Bankers Life reviews

3.8

61% would recommend to a friend

(2,251 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 2,251 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
Jan 23, 2011

Good education, bad office

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They give you a good base of knowledge on the industry. The training package both classroom and online is very good.

Cons

False promisses and omisions about actual cost. Trainers are supposed to help new agents but seem to ride along to get their own commision. You are supposed to be independent by they tell you where and when you can work.

2.0
Jan 12, 2011
Recommend
CEO approval
Business Outlook

Pros

Theoretically, you are a 1099 contractor. They paint the rosy picture regarding trips and earnings. However, in reality, they expect you to give up weekends and evenings for 6 months. - everything is bet on residuals, in which 75% are not around anymore to benefit. The "orphan accounts" and then given to only a few of the inside people.

Cons

You DO NOT have any access to managment to get questions answered from policyholders. They invoke the word "green time" and you are chastised if you take a call from a policyholder during these 2 hr blocks of time. This is NOT what customer service is about. "Do what I say, NOT what I do, is the manager's mantra."

4.0
Jan 10, 2011

Be ready to Cold Call

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work environment. Group definitely likes to work hard and party harder. The opportunity is great if you are able to get in front of enough people

Cons

COLD CALLING. Its all about getting in front of people. If you can't trick someone into meeting with you over the phone, you won't make it.

Viewing 2218 - 2220 of 2,251 Reviews

Glassdoor has 2,805 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.