MassMutual

  www.massmutual.com
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MassMutual Reviews

Updated Jul 16, 2014
All Employees Current Employees Only

3.2 283 reviews

76% Approve of the CEO

MassMutual Chairman, President, and CEO Roger W. Crandall

Roger W. Crandall

(121 ratings)

57% of employees recommend this company to a friend

Review Highlights

Pros
  • Good compensation if you produce, friendly work environment(in 12 reviews)

  • Great Benefits along with exam reimbursements if you are in the Actuarial Student Program(in 9 reviews)


Cons
  • They try to convince you that success relies in making friends and family become your clients(in 8 reviews)

  • Older culture, try to use your connections for their own, no salary(in 9 reviews)

82 Employee Reviews Back to all reviews
Relevance Date Rating
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    fianancial

    Anonymous Employee (Current Employee)

    Prosbright future, good training program

    Consnone that i can think of

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Mutual company benefits bs public company

    Anonymous Employee (Current Employee)

    ProsDisciplined approach
    Professional and highly formal
    No worries about shareholders, priorities set with logic and financial reasoning

    ConsAwful work space
    Very small office area

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great Culture!

    Anonymous Employee (Former Employee) Springfield, MA

    ProsGreat Benefits along with exam reimbursements if you are in the Actuarial Student Program.

    ConsThey could do better with the exam reimbursements for the actuarial program because they only reimburse One try. After that, you only get reimbursed if you pass the exam

    Advice to Senior ManagementAll in all, you guys are doing a good job!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Decent company to work for

    Anonymous Employee (Former Employee) Springfield, MA

    ProsPay, flexibility, time off, work life balance, training

    ConsCan't think of any at this time

    • Approves of CEO

     

    Nice Place

    Intern (Current Employee) Chicago, IL

    ProsExtreme flexibility (potential con if abused)
    -OPPORTUNITY to make a lot of money
    -Chance to help people
    -Your own business

    Cons100% comission
    -Takes a couple YEARS to build business
    -Lots of cold calling/phoning
    -Learn as you go
    -SPLIT comissions when starting out
    - ~70% turnover = your clients go to someone else when you decide to change careers

    Advice to Senior ManagementThis is a VERY tough business, but if you stick the first couple years of learning out, you can be very successful. Have a good +/-6 months of fallback savings to cover bills/ expenses when starting out.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Sales Rep - Know what you're signing up for!

    Sales Representative (Former Employee) Indianapolis, IN

    Pros-Extreme flexibility (potential con if abused)
    -OPPORTUNITY to make a lot of money
    -Chance to help people
    -Your own business

    This is a VERY tough business, but if you stick the first couple years of learning out, you can be very successful. Have a good +/-6 months of fallback savings to cover bills/ expenses when starting out.

    Cons- 100% comission
    -Takes a couple YEARS to build business
    -Lots of cold calling/phoning
    -Learn as you go
    -SPLIT comissions when starting out
    - ~70% turnover = your clients go to someone else when you decide to change careers

    No, I would not recommend this company to a friend

     

    Great place to start a career in life insurance

    Financial Services Professional (Current Employee) Chicago, IL

    ProsSenior managememt really cares about you and wants you to succeed. Excellent training, mentoring programs, competitive commision structure, could be a great career for someone who is good at building a book of business. Solid and stable company. Great people to work with. Everyone is really geniune and knowlegable. Very professional work setting.

    ConsTough industry, have to be good at prospecting, no base salary, have to pay for your own marketing, turn over high.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Financial Services Representative

    Financial Services Representative (Current Employee) Columbia, MD

    ProsGreat company to work for. They really care about their employees.

    ConsThey only reward with compensation.

    Advice to Senior ManagementStart a base salary and add commission.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great opportunity, only with better attention to producers

    Financial Advisor (Former Employee) San Jose, CA

    ProsGreat compensation, benefits and retirement opportunities to agents who are serious about succeeding. Superior permanent Life products that are tops in industry. Well known brand that is conservative in a time when conservative means much to consumers. This company is there to support you if you understand the idea of "What you put in is what you get out".

    ConsProducts outside permanent life products such as annuities need revamping to get more competitive with industry. The broker dealer needs to get in line with it's view on production as other top B.D's, not limiting Advisers in areas that other top B.D's approve of.

    Management is only as good as the General Agent at the helm of the agency. A compensation structure based solely on commission does not address separate motivational factors and therefore, commission alone will not adequately motivate nor retain a sales force. When there is obvious examples of sarcasm, lack of a serious attitude, as well as a rather negative environment, this can be quite difficult in a career position as a sales professional that is already extremely difficult. This only creates a real and perceived distance between yourself and most team members, as witnessed by a needlessly excessive personnel turnover of higher producing agents, especially when it’s done on the heels of a preference for weak candidates. “Salespeople Don't Quit Companies, They Leave Managers.”

    Advice to Senior ManagementPay attention to your agents in a way that you (or best practices) expect these agents to pay attention to their top clients(remember the ones who are responsible for our employment through their premiums)

    Yes, I would recommend this company to a friend

     

    Experience in MassMutual

    Project Manager (Current Employee) Springfield, MA

    ProsGreat people and compensation with career opportunities

    ConsCulture is still very conservative but improving

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