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

1.0

May 2, 2012

Started with high hopes and then quickly realized that this was not a company that I wanted to represent.

Insurance sales representative

Recommend

CEO approval

Business Outlook

Pros

Trainings were very good - at least the ones that were given at the corporate level.

Cons

The agents that I worked with were over-all good people but I felt that the management team especially lacked the ethics that I feel are necessary in a good insurance agent. I felt that commissions were often pushed by management even when a product was not suitable for a client's needs.

5.0

Mar 3, 2012

If you want to help people, are willing to work hard and overcome your fears, this is the place for you.

Agent

Recommend

CEO approval

Business Outlook

Pros

Help people and rewarded for doing so.

Cons

Long hours, but you are working to make your business successful.

1.0

Feb 7, 2012

Good training, bad company

Sales agent

Recommend

CEO approval

Business Outlook

Pros

I was fairly satisfied with the training that Bankers offered. You have to go to a two day class so that you can take the test to get your insurance license (you have to pay for it). Then they send you to a week long orientation about how to interact with potential clients and anything else you would need to know about the job. I was also given a mentor who would go with me into the field and help me develop my skills, very helpful.

Cons

Besides the training, there was not much that I was impressed with. I felt that the company did not have a care in the world for their employees. They wanted their sales agents to make the company money, while at the same time not investing anything into the agents. The company did not reimburse us for the cost of getting our license, taking classes, or even provide lunch at the training. Two days a week you are cold calling for the entire day, this is how agents are supposed to get their clients. I don't have a problem with this, but during the interview they will tell you that you don't have to cold call. The branch I was at had such a high turnover rate that they hired at least a handful of people every month. Sales is a tough job, but Bankers Life and Casualty makes it near impossible.

Viewing 2203 - 2205 of 2,252 Reviews

Jobs at Bankers Life

Customer Service Representative - Call Center

Wealth Management Trainee (GA)

Wealth Management Trainee (MO)

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Wealth Management Trainee (AZ)