(18 reviews)

Company Profile

Company overview

Industry

Insurance

Company size

101-1,000

Primary location

12F STI Holdings Center Ayala Ave. Makati City

PhilPlans is one of the leading financial solutions companies in the Philippines providing innovative pension, education, and memorial programs that build financial preparedness for the future. Registered with the Securities and Exchange Commission (SEC) on April 19, 1989, PhilPlans was launched on October 12, 1989.In October 2009, Philippines First Insurance Company, Inc. (PhilFirst Insurance) and Systems Technology Institute (STI) took over ownership of PhilPlans from the Philippine American Life and General Insurance Company (Philam Life).Under the new leadership, PhilPlans has renewed its commitment to help hard-working Filipinos prepare for their future financial needs. It continues to be a formidable player in the industry with its comprehensive product suite, management expertise and sound financial practices.In 2013, PhilPlans recorded Php1.84 B in Net Income and a Trust Fund of Php40 B, making it one of the most stable financial solutions companies among its peers.

Reviews overview

4.618 ratings in total

5

13

4

3

1

2

1

0

100%

Rate salary as high or average

100%

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What’s it like working at PhilPlans?

AI summary of recent reviews

PhilPlans offers a positive work environment characterised by a supportive company culture and friendly colleagues. Employees appreciate the competitive compensation and benefits packages, particularly in the sales division. The company provides opportunities for professional development, allowing staff to enhance their sales and presentation skills while building their professional networks.

Areas for potential improvement include the management of sales targets, which some find challenging due to steep increases. The role requires strong adaptability skills when working with diverse clients, and some employees suggest that management training programs could be enhanced, particularly in areas of recruitment and selection.

Recent reviews

5.0

Territory sales head

Jun 2023

I had a wonderful, productive and progressive work stint with the company.

The good thingsGood working environment, company culture.

The challengesIf you are good you get assigned in difficult areas.

4.0

Sales

Mar 2023

Tarlac City Tarlac1 to 2 years in the role, former employee

Being employed in Philplans First, Inc is a great and wonderful opportunity for me because, I was able to manage more than 100 sales force to recruit and get more sales production in terms of life, pension and education plan for Filipino families...

The good thingsTraining Compensation Co Employees Human Resource and Development Sales Presentation

The challengesSales Target Advancement of Technology Budget for Sales Force

5.0

Sales representatives

Jan 2022

5 to 6 years in the role, former employee

EASY AND HIGH EARNINGS.

The good thingsFAST AND EASY EARNINGS. ABLE TO ESTABLISHED RAPPORT RELATIONSHIPS BETWEEN ME AND MY CLIENTS.

The challengesEASY JOB. ABLE TO BUILD SELF DISCIPLINE AND CONFIDENT.

Ratings for PhilPlans are shared as-is from employees in line with our community guidelines

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