if you’re going into PWM. But all in all, I would stay away from it. Get your GPA up, reach out to people, and apply everywhere
Thank you! I’ll keep this in mind. My GPA is very good this semester, and I got a 90 on my midterm in my Business and Professional Communications class. :)
I’ll focus on my upcoming interview with Sherwin-Williams this Monday, and see if other firms reply (I have my resume to a lot of people at the Career Fair).
If i were you I'd apply at Northwestern Mutual and JT Marlin. With those marks, you're going to kill it!
I was considering Primerica but only to get my Series 7/66. They offered me a spot but after a day of consideration I declined and figured id only be wasting my time and theirs. Its not quite a scam but its not exactly the type of position you would want. Even a position at Edward Jones is probably better or NW Mutual (probably will get hate for saying that but its honest). Nobody here likes NW Mutual.
Needless to say I could have taken the position and had both my 7 and 66 now or been 2 terms behind in my classes for my finance degree. I chose the latter since I was just getting back into school after 3 years off (health related).
Right now I am half looking for internships or entry level summer positions but actively looking for networking opportunities.
Do you have your Whole Foods management experience on your resume? Fish market supervisor?
Primerica is one of the largest distributors of financial products and services. It reported a total profit of almost $338 million in a particular year, mainly through multi level marketing.
It has an excellent work environment with a firm mission. People in Primerica earn a very considerable amount of commission on the products.
Primerica offers average individuals a chance to build their own business and change their lives. Primerica representatives can begin with low entry costs and help in flourishing a wide business.
Thus, If you are looking for an Investment in this MLM, Primerica is highly recommended.
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