Bankers Life Pyramid Scheme - They leverage cutting edge technology: Contact and lead management, electronic. Read what insurance agent employee has to say about working at bankers life: There is no salary or hourly pay, it’s commission only and it’s a predatory mlm scheme. Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: Contact and lead management, electronic. Much like a pyramid scheme works. The company also doesn’t care about exsisting policy members unless they want to buy more coverage. The work place culture is horrible. Bankers life has an overall rating of 3. 5 out of 5, based on over 2,611 reviews left anonymously by employees. 55% of employees would recommend working at bankers life to a friend and. This employer has claimed their employer profile and is engaged in the glassdoor community. How does your company compare? You sell different insurance products to people and all compensation is based off bonuses/ commission for. The company functions in a pyramid scheme, where they use the agents to make the money for them. You will be cold calling all day or pushed to door knock, only to see your trainer doing. You learn a lot about life insurance and financial products. They do a good job of teaching you those things. He alleges that his hiring by bankers life was part of a pyramid scheme in which bankers life hires more agents than it needs in order to exact the fees it charges new agents, and to claw.
They leverage cutting edge technology: Contact and lead management, electronic. Read what insurance agent employee has to say about working at bankers life: There is no salary or hourly pay, it’s commission only and it’s a predatory mlm scheme. Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: Contact and lead management, electronic. Much like a pyramid scheme works. The company also doesn’t care about exsisting policy members unless they want to buy more coverage. The work place culture is horrible. Bankers life has an overall rating of 3. 5 out of 5, based on over 2,611 reviews left anonymously by employees. 55% of employees would recommend working at bankers life to a friend and. This employer has claimed their employer profile and is engaged in the glassdoor community. How does your company compare? You sell different insurance products to people and all compensation is based off bonuses/ commission for.