Max New York Life Insurance

  www.maxnewyorklife.com
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Max New York Life Insurance Reviews

Updated 16 August 2014
Updated 16 August 2014
112 Reviews

3.9
112 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
21 Ratings

Review Highlights

Pros
  • Job safety for all trainers, work culture safety for all women were the real add ons (in 11 reviews)

  • excellent work environment and best justified career developement (in 6 reviews)


Cons
  • lack of training due to poor trainers (in 2 reviews)

  • below avg compensation, avg growth opportunity (in 2 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great opportunities as a Financial Sales Agent at NYL

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Professional
    Current Employee - Financial Services Professional

    Pros

    Great support through managers and experienced reps; Strong company with great products; Excellent Training; Mutual Company

    Cons

    Commission based; Hard to start; Time lag with business activities

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Very good company to work for

    Former Employee - Sales  in  San Ramon, CA (US)
    Former Employee - Sales in San Ramon, CA (US)

    Pros

    The benefits - the co-workers

    Cons

    The commissions are hard to get

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Financial Professional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Professional  in  Edison, NJ (US)
    Current Employee - Financial Services Professional in Edison, NJ (US)

    Pros

    Great people, Great company. Good place to start sales career.

    Cons

    Compensation structure is a little antiquated. Should consider moving away from Agency model

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Difficult job, but one can be successful

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Flexible work environment, independence, every day is different. This made it so you really had full control over how much effort you put into the job.

    Cons

    I didn't make any money at this job until about a month and a half in. They want you to prove yourself before they will make you full time and give you benefits. i guess that makes sense, but make sure you have some money saved up before you dive into a career in life insurance.

  6.  

    Good organisation

    Former Employee - A P  in  Mumbai (India)
    Former Employee - A P in Mumbai (India)

    Pros

    Exposure to various cross functional dept

    Cons

    Work life balance needs to be looked into

    Advice to ManagementAdvice

    360 deg feed back and employee open house.

    Doesn't Recommend
    Neutral Outlook
  7.  

    Good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Office culture & Promotion, company values to customers

    Cons

    promotions, training, balance between personal & professionlal life

  8.  

    Solid company, but they care more about their image than their agency force.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent  in  Minneapolis, MN (US)
    Current Employee - Agent in Minneapolis, MN (US)

    Pros

    Great name and unparalleled training

    Cons

    They pay significantly less do to their pension however their pension doesn't add up to what you are giving up to work for them.

    Advice to ManagementAdvice

    Don't make your partners recruit so much that they can't help develop their agents.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    I was Admin and Accounts Exec

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

    Pros

    Max had a very good work environment

    Cons

    Procurement is done through head office only. No rights was given at the local level.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent  in  Seattle, WA (US)
    Current Employee - Agent in Seattle, WA (US)

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    good work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Contractual  in  Gurgaon, Haryana (India)
    Former Employee - Human Resources Contractual in Gurgaon, Haryana (India)

    Pros

    good pay master . timely salary

    Cons

    no recognition for temp empolyees

    Advice to ManagementAdvice

    nothing

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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