Don’t fall for their trap - Anonymous employee Bankers Life Employee Review

1.0
15 Feb 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Training is fun. You get to meet some amazing people, both coworkers and clients. It can be an exciting job when you score a sale.

Cons

Don’t do it. I fell for their sales pitch and they said I had all these great qualities (just from looking at my resume posted on a job site). I am quitting soon because there are not enough leads to justify working on commission. Managers are snake oil salesmen. They make money off your hard work while you get a small percentage. You have to pay $600 for training and that’s all they need from you. It’s a part of the plan - get gullible people to pay for training and other licensing fees and then it doesn’t matter if you sell or not, they’ve already made a good ROI on you. I haven’t even made that money back despite working my tail off these last two months, so I will find a real job with a salary, a job in which a company is not blatantly trying to take advantage of me and the other agents.

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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