You get what you put into it - Insurance Agent Bankers Life Employee Review

4.0
21 Jul 2011
Recommend
CEO approval
Business outlook

Pros

flexible hours. This is %100 commission so you can as little or as much as you want (though you are expected to be in the office 2 days a week for prospecting (telemarketing). Great training- training is big with this company I had a week long training course followed up by weekly courses and certifications in the office Great management (at least in my office) Great products

Cons

100% commission Training focuses more on sale than product knowledge You should have some money saved before starting because you will probably starve for 3 to 4 months. This is because you have to develop a referral base. If you rely on your telemarketing leads you will not make it. No benefits- (until you reach certain sales goals). I think it is somewhat ironic that you sell insurance products and don't have any insurance yourself. You are a captive agent- This give you less product options.

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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