Poor, many flaws all around, save your time and money. - Insurance Sales Agent Bankers Life Employee Review

1.0
Jan 16, 2015
Recommend
CEO approval
Business Outlook

Pros

Good training and resources to better sales ability.

Cons

Where to begin... Upper management will get you to buy in and drink the kool aid, and make it seem like you can make tons of money if you follow their outline, its WAY harder than that. Also its a constant revolving door, they get all these employees to buy in and I know and have seen that not even 10% (probably more like 5%) of them even make it 6 months or even a month in most cases. My tenure was much longer than most new agents, because i had the motivation and drive to at least see it all the way through as long as possible until I just couldn't any longer financially. Most people realize fairly quickly that its impossible to make money following their guidelines and using the resources accordingly. 3 days are making appointments cold calling recycled numbers and two days in the field. Some fresh leads will come in every now and then but they are going to the top sales agents in the building not the new agents, which is understandable, again though making it hard for a new agent to succeed. On field days you can make the most of it by knocking on doors if you dont book appointments but most people dont respond well to that.Their resources are stretched entirely too thin. You get recycled leads, and every person in the office has access to the same numbers you have. Therefore people are cold calling the same people day after day, good luck setting an appointment. You can last if you have a pool of money to put into it and time to make it work. You also NEED some type of natural market friends, familes, etc, that you can sell your product too, you really HAVE to have some type of natural market to make this career work. If you depend solely on their resources completely to make it you will starve and go broke.I wasn't expecting it to be easy I was ready to grind and I did eveything to make it work, but theirs only so much you can do.

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5.0
May 6, 2026
Recommend
CEO approval
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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".

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