If you get called for an interview turn it down! - Insurance Agent Bankers Life Employee Review

1.0
3 Feb 2015
Recommend
CEO approval
Business outlook

Pros

Typically if you are 1099 you can make your own schedule. Don't expect that here, management expects you to be at meetings during the week. 100% commission can be a pro if you are good at sales. Training by Andrew is excellent.

Cons

Management will not tell you all the costs involved in this position while you are interviewing. You will see it when you start signing paperwork, if you ask about it they will brush you off. Management is in a constant competition with one another on who to sign up so will take anyone. Agents will go in and rewrite your business if they can get away with it. Agents and leaders have been known to take new people to homes, do a presentation, no business is written, then the senior agent or leader will go back and write business and keep all the commission. After an agent leaves business if they have written business with another agent they have been known to go rewrite so agent that left gets a charge back and the other agent keeps the commissions.....lots of charge backs. Phone scripts appear to mislead customers, anything to get you in the house.

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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