Is Bankers Life a good company to work for?

Bankers Life has an overall rating of 3.8 out of 5, based on over 2,804 reviews left anonymously by employees. This rating has decreased by 3% over the last 12 months. 63% of employees would recommend working at Bankers Life to a friend and 63% 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 3.6 out of 5. Find out more about salaries and benefits at Bankers Life. This rating has decreased by 5% over the last 12 months.

How satisfied are employees working at Bankers Life?

63% of Bankers Life employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Bankers Life 3.6 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?

"They have great training and you will leave their knowing how to communicate through sales." ((in 343 reviews)); "You meet great people and you all usually get along because you know what each other is facing and challenging" ((in 162 reviews)); "Great training program (Takes a Few Months) and they give you a lot of training in the first few months to succeed." ((in 62 reviews)); "And quarterly bonus program is nice." ((in 58 reviews)); "Good managers and structure." ((in 49 reviews))

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

"It is Commission only and that is tough" ((in 236 reviews)); "The result was that I made no money." ((in 80 reviews)); "The management is poor and cold calling all day is stressful and can not advance unless you are a favorite agent." ((in 79 reviews)); "Long hours on the road with managers/trainers who push and some who don't even take lunch breaks." ((in 67 reviews)); "No benefits what so ever for independent agents besides bonuses that you can earn every quarter." ((in 57 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

63% would recommend to a friend

(2,250 total reviews)

Scott Goldberg

82% approve of CEO

63% positive business outlook

Ratings by category

4.1

Diversity & inclusion

3.9

Career opportunities

3.8

Culture & values

3.8

Senior management

3.6

Work/Life balance

3.6

Compensation and benefits

Bankers Life has an employee rating of 3.8 out of 5 stars, based on 2,250 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

Jun 24, 2010

Bankers Life

Field trainer

Recommend

CEO approval

Business Outlook

Pros

flexible schedule, training, overrides for management

Cons

overpriced, noncompetitive products, lack of integrity amongst all members in company, muscling seniors for appointments

3.0

May 26, 2010

Good place to start insurance career

Insurance agent

Recommend

CEO approval

Business Outlook

Pros

It's a good place to start insurance selling, they have decent training and go on appointments with you. Overall they have ok support for new agents and help you for the first 2 months. After that you are on your own.

Cons

its 5 years before you own your renewals. They promise qualified leads but 99% of it is cold calling lists. Commissions can be higher at other insurance carriers. You aren't allowed to sell for any other company but bankers which limits your service to the client.

5.0

May 18, 2010

Satisfied

Agent

Recommend

CEO approval

Business Outlook

Pros

It seems as though the majority of people posting didn't actually take the job. Yes, it is a commission only job. They are up front about it. Yes, they do set your hours, but they do so in order to help you get your business off the ground. This company does a very good job of training new people, and I have found that the other agents are very helpful. There is good money to be made from helping people be protected, if you're not afraid to work. Incentives and bonus programs are also available.

Cons

Working evenings - but that this the nature of the work. You have to see people when they are available.

Viewing 2230 - 2232 of 2,250 Reviews

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Entry Level Insurance Sales Agent - Hybrid Remote (CA)

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Entry Level Insurance Sales Agent - Hybrid Remote (CA)

Entry Level Insurance Sales Agent - Hybrid Remote (CA)