Modern Woodmen - Modern Woodmen of America: Touching lives. Securing Futures | Glassdoor
There are newer employer reviews for Modern Woodmen
There are newer employer reviews for Modern Woodmen

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Helpful (1)

"Modern Woodmen of America: Touching lives. Securing Futures"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Representative in Tacoma, WA
Current Employee - Financial Representative in Tacoma, WA
Recommends
Approves of CEO

Pros

The possibility for advancement are only limited by the amount of work that you are willing to put forth. If management is for you, than you have the best opportunity in the financial services industry to advance into management. The benefits package is amazing, there is an old-fashioned pension, which gives you an extra incentive to work hard.

Cons

If you are a person that is not good at time management, this job is not for you. Also if you are not good at keeping track of what you do, you could have problems. As you have no "boss" per-se, you need to keep careful watch of the time you use and don't use.

Advice to Management

Keep being hands on, and make sure that you keep close watch on the reps that have been contracted for fewer than 6 months.

Other Employee Reviews for Modern Woodmen

  1. "Good Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Modern Woodmen full-time

    Pros

    I increased my communication skill.

    Cons

    It was hard for me to find a client


  2. "Great company to work for, but you must be an insurance salesman."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Financial Representative
    Former Contractor - Financial Representative
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Modern Woodmen as a contractor (Less than a year)

    Pros

    --Great company values
    --Extra (fraternal) benefits
    --Gives back to the communities
    --Unlimited potential
    --Set your own schedule, be your own boss!

    Cons

    Even though Modern Woodmen is a great company with a long track record, it is insurance first, investments later. In other words, you may be able to take on the function of an advisor and sell securities, but the insurance will always come first (that's how benefits, contracting, etc are determined). If you're an insurance salesman, Modern Woodmen's insurance is pretty competitive. But if you want to be a little more "rounded" or want to focus on financial planning and/or advisory services, you may want to consider looking elsewhere.

    Advice to Management

    Come up with a compensation/contract structure that allows financial planners/advisors to flourish a little more. You've got an awesome company, but the advisory/planning services aren't on par with brokerage/advisor firms.

There are newer employer reviews for Modern Woodmen
There are newer employer reviews for Modern Woodmen

See Most Recent

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