Incredible Training and a Team That Wants You to Succeed
Pros
1. Comprehensive Training Program – Bankers Life offers in-depth training for new agents, including licensing support, sales coaching, and mentorship, making it a great place for those new to the insurance industry. 2. Unlimited Earning Potential – With a commission-based structure and performance incentives, highly motivated individuals can earn well above average, especially as they build their client base. 3. Flexible Scheduling – Agents often enjoy the ability to set their own schedules, which allows for greater work-life balance and independence. 4. Supportive Team Environment – There is a strong sense of camaraderie, with managers and coworkers offering continuous support and encouragement. 5. Opportunity for Advancement – Bankers Life promotes from within, and there’s a clear path for career growth into management roles for those who consistently perform and show leadership potential.
Cons
1. Commission-Based Pay Structure – While the earning potential is high, the lack of a guaranteed salary can be challenging, especially when starting out or during slower periods. 2. High Turnover Rate – The industry’s demanding nature and reliance on self-motivation can lead to high employee turnover, particularly among new agents. 3. Cold Calling and Prospecting – A significant part of the job involves lead generation and cold calling, which can be discouraging for those not comfortable with sales outreach.