MassMutual Reviews in Chicago, IL | Glassdoor

MassMutual Chicago Reviews

12 reviews

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Chicago, IL Area

4.3
Star Star Star Star Star
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Approve of CEO
MassMutual Chairman, President, and CEO Roger W. Crandall
Roger W. Crandall
3 Ratings

12 Employee Reviews

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Pros
  • Work from home option is very flexible (in 15 reviews)

  • Supportive management, good benefits, good people to work with (in 30 reviews)

Cons
  • Commission only, no base salary or temporary salary while training (in 19 reviews)

  • It is 100% commission based, so the beginning can be very difficult to get through (in 25 reviews)

More Pros and Cons

  1. "Mass Mutual"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Lombard, IL
    Former Employee - Financial Representative in Lombard, IL
    Recommends
    Positive Outlook

    Pros

    Great people and an awesome environment

    Cons

    Lack of salary and consistency in advancement opportunities


  2. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL
    Recommends
    Neutral Outlook

    I worked at MassMutual (More than 10 years)

    Pros

    Good work environment, emphasis on work-life balance, very professional atmosphere

    Cons

    health benefits offered are expensive


  3. "Broker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Broker in Chicago, IL
    Current Contractor - Broker in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at MassMutual as a contractor (More than 5 years)

    Pros

    Autonomous culture, unlimited ceiling, unlimited commissions, sense of pride by being a trusted resource.

    Cons

    I cannot cite any at this time.

    Advice to Management

    None


  4. "good people there"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in Chicago, IL
    Former Intern - Intern in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at MassMutual as an intern (Less than a year)

    Pros

    my manager is very nice. a lot of responsibilities. get the chance to meet clients. nice office as well.

    Cons

    most work is paperwork for an intern. wanted to intern with investment management but eventually did the internship with sales.

    Advice to Management

    could have attracted more recent graduate


  5. "Great company, tough to get going"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at MassMutual full-time (More than a year)

    Pros

    Great company and people to work with

    Cons

    It is tough starting out and building your own practice. Lots of help but you will either have to cold call or go after family and friends


  6. "Great Company with unlimited opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Recruiting Intern in Chicago, IL
    Current Intern - Recruiting Intern in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at MassMutual as an intern (Less than a year)

    Pros

    I started out as a Recruiting Intern and was offered a full time opportunity. My support team was amazing. I assisted the Executive Recruiting Director and Recruiting Director on human resource activities and daily recruiting duties. I learned strong and weak points about myself that have benefited my progress with the company. I have grown educationally as well as professionally working with Hoopis leadership team and partners.

    Cons

    The company is still in the development process so their is a lot of change to adapt to.

    Advice to Management

    Continue to assist your agents, interns, and staff in bettering themselves and you will always have a dedicated team of workers


  7. Helpful (2)

    "Run and Hide"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Chicago, IL
    Former Employee - Financial Services Representative in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at MassMutual full-time (More than a year)

    Pros

    Met some nice people and thats it,

    Cons

    Place is run like a puppy mill,They charge for phone calls,business cards,envelopes and a desk fee.They make you work with a partner who takes half the fee after you set up appt.Management hopes you leave so they can pick up your renewal fees.Also be careful what you sign in way of contracting.They prey on young college kids to get the parents and friends to sign up,and once that is done so are you.They provide no leads or financial support.STAY AWAY!!!!!!!!!!!!!!!

    Advice to Management

    Get out of your office and help people.


  8. Helpful (1)

    "Financial Service Professional"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Service Professional in Chicago, IL
    Former Employee - Financial Service Professional in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at MassMutual full-time (Less than a year)

    Pros

    Extremely flexible time. Choose your own market and client. No earning cap.

    Cons

    No base pay. Monthly $140 fee to be a full-time agent. Lots of calling required to survive. Friends and familes become your business.


  9. "Nice Place"

    Star Star Star Star Star
    Current Employee - Intern in Chicago, IL
    Current Employee - Intern in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MassMutual full-time (Less than a year)

    Pros

    Extreme flexibility (potential con if abused)
    -OPPORTUNITY to make a lot of money
    -Chance to help people
    -Your own business

    Cons

    100% comission
    -Takes a couple YEARS to build business
    -Lots of cold calling/phoning
    -Learn as you go
    -SPLIT comissions when starting out
    - ~70% turnover = your clients go to someone else when you decide to change careers

    Advice to Management

    This is a VERY tough business, but if you stick the first couple years of learning out, you can be very successful. Have a good +/-6 months of fallback savings to cover bills/ expenses when starting out.


  10. "Great place to start a career in life insurance"

    Star Star Star Star Star
    Current Employee - Financial Services Professional in Chicago, IL
    Current Employee - Financial Services Professional in Chicago, IL

    I have been working at MassMutual full-time

    Pros

    Senior managememt really cares about you and wants you to succeed. Excellent training, mentoring programs, competitive commision structure, could be a great career for someone who is good at building a book of business. Solid and stable company. Great people to work with. Everyone is really geniune and knowlegable. Very professional work setting.

    Cons

    Tough industry, have to be good at prospecting, no base salary, have to pay for your own marketing, turn over high.


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