Bankers Life reviews

3.8

61% would recommend to a friend

(2,252 total reviews)
avatar

Scott Goldberg

82% approve of CEO

62% positive business outlook

Bankers Life has an employee rating of 3.8 out of 5 stars, based on 2,252 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
1.0
Sep 6, 2024
Recommend
CEO approval
Business Outlook

Pros

The pros were some of the people I met in the role.

Cons

My review is prompted by seeing a new LinkedIn post for a role at Bankers Life, now titled 'Financial Services Professional.' They list a range of perks, but in reality, these are just false promises. I was fully misled into accepting a similar role and pressured into making an immediate decision(which alone isn't ethical). They require you to spend your own money on ineffective marketing materials, all while working on 100% commission. Although they promote a hybrid schedule, there's pressure to be in the office, and you'll be publicly singled out if you need to work from home. I was also misinformed about the existence of a base salary. While I succeeded in the role, the branch manager's ethics were questionable, though the other managers were great. I'd recommend steering clear of insurance production roles here!

2.0
Sep 4, 2024
Recommend
CEO approval
Business Outlook

Pros

they purchase leads for you, you can make your own schedule, lots of training

Cons

This is a 1099 job where they implement strict and rigid schedules so in reality it no longer ends up being 1099. There is huge pressure and expectations to work beyond they're "recommended" hours. You will be spending almost half your days wasting away with an inability to earn or make money as you're being told it is a. necessity for training. This should only really be something you considered if you are completely willing to disrupt your entire work life balance otherwise run.

Viewing 211 - 213 of 2,252 Reviews

Glassdoor has 2,806 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.