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      Bankers Life

      Part of CNO Financial Group

      Engaged Employer

      Bankers Life reviews

      3.8

      63% would recommend to a friend

      (2,249 total reviews)
      avatar

      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 2,249 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

      Reviews by job title

      2K reviews
      3.0
      Oct 24, 2017

      Disheartening

      Insurance sales agent
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great training. They spend a lot of time and money to teach you all about the insurance plans you are going to sell for them and give you plenty of practice to learn the scripts and everyday that they have you come in to the office they try to give you lots of motivation and training. If your good at selling and very motivated you can make a lot of money.

      Cons

      They force everyone into a mold they want you to follow. Forming your own leads or thinking outside the box is discouraged. Cold calls seem to get you no where. Most of the people who are home, willing and able to pick up a phone at the times they want you calling are the people who don't work so they don't have the money to buy what you are selling.

      1.0
      Nov 23, 2015

      Agent

      Insurance agent
      Recommend
      CEO approval
      Business Outlook

      Pros

      there are no pros. the whole business model is based on misinformed employees that think they have a future but quickly learn (or dont) that they dont.

      Cons

      Pyramid Scheme. They claim you make 20,000 your first year and then 50, 75 and 100k by accumulating commission but in reality your numbers don't match up and the small number of people still remaining over 3 years still seemed to be broke and struggling to get by. i had the top sales many months and couldn't afford rent. after 3 months and you are a successful new agent thats when its the hardest. They make you pay for recycled leads just so they can take all the good ones and feed you motivational videos to cloud your judgement. Also you have to think about saving for taxes. this will be a few thousand depending on how much you make. so really your first year you will be lucky to make 10,000 after paying for gas and everything.

      1.0
      Oct 23, 2015

      Always a good review next in line

      Insurance agent
      Recommend
      CEO approval
      Business Outlook

      Pros

      I was an insurance sales agent in Alabama. The training from corporate was great, the training from my location was nonexistent. But isn't interesting that after every negative comment posted here, someone types a good one????

      Cons

      How someone is trying to influence people to join the company with fluffed up comments. Why is the turnover so high, for the job is simple, the support at my branch was not. Yes you hustle, but if you pay $250 for leads every two weeks and get ones that are two weeks old and already called, why do you think people leave.

      Viewing 37 - 39 of 2,249 Reviews
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      ReviewsBankers Life reviews

      Glassdoor has 2,803 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.