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Bankers Life and Casualty Company - false job for sale agent

  • by   Feb 13
  • Review #: 383929
CompanyBankers Life and Casualty Company
Product / ServiceFalse Advertising... Internet
Location Haymarket, Virginia
Category Life and Casualty Insurance
Views330
 

The company invited me for job interview on 2/11/2013 at 2:00pm.I received 2 phone call from the company to confirmed the appointment which I did.

Then on 2/11/2013 I drove to the company location and Lady approached me and told me that this is an orientation not one on one interview and she gave me company brochure and business of Mr. Park and ask me to take a sit on the conference room. Then few minutes later other potential candidates came sat in the conference room there was about 15 people altogether. Just about 2:00pm Mr.

Park came to the conference room and introduces himself. He gave us a slide power point slides. Then he starts talking about the company about growth and stability and he said the company is selling insurance to retiree between the age of 55 to 65. Slide 20 shows break down of how much money we as sales agents can make $1895 per week and just over $90,000 per year.

He said that we can make $100,000 a year and there no limit to how much we can make and that we can make more than $100,000 a year. He was talking for an hour we still did know what our job descriptions what we have to do for the company. Finally toward the end he pulls out slide tell us job description. Toward the end of the was slide that shows our job descriptions and which basically states that driving to people residence and knocking people door and asking for insurance sales.

The slides he gave us did not even have job descriptions and nowhere it stated that this is door to door selling requires driving and use your own vehicle. At the end of the orientation I was very upset and left the conference room and as I was leaving I saw 4 people leaving the room as well and I briefly talk to them and share concern with them and they said felt the same way?. Company should states clearly job description which involves extensive driving and going to people homes and knocking their doors and asking for sales/. I visited company before I go for the interview|.

Below is the job discription stated on the company websites'. Totally misleading, misrepresentation and false advertising and company should have done better to advertise the job openings/. I have contacted the company to give them feedback and I ask to speak with Manager and I was told Mr'. Park is the only manager and he was not available to speak and I could not leave him voice mail;.

Agent Sales CareersBankers Life and Casualty Company is one of the largest and most respected career sales organizations in the insurance industry,.To help our representatives reach their full earnings potential we offer:IndependenceUnlimited Earnings PotentialLead and Prospecting ProgramsBankers Learning Network Training ProgramRecognition ProgramsTechnology Support 2f806b0

 
 
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Jessie_89 Jessie_89
Mar 19  from Nashville, Tennessee
I too work for Banker's Life & Casualty. I assure you this is not a scam. They are an insurance company who has been in business longer than the lightbulb has been around. As far as the job goes, obviously you have never been an independent contractor or have any idea how that works. They make it very clear it is a COMMISSION only job....unless you move up to management. With that being said, to sell insurance, you have to be LICENSED to do that. This obviously costs money and you can get the information for that directly from your states department of insurance website. I am so sick and tired of people giving our company a bad name because they're not intelligent enough to figure these things out. Doing this job takes a lot of hard work and effort with no guarantee of success. I'm almost out of my SNA and look forward to improving at what I do.
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calm down calm down
Mar 04 
For you two to make allegations against this person is ridiculous. I too work for Bankers and I too have went through the same feelings. Maybe in the branch you work for it isn't like that however I find that hard to believe.
You are hired and feel thrilled someone is taking a chance on you. You go in for the interview and listen to the great realm of the pay and commission schedule. You are offered wonderful leads and excellent training sessions.
You are told the sky is the limit. How high is the sky when you have to split your commissions with a trainer for three weeks? When you are placed with an agent who doesn't want to pull their own weight for another 3 weeks and you are still splitting.
Then you must SNA or you don't get to keep your job. That is 9 applications and 3,000 in 90 days. You get a promo prize and the wonderful trainer who trained you for three weeks equaling 9 times out by the way gets a cash bonus.
You may get leads but they aren't always for sure deals. As a new comer you may not get any leads until 6 months are up. There is no existing book of business unless you are a field trainer.
Not every insurance job is a house to house. Not every insurance job is 100% on the phone setting cold appointments. Not every insurance job is 100% commission. Not every insurance job is one who's focus is elderly.
So to blast this individual for not being more "knowledgeable" how about we blame a little
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V V
Feb 18  from Philadelphia, Pennsylvania
Listen Dave,
Don't be an *** and degrade people. Just shows you are PERFECT to work for Bankers Insurance..I just walked in from this fake *** ***. And I BLASTED the entire office. They won't forget this Greek. I didn't even take the "packet" of info. I asked is this Sales, they said yes. On the phone they said NO.

I've worked for NYLife - Now THAT is a true solid company!

So, enjoy your $1000 a week, I've made and will continue make more than that...

So rest your head easy at night, when you have your shady job to go to in the Morning.

Cheers!

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Cindy Cindy
Feb 25  from Washington, District Of Columbia
I worked for them briefly in 2004 but left for a work at home job as I am a single mom with two kids who also cares for her elderly mom. I now nolonger have those life obligations and am RETURNING to Bankers because in the 3 months I worked there long ago I found their leads to be well qualified and the seniors market they cater to is growing as the baby boomer generation hits. It is not "preying" on seniors it is 'helping' this niche with their needs. This is a legitimate company and YES it is sales of a product I am passionate about so I will do well ! One must believe in themselves and the product and they cn succeed. Mr Parks likely gives you the presentation so that you fully understand this is an opportunity that is not for everyone and not everyone is called back for all three stages of the interview process. Better to have everyone fully knowledgable about the job than to have you start working and time and effort spent on you only to have you then quit. This company ranked in top 125 companies for training in the WORLD !!
To not understand what an insurance agent does one must have lived under a rock OF COURSE it is sales!! OF COURSE you sit in front of people and describe and sell a product. So you are telling me you read the job description as you posted abve : "Agent Sales -Careers- Bankers Life and Casualty Company is one of the largest and most respected career sales organizations in the insurance industry.."...and so...after reading that word
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dave s dave s
Feb 15  from Matawan, New Jersey
I am an agent with Bankers life. I consistently make over $1,000 /week. Don't listen to whoever this is. I'm sure they have no guts or enough drive to make it as an insurance agent. I LOVE working here. Had to go through the same interview processes. I have the confidence and drive to succeed where this person does not. Perhaps you would do better as a cashier at Walmart!
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