There are newer employer reviews for MassMutual
There are newer employer reviews for MassMutual

See Most Recent

I ended up paying too much money for the ability to work there. This job was too expensive.

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

I worked at MassMutual full-time

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

Pros

Friendly people, on the job sales training, well known name, fun incentive set-up, professional looking office, one-on-one help from management, large teams to offer support

Cons

Commission only pay, not enough training for the type of product you are selling, you have to pay them to rent your desk space, you pay them for your parking space, the typical person does not make enough money in the first year to cover bills and basic living expenses.

Advice to Management

While I understand that it is a tough industry to get into, I think that the structure of the company creates a "car sales person" atmosphere. There are insurance and investment companies that create an apprenticeship type learning program to help prepare future advisors to actually be beneficial to customers. This includes an actual salary.

reviews filtered by
  • Any Location
  • Any Job Title
  1. great company..very professional. great benefits

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

    I worked at MassMutual full-time (More than 8 years)

    Pros

    quality people who care about service and excellence

    Cons

    company is huge..easy to get lost

  2. Helpful (1)

    MassMutual provides the tools/support necessary to be a sole proprietor in the financial services industry

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

    I worked at MassMutual full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    MassMutual provides solid training and sales support for those new to the industry and for those just looking for a change. MassMutual houses extremely competitive products backed by a highly rated company. In addition to their own products, you are also provided the freedom to sell a myriad of prodcuts from other companies.

    Cons

    Career contracts provide incentives to sell MassMutual products over outside carriers that you have access to. This is not necessarily a bad thing since most of their products are at or near the top in the industry across the board, but their products are not a fit for certain scenarios. Basically, in order to keep benefits and reach incentive goals....you must sell certain minimums of MassMutual products. This can be difficult at times.

    It is extremely difficult to survive and/or succeed in this industry in general. Not necessarily con for MassMutual specifically, but be aware that it is very difficult and requires cold calling and strong networking skills.

    Advice to Management

    Provide more flexible career contracts. Offer a small base salary or at the very least do not charge agents rent if they do not hit certain sales figures in the first year of their contract.

There are newer employer reviews for MassMutual
There are newer employer reviews for MassMutual

See Most Recent

Work at MassMutual? Share Your Experiences

MassMutual

 
Click to Rate
or

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