AXA reviews

3.9

76% would recommend to a friend

(430 total reviews)
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Thomas Buberl

86% approve of CEO

62% positive business outlook

Reviews by job title

430 reviews

Reviews about "Compensation"

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1.0
Jan 21, 2017

Scam!

Recommend
CEO approval
Business Outlook

Pros

You get sponsored to take the Series 7 exam. You can then use your license to get interviews at more ethical, prestigious, and respectable employers.

Cons

The management at AXA are a bunch of liars and crooks. They make absurd claims like you'll make $250,000 your first year. The pre-employment phase (PEP) is basically a slave labor racket which exploits the ambitions of recent college graduates. What they don't tell you in the "interview" process is that most people do not make it out of PEP and those who do make essentially no money for 5 months. Moreover, the amount of time and effort that they demand out of you during PEP is absurd considering that they pay you absolutely nothing. There are dozens of boutique firms in Manhattan where you can do the same exact thing and have significantly more autonomy. On your first day in the office, you find out that, in order to go on contract, you have to obtain licenses in multiple states which you have to pay several hundred dollars for out of pocket. Also, financial advisers at AXA are really just glorified insurance salespeople. The "advisers" at AXA push life insurance on everyone (even people who clearly don't need it) because that is where the most commissions are obtained. If you are interesting in selling stocks, bonds, and mutual funds, forget about working here. To be sure, private wealth management is a potentially lucrative field. If you are truly interested in the industry there are far more reputable firms that you can and should consider: Morgan Stanley, Meryl Lynch, UBS, Charles Schwab, Fidelity, Edward Jones, etc. Stay away from AXA.... far away!

4.0
Jan 13, 2017

Associate in digital marketing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay, international workplace with strong ties in certain departments to AXA group, very good holiday system, understanding for minoriy inclusion etc

Cons

Older employees, too many stake holders, . . . . . . . . . . . . . . . . . . .

4.0
Jan 6, 2017

Enjoyable.

Recommend
CEO approval
Business Outlook

Pros

The people that worked with the company were wonderful people. Such a friendly yet professional atmosphere. Job itself has an immense potential for advancement in only a few years. However not enough can be said about how welcoming and helpful upper management is.

Cons

Pile on massive workloads which you're responsible for completing on your own time. Full commission after 4 weeks in which you have to complete studying for a licensing exam (about 3-4 ours of studying a day on top of a 10 hour work day). Realistically, if you are not supported financially by someone else, it is very tough to get started in this business.

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