Bankers Life Careers and Employment

The training is good for a new agent but don't expect to earn enough to pay the bills or eat. This is a 100% Commision job in which you pay for everything bussiness cards, pens, etc.. also Training Cources and exams for Licences for the right to sell Bankers life products, Sales Leads, E&O insurance. You pay for pretty much everything except the phones and a desk which is coming from your sales etc.Bankers Life in Chantilly has a very active revolving door of Agents who leave due to the lack of income. And Leave the residule business income sold to the branch manager.You are expected to share 50% of your commisions with more senior agents who help you sell on client visits...So your goal is to last long enough so you can leach of the new agents who are trying to start of in the insurance industry...

Insurance Agent in Columbus, OH

on August 9, 2022

Great Work/Life balance

Great Work/Life balance, allows freedom to enjoy your life and earn commissions, bonuses and incentive trips. Management wants all to succeed and offers training to support mission.

Licensed Insurance Agent in Oklahoma

on August 2, 2022

Terrible job

You won’t make any money. You have to do a lot of driving and knock on peoples doors. You also have to big people a do cold call. Not sure what else I can say about it but it’s less a turning point in my life and a very difficult job position.

Insurance Agent in Clarkston, MI

on July 29, 2022

Great atmosphere and Team Oriented

I’m only a former agent with Bankers due a few things. I have many outstanding commissions waiting to be paid, due to underwriter issues or clients not getting things done on their end. The sales in between have been slow and low for me to live off of. They preach for you to keep prospecting, prospecting and prospecting. By achieving this means LOTS of cold calls from somewhat warm leads and LOTS of door knocking through a system app for those turning 65 years old. Ultimately, due to mediocre pay and the cost of fuel rising, I got to a point where I could afford to work. If you are referred in you get a nice matching plan and your referee gets a nice bonus if you meet your goals. You also get matches when you make SNA. So that’s a huge perk.I can’t speak good enough about the team in the office. From the Branch manager to the training supervisors and from agent to agent, they are a team that strives on the best they can for each other to grow and be successful. There are however some agents that do get to team up with their team leaders more than others, which helps the agent, which may appear a little unfair, like they’re being carried. There is room for growth to become a trainer / supervisor, which will transfer your agent 1099 status to on the books with benefits.The only other piece that leaves a light bad taste in my mouth was the expectations of a 1099 self employed agent in comparison to a W2 employee. Many times are there expectations that shouldn’t be made of a self employed agent that you can make of an employee of the company. Examples, time for office days, expected to be there at a starting time, expected to stay until a prescribed time (prospect days). Training days and times were mandatory. Dress code is a certain way. Mandatory training zoom calls on Saturdays (6th work day) Mandatory expectation following the zoom were the door knocks on Saturdays (6th work day) in addition to what you’ve done during the week between appointments. The take away for me to not really complain about the above mentioned is the training you get from your managers and peers. You do get the best trainings and great people to work with.It’s commission only. So you kinda have to work a lot. If you’re coming into this your first year, please understand you will have to work A LOT so that you can have a nice residual following the second year and following. I encourage you to not start this career here without some backup savings that can help you with bills and gas, or you will struggle.I wish you the best future agent!

Sales agent in St. Petersburg, FL

on July 25, 2022

Lies and liars

You are promised great leads yet you are given stale leads and berated for not producing, if you leave the sales you have made are transferred to other people and they take back the money you earned from your sales!

See all reviews

What would you say about your employer?

Help fellow job seekers by sharing your unique experience.

Write a review

Questions and answers

People have asked 292 questions about working at Bankers Life. See the answers, explore popular topics and discover unique insights from Bankers Life employees.