Bankers Life Salary

Bankers Life Salary

How Much Does Bankers Life Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Bankers Life in the United States is $79,372. This translates to an approximate hourly wage of $38. Salaries at Bankers Life typically range from $71,622 to $88,712 annually, reflecting the diverse roles and experience levels within the company. Bankers Life’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Bankers Life Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Client Retention Specialist

$37,917 / year

Salary Range: $33,636 - $42,736

Pharmacy Operations

Licensed Customer Service Rep/Insurance Agent

$67,468 / year

Salary Range: $60,023 - $76,647

Customer Service

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Bankers Life.
Loading results...

About Bankers Life: Company Profile

Website
Data pending, update soon.
Founded In
2018
Employees
7,500 - 15,000 employees
Industry
Insurance
Headquarter Location
MISSOULA
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Bankers Life's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Management listens to feedback and implements positive changes. Management listens to feedback, and work-life balance is respected. It’s a reliable employer with steady career progression options. Working here has been a consistent experience. Benefits are standard, and the company maintains a professional atmosphere.
Commented in April 15, 2025
48
2
The compensation package is fair, with regular performance reviews ensuring merit-based raises. Fast-paced but fulfilling. The work-life balance is respected, and managers are supportive of flexible schedules when needed. The insurance products are reputable, which adds credibility to daily work. The office culture is vibrant yet professional. Training and development programs are well-structured,...
Commented in July 15, 2024
11
2
The company invests in technology, making daily tasks more efficient. The insurance products are strong, and client service is a priority. Decent workplace overall. The company offers great learning opportunities and encourages skill development. It’s a dependable company with consistent performance expectations.
Commented in January 28, 2024
28
1

How Bankers Life's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Bankers Life’s pay competitiveness. Click on a company for a deeper dive.

Is Bankers Life’s Pay Competitive? Salary Benchmarking Analysis

How does Bankers Life’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Bankers Life
Insurance
HUB INTERNATIONAL
ZURICH NORTH AMERICA
Industry Comparison
Our data shows that, on average, compensation at Bankers Life is below the average for the U.S. Insurance industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Bankers Life average annual salary with several similar companies. Bankers Life average salary of $79,372 is lower than HUB INTERNATIONAL, which has an average salary of $91,211. It is lower than ZURICH NORTH AMERICA, with their average salary at $89,466. This places Bankers Life in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

What Is the Cost of Living Near Missoula?

Understanding the cost of living near Missoula is key to truly evaluating a salary offer or your current compensation at Bankers Life.
Missoula's Cost of Living Index is approximately 106.8 (6.8% more expensive than US average; 6.1% more than MT average). Western MT city (Univ. of Montana), desirable, outdoor rec, housing costs have risen significantly. Mountain Line (free). When planning your budget based on a salary from Bankers Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Bankers Life salary. Location choices impact this heavily.
Utilities (Basic) $90 - $170 Electricity, Heating, Cooling, Water etc.
Public Transportation Free local bus (Mountain Line) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,600 - $4,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Bankers Life

FAQ 1: What is the estimated average total compensation at Bankers Life?
Salary.com estimates that the average total compensation package at Bankers Life, which can include base salary, potential bonuses, and benefits, is around $79,372 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Bankers Life pay compared to HUB INTERNATIONAL?
The average annual salary at Bankers Life is $79,372, or an hourly wage of $38, in comparison to HUB INTERNATIONAL which pays $91,211 per year or $44 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Bankers Life?
Salary progression from an entry-level to a senior role at Bankers Life can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Bankers Life in Missoula is fair given the local cost of living?
To determine if a salary offer from Bankers Life in Missoula is fair, first compare the gross salary to our data for similar roles at Bankers Life and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Missoula" to understand its purchasing power.
FAQ 5: Are promotions at Bankers Life usually accompanied by a significant salary increase?
Yes, promotions at Bankers Life are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning