Max New York Life Insurance Reviews

Updated June 23, 2015
135 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
3.2
Rating Trends
Recommend to a friend
Approve of CEO
Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
30 Ratings

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

  • Max had a very good work environment (in 7 reviews)

Cons
  • Commission based; Hard to start; Time lag with business activities (in 3 reviews)

  • They want you to prove yourself before they will make you full time and give you benefits (in 3 reviews)

More Pros and Cons

135 Employee Reviews

Sort: Popular Rating Date
  1. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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


  2. Financial Service Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 (More than 3 years)

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

    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 Management

    Keep up the great work!


  3. Helpful (1)

    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 (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    They give first rate training.

    Cons

    Long hours at the shop.

    Advice to Management

    Keep promises to your agents.


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


  5. Helpful (1)

    Extremely challenging initially but high up-side potential.

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

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

    Neutral Outlook
    Approves of CEO
    Neutral Outlook
    Approves of CEO

    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 Management

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


  6. Helpful (1)

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

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

    I have been working at Max New York Life Insurance full-time (More than 3 years)

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

    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.


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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

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

    Cons

    Having to prospect for clients can be challenging.


  8. Helpful (1)

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

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

    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 Management

    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.


  9. Great team at New York Life

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

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

    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 Management

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


  10. Clerical Worker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Bronx, NY
    Former Employee - Administrative Assistant in Bronx, NY

    I worked at Max New York Life Insurance full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great company to work. A Raise every year.

    Cons

    Don't close early for snowstorms.


  11. Helpful (1)

    Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - TEXAS (TX) in Dallas, TX
    Current Employee - TEXAS (TX) in Dallas, TX

    I have been working at Max New York Life Insurance full-time

    Pros

    Great management organization with massive support for both employees and leaders. Company innovative strategies well thought out with suffient resources to optimize critical projects.

    Cons

    Does not embrace fresh perspectives from industries outside of narrow internal industry focus



Showing 135 of 149 reviews
Reset Filters
RSS Feed </> Embed

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