Bankers Life Employee Benefits and Perks | Glassdoor

Bankers Life Benefits

Location: US
2.3
StarStarStarStarStar
135 Ratings

Employee Benefit Reviews

Showing 1–10 of 135 comments

Most Commented

  • Job Training  (58 comments)

    “Extremely well developed training program. Continuous online educational opportunities to grow and improve.”

  • Performance Bonus  (39 comments)

    “Fairly low thresholds to achieve but once you realize that the top performance barely make it, you realize it's all for marketing and hiring...”

  • Company Social Events  (21 comments)

    “Company had an excellent, attainable sales contest system that was fun, energizing, and a blast.”

  • Dec 06, 2018
    StarStarStarStarStar Former Sales Manager in Billings, Montana

    Excellent benefits package. Medical, dental, optical, 401K, and bonuses. No paid vacation or accrued sick leave. If you weren’t working you weren’t earning.

  • Dec 14, 2018
    StarStarStarStarStar Former Agent in Phoenix, Arizona

    Have to hit sales quota every quarter to get most incentives

  • Dec 06, 2018
    StarStarStarStarStar Former Insurance Agent in Mesa, Arizona

    Bonuses are fairly high and occur often if you're willing to do the work

  • Nov 28, 2018
    StarStarStarStarStar Former Insurance Agent in Wappingers Falls, New York State

    Great sales incentives. They offer upscale trips, gift cards, meals, etc

  • Oct 09, 2018
    StarStarStarStarStar Former Sales in Columbia, South Carolina

    There is no benefits package unless you are a manager.

  • Aug 08, 2018
    StarStarStarStarStar Former Employee in Los Angeles, California

    Very plentiful benefits that take care of your needs

  • Jul 28, 2018
    StarStarStarStarStar Former Insurance Sales Agent in Mesa, Arizona

    The worst is that as an independent contractor you don't get anything unless you're in management. At best, in management you get a typical entry level benefits.

  • Jun 07, 2018
    StarStarStarStarStar Current Insurance Agent in Wilmington, North Carolina

    The best thing about the benefits of being a first year agent at Bankers is that they offer quarterly bonus programs, help with health insurance, and an amazing deferred compensation plan for retirement. It's very rare for a company like this to give independent contractors such great opportunities just for hitting basic production goals, so it's been super exciting.

  • Jun 19, 2018
    StarStarStarStarStar Current Insurance Agent in Nashville, Tennessee

    no benefits for people that are just agents

  • Apr 27, 2018
    StarStarStarStarStar Former Insurance Agent in Winchester, Virginia

    Biggest mistake of my career! I spent 165 on testing, I can't remember how much on the license and finger prints for the state, oh then $210 for the course!!! Then I start working and no one willing to help me with what I needed to do. They want me to call people on a do not call list, people hanging up on me, basically phone stalking people for Medicare supplemental insurance. Then other days we were to go knock on strangers doors to get them to make appointments. We had a specific script to say.

Benefits Summary


List based on reports from current and former employees. It may not be complete.

Legend:
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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

  • Vacation & Paid Time Off
  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • CheckmarkSabbatical (6)
  • Bereavement Leave

Perks & Discounts

Professional Support

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