Awesome - Annuity Administrator Global Bankers Insurance Group Employee Review

Great culture Encourage innovation Fast paced

Current owner has been convicted of felony

This company will present many challenges to future employees.

CBL is a shell of what it was before Eli Global purchased it in 2015. The company is nearing completion of a transition to move operations to Durham, NC, and will soon not have any presence in Colorado. CBL is now part of the Global Bankers Insurance Group within the Eli Global organization. Most operational positions have been off-shored to India and the Philippines. Management direction is driven by the needs for future acquisitions and often appears to be chaotic with sudden changes in focus. The company ownership is very secretive and lacks transparency. There is a distinct lack of trust of employees. The Eli Global company organization and structure is vague, complex and confusing. Communication about company goals and direction within the organization is sporadic at best. Compensation and benefits are adequate and positioned for short term employment. Longevity at the company is no longer valued or even expected. Turnover among newer employees in Durham and India has been high. Career advancement appears to be possible for a few people if they are willing to sacrifice work/life balance and can move into the Global Bankers organization. Long term outlook for positions at CBL is gloomy with the change in business focus to different products and new acquisitions. The company ownership aggressively off-shores and outsources positions. New employees shouldn't expect a long career at CBL. It's best to keep your resume updated and watch for better opportunities.