Bankers Life Reviews

Updated 27 Feb 2021

To filter reviews, or .
3.7
66%
Recommend to a Friend
90%
Approve of CEO
Bankers Life President Scott Goldberg
Scott Goldberg
546 Ratings
Pros
Cons
  • "I found a company that offers 100% commission(in 90 reviews)

  • "Leads are trash and you seat in your small cube making cold calls all day for FREE(in 81 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. "I like it...."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker in Kol
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for more than 5 years

    Pros

    You can enjoy and it is easy for you to handle people so you can go for it

    Cons

    I like it gi for it dont tak extension

    Continue reading
  2. Helpful (253)

    "Tremendous Opportunity"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Sales in Bridgewater, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time

    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".

    Continue reading

  3. Helpful (162)

    "Changed my family's life."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Agent in Paducah, KY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for more than 5 years

    Pros

    No one determines how much I'm worth or how much my time it worth. I earn what I put into the career. By far the most rewarding career I've ever been in and it keep getting better every year. The bonuses during the 1st year of the career are great while one get momentum, and the fact that bonuses are ongoing all year long, makes it even a better incentive to work hard.

    Cons

    Not sure if this is a "con". The fact that we are in commission only instead of salary or hourly pay makes it possible for us to get paid our full commissions! I've seen hourly wages in other companies, and it's a shame someone made $100 a day in hourly wages when they could have made hundreds more with the same effort and production if they were in commissions. If anyone is looking for a job where you can just milk the clock and get paid, this is not it. But if you're looking for a vocation or career that pays you what you're worth? This is it.

    Continue reading
  4. "Rewarding Career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Representative 

    I have been working at Bankers Life full-time for more than 5 years

    Pros

    Bankers Life is an amazing place to work. It can be difficult to get started but the harder you work, the more it pays off.

    Cons

    If you do not want to take ownership of your career you will not do well.

  5. "Great opportunity"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Unit Field Trainer - Insurance Agent 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankers Life full-time for more than a year

    Pros

    At Bankers you get to create your own schedule. Unlimited earning potential with a great work atmosphere. Bankers has a great team atmosphere and everyone is willing to help each other when needed.

    Cons

    This is not a con but you get out of this opportunity what you put in.

  6. "Amazing place to work. Would recommend."

    5.0
    Former Employee - Account Executive 

    I worked at Bankers Life full-time

    Pros

    salary, work life balance, others

    Cons

    Coffee maker was broken. Okay.

    Continue reading
  7. "Great imployer"

    4.0
    Former Employee - Sales Representative 

    I worked at Bankers Life full-time

    Pros

    Great pay great benefits too

    Cons

    None that I can think of

  8. "Great start to sales"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Licensed Insurance Agent in Salem, OR
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bankers Life full-time for less than a year

    Pros

    A ton of potential here.

    Cons

    It is commission only so it gets rough at times.

  9. "ib"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bankers Life full-time for more than a year

    Pros

    challenging and very motivating to work

    Cons

    long working hours but gotten used to it

    Continue reading
  10. "Great Place To Work"

    4.0
    Current Employee - Claims Examiner in Chicago, IL

    I have been working at Bankers Life full-time

    Pros

    Great co-workers, good company policies

    Cons

    Long hours, pay doesn't always match job roles

Viewing 1 - 10 of 1,423 English Reviews

Work at Bankers Life? Share Your Experiences

Bankers Life logo
or