Bankers Life reviews

3.8

63% would recommend to a friend

(2,250 total reviews)
avatar

Scott Goldberg

82% approve of CEO

63% positive business outlook

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).

Reviews by job title

2K reviews
2.0
Apr 17, 2018

Good luck

Recommend
CEO approval
Business Outlook

Pros

Makes you go out of your comfort zone. Get to be around good people in the office. Large payouts if can sell a type of product as a contracted insurance agent (1 company to sell from).

Cons

Too many. Driving for a minimum of 28 hours a week, getting paid only on commissions, working 60 hour weeks, making hundreds of phone calls with 70% of them being bad numbers, low educational training sessions, and influencing others unfairly. If you wish to become fond of MANIPULATING, this is the job. Why would someone be interested in someone who is one, not a financial advisor, and two, only selling insurance products from one company? Clients want options and an educated decision making process. Not manipulated by a Bankers contracted agent, solely selling Bankers products, with some of the highest prices in the industry. All this leads to buyers remorse and not truly helping people with what is best. Hard to sleep at night for everyone.

1.0
Feb 15, 2018

Scam Company Doing Unethical Things

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Honestly, none. Promises that are never kept or realized.

Cons

Scam company, misleading, unethical in their approach -- should be investigated for predatory practices.

1.0
Aug 10, 2017
Recommend
CEO approval
Business Outlook

Pros

I honestly cannot think of a single good thing to say about this company

Cons

Where do I start? To start, the job listing was dishonest. It makes no mention that this position is unpaid for 3 months - and possibly longer. I wasn't made aware of the "compensation" until the end of the interview when I asked about compensation. This isn't a job, it is an internship dressed up as a job. You are a 1099 employee - this also wasn't stated during the interview. You are responsible for your own leads. You are responsible for paying for half of your certification. Yes, you pay them to work there FOR FREE.

Viewing 61 - 63 of 2,250 Reviews

Glassdoor has 2,804 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.