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Bankers Life Insurance Company overview

Industry
Insurance
Revenue
Headquarters
Employees
50
Founded in
Website
Organization type
Private
Social media
Bankers Life Insurance Company is a provider of high-quality fixed annuity products. Since its founding in 1976, Bankers Life has tailored its offerings to meet individual customer needs, focusing on a stable portfolio that is less susceptible to market volatility.
The staff at Bankers Life Insurance Company come from unusually diverse demographic backgrounds. The company is 46.8% female and 33.4% ethnic minorities. Even though it has great demographic diversity, Bankers Life Insurance Company notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 76.0%. Despite having coworkers who agree with each other about politics, employees at Bankers Life Insurance Company tend to have relatively short tenures. Staff members usually stay with the company for 2.7 years.The average employee at Bankers Life Insurance Company makes $50,274 per year. Pay at Bankers Life Insurance Company is significantly lower than some of its highest paying competitors, like NGM Insurance Company, Inc., Combined Insurance, and Symmetry Financial Group, which pay $73,833, $65,898, and $65,049, respectively.
Bankers Life Insurance Company is a small insurance company based in Saint Petersburg, FL with only 50 employees and an annual revenue of $306.1M.

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4.0/5

Bankers Life Insurance Company employee reviews

Based on 2 ratings

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Bankers Life Insurance Company employee reviews

Bankers Life Insurance Company employee reviews
4.0/5

Based on 2 ratings

Work at Bankers Life Insurance Company? Share your experience.
Employee reviews
profile
5.0
A zippia user wrote a review on Aug 2024
Pros of working at Bankers Life Insurance Company

Some of the Pros at working at Bankers Life Insurance Company is that they are very supportive of their new agents. Their UFT's make sure that they fully educate their new SNA's. They offer bonus opportunities to make extra money. They provide leads and encourage Saturdays to door knock and have call blitzes.

Cons of working at Bankers Life Insurance Company

Some of the cons are you really don't make a lot money at first. As an example. I have worked around 50 hours per week equivalent to the commissions I have made so far in the slow season of July: 50 cents per hour. I am being told you don't really learn the ropes until being there for up to 2 years.

Bankers Life Insurance Company benefits

Working with nice people there. Everyone is supportive and answer all of your questions as a new agent. There is a one week training provided as well.

What do you like best about Bankers Life Insurance Company's CEO and the leadership team?

I don't know I haven't met them yet

How would you improve Bankers Life Insurance Company's culture?

Not sure

How did you prepare for the Bankers Life Insurance Company interview?

I dressed up after I passed my Life insurance test and they took my picture. I did not actually interview until I passed my exam.

What brings you the most joy at Bankers Life Insurance Company?

Knowing that I am learning about what it is to actually be an insurance agent.

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The team at Bankers Life Insurance Company

  • The founders of Bankers Life Insurance Company is Kathy Ebbert.
  • The key people at Bankers Life Insurance Company is Kathy Ebbert.
Key people
Kathy Ebbert

Bankers Life Insurance Company rankings

Bankers Life Insurance Company is ranked #13 on the Best Insurance companies to work for in Florida list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Bankers Life Insurance Company salaries

Average Bankers Life Insurance Company salary
$50,274
yearly
$24.17 hourly
Updated March 14, 2024

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Bankers Life Insurance Company diversity

9.8
Diversity score
We calculated Bankers Life Insurance Company’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Bankers Life Insurance Company’s workforce.
Bankers Life Insurance Company diversity summary. Zippia estimates Bankers Life Insurance Company's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Bankers Life Insurance Company's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Bankers Life Insurance Company's workforce.
  • Bankers Life Insurance Company has 50 employees.
  • 47% of Bankers Life Insurance Company employees are women, while 53% are men.
  • The most common ethnicity at Bankers Life Insurance Company is White (67%).
  • 12% of Bankers Life Insurance Company employees are Hispanic or Latino.
  • 12% of Bankers Life Insurance Company employees are Black or African American.
  • The average employee at Bankers Life Insurance Company makes $50,274 per year.
  • Bankers Life Insurance Company employees are most likely to be members of the republican party.
  • Employees at Bankers Life Insurance Company stay with the company for 2.7 years on average.

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Bankers Life Insurance Company financial performance

8.7
Performance score

Highest paying Bankers Life Insurance Company competitors

Compare Bankers Life Insurance Company salaries to competitors, including NGM Insurance Company, Inc., Combined Insurance, and Symmetry Financial Group. Employees at NGM Insurance Company, Inc. earn the highest average yearly salary of $73,833. The salaries at Combined Insurance average $65,898 per year, and the salaries at Symmetry Financial Group come in at $65,049 per year.
RankCompanyAverage salaryJobs
1$73,8330
2$65,8980
3$65,0490
4$62,1750
5$62,0060
6$59,3340
7$58,7570
8$56,5500
9$54,4180
10$53,9260

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Zippia gives an in-depth look into the details of Bankers Life Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bankers Life Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at Bankers Life Insurance Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bankers Life Insurance Company. The data presented on this page does not represent the view of Bankers Life Insurance Company and its employees or that of Zippia.

Bankers Life Insurance Company may also be known as or be related to Bankers Insurance, Bankers Insurance Company and Bankers Life Insurance Company.