MassMutual Reviews | Glassdoor

MassMutual Reviews

Updated April 22, 2017
151 reviews

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4.9
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MassMutual Chairman, President, and CEO Roger W. Crandall
Roger W. Crandall
78 Ratings

151 Employee Reviews

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Pros
  • Great work environment, supportive mentors, highly recommend this internship opportunity if offered (in 29 reviews)

  • Stable Company, good benefits if you take advantage of them (in 28 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 23 reviews)

More Pros and Cons

  1. "Internship"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internship in Buffalo, NY
    Former Employee - Internship in Buffalo, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    amazing leaders, great coaching, freedom to be creative, not a 9-5

    Cons

    building a book from scratch is certainly difficult. More you put in, more you get out.

    Advice to Management

    Buffalo office: Keep up the strong work


  2. "Excellent experience as an Intern."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern - Hourly in Boston, MA
    Former Intern - Intern - Hourly in Boston, MA
    Recommends
    Positive Outlook

    I worked at MassMutual as an intern

    Pros

    An atmosphere for innovation specially in IT related departments.Nice relaxed atmosphere. Good work life balance. Free snack at boston office

    Cons

    Did not convert internship to fulltime

    Advice to Management

    Nothing as such.


  3. Helpful (4)

    "Awesome Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Raleigh, NC
    Current Employee - Financial Advisor in Raleigh, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MassMutual full-time (More than 3 years)

    Pros

    The ability to build your own business- This opportunity allows you to build your own process, client base and business model. There are opportunities for joint work with other advisers who are experienced.

    Selfless management team- They management team here does everything in their power to help you achieve your personal goals in regards to building your own business. They ensure that you are on track and hold you to the expectations you set for yourself.

    You get what you put in- This career is not for the faint of heart or those who want something handed to them. If you do not wake up every day to find people that you can help educate and provide solutions to their problems then this isn't a job for you.

    Hands on help- There are numerous ways the office and staff help advisors with their business. The training program here has become top notch and is designed to get you up and running as quickly as possible. The staff is exceptionally helpful with marketing events, business coordinating and creating an incredible client experience

    Cons

    100% Commission Base

    This is not a career path for everyone. You cannot sit around and hope for clients to seek you out.

    The learning curve is steep but the joint work partners help fix that.


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  5. "great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Scientist in Boston, MA
    Current Employee - Data Scientist in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    MassMutual has a great culture and incredible people. Good benefits, generous vacation package, flexible work timings.

    Cons

    Can be extremely fast paced at times.


  6. "One of the best companies for Data Scientist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Scientist in Boston, MA
    Current Employee - Data Scientist in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Great career growth opportunity
    - The team is young so we have less legacy issues so we can try a lot of new technologies
    - Managers understand your work and even any technical details, your contribution is well recognized
    - Work is meaningful and impactful. We can see our work is changing the way we are doing business
    - Very good pay and benefits
    - Helpful and friendly colleagues, form whom I have learned a lot

    Cons

    It is a little challenging to prioritize works due to the number of projects because all are important and exciting. Therefore, it is a little difficult to achieve good work/life balance. I am glad to see this is changing as we are growing fast and having more resources


  7. "Great group, meaningful and impactful work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Scientist in Boston, MA
    Current Employee - Data Scientist in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Dynamic and smart group of data scientists and engineers
    - Impactful projects that span the entire company and its subsidiaries
    - Never-ending opportunities to learn and grow on the job

    Cons

    - The team is busy and growing rapidly. Time management can be difficult at times.


  8. "Great Company, Great Team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Walnut Creek, CA
    Current Employee - Financial Services Representative in Walnut Creek, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    1. Exceptional leadership.
    2. Great track record of helping people secure their futures and protect their loved ones.
    3. Great ongoing training.
    4. Very supportive colleagues.

    Cons

    I have not encountered a negative in this company. The work is hard, absolutely. The work demands a total commitment in order to be successful. BUT: there are considerable rewards for hard work.

    Advice to Management

    This company has been around forever. It has consistently moved up the Fortune500 list and resides at #76 right now. I don't have any particular new nuggets of advice. I'd just suggest they keep doing what they're doing.


  9. "Financial rep"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Lake Oswego, OR
    Current Employee - Financial Advisor in Lake Oswego, OR
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MassMutual full-time (More than 3 years)

    Pros

    Great culture! Independence, income and impact! You get to help people, have independence to still spend time with your family and make a good living in the process. If you're willing to work hard, you can make great money and feel fulfilled.

    Cons

    It's hard work for sure. You have to be willing to be coachable, work hard and deal with rejection. If you're willing to do all 3 of these things, you can be very successful but you have to be willing to pay the price for success.

    Advice to Management

    You have a great culture, product and service that you provide to the community. I would encourage you to continue to teach the young advisors how to get prospect.


  10. "Financial Service Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Professional in Lake Oswego, OR
    Current Employee - Financial Services Professional in Lake Oswego, OR
    Recommends
    Positive Outlook

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

    Pros

    MassMutual-Oregon was crucial in developing me as a professional straight out of college. While it a large company, it feels small in terms of support from the home office as well as the resources at the Lake Oswego location. They have an excellent training program that they stick with - it's not just 2 weeks and they forget about you. It's consistent, everyday development.

    The culture is filled with a lot of people who like to WIN - this is a competitive atmosphere where people work hard and there are options to go out and have a good time with coworkers too. Company trips, happy hours in PDX etc...

    There is a lot of freedom in the role and with hard work, a large payout. If you are looking into to get into the financial services business or are already experienced and don't feel like you have the things you need to be successful - make MassMutual your 1st choice.

    Cons

    By becoming a business owner, you'll need to act like a business owner. This means hard work and being accountable for your day in, day out activity. While the rewards are great, nothing comes easy and you have to have a great, positive, mentality when you start.

    Advice to Management

    Continue to put in your best effort training new reps and continue to support the more experienced producers.


  11. "Investment Service Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Service Specialist in Phoenix, AZ
    Former Employee - Investment Service Specialist in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at MassMutual full-time (More than 3 years)

    Pros

    The company offered industry best when it came to benefits. You are given a 401k (5% match), pension plan, 20 PTO (16 Vacation, 3 personal, 1 floating days) and 5 sick. This is a great company to build your career if you plan to continue on their insurance side. The broker/dealer positions are very limited as most of the operations are in Mass.

    Cons

    20% salary cap for internal promotions. It's known that you have to leave the company and come back to get a more competitive salary because of that ridiculous cap on salary. there is not much opportunity for growth as most positions are lateral moves.

    Advice to Management

    Get rid of the salary cap to encourage keeping current employees instead of paying outside candidates with no experience more.


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