Max New York Life Insurance

  www.maxnewyorklife.com
  www.maxnewyorklife.com
Work in HR? Unlock Free Profile

Max New York Life Insurance Reviews

Updated June 20, 2014
Updated June 20, 2014
116 Reviews
3.8
116 Reviews
Rating Trends

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

Review Highlights

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

  • excellent work environment and best justified career developement (in 6 reviews)


Cons
  • lack of training due to poor trainers (in 2 reviews)

  • below avg compensation, avg growth opportunity (in 2 reviews)

More Highlights

10 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Solid company, but they care more about their image than their agency force.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent  in  Minneapolis, MN
    Current Employee - Agent in Minneapolis, MN

    I have been working at Max New York Life Insurance full-time for more than 10 years

    Pros

    Great name and unparalleled training

    Cons

    They pay significantly less do to their pension however their pension doesn't add up to what you are giving up to work for them.

    Advice to ManagementAdvice

    Don't make your partners recruit so much that they can't help develop their agents.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    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
  3.  

    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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    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 for 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
  6.  

    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 for 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
  7.  

    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 for 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
  8.  

    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 for 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
  9.  

    A company with very nice vision but lack of good leaders to achieve the vision

    • 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 full-time for more than 3 years

    Pros

    Vision and Values. The work culture

    Cons

    Leaders are partial and have preoccupied mindset, don’t accept changes and good practices from others. Used to take decision very late, which impacts the company negatively.

    Advice to ManagementAdvice

    Leaders should not be partial and should not have preoccupied mindset, accept changes and good practices from others. Must take decision on time, be innovative like ICICI Pru. and others

    Doesn't Recommend
    Negative Outlook
  10. 1 person found this helpful  

    Employees are selfish. They think of themselves not others or the company.

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

    I worked at Max New York Life Insurance full-time for more than 5 years

    Pros

    The company provides best training in the Insurance industry. A few insurance policies are good but most of the policies has lost money in the market.

    Cons

    The employees are nice to you till you are nice to them. They are selfish lot, ruthless people. All of them tries to save their own job at somebody else;s cost. The call center people tells something else and the staff something else. After sale, service is very poor. No proper co-ordination is there. Every day new recruitments are taking place and train ed but the moment the new employees better opportunity they leave the company. Instead company should recruit the old A/A who have left the co or planning to leave the co.

    Advice to ManagementAdvice

    Give some breathing space to your employees. Insurance industry is going down every day. The co. had a good name in the market but due to their behaviour and inefficiency of senior staff all the prestige is going down the drain.

    Doesn't Recommend
    Negative Outlook
  11. 1 person found this helpful  

    Not one of the best places to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Systems Analyst  in  Gurgaon, Haryana (India)
    Former Employee - Business Systems Analyst in Gurgaon, Haryana (India)

    I worked at Max New York Life Insurance

    Pros

    High level of responsibility
    Excellent exposure early and a great opportunity to learn

    Cons

    A lot of internal politics
    A redundant middle management that adds no value

    Advice to ManagementAdvice

    They should think about measuring productivity of all positions in the firm

    Doesn't Recommend

Worked for Max New York Life Insurance? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.