There are newer employer reviews for Bankers Life

Helpful (2)

Excellent training and potential for motivated sales people willing to commit to the training

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Insurance Agent 1099 in Winchester, VA
Current Employee - Insurance Agent 1099 in Winchester, VA

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

Recommends
Positive Outlook
No opinion of CEO
Recommends
Positive Outlook
No opinion of CEO

Pros

Unlimited upside for compensation and day sales opportunities. do not need to work at night

Cons

Takes time to develop knowledge and revenue stream. Not for everyone

Advice to Management

Get group health insurance for 1099 sales people. Contributing to costs is great but insurability is an issue otherwise

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  1. Helpful (4)

    No pressure, but 100% commission

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

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

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Great training. It was some of the best training I've ever had. The branch manager really cares about the agents.

    Cons

    Cold calling. If you're not good at cold calling, you better get good at knocking on people's doors. There are no benefits or salary. Bonuses are very hard to get.

  2. Helpful (4)

    Biggest Mistake I made!

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Omaha, NE
    Former Employee - Insurance Agent in Omaha, NE

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Set your own schedule and claim to "be your own boss"

    Cons

    Out of pocket expenses
    Training
    Quality and Cost of leads
    Promises made by branch management
    They hire anyone they can con into the "opportunity"

    Advice to Management

    Branch manager promised that I would make $2,000 a month for the first 3 months or he would pay the difference. He never lived up to his promise.

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