Bankers Life reviews

3.8

61% would recommend to a friend

(2,252 total reviews)
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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
2.0
Jan 12, 2012
Recommend
CEO approval
Business Outlook

Pros

People were nice to work with

Cons

Commision was taken back when I left. It was devestating on my financial.

3.0
Jan 11, 2012
Recommend
CEO approval
Business Outlook

Pros

100% commissions Great training opportunity Set your own hours

Cons

100% commissions No up front salary

1.0
Dec 19, 2011
Recommend
CEO approval
Business Outlook

Pros

They train new agents pretty well.

Cons

Management is very shady and secretive when it comes to informing prospective agents of how they will be compensated during their training period. They tell you that training is paid, but what they don't tell you is that even when you're training in the field your pay is based on whatever policies you sell, and then you have to split that 50/50 with your field trainer. If you come into the job with little to no money (because they don't tell you that you need to have money set aside to support yourself until you get your "business" off the ground) expect to spend that money on gas driving back and forth to work and driving all over the city to meet with clients. Not only do they expect new agents to foot the bill for everything, including, like I said before, gas, stamps, and other office supplies, they expect you to do it with no financial assistance whatsoever. The point I'm trying to make is, I guess the job is okay if you have about six months worth of money saved up to support yourself while you build your business. It would have been nice if management had been forthcoming with this kind of information before I wasted money on licensing, fingerprinting, and test taking.

Viewing 2194 - 2196 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.