Max New York Life Insurance

  www.maxnewyorklife.com
  www.maxnewyorklife.com
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Max New York Life Insurance Reviews

Updated September 23, 2014
Updated September 23, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Helping people with planning, life insurance, asset protection, retirement planning and education funding .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent/Financial Services Professional  in  Denver, CO
    Current Employee - Agent/Financial Services Professional in Denver, CO

    I have been working at Max New York Life Insurance full-time for more than 5 years

    Pros

    Flexible schedule. Over six figure income when you really work hard.

    Cons

    Having to prospect for clients can be challenging.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Great opportunities as a Financial Sales Agent at NYL

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

    I have been working at Max New York Life Insurance as an intern for less than a year

    Pros

    Great support through managers and experienced reps; Strong company with great products; Excellent Training; Mutual Company

    Cons

    Commission based; Hard to start; Time lag with business activities

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    good work culture

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

    I worked at Max New York Life Insurance as a contractor for less than a year

    Pros

    good pay master . timely salary

    Cons

    no recognition for temp empolyees

    Advice to ManagementAdvice

    nothing

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 1 person found this helpful  

    Best insurance company to work for in terms of support, education and compensation.

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

    I have been working at Max New York Life Insurance full-time for more than 3 years

    Pros

    Excellent training and support for new agents.
    You can't ask for a better managing partner than Mark Madgett. He is an inspiring leader who knows all the agents and cares for their success. He supports the office and all agents in the most positive, helpful and fun ways possible.

    Cons

    It's commission based and the first couple of years are generally a pay it forward investment. You need to be willing to work diligently and withstand sporadic paystubs for the first few years. This is true of most financial services job, nothing specific to this office or company.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Extremely challenging initially but high up-side potential.

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

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

    Pros

    Excellent training and massive amounts of resources at your disposal. Company brand is extremely strong. Compensation structure has potential for extremely high income.

    Cons

    Company charges you, the agent, for everything. They charge you rent for your cubicle, your phone, internet, making copies, stationary, business cards, etc. Compensation is 100% commission. You will also lose "friends".

    Advice to ManagementAdvice

    With the exception of a couple senior-level managers, my experience with management was positive.

    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    They are an excellent company.

    Current Employee - Insurance Agent  in  Charleston, SC
    Current Employee - Insurance Agent in Charleston, SC

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

    Pros

    They give first rate training.

    Cons

    Long hours at the shop.

    Advice to ManagementAdvice

    Keep promises to your agents.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Human organisation

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

    I have been working at Max New York Life Insurance

    Pros

    Nothing as such the co has a good vision for agency business

    Cons

    Nothing as such its just the right place to be if you want to be in insurance

    Positive Outlook
    Approves of CEO
  9.  

    Financial Service Representative

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

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

    Pros

    Great Management Teams! Love Milwaukee! Learned so much and they really cared about me and my success.

    Cons

    Tough financial market and have to be extremely dedicated.

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Company

    • 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

    Pros

    Limitless Salary, Great Education, Flexible Schedule

    Cons

    Commission driven. No Guaranteed Income

  11.  

    Supervisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Max New York Life Insurance

    Pros

    New York Life is resilient and able to thrive in all economic conditions.

    Cons

    New York Life is selling off its Asia Life Operations

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