Bankers Life - Life Insurance Agent | Glassdoor
There are newer employer reviews for Bankers Life
There are newer employer reviews for Bankers Life

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Helpful (3)

"Life Insurance Agent"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - Insurance Agent in Houston, TX
Former Contractor - Insurance Agent in Houston, TX
Recommends
Approves of CEO

I worked at Bankers Life as a contractor (Less than a year)

Pros

Once you have reached a point of licensure and given every success to building clients, this type of role can be very rewarding.
There are hours of preparation for the State Board of Insurance testing, and additional knowledge needed to learn the insurance products you will represent, so this is the "roadwork" needed aside from maintaining hours of contact with potential clients.

Cons

You work for a commission salary. This is a very stressful position for those who depend on regular pay.

Other Employee Reviews for Bankers Life

  1. Helpful (1)

    "Senior Market Insurance Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Sales Agent in Phoenix, AZ
    Current Employee - Insurance Sales Agent in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good managers, co-workers and staff

    Cons

    No base, which would be okay if the commission rates were higher

    Advice to Management

    Formalize the training and integrate with online resources


  2. Helpful (5)

    "Training was not what I expected, poor lead and marketing system. 10 year H/C sales professinal."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Professional Sales in Chicago, IL
    Former Employee - Professional Sales in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bankers Life full-time (More than 10 years)

    Pros

    Manager will support you , if you ask.

    Cons

    Poor lead and marketing system for such a large organization. Poor training on products. I felt unethical marketing practices, such as calling a client prospect and told to say , "I am following up on the information that was sent to you in your name." Nothing was sent out to follow up on, just get the appointment. Terrible commission system, financial wise you will suffer for the first 6 months or more. Run away from, waste of your time and career life. No Benefits, I asked about and not told truth....

    Advice to Management

    Be ethical, increase training on products, better marketing and lead system. Increase pay system, give a solid base pay for the first 6 months or year.

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

See Most Recent

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