Log in

View Full Version : Is Bankfers Life & Casualty Co good company to work for?


tombabula
Jul 6, 2007, 11:43 AM
I just got call from them today for interview next week. I would like to know if anyone has worked for that company and what was your experience. Bankers Life is an insurance company specializing in selling term insurance,life insurace, annuitiesm medicare supplement for seniors. Looks like very legitimate company, more than Primerica or Vector Marketing or Amway.
They called me to come for interveiw and bring my copy of resume and dress professionally.
But it does not look as good as State Farm or Blue Cross Blue Shield. Certainly their products are limited. The thing that I see yellow flag is that when they called me, they did not tell for what position I would be interviewed. It does look like I will be interviewed for sale on commission. It is Ok, I may try as long as I won't have to pay for training or license. It would waste of time and money. Also another turn-off would be for me to make cold-calls and visit homes. Anyway who wants strangers at home?
Currently I am actively looking for job and before they called I planned to apply-in-person in couple places in downtown and job agencies. Of course I used Monster, CareerBuilder but that does not seem enough to land on job. So I am asking here in this forum in order to determine if its worth to go to their interview or better go to downtown. Thanks in advance.

Fr_Chuck
Jul 6, 2007, 03:49 PM
They are one of the biggest, much bigger than BC ad BS, BC and BS are regional companies, not one large company and only offer health insurance. Most sell direct or though brokers, not company agents.

State Farm, allows experienced agents to buy a agency, so you would have to buy them.

You will want to check a insurance company out by looking at their AM Best ratings.

Unless you are going to work in their underwriting officers, all sales jobs will be commission as with any insurance company.

tombabula
Jul 6, 2007, 05:32 PM
They are one of the biggest, much bigger than BC ad BS, BC and BS are regional companies, not one large company and only offer health insurnace. Most sell direct or though brokers, not company agents.

State Farm, allows experienced agents to buy a agency, so you would have to buy them.

You will want to check a insurance company out by looking at thier AM Best ratings.

Unless you are going to work in thier underwriting officers, all sales jobs will be commission as with any insurnace company.

Their rating is B++. What that tells about them? Btw I guess I have to obtain license on my cost if I am going to sell? If yes then it would be not good for me because I am focusing on different career. And by the way I am rather looking for job that would pay on wage. I guess must people who are insurance agents have second job but for people in IT field there are also commission based projects out there that can be done at home.

sue97
Feb 4, 2009, 09:42 AM
I would love to do this job from home. It would be great to just reply to people that is looking for insurance from your home. Is this a company that does that?