Great people, very low pay - Underwriter Bankers Life Employee Review

3.0
6 Jan 2009
Recommend
CEO approval
Business outlook

Pros

The people below senior management level are 'long-timers', which speaks volumes for the good company it WAS to work at. They have seen a lot of change in the past 8 years, not at all for the best. The people are Bankers' greatest asset. Also, some jobs offer telecommuting.

Cons

The employees come last, priority-wise, with pay and advancement opportunity while senior management is very well-compensated with salaries and sign-on bonuses. It's a sweatshop for the rest of the people...little to no work-life balance. Close to impossible if you're a working mom. Get ready to put in a lot of extra hours twice a month, at quarter-end, and at year-end. The exempt (salaried) employees are just expected to work these extra hours without compensation (no pay, no comp time). Non-exempt employees who earn very little to begin with are paid for the overtime.

Explore other reviews about Bankers Life

5.0
6 May 2026
Recommend
CEO approval
Business outlook

Pros

Friendly staff and good atmosphere

Cons

I don’t have any cons.

5.0
26 Apr 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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