Max New York Life Insurance

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

Updated September 16, 2014
Updated September 16, 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.  

    * As an Agent & Advisor
    * Achieved ‘‘GURMANTRA AWARD’’ or logging 5 application in ‘‘0’’ Months on July, 2008.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Agent & Advisor  in  Mumbai (India)
    Former Employee - Agent & Advisor in Mumbai (India)

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

    Pros

    * Compensation
    * Business Exposure
    * Customer Service
    * Co-operative
    * Professional

    Cons

    * Sales Target
    * Less Resources
    * Lenghty Procedures
    * Large Follow-ups
    * No Incenives

    Recommends
    Approves of CEO
  2.  

    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
  3.  

    Horrible Work Environment - September 19th, 2014 Another "D" Day in Technology.....!!!

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

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

    Pros

    Can't think of any real pros here except if your just starting out in your career, take full advantage of training and education subsidiaries.

    Cons

    Well guys, another major reorganization along with major structural changes will be happening at New York Life once again. There must have been 1-dozen similar changes which have occurred over the past 3-4 years and morale for those who have survived is HORRIFIC.

    I'm talking specifically for the Technology Department.

    Word of advise for all......if your under 55 years old, don't spend another minute at this company. Based on my work-life experiences, it generally takes a few years for the organizational changes to settle in. Well anyone with half a brain who works here can attest to the fact that Senior Management are trying different plans at the expense of peoples lives and ambitions.

    Advice to ManagementAdvice

    Senior Management = HORRIFIC! TERRIBLE!! If I were a bit younger I'd leave yesterday. So close to retiring I have to suffer through your inept Management style.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Great Team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Executive  in  Chennai (India)
    Former Employee - Human Resources Executive in Chennai (India)

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

    Pros

    Hr Team and manager support was really awesome!! Would have loved to work longer... But had to quit :(

    Cons

    Politics!!! Especially south zone employees...!!! And otherwise it is fine :)

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Difficult job, but one can be successful

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Max New York Life Insurance

    Pros

    Flexible work environment, independence, every day is different. This made it so you really had full control over how much effort you put into the job.

    Cons

    I didn't make any money at this job until about a month and a half in. They want you to prove yourself before they will make you full time and give you benefits. i guess that makes sense, but make sure you have some money saved up before you dive into a career in life insurance.

  7.  

    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
  8.  

    Very good company to work for

    Former Employee - Sales  in  San Ramon, CA
    Former Employee - Sales in San Ramon, CA

    I worked at Max New York Life Insurance full-time for less than a year

    Pros

    The benefits - the co-workers

    Cons

    The commissions are hard to get

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Financial Professional

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

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

    Pros

    Great people, Great company. Good place to start sales career.

    Cons

    Compensation structure is a little antiquated. Should consider moving away from Agency model

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Good organisation

    Former Employee - A P  in  Mumbai (India)
    Former Employee - A P in Mumbai (India)

    I worked at Max New York Life Insurance for more than a year

    Pros

    Exposure to various cross functional dept

    Cons

    Work life balance needs to be looked into

    Advice to ManagementAdvice

    360 deg feed back and employee open house.

    Doesn't Recommend
    Neutral Outlook
  11.  

    Good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Max New York Life Insurance part-time for more than a year

    Pros

    Office culture & Promotion, company values to customers

    Cons

    promotions, training, balance between personal & professionlal life

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