Max New York Life Insurance

www.maxnewyorklife.com
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Max New York Life Insurance Reviews

Updated February 27, 2015
Updated February 27, 2015
13 Reviews
2.0
13 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
13 Ratings

Review Highlights

Pros
  • Job safety for all trainers, work culture safety for all women were the real add ons (in 11 reviews)

  • Flexible work environment, independence, every day is different (in 7 reviews)


Cons
  • Salary is all commission based, not a great job for a student out of college (in 3 reviews)

  • You have a trail period or P-Tas period to show them what you can do before you are actually a full time agent (in 3 reviews)

More Highlights

13 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    My experience with New York Life was all right.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Max New York Life Insurance

    Pros

    I gained a lot of experience.

    Cons

    It is a fully based commission position.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Not Enjoyable

    Current Employee - Registered Representative in Los Angeles, CA
    Current Employee - Registered Representative in Los Angeles, CA

    I have been working at Max New York Life Insurance

    Pros

    Create your own schedule, paid for me to attain financial licenses

    Cons

    Exceptionally difficult to succeed, company wants you to use/sell to everyone you know, if you leave the company they will continue to bother your contacts, all about hitting sales numbers with limited guidance

    Doesn't Recommend
    No opinion of CEO
  3.  

    Very good training compared to rest of industry. That's where the good ends.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Services Professional in Minneapolis, MN
    Former Employee - Financial Services Professional in Minneapolis, MN

    I worked at Max New York Life Insurance full-time (more than 10 years)

    Pros

    You are given enough ability to go make the company $$ but it costs a lot of money to run your office.

    Cons

    There are NO ethics. If you are a producer you get special treatment and management will look the other way if there are indescressions. So if you have no morals or ethics the Minnesota general office is the place for you. I was there 11 plus years and gave it all up not to be associated with them anymore

    Advice to ManagementAdvice

    It's been given and ignored at the GO level repeatedly.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    From Excellent place to work to marginal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer in New York, NY
    Former Employee - Developer in New York, NY

    I worked at Max New York Life Insurance full-time (more than 10 years)

    Pros

    The pay is good and there are a lot of good people that work you. There is a generous vacation policy, but benefits are being eroded year after year.

    Cons

    senior management is out of touch, there have been many re-orgs and lay-offs over the past 5 years. No stability, and no job security.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Not all as it seems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Agen in Richmond, VA
    Former Employee - Agen in Richmond, VA

    I worked at Max New York Life Insurance

    Pros

    good name the company is in solid shape the company has been around for over a hundred years name recognition is high

    Cons

    not completely upfront during initial process
    lack of training due to poor trainers

    Advice to ManagementAdvice

    be more up front with your agents tell them the real deal before they sign not six months into the program

    Doesn't Recommend
  7.  

    terrible, expected to hassle prospects all the time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Agent in Miami, FL
    Former Employee - Agent in Miami, FL

    I worked at Max New York Life Insurance

    Pros

    good commissions if you can sell

    Cons

    uncertainty, some times you'll earn nothing

    Advice to ManagementAdvice

    be honest about expectations

    Recommends
  8.  

    Was Very good, since Joining but Worst and very drastic to see max since 1 Yrs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Agency Development Manager in Bokāro (India)
    Former Employee - Agency Development Manager in Bokāro (India)

    I worked at Max New York Life Insurance full-time (more than 3 years)

    Pros

    Honestly, There is no any reason to work with.

    Cons

    Following hybrid model in all aspect since 1 mYr.

    Advice to ManagementAdvice

    Take care to old employees, Listen to bottom management team, dont create space between Old n New eployees. ....

    Doesn't Recommend
    Negative Outlook
  9.  

    nothing great to speak off

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in Gurgaon, Haryana (India)
    Former Employee - Senior Manager in Gurgaon, Haryana (India)

    I worked at Max New York Life Insurance full-time (more than 3 years)

    Pros

    Not a very demanding organization

    Cons

    promotions are based on your relationship with your bosses

    Advice to ManagementAdvice

    get some good people at top level and the promotions should be on merit

    Doesn't Recommend
    Neutral Outlook
  10.  

    A great place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice-President in Bangalore (India)
    Current Employee - Assistant Vice-President in Bangalore (India)

    I have been working at Max New York Life Insurance full-time (more than 8 years)

    Pros

    Learning and good earning potential

    Cons

    Insurance industry is a very dynamic and can create a burn out.

    Advice to ManagementAdvice

    Be a little more humane.

    Doesn't Recommend
    Neutral Outlook
  11.  

    not having a good time with it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Associate in Mumbai (India)
    Current Employee - Relationship Associate in Mumbai (India)

    I have been working at Max New York Life Insurance full-time (less than a year)

    Pros

    I dont thik there is anytg good abt it

    Cons

    They dont understd their employees

    Doesn't Recommend
    Neutral Outlook

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