Max Life Insurance Reviews | Glassdoor

Max Life Insurance Reviews

Updated May 17, 2017
60 reviews

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5.0
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Max Life Insurance Executive Vice Chaiman & Managing Director Rajesh Sud
Rajesh Sud
28 Ratings

60 Employee Reviews

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Pros
Cons
  • You have a trail period or P-Tas period to show them what you can do before you are actually a full time agent (in 5 reviews)

  • Low Salary career opportunity growth plan (in 3 reviews)

More Pros and Cons

  1. "Mixed emotions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Professional in Melville, NY
    Current Employee - Financial Services Professional in Melville, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Max Life Insurance full-time (More than a year)

    Pros

    New York Life is an incredibly strong company. It has one of the best reputations in the industry. As an agent you have limited products to sell but once you become registered and pass the series 6 exam. You are able to sell many more and interesting financial products. The income potential is amazing and could become quite a lucrative business. If you already have a strong network, you're already ahead of the game.

    Cons

    Some of the downsides of working for NYL is obviously that its a life insurance company. The thing that make it such a strong company is also what made me not like the business as much. You have to be ready to take a lot of rejection from family, friends and random people you meet out working the field. Also, once you say you work for New York Life, people will run out of the door because no one likes to talk about life insurance.


  2. "Insurance agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Mobile, AL
    Current Employee - Insurance Agent in Mobile, AL
    Recommends
    Positive Outlook

    I have been working at Max Life Insurance full-time (Less than a year)

    Pros

    Flexible schedule and great commission structure

    Cons

    first few months are rough and it's a grind but worth it in the end


  3. Helpful (1)

    "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - TEXAS (TX) in Dallas, TX
    Current Employee - TEXAS (TX) in Dallas, TX

    I have been working at Max Life Insurance full-time

    Pros

    Great management organization with massive support for both employees and leaders. Company innovative strategies well thought out with suffient resources to optimize critical projects.

    Cons

    Does not embrace fresh perspectives from industries outside of narrow internal industry focus


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  5. "Clerical Worker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Bronx, NY
    Former Employee - Administrative Assistant in Bronx, NY
    Recommends
    Positive Outlook

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

    Pros

    Great company to work. A Raise every year.

    Cons

    Don't close early for snowstorms.


  6. "Great team at New York Life"

    Star Star Star Star Star
    • 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 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.


  7. Helpful (1)

    "Salary was completely based on commission and it was a big adjustment to this coming from salaried positions"

    Star Star Star Star Star
    • 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 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.


  8. Helpful (1)

    "Helping people with planning, life insurance, asset protection, retirement planning and education funding ."

    Star Star Star Star Star
    • 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 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.


  9. Helpful (1)

    "Best insurance company to work for in terms of support, education and compensation."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Seattle, WA
    Current Employee - Agent in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Max Life Insurance full-time (More than 3 years)

    Pros

    Excellent training and support for new agents.
    You can't ask for a better managing partner than Mark Madgett. He is an inspiring leader who knows all the agents and cares for their success. He supports the office and all agents in the most positive, helpful and fun ways possible.

    Cons

    It's commission based and the first couple of years are generally a pay it forward investment. You need to be willing to work diligently and withstand sporadic paystubs for the first few years. This is true of most financial services job, nothing specific to this office or company.


  10. Helpful (1)

    "They are an excellent company."

    Star Star Star Star Star
    Current Employee - Insurance Agent in Charleston, SC
    Current Employee - Insurance Agent in Charleston, SC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Max Life Insurance full-time (Less than a year)

    Pros

    They give first rate training.

    Cons

    Long hours at the shop.

    Advice to Management

    Keep promises to your agents.


  11. "Financial Service Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Professional in Milwaukee, WI
    Former Employee - Financial Services Professional in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Max Life Insurance full-time (More than 3 years)

    Pros

    Great Management Teams! Love Milwaukee! Learned so much and they really cared about me and my success.

    Cons

    Tough financial market and have to be extremely dedicated.

    Advice to Management

    Keep up the great work!


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