Max New York Life Insurance Reviews

Former Employee – worked at Max New York Life Insurance full-time for less than a year

Pros – strong base for training very positive ointment and nice work culture to perform.

Cons – There is nothing to say about this.

Advice to Senior Management – keep it up

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Max New York Life Insurance full-time for less than a year

Pros – Great Training, Resourceful Team, Great Mentors

Cons – Salary is all commission based, not a great job for a student out of college.

No, I would not recommend this company to a friend

Current Employee – been working at Max New York Life Insurance part-time for less than a year

Pros – I learnt about human needs and how the country is being helped from insurance

Cons – some of the officials are not punctual

Advice to Senior Management – more trainning is required for advisors about the products

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Max New York Life Insurance full-time for less than a year

Pros – Standard remuneration, training up to the mark matches with present market scenario. Good boost up programmes held in the branch to motivate agents.

Cons – Downside is market has a huge obstacle of selling Insurance product.The process is trained in the organization cant be applicable in the present market scenario.Because market is no at all educated.

Advice to Senior Management – Keep going.

Yes, I would recommend this company to a friend

Former Employee – worked at Max New York Life Insurance full-time for more than 3 years

Pros – Honestly, There is no any reason to work with.

Cons – Following hybrid model in all aspect since 1 mYr.

Advice to Senior Management – Take care to old employees, Listen to bottom management team, dont create space between Old n New eployees. ....

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Max New York Life Insurance full-time for more than a year

Pros – Denver GO is a great place to build a practice. There is an energetic work environment with passionate development managers, unparralelled products, and fantastic professional development, The MAP process is invaluable at helping people recognize their life insurance need and highlights the importance of after tax assets. Sit down with Mark Biren (managing partner) for 45 minutes, and it will blow your mind.

Cons – Most people will fail at this job. Several others will build their book and get "poached" to another outfit. I keep plugging away because I believe in myself, and I made promises to my clients.

In a word, the biggest con of this job is uncertainty. You never know where your next client will come from. One needs to keep from having "commission breath" (i.e. that sense of desperation that you need to land another case). Treat your clients like gold to survive. That is the company mantra, and something I utilize in my practice.

The sweet spot for our concepts are the upper middle income to upper income markets. NYLIC has placed a high minimum floor for the face amount for several of their products (probably a good business decision but limits what we can place). Other than that, I can't really complain. Any place that you go to in financial services will be similar. You have to build your own book of business when you start out. You can either build a practice, or you can work in a call center. Call center work has low upward mobility. At least I have a "coin flip" chance of being successful by working under a NYLIC appointment and NYLIFE Securities broker dealer. We dominate on life products and the value they provide. We also just so happen to provide top tier investments.

Advice to Senior Management – Hey, MAINSTAY is great for the niches dug out, but would you be willing to allow internal/external wholesellers show Franklin Templeton and other funds we can use on the short list? MAINSTAY is great for some areas of a portfolio, but we could benefit from utilizing other's expertise.

Other than that, I really like the fact that NYLIC is starting to advertise! How can we expect to place business when we are the least thought of insurance company (here I am referring to the consumer survey where consumers named everyone except for us).

Thank you for keeping life in the company name. 7 out of 10 people get to retire, but, at last check, 2 out of 2 people die...

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Max New York Life Insurance full-time for more than 3 years

Pros – core values, core values, core values,core values,core values

Cons – personal life is not good due to some extra pressure

Advice to Senior Management – atleast minimum 15 days leaves should be compulsory for each ADM & SR. ADM FOR HIS PERSONAL LIFE

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Max New York Life Insurance part-time for more than a year

Pros – i have joined to secure and safeguard life of my family, relative, friends and people who are known or unknown to me in short to create an awareness for insurance

Cons – should form an habit to contribute your time for at least four hours a day.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Max New York Life Insurance full-time for more than a year

Pros – Great opportunity if you have business connections. You have to approach this as if you are building your own busiess. Of all the companies I've worked for and researched New York Life has the best development and pay scale.

Cons – 100% commission. You tend to be working all of the time. I've had numerous weeks that I've worked 60-70 hours and made ZERO Dollars. Managers want you to be a part of their meetings that are just glorified pep rallies. You make no money going to these meetings and you're usually encouraged to cancel any money making appointments to attend them. You have to learn to do whatever makes you money and ignore everything else.

Advice to Senior Management – Be willing to help those that work hard and ignore the people that do now have the work ethic. Also stop having mandatory meaningless meetings.

No, I would not recommend this company to a friend

Current Employee – been working at Max New York Life Insurance as a contractor for more than 7 years

Pros – One of best non banking pt Insuracce co Who puts lot of emphases on training and good practices on how to sell insurance

Cons – Very strict to follow the co policies which at times disheartening

Advice to Senior Management – Should be a bit more flexible

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company