Max New York Life Insurance

  www.maxnewyorklife.com
  www.maxnewyorklife.com

Max New York Life Insurance Reviews

Updated 17 November 2014
Updated 17 November 2014
126 Reviews
3.7
126 Reviews
Rating Trends

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

Review Highlights

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

  • Flexible work environment, independence, every day is different (in 7 reviews)


Cons
  • Salary is all commission based, not a great job for a student out of college (in 3 reviews)

  • 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 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great team at New York Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Myrtle Beach, SC (US)
    Current Employee - Insurance Agent in Myrtle Beach, SC (US)

    I have been working at Max New York Life Insurance full-time (less than an 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 ManagementAdvice

    Keep training and looking for the best people in and out of the business.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Its been a learning experience with some much to get trained in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agency Development Manager in Farīdābād, Haryana (India)
    Current Employee - Agency Development Manager in Farīdābād, Haryana (India)

    I have been working at Max New York Life Insurance full-time (less than an year)

    Pros

    Their training modules for our development, the training by Kinder brothers is one such aspect.

    Cons

    New to the sector and a lot to grasp.

    Advice to ManagementAdvice

    Training modules should be selected by company for the employees and not the either way around systematically with rite amount of gap in between the training's.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    friendly work environment but low compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)

    I have been working at Max New York Life Insurance full-time (less than an year)

    Pros

    pension plan and 401k

    Cons

    vacation days are only 2 weeks per calendar year

    Advice to ManagementAdvice

    na

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Big Life Insurance company with strong work force

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Max New York Life Insurance

    Pros

    Training imparted is good, there is personal growth

    Cons

    There is less work-life balance

  6.  

    Overall Good

    Current Employee - CHIEF MANAGER in Gurgaon, Haryana (India)
    Current Employee - CHIEF MANAGER in Gurgaon, Haryana (India)

    I have been working at Max New York Life Insurance (less than an year)

    Pros

    Colleagues are very helpful and friendly

    Cons

    Difficult product to sale and industry

  7. 1 person found this helpful  

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

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

    I have been working at Max New York Life Insurance full-time (less than an 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 ManagementAdvice

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Field Representative in Miami, FL (US)
    Former Employee - Field Representative in Miami, FL (US)

    I worked at Max New York Life Insurance as a contractor (more than 3 years)

    Pros

    Great training and benefits, if taken advantage of.

    Cons

    Too many meetings, rules, red tape.

    Recommends
  9.  

    Working as Assistant Manger as MNYL

    Former Employee - Assistant Manager in Gurgaon, Haryana (India)
    Former Employee - Assistant Manager in Gurgaon, Haryana (India)

    I worked at Max New York Life Insurance full-time (more than 3 years)

    Pros

    Good opportunities and Good learning and with great deal of responsibilities.

    Cons

    No transparency and office politics is at its peak

    Advice to ManagementAdvice

    Kindly take care of office politics and give chance to talent.

  10.  

    From Excellent place to work to marginal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer in New York, NY (US)
    Former Employee - Developer in New York, NY (US)

    I worked at Max New York Life Insurance full-time (more than 10 years)

    Pros

    The pay is good and there are a lot of good people that work you. There is a generous vacation policy, but benefits are being eroded year after year.

    Cons

    senior management is out of touch, there have been many re-orgs and lay-offs over the past 5 years. No stability, and no job security.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Big Name only!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager in New Delhi (India)
    Current Employee - Assistant Manager in New Delhi (India)

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

    Pros

    Employee friendly only to the extent of leaves approved by the managers in the actuarial department.

    Cons

    extremely poor annual salary hikes, no market correction given, micro management from the managers end.

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