There are newer employer reviews for MassMutual

 

Terrible - Go to another company, this is not what a career should be

Former Employee - Financial Advisor  in  Nashua, NH (US)
Former Employee - Financial Advisor in Nashua, NH (US)

I worked at MassMutual full-time for more than 3 years

Pros

Turnover rate is so high - you can get hired easily

Cons

Too much focus on commissions and pushing product - no focus on customer

Advice to ManagementAdvice

Take some management courses

301 Other Employee Reviews for MassMutual (View Most Recent)

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  1.  

    Great Training. Commissions only.

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

    I worked at MassMutual as a contractor for more than a year

    Pros

    Flexibility, independence, exceptional training. The company is solid and its products high-end and reliable. There is a good amount of support for new agents, along with some financial help for the first year. The agencies in general do a great job, while home office is a little less helpful. It is beneficial to try this career because, even if it does not result in large amounts of sales, the training alone is well worth the time and lays an experiential foundation for the future when the economy improves again.

    Cons

    Underwriting is a nightmare. Agents do the cold calls, get the appointments, make the sales. It is disappointing to then feel that underwriters are slow to handle the business. It leaves the frustrated agent feeling like he/she must run through a defensive line and only occasionally score. The home office staff is overworked and underpaid, which is difficult and often causes the loss of hard-won clients to competitors who have a more efficient system. Commission only is always a challenge, especially in this economy. It is recommended that one have an additional income before embarking on a career as an agent.

    Advice to ManagementAdvice

    Encourage new people as much as possible. Be realistic with expectations. Even seasoned agents are not able to sell as many financial service products as they could before the economic crash. Please don't compare a new agent to your father who began in the 1960s. It is a new, harsher world in the finance business, with less disposable income and more govenment regulation.

    Doesn't Recommend
    Negative Outlook
  2.  

    Great place to start a career in life insurance

    Current Employee - Financial Services Professional  in  Chicago, IL (US)
    Current Employee - Financial Services Professional in Chicago, IL (US)

    I have been working at MassMutual full-time

    Pros

    Senior managememt really cares about you and wants you to succeed. Excellent training, mentoring programs, competitive commision structure, could be a great career for someone who is good at building a book of business. Solid and stable company. Great people to work with. Everyone is really geniune and knowlegable. Very professional work setting.

    Cons

    Tough industry, have to be good at prospecting, no base salary, have to pay for your own marketing, turn over high.

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