There are newer employer reviews for Modern Woodmen

1 person found this helpful  

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

40 Other Employee Reviews for Modern Woodmen (View Most Recent)

Sort: Rating Date
  1.  

    Lack of Training/Management/Supervision

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

    I worked at Modern Woodmen full-time (less than an year)

    Pros

    Some of the best benefits in the industry when it comes to 401k, pension plan, health, dental, vision insurance
    Fraternal system can lead your way into sales with daycares and schools.

    Cons

    After you are hired it is all about the next hire for your Region. Management is trying to get the new agents up and running so existing agents are literally on their own after a month or two. Compensation is 100% commission so with a small company that isn't well known it is very challenging to get in the door. No leads or "book of business" are handed to new agents so you are starting from the ground up from your contract date. Turnover is extremely high due to new agents not being able to make it financially within the first 3-6 months.

    Advice to ManagementAdvice

    Possibly reform the compensation package to attract new agents like signing bonus, salary, etc.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Good Career Opportunity, Not for Everyone

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

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

    Pros

    Control your own schedule, health insurance and pension plan provided, 401-k available with match, Fraternal Business Model allows you to give to the community, work with people of great integrity.

    Cons

    Home office employees lack understanding of what field force challenges are, Management favoritism/legacy building is rampant, Focus is on increasing # of managers rather than supporting existing reps and current managers, Product offering is limited.

    Advice to ManagementAdvice

    Listen to recordings of agents calling the home office...you might be shocked how disrespectful some HO staff is and the inaccurate information given. Cut the number of Regional Directors in half, half of them aren't producing anyway, use the savings to increase agent and managing partner compensation/support. Managing Partners are the ones who recruit new reps, make that a more attractive position and provide more support to them.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Modern Woodmen

Work at Modern Woodmen? Share Your Experiences

Modern Woodmen

 
Click to Rate
or

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