Bankers Life - No pressure, but 100% commission | Glassdoor
There are newer employer reviews for Bankers Life
There are newer employer reviews for Bankers Life

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Helpful (6)

"No pressure, but 100% commission"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Insurance Agent in Edina, MN
Former Employee - Insurance Agent in Edina, MN
Doesn't Recommend
Neutral Outlook

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

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.

Other Employee Reviews for Bankers Life

  1. Helpful (6)

    "Biggest Mistake I made!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Insurance Agent in Omaha, NE
    Former Employee - Insurance Agent in Omaha, NE
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    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.


  2. Helpful (7)

    "this company will chew you up and spit you out broker than when you arrived"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Representative in Orange, CA
    Current Employee - Insurance Representative in Orange, CA
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    Overall great people to work with. Leads were given. Quality of leads suspect. Commissions paid rapidly.

    Cons

    Management plays preferences. DNC list is ignored. A bait and switch tactic is used on unknowing seniors to sell them insurance. A ton of calls needs to be made in order to set appointments. High turnover.

    Advice to Management

    Come clean with what you are doing instead of trying to dupe seniors. They are smarter than you give them credit for.

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

See Most Recent

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