Max New York Life Insurance
3.8 of 5 102 reviews
www.maxnewyorklife.com Gurgaon, India 1000 to 5000 Employees

Max New York Life Insurance Reviews

Updated Apr 18, 2014
All Employees Current Employees Only

3.8 102 reviews

                             

94% Approve of the CEO

Max New York Life Insurance CEO & Managing Director Rajesh Sud

Rajesh Sud

(16 ratings)

74% of employees recommend this company to a friend
102 Employee Reviews
Relevance Date Rating
in

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 5 reviews
Cons:
  • "lack of training due to poor trainers"
    in 2 reviews
  • "Dual reporting at branch and HO"
    in 2 reviews
  • Show more review highlights

Reviews

 

Supervisor

Anonymous Employee (Former Employee)

I worked at Max New York Life Insurance

ProsNew York Life is resilient and able to thrive in all economic conditions.

ConsNew York Life is selling off its Asia Life Operations

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

good work culture

Human Resources Contractual (Former Employee)
Gurgaon, Haryana (India)

I worked at Max New York Life Insurance as a contractor for less than a year

Prosgood pay master . timely salary

Consno recognition for temp empolyees

Advice to Senior Managementnothing

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

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

Agent (Current Employee)
Seattle, WA (US)

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

ProsExcellent 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.

ConsIt'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.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Max New York life changed my career

Manager Training (Former Employee)
New Delhi (India)

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

ProsThere was a lot of learning culture at that point of time in MNYL. The trainers were highly paid and all that was expected from them to give knowledge to all , be agressive in terms of spreading knowledge and no sales pressure. Job safety for all trainers, work culture safety for all women were the real add ons.

ConsThere were long office hours, work life balance was spoiled as the trainer was expected to be in office till 7.30-8 pm.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

very nice

Financial Advisor (Current Employee)
New York, NY (US)

I have been working at Max New York Life Insurance full-time for less than a year

Prosgreat people. lots of things to learn

Conspays a little lower than others

Advice to Senior Managementbe more on time

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Best Employer in Insurance sector

Agency Manager (Former Employee)
Jaipur, Rajasthan (India)

I worked at Max New York Life Insurance full-time for more than a year

ProsExcellent Man management & Leadership process to improve leaders in generating business, Training and support services are excellent

ConsDual reporting system and operations should be kept separately

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Extremely challenging initially but high up-side potential.

Financial Services Professional (Current Employee)

I have been working at Max New York Life Insurance full-time for more than a year

ProsExcellent training and massive amounts of resources at your disposal. Company brand is extremely strong. Compensation structure has potential for extremely high income.

ConsCompany charges you, the agent, for everything. They charge you rent for your cubicle, your phone, internet, making copies, stationary, business cards, etc. Compensation is 100% commission. You will also lose "friends".

Advice to Senior ManagementWith the exception of a couple senior-level managers, my experience with management was positive.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Agent

Anonymous Employee (Former Employee)

I worked at Max New York Life Insurance

ProsFriendly, Treats employees with respect, work life balance, smart employees, opportunity to grow,

ConsThe only con i can think of is the initial training. Passing the appropriate test takes time

Advice to Senior ManagementGreat job!

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Marketing

Marketing (Former Employee)
Gurgaon, Haryana (India)

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

ProsGood HR Practices, Employee-friendly, career progression . Long vintage employees already in the system . Working with a good leader will be helpful

ConsCareer pathing process was not rigorously followed. No idea about present day.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

My experience with New York Life was very interesting.

Insurance Agent (Former Employee)
San Francisco, CA (US)

I worked at Max New York Life Insurance as a contractor for less than a year

ProsIt is an opportunity for people who are good at sales to work with very nice people and make a good living.

ConsIt is a strictly commission sales job.

Advice to Senior ManagementNone

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Max New York Life Insurance? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Max New York Life Insurance reviews and ratings - including employee satisfaction and approval ratings for Max New York Life Insurance CEO Rajesh Sud. All 102 reviews are posted anonymously by Max New York Life Insurance employees.