Max New York Life Insurance

www.maxnewyorklife.com

Max New York Life Insurance Reviews

Updated January 21, 2015
Updated January 21, 2015
132 Reviews
3.7
132 Reviews
Rating Trends

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Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
30 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

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    This is a strong company who sincerely tries to do the right thing for its employees and clients.

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

    I have been working at Max New York Life Insurance

    Pros

    Great mission, vision, and ethos. Treats their employees fair. Compensation is fair.

    Cons

    Lack of transparency and candor in communication from some leadership.

    Advice to ManagementAdvice

    Focus on communicating to all levels of the organization.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    computer input & secretary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Secretary in Colorado Springs, CO
    Former Employee - Secretary in Colorado Springs, CO

    I worked at Max New York Life Insurance

    Pros

    Great place to work, everyone cares about each other. Good benefits

    Cons

    Don't get to take vacation in December

    Advice to ManagementAdvice

    No advice to share

  3.  

    Corporate Sales Manager at Max Life Insurance India. Worked for three months in Business Development as well as CEIP.

    • 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

    Good culture. The training process is extensive, thorough. They understand that the job has a learning curve to it. Excellent supervision. Positive reinforcement is followed. Productivity is always appreciated.

    Cons

    The work is travel related and the company does not pay for the cost incurred on business trips which at times amount to 20-30% of the salary. At times, activities aren't aligned with the end goals.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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
  6.  

    Micro Management Du Jour!

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

    I worked at Max New York Life Insurance

    Pros

    Health benefits are a plus

    Cons

    Corp Management Looooves to Micro Manage everyone to death! It's like being in the military.

    Advice to ManagementAdvice

    Let your people work, trust that they are working hard and want the best for the team. It's not just your way or the highway there are many roads to success...apparently no one in management knows this.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    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
  8.  

    Great team at New York Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Myrtle Beach, SC
    Current Employee - Insurance Agent in Myrtle Beach, SC

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

    Pros

    New York Life has the bet training in the business. They are friendly and really want you to focus on client needs and security.

    Cons

    It is a lot of information to consume in a short period of time. You have a trail period or P-Tas period to show them what you can do before you are actually a full time agent.

    Advice to ManagementAdvice

    Keep training and looking for the best people in and out of the business.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    friendly work environment but low compensation

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

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

    Pros

    pension plan and 401k

    Cons

    vacation days are only 2 weeks per calendar year

    Advice to ManagementAdvice

    na

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Big Life Insurance company with strong work force

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Max New York Life Insurance

    Pros

    Training imparted is good, there is personal growth

    Cons

    There is less work-life balance

  11. 1 person found this helpful  

    Salary was completely based on commission and it was a big adjustment to this coming from salaried positions

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

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

    Pros

    The status of the company as an organization when it was known. Word in the South Florida market is not as well disseminated as with in other Eastern Seaboard States as New York, Delaware New Jersey and Connecticut. As a person coming from a salaried position it was difficult to adjust in this competitive environment.

    Cons

    The competitive challenge in sales. I managed my own times except for required sales meetings. I am in business for myself and so it is up to me to make my sales target.

    Advice to ManagementAdvice

    The company is a great company but the working environment and culture is a product of the company's managers especially the partners who manage the individual sales units. There are good managers and there are bad managers especially since their orientation is directly from their sales training and they might have very little or any sales training.

    Recommends
    Positive Outlook
    Approves of CEO

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