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Max New York Life Insurance Reviews

3.5
Rating Trends
Recommend to a friend
Approve of CEO
Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
33 Ratings
  • Mixed emotions

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Professional in Melville, NY
    Current Employee - Financial Services Professional in Melville, NY
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    New York Life is an incredibly strong company. It has one of the best reputations in the industry. As an agent you have limited products to sell but once you become registered and pass the series 6 exam. You are able to sell many more and interesting financial products. The income potential is amazing and could become quite a lucrative business. If you already have a strong network, you're already ahead of the game.

    Cons

    Some of the downsides of working for NYL is obviously that its a life insurance company. The thing that make it such a strong company is also what made me not like the business as much. You have to be ready to take a lot of rejection from family, friends and random people you meet out working the field. Also, once you say you work for New York Life, people will run out of the door because no one likes to talk about life insurance.


Max New York Life Insurance Interviews

Interview Experience

Interview Experience

58%
17%
23%

Getting an Interview

Getting an Interview

22%
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Interview Difficulty

2.7
Average

Interview Difficulty

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Average

Easy
  1.  

    Associate Partner Sales Interview

    Anonymous Interview Candidate in New York, NY
    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied through college or university. The process took 3 weeks. I interviewed at Max New York Life Insurance (New York, NY) in June 2015.

    Interview

    Interviewing process seems like a scam The first meeting they made me do a personality test, that would basically determine you could work there or not. I've actually interviewed with NYLife twice on the same day at different locations, and I was accepted by one, but rejected by the other after the initial personality test. I just don't understand how answering a few questions on a scale of 1 - 5 can determine whether you're fit for the job. Especially when they boast about their employees being from all backgrounds, why pre-screen people if everyone supposedly fits... During the second session, there was a 2.5 hour info session that I had to sit through, where more than half of it was just convincing you why NYLife is a good choice. I just wanted to know the pay, benefits, and what exactly working at NYLife entails. After the session, they handed out an info packet/booklet and told us to get references/sales (2 a day for the next 2 and a half weeks) which seemed like a lot to ask if we weren't even officially signed on yet. Basically the whole process seemed like a pyramid, and I would say it was a negative experience for me.

    Interview Questions

    • They really didn't ask anything too hard besides typical interview questions. The first meeting they basically explained (very vaguely) what NYLife was about and wanted an opinion on it. What are your strengths?   Answer Question

Max New York Life Insurance Awards & Accolades

Something missing? Add an award
Great Workplace Award , Gallup, 2009
India’s Best Companies to Work For , Great Place to Work Institute, 2009

Additional Info

Unlock Profile
Website www.maxnewyorklife.com
Headquarters Gurgaon, India
Size 1000 to 5000 Employees
Founded Unknown
Type Company - Private
Industry Insurance
Revenue Unknown / Non-Applicable per year
Competitors Unknown

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