There are newer employer reviews for Bankers Life
There are newer employer reviews for Bankers Life

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Helpful (2)

Insurance Agent

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - Insurance Agent in Deerfield Beach, FL
Former Contractor - Insurance Agent in Deerfield Beach, FL
Recommends
Neutral Outlook
No opinion of CEO

I worked at Bankers Life as a contractor (More than a year)

Pros

Great training on an ongoing basis. Cyclical training cycle keeps you sharp on the sales model. Advanced training provided to sharpen skills. Product training is good.

Cons

Not enough mentoring by senior producers. Compensation model doesn't match industry leaders and leaves new agents looking for coaching after initial qualification period.

Advice to Management

Improve field training allowance to allow agents to keep 100% commission on sales. Managers should be compensated sufficiently to allow them to focus on new agent development and not be spread too thin. Not enough managers/field training agents to cultivate new agent development.

Other Employee Reviews for Bankers Life

  1. Helpful (3)

    Health and Accident Insurance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in Redding, CA
    Current Employee - Sales Representative in Redding, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bankers Life full-time (More than a year)

    Pros

    There is a good amount of income opportunity

    Cons

    When you make a sales commission it can charge back if the customer cancels the policy with in a year.

    Advice to Management

    Stop running a scam where new agents act as free appointment setters for senior agents they most often don't get anything out of it and they don't get hourly pay.


  2. Helpful (3)

    Bankers has been and continues to be a rewarding experience.

    Current Employee - Unit Sales Manager in Crown Point, IN
    Current Employee - Unit Sales Manager in Crown Point, IN

    I have been working at Bankers Life full-time (More than 5 years)

    Pros

    The products fit their market and the agent support and training is excellent.

    Cons

    Every profession has it's peaks and valleys I choose to focus on the peaks


There are newer employer reviews for Bankers Life
There are newer employer reviews for Bankers Life

See Most Recent

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