Great Place to Start in the Industry - Insurance Agent Bankers Life Employee Review

4.0
11 Feb 2026
Recommend
CEO approval
Business outlook

Pros

-Leads are provided for -Great office culture/environment -Company events and incentives -Great training & mentorship early on for those new to the industry -Commission match program for the first $16k of commission

Cons

- 1099 Commission-only -Captive in certain product categories (annuities/ LTC/Permanent Life/Med Supp) & compensation incentivizes sales of BL insurance vs other products from other companies -Trainings seem to stay tuned for the newer people -Leads may not be the best quality -Aggressive hiring of new people over retention of good 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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