Max New York Life Insurance Reviews

Updated August 24, 2015
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141 Employee Reviews

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  1. Helpful (1)

    Not Enjoyable

    Current Employee - Registered Representative in Los Angeles, CA
    Current Employee - Registered Representative in Los Angeles, CA
    Doesn't Recommend
    No opinion of CEO

    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


  2. Micro Management Du Jour!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.


  3. Very good training compared to rest of industry. That's where the good ends.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Professional in Minneapolis, MN
    Former Employee - Financial Services Professional in Minneapolis, MN
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    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 Management

    It's been given and ignored at the GO level repeatedly.


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  5. 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
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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


  6. friendly work environment but low compensation

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    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 Management

    na


  7. Big Life Insurance company with strong work force

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Training imparted is good, there is personal growth

    Cons

    There is less work-life balance


  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
    Recommends
    Positive Outlook
    Approves of CEO

    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 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. From Excellent place to work to marginal

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Developer in New York, NY
    Former Employee - Developer in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The pay is good and there are a lot of good people that work you. There is a generous vacation policy, but benefits are being eroded year after year.

    Cons

    senior management is out of touch, there have been many re-orgs and lay-offs over the past 5 years. No stability, and no job security.


  10. Helpful (1)

    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
    Recommends
    Positive Outlook
    No opinion of CEO

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


  11. Very good company to work for

    Former Employee - Sales in San Ramon, CA
    Former Employee - Sales in San Ramon, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Max New York Life Insurance full-time (Less than a year)

    Pros

    The benefits - the co-workers

    Cons

    The commissions are hard to get



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