Great Place to Start in the Industry - Insurance Agent Bankers Life Employee Review

4.0
Feb 11, 2026
Recommend
CEO approval
Business Outlook

Pros

-Leads are provided for -Great office culture/environment -Company events and incentives -Great training & mentorship early on for those new to the industry -Commission match program for the first $16k of commission

Cons

- 1099 Commission-only -Captive in certain product categories (annuities/ LTC/Permanent Life/Med Supp) & compensation incentivizes sales of BL insurance vs other products from other companies -Trainings seem to stay tuned for the newer people -Leads may not be the best quality -Aggressive hiring of new people over retention of good agents

Explore other reviews about Bankers Life

5.0
May 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Friendly staff and good atmosphere

Cons

I don’t have any cons.

5.0
Apr 26, 2016
Recommend
CEO approval
Business Outlook

Pros

Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: contact and LEAD management, electronic business submission, an incredible proprietary mobile application. I have 11 companies I can be appointed with - making sure my clients get the best program for what they NEED. A great opportunity to receive great training, work with great people and make a great living, all for helping people.

Cons

This opportunity is just that, an opportunity. Those who don't take advantage of it won't think it is a good one. Even successful people deal with a ton of rejection, thick skin is needed. With a 40% closing ratio, I still hear "No" more than "Yes".

279
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