Modern Woodmen Reviews | Glassdoor

Modern Woodmen Reviews

Updated March 3, 2017
90 reviews

Filter

Filter

Full-time Part-time

90 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • Home office support shuts down at 4:30pm (in 5 reviews)

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

More Pros and Cons

  1. Helpful (1)

    "Modern Woodmen is a solid employer with good benefits and a strong training program"

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

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

    Pros

    One of the highest ratings for a financial services company.

    Cons

    Old workforce drives up the cost of health benefits.


  2. Helpful (2)

    "Good company to work for, hard business to succeed in."

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

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

    Pros

    Quality values, they want you to succeed, and their fraternal benefits are a great selling point.

    Cons

    Their name recognition is substantially less than Edward Jones or any of the other big guys. There was very little training in the first three months.

    Advice to Management

    Establish a training program within a month of hiring a new Financial Representative.


  3. Helpful (2)

    "Great Company...Client Focused. Good career opportunity especially if you plan to work in the middle America market."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Madison, MS
    Current Employee - Financial Representative in Madison, MS
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Modern Woodmen full-time (More than 10 years)

    Pros

    Fraternal Company, Good Training for New Representatives, Very Good Corporate Citizen, Supports Representatives Giving Back to Community, Defined Benefit Plan Funded by Company, Excellent Medical & Dental Plans, 401K

    Cons

    Not as much support for seasoned representatives...more focused on newer reps, Relatively low commission rates compared to industry however benefits are good, Annual "Incentive" trip is basically a glorified sales meeting usually in a great location but the time is filled with meetings.

    Advice to Management

    Recognize that established reps need support too, Reduce amount of time spent in meetings at annual conference or stop making reps qualify, Promoting as many Regional Directors as possible doesn't make sense...they aren't the ones producing. Reduce the number of management in the field and increase agent compensation/bonus.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Conservation Clerk"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Rock Island, IL
    Former Employee - Anonymous Employee in Rock Island, IL
    Positive Outlook
    Approves of CEO

    I worked at Modern Woodmen full-time

    Pros

    Excellent health benefits. They encourage you to continue your education by paying for LOMA courses. They also give you personal time off, vacation, and sick leave. They are involved with the community and make efforts to build relationships.

    Cons

    While it is an insurance company, it is somewhat of a stuffy atmosphere and cliquey for people. The dress code is a bit too intense.


  6. "Finical intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Ann Arbor, MI
    Former Employee - Anonymous Employee in Ann Arbor, MI
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Modern Woodmen (Less than a year)

    Pros

    My boss was great, everyone in the office was very nice and welcoming. Easy to get along with co-workers

    Cons

    Paid only on commission base can be not stable. Commission is good potenial for advancement


  7. "Summer Employee"

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

    I worked at Modern Woodmen full-time

    Pros

    I absolutely loved my job. Everybody was so welcoming and I made life long friends at work. Very professional place. I would go back if they asked.

    Cons

    The only con I have is that there wasn't enough work for me. I spent a lot of days sitting at my desk with nothing to do.

    Advice to Management

    Just have more work for summer employees and I would rate modern woodmen a 10/10


  8. "Financial Rep"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Excellent company. Great Benefits. Great people

    Cons

    Chargebacks, Working weekends and evenings

    Advice to Management

    none


  9. "Banking Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    Pros

    Great co-workers, benefits are solid, still offer a pension plan

    Cons

    strict formal dress code, difficult to advance, high stress financial environment

    Advice to Management

    revise dress code for internal office employees that do not interact with clients.


  10. Helpful (3)

    "Financial Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Cary, NC
    Former Employee - Financial Representative in Cary, NC
    Recommends
    Approves of CEO

    Pros

    -Unlimited amount of opportunity to earn money
    -Excellent training program to prepare yourself to be on your own
    -Great office environment and everyone is willing to help you succeed
    -Make your own schedule

    Cons

    -No base pay so income fluctuates
    -Money you earn can be lost due to clients being declined or deciding to not go through with their plan
    -If you aren't on top of things your business will get behind and you will be unsuccessful
    -Not being local to the office can hurt you because you are not around everyone and learning daily

    Advice to Management

    I think management is doing a great job. They tell it to you straight and don't sugarcoat anything. They are very supportive and are willing to do anything they can to help you.


  11. "Great place to work!"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Modern Woodmen full-time (More than 10 years)

    Pros

    MWA sincerely cares about their employees as much as they do their members. It is very much a family atmosphere even though it is a large organization. Servant leadership just isn't a thing, it is engrained in the culture and a part of everyday life.

    Cons

    It is still a conservative financial institution and it has it's quirks, i.e. dress code, breaks, rules. However, things are changing and a breath of fresh air is emerging.

    Advice to Management

    Don't forget who we are and what we stand for.



Showing 90 of 100 reviews
Reset Filters