Bankers Life

  www.bankerslife.com
  www.bankerslife.com
There are newer employer reviews for Bankers Life

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

379 Other Employee Reviews for Bankers Life (View Most Recent)

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  1. 5 people found this helpful  

    Not what they make it seem

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

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

    Pros

    You can make money if you are willing to bend a lot of your beliefs.

    Cons

    Terrible leads. They only care about you if you are selling but fail to help provide leads for their. Wanted results.

    Advice to ManagementAdvice

    Have a better business ethic

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 8 people found this helpful  

    Unpaid worker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent
    Current Employee - Insurance Agent

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

    Pros

    Basically you can set your own schedule and the training is pretty good.

    Cons

    However, to be successful, you will be working very long hours 7 day's a week. You will also be cold calling between 700 to 1000 phone calls a week setting up appointments. At the beginning it can take 50 calls for 1 appointment and you need at least 15 appointments per week to make a living. The rule is 15 set, 7 seen and 3 sold per week. You will get lots of answering machines and people who don't want to be bothered. You will not make much money the first year unless you are already a skilled insurance salesman. It's not uncommon for employees to still be filing income axes for a loss after 2 years on the job. You will have to be untruthful to potential clients about why you are calling for an appointment. For example - you may have to say that you are explaining Medicare, not just trying to sell policies. Remember, you are paid on a 100 percent commission basis, so you must sell something on a majority of your sales appointments or you will not make enough money to pay for the use of your time and car.

    Advice to ManagementAdvice

    It's a numbers game - many will try and few will succeed. No one will make good money the first year.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Bankers Life

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