Max New York Life Insurance

  www.maxnewyorklife.com
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Max New York Life Insurance Reviews

Updated 16 August 2014
Updated 16 August 2014
112 Reviews

3.9
112 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Max New York Life Insurance CEO & Managing Director Rajesh Sud
Rajesh Sud
21 Ratings

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 6 reviews)


Cons
  • lack of training due to poor trainers (in 2 reviews)

  • below avg compensation, avg growth opportunity (in 2 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    I was Admin and Accounts Exec

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Max New York Life Insurance

    Pros

    Max had a very good work environment

    Cons

    Procurement is done through head office only. No rights was given at the local level.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good organisation

    Former Employee - A P  in  Mumbai
    Former Employee - A P in Mumbai

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

    Pros

    Exposure to various cross functional dept

    Cons

    Work life balance needs to be looked into

    Advice to ManagementAdvice

    360 deg feed back and employee open house.

    Doesn't Recommend
    Neutral Outlook
  3.  

    Good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Office culture & Promotion, company values to customers

    Cons

    promotions, training, balance between personal & professionlal life

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  5.  

    good work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Contractual  in  Gurgaon, Haryana
    Former Employee - Human Resources Contractual in Gurgaon, Haryana

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

    Pros

    good pay master . timely salary

    Cons

    no recognition for temp empolyees

    Advice to ManagementAdvice

    nothing

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Max New York life changed my career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager Training  in  New Delhi
    Former Employee - Manager Training in New Delhi

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

    Pros

    There 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.

    Cons

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

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Pathetic, the enire channel of Direct Sales team got vanished.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Planning Manager  in  Calcutta
    Former Employee - Financial Planning Manager in Calcutta

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

    Pros

    Very good incentive scheme. Good leave structure but Sales Managers do huge mal practice to curtail it.

    Cons

    people dont want to buy their costly policies which are so heavily burdened with policy admin charges that the investment becomes pretty bad. Hr and admin are really irrate they dont support sales team, and dont pay much heed to it.

    Advice to ManagementAdvice

    Please try to focus on company's mission and vission, at the year 2009, the entire hierarcy was changed and another pseudo position ASM was creted between FPM and DSM, so those who fulfilled the target for 6 lakh got the same promotion of Associate Sales Manager which confirms a target of 2,30,000 in 9 months. Such sordid scenario explains the poor leadership and management at top level. This place is not at all for high performers.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Best Employer in Insurance sector

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Agency Manager  in  Jaipur, Rajasthan
    Former Employee - Agency Manager in Jaipur, Rajasthan

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

    Pros

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

    Cons

    Dual reporting system and operations should be kept separately

    Recommends
    Neutral Outlook
  9.  

    Marketing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing  in  Gurgaon, Haryana
    Former Employee - Marketing in Gurgaon, Haryana

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

    Pros

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

    Cons

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

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Human organisation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Max New York Life Insurance

    Pros

    Nothing as such the co has a good vision for agency business

    Cons

    Nothing as such its just the right place to be if you want to be in insurance

    Positive Outlook
    Approves of CEO
  11.  

    Great place to work !!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Max New York Life Insurance full-time for more than 5 years

    Pros

    Good place to work
    good salary
    nice work life balance

    Cons

    none at all !!!!!!!!!!!!!!!
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    Advice to ManagementAdvice

    keep up the good work !!

    Recommends
    Approves of CEO

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