There are newer employer reviews for Modern Woodmen

Helpful (1)

Great company for a retired person or a used car salesman.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Contractor - Financial Representative in Conway, AR (US)
Former Contractor - Financial Representative in Conway, AR (US)

I worked at Modern Woodmen as a contractor (less than a year)

Doesn't Recommend
Neutral Outlook
Approves of CEO
Doesn't Recommend
Neutral Outlook
Approves of CEO

Pros

You are rewarded for success.

Cons

The older experienced representatives farm young talent to grow the business and then cut them loose when they have gotten every dollar out of you.

Advice to Management

Give new employees a stable work environment.

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  1. Great company to work for, but you must be an insurance salesman.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Financial Representative
    Former Contractor - Financial Representative

    I worked at Modern Woodmen as a contractor (less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    --Great company values
    --Extra (fraternal) benefits
    --Gives back to the communities
    --Unlimited potential
    --Set your own schedule, be your own boss!

    Cons

    Even though Modern Woodmen is a great company with a long track record, it is insurance first, investments later. In other words, you may be able to take on the function of an advisor and sell securities, but the insurance will always come first (that's how benefits, contracting, etc are determined). If you're an insurance salesman, Modern Woodmen's insurance is pretty competitive. But if you want to be a little more "rounded" or want to focus on financial planning and/or advisory services, you may want to consider looking elsewhere.

    Advice to Management

    Come up with a compensation/contract structure that allows financial planners/advisors to flourish a little more. You've got an awesome company, but the advisory/planning services aren't on par with brokerage/advisor firms.

  2. Helpful (3)

    not for me, but for anybody looking into financial services there isnt a better company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in Austin, TX (US)
    Former Employee - Intern in Austin, TX (US)

    I worked at Modern Woodmen

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    no ceiling. Chance to really make a difference in people's lives, not just make money. Community service. Great and supportive work atmosphere.

    Cons

    No ceiling but also no floor since it is all commission based. Not a well known company and its not for profit so at the beginning there is a lot of cold calling.

    Advice to Management

    Management is always there and can be relied upon. Management people also started right where everybody else did so they always know exactly what you are going through.

There are newer employer reviews for Modern Woodmen

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