20 Bankers Life Interview Questions and Answers

When it comes to interviews, preparation is key. And when you’re interviewing for a position at a specific company, it’s important to do your research and be prepared to answer questions about the company itself.

If you’re interviewing for a position at Bankers Life, you’re in luck. We’ve compiled a list of some of the most common questions asked in interviews for this company, along with sample answers to help you prepare for your own interview.

So whether you’re a seasoned veteran of the job market or a recent graduate just starting out, read on for some tips on how to ace your Bankers Life interview.

Bankers Life Interview Process

The interview process at Bankers Life is relatively quick and easy. Most candidates report that they are able to complete the entire process within a few weeks.

The first step of the process is usually an initial phone screening with a recruiter. This call is mostly to ensure that you meet the basic qualifications for the position. If you pass this stage, you will be invited to come in for an in-person interview.

During the in-person interview, you will likely meet with a panel of managers or HR representatives. They will ask you questions about your experience and skillset. The interviewers are typically very friendly and easy to talk to. Overall, most candidates report that the interview process is fairly straightforward and not overly difficult.

1. How would you describe your work style?

This question can help the interviewer understand how you would fit into their company culture. When answering, it can be helpful to describe a few of your strengths and weaknesses that relate to this position.

Example: “I am an extremely organized person who likes to stay on top of my work. I find that having a system for organizing tasks helps me complete them more efficiently. However, sometimes I get so focused on getting things done that I forget to ask questions or seek clarification from others. In the past, I have learned to balance these two aspects of my work style by setting aside time each day to focus on completing tasks and another part of the day to collaborate with coworkers.”

2. What are your short term and long term career goals?

This question can help the interviewer get a better idea of your career aspirations and how you plan to achieve them. When answering this question, it can be helpful to include information about what steps you’ve taken or will take to reach those goals.

Example: “My short term goal is to become an expert in all aspects of life insurance. I’m currently taking courses that will allow me to obtain my Certified Life Underwriter designation by next year. My long-term goal is to become a regional manager for Bankers Life within five years.”

3. Tell us about a time when you had to make an important decision in the workplace. How did you handle it?

This question can help an interviewer learn more about your decision-making skills and how you use them in the workplace. When answering this question, it can be helpful to describe a specific situation where you had to make a tough call and what steps you took to ensure you made the best choice possible.

Example: “In my previous role as a financial advisor, I often had to make important decisions regarding my clients’ finances. One time, I was helping a client who wanted to know if they should invest their money in stocks or bonds. After researching both options thoroughly, I determined that bonds were a better option for them because of their age and risk tolerance. They ended up investing in bonds and are still using those funds today.”

4. Describe a time where you were able to use persuasion to successfully convince someone to see things your way at work.

This question is an opportunity to show your communication skills and ability to persuade others. When answering this question, it can be helpful to provide a specific example of how you used persuasion to achieve a goal or overcome a challenge at work.

Example: “At my previous job, I was working with a client who had been injured on the job and was unable to return to work for several months. The client wanted to know if they could receive their full paycheck while out of work, but our company policy only allowed them to receive half of their normal paycheck. I explained that we were required by law to pay them what we normally would have paid them, however, I also explained that there are many benefits to continuing to receive their full paycheck while out of work.

I told them that continuing to receive their full paycheck would allow them to save more money in their retirement account, which would help them when they retired. I also explained that continuing to receive their full paycheck would give them more time to recover from their injury before returning to work. After explaining all of these benefits, the client agreed to continue receiving their full paycheck until they returned to work.”

5. Have you ever had to adjust to a new working environment? How was that?

Interviewers may ask this question to learn more about your adaptability skills. They want to know if you can quickly adjust to a new workplace and how well you work with others. In your answer, explain what helped you adjust to the change and highlight any transferable skills that helped you succeed in your previous roles.

Example: “When I first started working at my last job, it was challenging adjusting to the fast-paced environment. However, after a few weeks of training, I learned some valuable time management skills that helped me get used to the pace. Now, I’m comfortable working in a fast-paced environment.”

6. Before we hire anyone, they must go through our training program. Are you comfortable with this?

Interviewers ask this question to make sure you’re willing to learn and grow in your new role. They want to know that you’re open to learning more about the company’s policies, procedures and values.

Example: “I’m very comfortable with training programs because I believe they help me get acclimated to a new work environment. In my last position, I had to go through an extensive training program before I could start working on my own. It was challenging at first, but it helped me understand how to do my job better.”

7. When have you utilized your communication skills to benefit your company?

Bankers Life, Banker Life and Casualty is a company that requires its employees to be able to communicate effectively with clients. When answering this question, it can be beneficial to highlight your communication skills by describing how you used them in the past to help customers or coworkers.

Example: “When I worked as an insurance agent for another company, I was responsible for helping my clients understand their policies and answer any questions they had about their coverage. In one instance, I helped a client who was unsure of what type of life insurance policy would best suit his needs. I explained all of our options to him and answered all of his questions until he felt comfortable making a decision.”

8. Do you feel like you excel in a competitive or collaborative environment? Why?

This question is a great way to determine how you feel about working in a team environment. It also helps the interviewer understand your personality and whether it will fit well with their company culture. When answering this question, try to focus on what makes you thrive in a collaborative or competitive environment.

Example: “I love being able to work collaboratively with my coworkers. I find that when we all work together toward a common goal, we can accomplish so much more than if we were to do everything alone. However, I also enjoy competing against other teams for sales goals. This motivates me to work harder and achieve more.”

