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

See Most Recent

Helpful (2)

Great potential!

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Contractor - Insurance Agent in Knoxville, TN
Current Contractor - Insurance Agent in Knoxville, TN
Recommends
Positive Outlook
No opinion of CEO

I have been working at Bankers Life as a contractor (Less than a year)

Pros

Good commission rates, Increasing market, Great training. Other agents very willing to help if you are putting forth effort.

Cons

100% commission so make sure there is enough money in the bank for you to live on for 6 months to a year until renewals start.

Advice to Management

To reduce turnover of new agents, implement a small base salary. Advertise in markets where Bankers name is not known.

Other Employee Reviews for Bankers Life

  1. Helpful (6)

    personal experience from ohio branch

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Cleveland, OH
    Current Employee - Insurance Agent in Cleveland, OH
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    work at your own schedule

    Cons

    your practically a telemarketer cold calling for hrs on end with leads that senior agents get to sift through first in hopes of making appointments throughout your city and residing county's to which you must drive your own vehicle to. when you actually manage to make a sale its usually split between agents or a team lead and if a customer cancels or lapses a policy it comes out of your pocket company holds no liability. if you don't have a substantial amount of savings to cover your bills and personal expenses for about 6-8 months or a very reliable car i would not recommend this job there is no salary this is commission only


  2. Helpful (5)

    Stressful, low rewards, low office morale

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in Somerset, NJ
    Former Employee - Sales Representative in Somerset, NJ
    Doesn't Recommend
    Disapproves of CEO

    I worked at Bankers Life full-time (Less than a year)

    Pros

    Flexible hours "Unlimited salary", as they love to remind you - At least they try to train you first

    Cons

    - No base salary (100% commission) - Low office morale - Terrible leads - Management that doesn't know how to manage - They go on and on about how flexible this job is, but if you're not willing to work every evening and come in on Saturdays to make calls you find yourself being judged for it.

    Advice to Management

    Please understand that when your "employees" (not that you're paying them) are frustrated with an extraordinarily stressful job, the proper response is not to gather them all in a room and scream at them about how they don't appreciate the opportunity the company has given them. And stop giving out the same exact leads to multiple people in the office. It's not "diversifying", it's borderline harassment; if I was a prospect getting multiple calls a day I'd be mad too.


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

See Most Recent

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