Bankers Life reviews

3.8

63% would recommend to a friend

(2,249 total reviews)
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Scott Goldberg

82% approve of CEO

63% positive business outlook

Bankers Life has an employee rating of 3.8 out of 5 stars, based on 2,249 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bankers Life employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
5.0
Sep 23, 2025
Recommend
CEO approval
Business Outlook

Pros

Supportive and Collaborative Teammates: The people I work with are not just colleagues; they are a friends! Directly Rewarded Effort: I love that my hard work directly translates into increased earnings, motivating me to push my limits and achieve my goals.

Cons

Success here is built on a foundation of high standards, which can be demanding but also pushes you to produce your best work

4.0
Sep 22, 2025
Recommend
CEO approval
Business Outlook

Pros

Training - excellent and continuing. Bonus increases with productivity. Management easy to access and very supportive

Cons

Cold calling for appointments. Many people find this very difficult early in their career, and many leave within the first 4 months.

1.0
Sep 22, 2025

Run away, don’t walk

Recommend
CEO approval
Business Outlook

Pros

I wish there was one Pro. There are a couple of people there that are nice to work with. That’s about it

Cons

This is a 1099 position and yet you will be yelled at and berated on an almost daily basis. I say almost because you are expected to be in the office and on the phone making cold calls (they will tell you they are leads but they are not) pretty much all day long trying to get appointments to go visit prospective clients in their homes. If you do get an appointment expect that the prospect won’t be home or won’t let you in. If they are home and do let you in then you do have a shot at making a sale, however…. In the beginning you are supposed to be paired with a training manager who you are supposed to watch as they make a sale. The process should be that the manager puts both of your names on the sale so that you both get paid, You are in the field on these appointments 3-4 days a week and will sometimes drive nearly two hours to these appointments. Expect a lot of mileage, wear and tear and gas expense. The worst part of this office, however is the management. The head guy gets paid on how many new agents they employ, they don’t have to stay long so they really aren’t invested in your success. Also, once you get fed up by being treated like garbage, any policies you DID sell will be turned over to the managers so that they will get residuals and pad their books of business. If you like high stress and little money, getting yelled at being treated horribly even though you are 1099 then this is the place for you.

Viewing 61 - 63 of 2,249 Reviews

Glassdoor has 2,803 Bankers Life reviews submitted anonymously by Bankers Life employees. Read employee reviews and ratings on Glassdoor to decide if Bankers Life is right for you.