That is correct.
There are certain reasons for this, and it goes beyond the usual reasons most Christians are aware of regarding why Jews reject Jesus of Nazareth as the Messiah.
One of the reasons is that the nation of Israel itself doesn’t accept government rule by monarchy anymore. In fact, practically no modern government is ruled by a monarch. Thus the Messiah could never come as a king and rule over Israel or the world by means of a monarchy. Monarchies have had their day. Those days are gone. A democracy like the United States would never give up its power to a monarch either.
Also, after the Bar Kokhba revolt, the Jewish sages began to revise the concepts of the Messiah into more abstract ideals, moving away from a personal ruler. Only the most traditional Orthodox rabbis kept the view that the Messiah would still be a person after the rise and fall of Simon bar Kokhba, but other teachers began to leave room for other possibilities.
With the introduction of Zionism, Reform Judaism, and the Reconstructionist movement, the view of the Messiah grew even more abstract for many liberal Jews. Instead of a human ruler, these Jews saw the Messiah as a promise of the eventual evolution of humanity itself, when human beings would grow to fully reflect God’s image to the point of ending war, poverty and suffering.
For these reasons, along with the other arguments most Christians often hear why Jews reject Jesus of Nazareth as Messiah, it is not possible to make a claim of belief in Jesus Christ compatible with Judaism as it currently stands without betraying its theology.
Even without affiliation with any of its denominations it isn’t possible to be a Jew and accept Jesus as Messiah, as said before, Israel no longer accepts government by monarchy. It betrays the secular grounds of Zionism and the reality of the State of Israel as it stands today.