9. Bankers Life is a commission based job. Do you think you can handle that type of pay structure?

This question is a great way to see how the applicant will handle working for commission. It’s important that they understand what it means to work on commission and can explain why they are prepared to do so.

Example: “I am very comfortable with commission based pay structures because I have worked in sales before. In my previous position, I was paid entirely through commission, which motivated me to perform at my best every day. I think this type of compensation motivates employees to be their best selves and helps them achieve their goals.”

10. Give us an example of a time when you set a goal and were able to meet or achieve it.

This question is a great way to show your potential employer that you are goal-oriented and have the ability to meet deadlines. When answering this question, it can be helpful to provide specific details about how you met or exceeded your goals.

Example: “I set a goal of saving $1,000 by my 25th birthday. I started putting money into my savings account when I was 20 years old, so I had five years to save up for this goal. I increased my monthly contribution from $50 to $100 per month, which helped me reach my goal two months early.”

11. What motivates you to do your best on the job?

This question can help the interviewer get to know you better and understand what drives your work ethic. When answering this question, it can be helpful to mention a specific example of when you were motivated by something at work.

Example: “I am motivated to do my best on the job because I want to make sure that our clients are getting the best service possible. In my last role, I had a client who was looking for ways to save money in their budget. After doing some research, I found an investment opportunity that would allow them to save more than $1,000 per year while still growing their portfolio. They were so happy with my advice that they referred me to two of their friends.”

12. What is your biggest weakness?

This question is a common one in interviews, and it’s important to be honest. Employers want to know that you are aware of your weaknesses and actively working on them. When answering this question, try to choose something that isn’t too serious or personal.

Example: “My biggest weakness is my perfectionism. I am always striving for excellence, which can sometimes lead me to work longer hours than necessary. In the past, I’ve tried to implement more realistic deadlines into my schedule so I don’t get overwhelmed.”

13. Explain how you would be an asset to Bankers Life.

This question is a great way to show the interviewer that you have done your research on Bankers Life and are eager to work for them. When answering this question, make sure to highlight what makes Bankers Life unique from other companies in the industry.

Example: “I would be an asset to Bankers Life because I am highly organized and detail-oriented. In my previous role as a financial advisor, I helped clients create retirement plans based on their individual needs. This required me to understand each client’s situation and develop a plan that was tailored to their specific goals. I believe these skills will help me succeed at Bankers Life.”

14. What major challenges and problems did you face?

This question is a way for the interviewer to learn more about your problem-solving skills. When answering this question, it can be helpful to mention a specific challenge you faced and how you overcame it.

Example: “The biggest challenge I’ve ever had was when my client’s computer crashed right before they were supposed to make an important change to their financial plan. They didn’t have any backups of their information, so we had to recreate all of their data from scratch. It took us two days to get everything back in order, but we managed to do it without losing any of our work.”

15. What’s more important to you: money or recognition?

This question is a common one for employers to ask because it helps them understand your priorities. They want to know that you’re motivated by more than just money and that you’ll be willing to work hard to achieve the company’s goals. Your answer should show that you value both recognition and financial rewards.

Example: “I’m definitely motivated by money, but I also care about my professional reputation. I’ve always been someone who strives to do their best at everything they do, so I would like to think that I’d get recognized for doing good work. However, I am realistic enough to know that if I don’t put in the effort, I won’t receive either of these things.”

16. Would you say you are a self-motivated person? Why or why not?

This question is a great way to determine how much initiative you take in your work. It’s important for bankers life agents to be self-motivated because they are often working independently and need to meet deadlines on their own.

Example: “I would say I am a very self-motivated person, which is one of the reasons why I chose this career path. I enjoy being able to set my own schedule and work independently. In fact, I find that when I have a lot of freedom with my work, I’m more productive and efficient.”

17. Who has impacted you most in your career and how?

This question is a great way to show your interviewer that you are passionate about your career and the people who have helped you along the way. When answering this question, it can be helpful to mention someone who has inspired you or encouraged you in some way.

Example: “My grandfather was my first mentor when I started working at Bankers Life. He worked as an accountant for over 50 years and taught me so much about how to manage finances. He always told me to treat others with respect and kindness, which has really stuck with me throughout my career.”

18. If selected for this position, can you describe your strategy for the first 90 days?

This question is a great way to assess how you plan for new projects and responsibilities. It also shows the interviewer your level of commitment to this role. When answering, be sure to highlight your ability to prioritize tasks and meet deadlines.

Example: “I would start by learning as much as I can about the company culture and expectations. Then, I would begin building relationships with my coworkers and customers. I believe it’s important to get to know everyone in the office so that we can work together more effectively. Next, I would review all current policies and procedures to ensure I understand them completely.”

19. What makes you excited to come into work every day?

This question can help the interviewer get to know you better and understand what motivates you. When answering this question, it can be helpful to talk about a specific experience that made you excited or motivated at work.

Example: “I love working with people, so I am always excited to come into work because I get to interact with new clients every day. One of my favorite parts of my job is helping someone who has never planned for retirement learn how to do so. It’s rewarding to see them become more confident in their financial planning.”

20. Describe a typical work week for Insurance Agent position at Bankers Life.

This question is a great way to show the interviewer that you understand what your job duties will be. When answering this question, it can be helpful to describe how you would complete each task and provide examples of how you have done so in the past.

Example: “In my previous position as an Insurance Agent at Bankers Life, I worked Monday through Friday from 8 a.m. to 5 p.m. During the work week, I typically spent two hours on paperwork for new clients and one hour reviewing client accounts. I also spent three hours making phone calls to existing customers to check in and see if they had any questions or concerns about their policies.”