367 Insurance Agents from Bankers Life and Casualty submitted salaries.
Current CEO: Scott Goldberg
Status: Active
Bankers Life and Casualty is a long-standing insurance company that began in 1879 under the parent company Conseco. The business niche of Bankers Life is elderly insurance and supplementation such as long term care coverage or Medicare D. Potential insurance employees considering a position at Bankers Life will want to know the details of the position, compensation, training and benefits before starting any job position within the business.
The training program provided by Bankers Life is very good for anyone starting out in the insurance business and sales. The company teaches new employees how to make sales, how to use their system and the information about the products they are selling with the intention that they will be prepared to work with clients shortly after training. While the company does provide great training that generally lasts a week or more for most employees, this is only one aspect of the job.
Job security is another aspect many employees will wonder about when looking at Bankers. As an insurance company, job security is in general average when compared to similar companies. Agents are expected to make their own way and work hard toward that goal.
People who are considering Bankers Life and Casualty careers should take the time to find out about the benefits available through the company. In most cases, Bankers Life and Casualty benefits are non-existent. The majority of positions within the insurance business do not qualify for any benefits. As a company that is primarily commission-based for most employees, it is not able to offer insurance benefits or many other rewards. Some individuals might receive a bonus if sales are high enough.
Though the company does not offer benefits, working at Bankers Life does offer an interesting environment and job culture. As a commission based position, the Bankers culture is often self-motivated and determined. That results in a competitive and unwavering atmosphere that some individuals might find appealing as a job. Like many insurance companies, employees will have the opportunity to travel and see different areas as they discuss needs, insurance and policy information with potential clients.
Overall, Bankers is a good career opportunity for individuals who want to work in sales or insurance. It is not the best company for individuals who are not self-motivated or are not comfortable with cold calling. Anyone who is comfortable with selling products is likely to enjoy working for the company.
Unit Sales Supervisor is the highest paying job at Bankers Life and Casualty at $119,000 annually.
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