Bankers Life reviews

3.8

63% would recommend to a friend

(2,249 total reviews)
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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 2,249 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).

Reviews by job title

2K reviews
1.0
May 11, 2017

Sales Agent

Recommend
CEO approval
Business Outlook

Pros

There are no good reasons to work at Banker's Life. Seriously. I mean that 100%

Cons

Zero , zero,zero training pay. Cold calling and tormenting seniors from call lists circulated time and time again. It's a huge scam. Nothing more. You'd do better, much better, part time at Walmart.

3.0
Jan 6, 2015
Recommend
CEO approval
Business Outlook

Pros

If you like seeing the state and driving everywhere then you'll enjoy this job. Potential for a decent income is there and the training is pretty good for entering the insurance trade.

Cons

Favoritism in the office is insane. Give all the leads to a few agents. Cold call your face off and lie to old people to get an appointment. Commission percentages are ridiculously low.

3.0
Jul 18, 2019
Recommend
CEO approval
Business Outlook

Pros

They give an excellent presentation as to why you should work for Banker's. The only problem is that they don't do what they promised.

Cons

They do not pay you what they promised to pay you. I did not feel the company was very ethical and they don't really care because it was our Insurance License on the line. Promise you leads that you never get and then have you make phone calls all day or cold call. Once you have some really good leads lined up, the managers take the leads you provide and you never get paid for them. I could not work for a company like Banker's. I really thought I found a great company to grow with. I did not. What I did find was what I believed to be an unethical way of doing business.

Viewing 25 - 27 of 2,249 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.