Since 1994, Micromax Inc. has been addressing the needs of the financial services industry for automated recruiting solutions. The company's founders have over 50 collective years of sales, recruiting and management experience financial services. Micromax designs and markets products and solutions targeted to meet the current and emerging challenges of financial service professionals.
Our client base includes renowned financial service providers such as Farmers Insurance Group, Lincoln Financial/Sagemark Consulting, Waddell and Reed, John Hancock, Massachusetts Mutual and Securian Advisors. Our solution has been deployed in North America, Europe and Asia. Micromax remains dedicated to providing companies with quality products and services designed for financial service professionals that increase productivity and accountability through the integration of technology.
Our flagship product The Recruiter 4.0™ leverages technology to create a highly effective automation tool that manages, tracks and reports on company efforts to recruit and hire superior sales candidates. The introduction of our web-based eReporter 2.0™ answers a need to uniformly track and manage recruiting success across a multiple agencies regionally and nationally. As a company, Micromax retains its recruiting expertise through a singular focus on the problems of recruiting financial services professionals. Every Micromax customer benefits from this combined expertise through extensive training, professional services, and customer support offerings.
Why recruiting and why now? The heart of the financial services distribution system is in transition, but it continues to be heavily focused on an agency system that distributes its core products through agents and brokers. Since 1991, the number of full-time agents has decreased more than 8% nationwide, with some small and medium sized companies bearing declines of up to 20%. This decrease seriously threatens the core product distribution system and has made recruiting and retention a major concern for the industry.
