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Modern Woodmen of America: Touching lives. Securing Futures

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Financial Representative  in  Tacoma, WA (US)
Current Employee - Financial Representative in Tacoma, WA (US)

I have been working at Modern Woodmen

Pros

The possibility for advancement are only limited by the amount of work that you are willing to put forth. If management is for you, than you have the best opportunity in the financial services industry to advance into management. The benefits package is amazing, there is an old-fashioned pension, which gives you an extra incentive to work hard.

Cons

If you are a person that is not good at time management, this job is not for you. Also if you are not good at keeping track of what you do, you could have problems. As you have no "boss" per-se, you need to keep careful watch of the time you use and don't use.

Advice to ManagementAdvice

Keep being hands on, and make sure that you keep close watch on the reps that have been contracted for fewer than 6 months.

Recommends
Approves of CEO

Other Reviews for Modern Woodmen

  1.  

    Working for Modern Woodmen of America has been better than all the other insurance companies I have worked with.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative  in  Nashville, TN (US)
    Current Employee - Financial Representative in Nashville, TN (US)

    I have been working at Modern Woodmen full-time for more than a year

    Pros

    Besides having great products to offer my clients, Modern Woodmen is a fraternal company which provides $30 million every year for us to use in our communities. This is great fir the communities, our members, and has the effect of great marketing for us.

    Cons

    There are some additional products I wish we had to sell.

    Advice to ManagementAdvice

    Listen to the field reps for new products to meet market demands.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great Company...Client Focused. Good career opportunity especially if you plan to work in the middle America market.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative  in  Madison, MS (US)
    Current Employee - Financial Representative in Madison, MS (US)

    I have been working at Modern Woodmen full-time for more than 10 years

    Pros

    Fraternal Company, Good Training for New Representatives, Very Good Corporate Citizen, Supports Representatives Giving Back to Community, Defined Benefit Plan Funded by Company, Excellent Medical & Dental Plans, 401K

    Cons

    Not as much support for seasoned representatives...more focused on newer reps, Relatively low commission rates compared to industry however benefits are good, Annual "Incentive" trip is basically a glorified sales meeting usually in a great location but the time is filled with meetings.

    Advice to ManagementAdvice

    Recognize that established reps need support too, Reduce amount of time spent in meetings at annual conference or stop making reps qualify, Promoting as many Regional Directors as possible doesn't make sense...they aren't the ones producing. Reduce the number of management in the field and increase agent compensation/bonus.

    Recommends
    Neutral Outlook
    Approves of CEO
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