Bankers Life "training program" Reviews | Glassdoor

Bankers Life Employee Reviews about "training program"

Updated Dec 6, 2019

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3.6
63%
Recommend to a Friend
88%
Approve of CEO
Bankers Life President Scott Goldberg
Scott Goldberg
573 Ratings
Pros
  • "Great training, the sky is the limit(in 89 reviews)

  • "They have a fantastic training program that gets new agents up to speed very quickly(in 68 reviews)

Cons
More Pros and Cons

Reviews about "training program"

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  1. Helpful (1)

    "Outstanding Career with Bankers Life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Leiter Job-Shop-Automatisierung Und Steuerungsbau in Topeka, KS
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for more than 10 years

    Pros

    Bankers is a commission only business. They pay you exactly what you are worth. They have a fantastic training program that gets new agents up to speed very quickly. New agents are sent out into the field with a more experienced agent until they feel comfortable working on their own. They are observed conducting various aspects of our business such as phone calling, door knocking and giving product presentations. The bonus program for new agents allows new agents to build monetary success very quickly. It is very hard work but the rewards for an agent's efforts are definitely worth it. There is a great process to follow. This career allows a person the ability to genuinely help people with several products that will affect them and their families for a very long time.

    Cons

    If an agent does not follow the established process, their success will suffer. If a person does not handle rejection from strangers, then this is not a career for them.

    Continue reading
    Bankers Life2019-08-27
  2. "Bankers Life insurance agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Insurance Sales Agent in King of Prussia, PA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bankers Life for less than a year

    Pros

    Good office environment Great training program

    Cons

    Commission only sales Bad work/life balance

    Bankers Life2019-12-07
  3. Helpful (2)

    "It's on you!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - USM/Financial Advisor in Topeka, KS
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for more than 3 years

    Pros

    Unlimited income potential Can be a 6-figure opportunity within 2-3 years with hard work Opportunity for growth into management Training programs are incredibly thorough Continual office promotions Fun office culture

    Cons

    It is entirely up to you (if you succeed its cause of you - if you fail it's cause of you) Initial ramp up time of 4 - 6 weeks to start truly succeeding.

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    Bankers Life2019-08-12
  4. Helpful (1)

    "Goal oriented Team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Agent in Owings Mills, MD
    Positive Outlook

    I have been working at Bankers Life full-time for less than a year

    Pros

    Great sales agent development approach: Banker's Life's training program offers new agents on hands training with senior agents and provides milestones to credit progress along the way.

    Cons

    Driving in Maryland is not safe (negative) but Agents that are on the road can do their part to drive responsibly (positive spin).

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    Bankers Life2019-08-09
  5. "Great career starter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Field Underwriter in Greentree, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bankers Life full-time for less than a year

    Pros

    Awesome team environment, rigorous training program, flexible schedule, huge upside potential

    Cons

    Steep learning curve and requires great patients

    Continue reading
    Bankers Life2019-04-15
  6. Helpful (5)

    "STAY AWAY!!!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Agent in Plantation, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bankers Life full-time for more than a year

    Pros

    Training program is solid, even though managed poorly and inconsistently

    Cons

    - Compensation is commission only. - If you're a good prospector (cold calling / door knocking / chasing everybody, this is for you. - Decent CRM but Leads provided are very questionable

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    Bankers Life2019-05-13
  7. Helpful (6)

    "Great Training"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Representative in Richmond, VA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Bankers Life full-time for more than a year

    Pros

    Best training program in the industry!!!

    Cons

    People in the office I was at were not trustworthy.

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    Bankers Life2019-04-09
  8. Helpful (1)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Independent Agent in King of Prussia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for less than a year

    Pros

    Great co-workers who keep a positive attitude. Great training program and terrific incentives to succeed. The sky’s the limit in terms of earnings.

    Cons

    Not a downside— but you also should expect to work hard and be self motivated. The King of Prussia team is awesome.

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    Bankers Life2018-11-15
  9. "Better management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Internship in Medford, OR
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bankers Life for less than a year

    Pros

    Great training program and the opportunity to make money

    Cons

    Commission only and terrible co worker

    Bankers Life2018-10-08
  10. Helpful (1)

    "No guaranteed income - no matter how hard you work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Representative 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bankers Life full-time for more than a year

    Pros

    Training program is excellent. Great place to learn and take your knowledge elsewhere.

    Cons

    Long hours, low or no pay. No benefits. Co workers constantly complaining about being broke. The only ones making money are the management who cherry pick the leads. Use your personal vehicle and gas daily with no reimbursement. 1099 employee.

    Continue reading
    Bankers Life2018-10-10
Viewing 1 - 10 of 68 Reviews