Bankers Life reviews

3.8

62% would recommend to a friend

(2,250 total reviews)
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Scott Goldberg

82% approve of CEO

61% 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
1.0
Nov 21, 2013
Recommend
CEO approval
Business Outlook

Pros

May meet some decent, sincere, and caring agents that are in the same boat as you. Your Branch Manager makes 30% of your sales, so your making them lots of money, and you get to split whats left of your comission 50/50 with who ever your training with that day!

Cons

No base salary, if you have to get licensed its going to cost about $400.00 for everything, No paid training, expect to make zero dollars in first three months, and very little if any for the first year. Work about 50 hours a week, some weekends, cold calling the same phone numbers repeativly to book your own appointments, and be pressured to call all your friends, relatives, anyone you know, to sell Insurance to. Drive around town on your own gas money and knock on peoples doors to try and book appointments. You can work your butt off and make nothing at all. But they will always tell you how much money you CAN make, and how rich they (managers) are from doing it. O yeah, and u have to split your comisssion with who ever you are partnered up with for the day.

1.0
Mar 19, 2013
Recommend
CEO approval
Business Outlook

Pros

My direct supervisor was really helpful,also a very nice.Also fellow employees were. also very personable. I also really enjoyed meeting with clients.

Cons

Job was 100% commission leads were paid for by employees and were almost worthless Lots of charge backs. Upper management was terrible and not helpful at all. You got paid for sales but no yearly residual. .

1.0
May 9, 2010
Recommend
CEO approval
Business Outlook

Pros

Salary was usually on time. I had excellent immediate leadership -- i actually really liked my boss. The problem is leadership with the rest of the company. The workspace was modern and in good shape. Most of my colleagues were good people and personable.

Cons

Worst IT department I have ever seen. No minorities or women in leadership and very few in line for it. I doubt it will happen - there is very little diversity in the firm, especially at the highest levels.

Viewing 106 - 108 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.