Bankers Life - Awesome! | Glassdoor

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

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Helpful (1)

"Awesome!"

StarStarStarStarStar
Current Employee - Insurance Agent in Tacoma, WA
Current Employee - Insurance Agent in Tacoma, WA

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

Pros

Great training, awesome learning experience!

Cons

1099, no benefits. Lack of communication sometimes.

Advice to Management

Put more time into the selection of people you hire.

Other Employee Reviews for Bankers Life

  1. Helpful (5)

    "Bad company for agents as well as clients"

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

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

    Pros

    Good training. Met a few good people.

    Cons

    Cold calling all day, 3-4 days a week. 'Leads' are generated poorly, given to managers first, then passed down to agents when they can't write any business off them. All commission and every product pays lower than industry average as well as overpriced. No health ins, 401k... Benefits don't exist unless you buy individual plans at high cost. Management would rather take another day off than spend time training you in the field. Long history of claims denial, 5th WORST in the industry. You can make literally twice as much and get benefits at almost any better company. Trust me....

    Advice to Management

    None. You obviously want Bankers to fail or you would be more concerned with making your agents and clients happy than making money for yourself and the precious stock holders.


  2. Helpful (3)

    "I love working for Bankers!!! I don't know what these people are talking about!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Sales Agent in Brentwood, TN
    Current Contractor - Sales Agent in Brentwood, TN

    I have been working at Bankers Life as a contractor (More than 3 years)

    Pros

    -Ethical managers and co-workers
    -Promotion and growth within company is encouraged and obtainable
    -Product training and sales training for new agents and established agents
    -Managment and corporate easy to reach and always ready to help and/or mentor
    -Commissions and incentives go above and beyond industry norms

    Cons

    -People not wanting commission jobs, people that don't understand agent/ self employment type positions, and people not selected to represent Bankers have given this 100+ year old company a bad name in online forums.

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

See Most Recent

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