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
2.0
May 2, 2011

Great to learn, not good enough to stay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ability to learn and start from the ground up is great here. You can build a business without having any previous sales experience.

Cons

The commission is poor compared to other companies and the products are sub-par. They can be expensive so if the client wants to 'shop around' you get your commission charged back. If you don't work hard then you will fail. You have to be good at cold calling or at least willing to learn without being afraid of rejection.

3.0
Jan 6, 2011

Challenging

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Sky is the limit on what you can make - 100% commissions - long hours/hard work - its up to you.

Cons

Required to pay for large fee licensing including tests, charged for office supplies and leads, chargebacks all the time.

2.0
Feb 24, 2010

Interview

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great training program if you can learn from a book/online. The one on one training dis not happen in my branch. Great bonus structure and commissions.

Cons

BSM was under trained and no sense of do the right thing at all.

Viewing 2224 - 2226 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.