Modern Woodmen Reviews | Glassdoor

Modern Woodmen Reviews

Updated November 11, 2017
103 reviews

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103 Employee Reviews

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Pros
Cons
  • Home office support shuts down at 4:30pm (in 6 reviews)

  • I don't have anything negative to say (in 3 reviews)

More Pros and Cons

  1. Helpful (3)

    "Lack of Training/Management/Supervision"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Nashville, TN
    Former Employee - Financial Representative in Nashville, TN
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Some of the best benefits in the industry when it comes to 401k, pension plan, health, dental, vision insurance
    Fraternal system can lead your way into sales with daycares and schools.

    Cons

    After you are hired it is all about the next hire for your Region. Management is trying to get the new agents up and running so existing agents are literally on their own after a month or two. Compensation is 100% commission so with a small company that isn't well known it is very challenging to get in the door. No leads or "book of business" are handed to new agents so you are starting from the ground up from your contract date. Turnover is extremely high due to new agents not being able to make it financially within the first 3-6 months.

    Advice to Management

    Possibly reform the compensation package to attract new agents like signing bonus, salary, etc.


  2. Helpful (1)

    "Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Rock Island, IL
    Former Employee - Financial Representative in Rock Island, IL
    Doesn't Recommend

    I worked at Modern Woodmen (More than a year)

    Pros

    Great company values. All about customer service. Pride themselves in helping others

    Cons

    Just more organization. Better formal training.

  3. "Insurance Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Excellent training of subject matter (policies, universal, whole life and term insurance.

    Cons

    Absence of a viable prospect program.

    Advice to Management

    Test vendor market assistance in locating and referring clients.


  4. Helpful (3)

    "Disappointing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Clerk
    Former Employee - Clerk
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    The benefits and flex hours were great. PTO, holiday pay Etc. Chapter 22 activities are also something that the company does that is wonderful.

    Cons

    They don't give you the training you need to exceed with the company. Instead they give you a trainer that's never around to help you or is always in "meetings".

    Advice to Management

    Train your employees yourself or at least give your employee a trainer who can actually help them.


  5. Helpful (11)

    "Very misleading local management, but a great company at best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Sales Representative in Springfield, MO
    Former Employee - Financial Sales Representative in Springfield, MO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    They have the best insurance and fraternal benefits for their clients by far in this industry!
    CEO Kenny Massey is an awesome man to work for. If he knew how things were ran in SW Missouri, he'd have a fit and heads would roll.

    Cons

    They call themselves at the regional level "not-for-profit" when they are anything but. Local managers breed an environment of harassment and bullying. They have lied to everyone that has come to work and said that they would give you money to help pay your bills if you need it while you are learning. This is the farthest thing from the truth. Wish I had started with a different insurance company when I first got into the business 3 years ago. I wouldn't be financially strapped right now if I had. They charge you for everything including a laptop that when you leave you must return to them even though you're required to pay $100/ month for it. After 2 years, you still have to return it.

    Advice to Management

    Watch your Regional Directors and management closely. There is a reason why 19 out of 20 new hires quit. I was the agent of the year in 2014 and quit due to lack of support. Your agents should not have to compete for business with their direct suprvisors. They supervisors already get a commission off of what the agents are making, so why should they be allowed to send the "small commission" accounts to the people struggling to make ends meet, while they sit back fat an easy enjoying there guaranteed salary???


  6. "Management is Very Self Serving"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Modern Woodmen full-time (More than 10 years)

    Pros

    Fraternal company that is structured to be member focused.

    Cons

    Regional directors run thier regions like private kingdoms. They make and change the rules of the road at will and there is no consistency. Legacy building via nepatism is rampant and doesn't look good for the long term outlook of the company.

    Advice to Management

    Refocus on members and the representatives who work with them everyday. Perks for the regional directors are already rich, managing partners need more support.


  7. "Information Systems and Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Rock Island, IL
    Current Employee - Anonymous Employee in Rock Island, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great compensation for the amount of actual work that you are required to complete.

    Cons

    I have never seen anyone held accountable for a lack of ability to meet job requirements, which translates into other employees having to pick up the slack. Overall hypocrisy from management.

  8. Helpful (3)

    "Good pay but poor training."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales
    Former Employee - Sales
    Doesn't Recommend
    Approves of CEO

    Pros

    Good compensation when a sale was complete. Good benefits package once probationary period is up, and if you can make a career out of it the retirement pension is very good.

    Cons

    Extremely slow to ever recieve first pay check (I went about 3 months), management is often involved in their own sales so they dont have a lot of time to sit with new representatives and teach them how to sell themselves.


  9. Helpful (3)

    "Apply today, Start work tomorrow!...But get a paycheck next month...and training 6 months later."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend
    No opinion of CEO

    Pros

    No Experience or Education is required to come on board. You go through 3 tiers of interviews, but as long as you don't have a felony, you will be offerred a job. They will work with you every step of the way to ensure that you pass the state exam (about a 1-2 week study-cram). Then you are given a rebate (refund of exam and licensing fee) when you pass. Your computer, business cards, and other incidental biz expenses are credited to you and taken out of your paycheck, gradually.

    Cons

    Must have abouth a 6-month business expense to live on. It will be at least a month before you will start receiving income. So you must pay for transportation and supplies. Leads are cold (luke-warm at best). Low name recognition of "Modern Woodment". Extensive 1-week District training in Rock Island, IL, is given after you have been on your own for about 6 months. The training was good, but very late.

    Advice to Management

    Give the District training immediately after the agent passes the state exam and BEFORE having the agent selling, unsupervised.


  10. Helpful (5)

    "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Amarillo, TX
    Former Employee - Financial Representative in Amarillo, TX
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Lots of independence and ability to set your own hours. Hardwork pays off sometimes but not always. You must be willing to harass a lot of people before you get a small sale.

    Cons

    Lack of quality training, must learn on the job. To be successful you must work long hours everyday and invest a lot of your own money into gas, client lunches, and advertising.

    Advice to Management

    Invest more time with your field representatives than simple class room lecture and a couple of sales calls.


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