Bankers Life

  www.bankerslife.com
  www.bankerslife.com

Bankers Life Reviews in Washington, DC

Updated September 4, 2014
Updated September 4, 2014
374 Reviews
2.6
374 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Scott Goldberg
3 Ratings

Review Highlights

Pros
  • Great training - Take advantage of all of it - do all of the self training as well (in 23 reviews)

  • Good training and (at least in our local office) a great office atmosphere (in 21 reviews)


Cons
  • 100% commission was tough in beginning - but you build your base (in 27 reviews)

  • You are an agent, not an employee; there are no benefits unless you become a manager (in 20 reviews)

More Highlights

4 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Great company...senior leadership cares about the clients, agents and managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regional Director in Washington, DC
    Current Employee - Regional Director in Washington, DC

    I have been working at Bankers Life full-time (more than 8 years)

    Pros

    Objective professional and financial growth, earn what your are worth, limited politics and tenure requirments, every person I've worked for has really cared about my growth and my goals.

    Cons

    This is a business opportunity. This is not a 9-5 career. Please look at it accordingly. It isn't right for everyone.

    Advice to ManagementAdvice

    Continue expansion efforts and market it better. Continue internal and external development plans, MTP, Top Gun and Career Path Awards. Market these better interenally and externally.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Sales

    Current Employee - Independent Agent in Washington, DC
    Current Employee - Independent Agent in Washington, DC

    I have been working at Bankers Life full-time (less than an year)

    Pros

    great for college kids or those who don't really need a second income

    Cons

    Commission based, cold calling not the job for you if you have a family to support

  3.  

    Insurance sales person

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Washington, DC
    Former Employee - Insurance Agent in Washington, DC

    I worked at Bankers Life full-time (less than an year)

    Pros

    Compensation is not a motivating factor

    Cons

    Helping medicare beneficiaries get medigap insurance

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  5. 7 people found this helpful  

    Boring life and Causalty

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Calverton, MD
    Former Employee - Insurance Agent in Calverton, MD

    I worked at Bankers Life full-time (less than an year)

    Pros

    My direct supervisor was really helpful,also a very nice.Also fellow employees were. also very personable. I also really enjoyed meeting with clients.

    Cons

    Job was 100% commission leads were paid for by employees and were almost worthless Lots of charge backs. Upper management was terrible and not helpful at all. You got paid for sales but no yearly residual. .

    Advice to ManagementAdvice

    Get leads that are useful and not rehashed several times. Management should more engaged with agents. Upgrade better training on all products.Geneallyy be nicer to agents.

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