Is Bankers Life a good company to work for?

Bankers Life has an overall rating of 3.8 out of 5, based on over 2,806 reviews left anonymously by employees. This rating has decreased by 3% over the last 12 months. 61% of employees would recommend working at Bankers Life to a friend and 62% have a positive outlook for the business. The best reviews about Bankers Life have been left by employees working as Branch Sales Manager , Unit Sales Manager and Unit Supervisor .

Does Bankers Life pay their employees well?

According to anonymously submitted Glassdoor reviews, Bankers Life employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at Bankers Life. This rating has decreased by 6% over the last 12 months.

How satisfied are employees working at Bankers Life?

61% of Bankers Life employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Bankers Life 3.5 out of 5 for work life balance, 3.8 for culture and values and 3.9 for career opportunities.

What are the top reviewed jobs at Bankers Life?

Insurance Agent (822) , Insurance Sales Agent (159) , Licensed Insurance Agent (131) , Agent (104) , Sales Representative (57) , Unit Field Trainer - Insurance Agent (42) , Insurance Agent 1099 (40) , Insurance Sales Representative (38) , Sales Agent (38) , Leiter Job-Shop-Automatisierung Und Steuerungsbau (35) , Financial Advisor (33) , Recruiter (33) , Unit Sales Manager (30) , Sales (28) , Insurance Producer (26)

What are the pros of working at Bankers Life according to real employee reviews?

"There are opportunities for growth and great training to help prepare you for the career path you choose." ((in 364 reviews)); "You meet great people and you all usually get along because you know what each other is facing and challenging" ((in 163 reviews)); "The company offers great training programs on a weekly and monthly basis." ((in 67 reviews)); "quarterly bonuses which are very easily attainable." ((in 57 reviews)); "The company has really continue to evolve in a positive manner and has really created a strong culture and great career track for financial professionals." ((in 53 reviews))

What are the cons of working at Bankers Life according to real employee reviews?

"It is Commission only and that is tough" ((in 253 reviews)); "The result was that I made no money." ((in 81 reviews)); "The management is poor and cold calling all day is stressful and can not advance unless you are a favorite agent." ((in 81 reviews)); "Long hours on the road with managers/trainers who push and some who don't even take lunch breaks." ((in 63 reviews)); "No benefits what so ever for independent agents besides bonuses that you can earn every quarter." ((in 58 reviews))

What are the top reviewed Bankers Life locations?

Chicago , Portland , Tampa , Wilmington , Jacksonville , Atlanta , Greensboro , Lakeland , Clearwater , Louisville , San Diego , Denver , Sarasota , New Bern , Brentwood , Richmond , Grand Rapids , Pittsburgh , King of Prussia , New York , West Palm Beach , Edina , Kansas City , Springfield , Tucson , Columbus , Milford , Lexington-Fayette , Houston , Miami

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Bankers Life

Part of CNO Financial Group

Bankers Life reviews

3.8

61% would recommend to a friend

(2,252 total reviews)

Scott Goldberg

82% approve of CEO

62% positive business outlook

Ratings by category

4.1

Diversity & inclusion

3.9

Career opportunities

3.8

Culture & values

3.7

Senior management

3.5

Work/Life balance

3.5

Compensation and benefits

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

3.0

Feb 29, 2012

Good job for the right person

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Lots of flexibility, very open communication, plenty of opportunities for extended training and growth, very diverse environment, and ability to make your own schedule of appointments

Cons

It was extremely difficult to survive solely on commission, at least for me. When the commissions did eventually come in, there was always a possibility of it being relinquished if the customer canceled their policy or if it lapsed. Management also expected you to pretty much devote your whole life to the position. If you're not excited about heavy pressure selling or passionate about insurance, I wouldn't recommend this position.

4.0

Feb 28, 2012

You reap what you sow.

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Flexible work schedule. Friendly work environment. Management communicates thoroughly. Go over changes everyday over new or old material. Can be promoted to management if your good at it.

Cons

A lot of product material to go over. If you never worked on commission before its a an eye opener because you can go broke quick. Once you quit, friends you thought you had, stop communicating with you.

1.0

Feb 20, 2012

Hard Industry to start it

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

Support from management Lots of Training Highly motivating speechs daily Ability to make high commisions The experience was confidence building

Cons

100% Commission makes for a stressful environment Sink or swim mentality High turnover rate Impossible expectations Few people really seemed successful

Viewing 2188 - 2190 of 2,252 Reviews

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