New York Life Agent Interview Questions

Updated Sep 12, 2014
Updated Sep 12, 2014
170 Interview Reviews

Interview Experience

Interview Experience

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  1.  

    Insurance Agent Interview

    Anonymous Interview Candidate  in  Arvada, CO
    Anonymous Interview Candidate in Arvada, CO
    Application Details

    I applied through other source - interviewed at New York Life in March 2014.

    Interview Details

    Initial contact is good. As most employers. You have two initial meetings. Get to know, assessment test is for second appointment. Application, background and credit check are preformed. They go back an double check each piece of information provided. They do almost an under writing type of background check on everything. They require certain proof and it may take about 20 days of waiting before they let you know if you are accepted by NYL. Then they make you take the License testing. They tell you it's 10 days. The course website support staff say it takes 25 days and it really takes about 30 days if you have a job. Then after you pay for the license you get reimbursed. Then the State of Colorado has to approve your license. Then NYL has to approve your license. Then they have to communicate you need to provide additional information on you application. In total it may take a couple of months before you actually get approved by NYL corporate, NYL local chapter. After that process they make you sign 3 contracts. Be ready to listen. ASK for a copy. I asked for one and they never gave me one. The process takes a long time. During this time you just wait and wonder why it takes so long. Also, EVEN if you reach their sales goals, it is at their "DISCRETION" if they want to hire you "full-time" or not. Beware and ask and tell them to put it in writing if it is not correct.

    Interview Questions
    • Easy interview process. It's hard to convince people to work without any sort of compensation during 3 months. If you don't reach their sales guidelines, they will hire you on what they call a "full time basis" when you are already in training and calling people for them on your own time on a full time basis. They expect for you to complete certain amount of points per day. This may take full time work that is not accounted for. I mean, they do not pay you during the vesting and hiring process - all while you are scheduled to take classes with out compensation.   View Answer
    Negotiation Details
    Strictly commission base. No base salary at beginning, unless you reach their sales goals, they pay for expenses and training. If you do not reach their sales goals, not a penny will be compensated for.
    Accepted Offer
    Negative Experience
    Easy Interview
  2.  

    Insurance Sales Agent Interview

    Anonymous Interview Candidate  in  Glendale, CA
    Anonymous Interview Candidate in Glendale, CA
    Application Details

    I applied through college or university. The process took 3 weeks - interviewed at New York Life in May 2014.

    Interview Details

    The interview process took a couple of weeks. There were 3 interviews total, all with the same person - a partner. The first interview consisted of asking me questions about myself. Then, there was a personality test. The 2nd interview was to tell me about the company, followed by a class about the compensation package, benefits, etc. The final interview was to offer me the job.

    Interview Questions
    Reasons for Declining

    Wasn't interested in a job with no base salary.

    Declined Offer
    Neutral Experience
    Average Interview
  3.  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through a recruiter - interviewed at New York Life in February 2014.

    Interview Details

    Interview process was on the easy side. It is an all commission job so they aren't looking for people that aren't ready to put in the work, they can sense if you are going to or not right away. They are very up front and straight forward with the commission structure and how tough the business is. Great opportunity to really see what you are worth. You determine your own destiny

    Interview Questions
    • Why do you think you can strive in an all commission role?   Answer Question
    Accepted Offer
    Positive Experience
    Easy Interview
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  5.  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university - interviewed at New York Life.

    Interview Details

    Very simple, the company is looking to sell you on the position and the benefits that can come with success. They really are looking to make sure you can hold conversation, and can represent the company in a positive way. There are four interviews but after the first, they focus more on what the company offers, more than your actual skills

    Interview Questions
    Declined Offer
    Easy Interview
  6.  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    interviewed at New York Life in August 2013.

    Interview Details

    not specific questions. I was an interview to determine if you are outgoing person who have communications skills.I had 2 interviews and first was just talking but the second they showed me how the compensation works. There is a presentation for about 30 min showing how you get paid and get residual income.

    Interview Questions
    Negotiation Details
    No negotiation. No base salary-just commission.
    Accepted Offer
    Positive Experience
    Easy Interview
  7.  

    Life Insurance Agent Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied through a recruiter. The process took 2 weeks - interviewed at New York Life in July 2014.

    Interview Details

    I was contacted by an manager's assistant after I posted my resume to a job website. She set up a meeting with a manager. He interviewed me then had me take a career assessment survey. After that I was to follow up with him the next day to go over my results. I passed, so I continued on to the compensation/training group interview. I chose at that point that the position was not for me.

    Interview Questions
    • Key qualities that have been passed down from a mentor.   Answer Question
    No Offer
    Neutral Experience
    Easy Interview
  8.  

    Insurance Agent Interview

    Anonymous Interview Candidate  in  Bellevue, WA
    Anonymous Interview Candidate in Bellevue, WA
    Application Details

    I applied through a recruiter - interviewed at New York Life in January 2010.

    Interview Details

    I was contacted by a recruiter that invited me in to learn more about the business. He went through the entire process that I would do with each potential client and asked if I could do that. He explained the success rate in the industry at New York Life, talked about the manager roles available and explained the income potential was limitless. He specifically addressed the top 2% of high earners at New York Life but failed to mention that they were the top 2%.

    Interview Questions
    • Can you attain your securities license within three months?   View Answer
    Negotiation Details
    It is a standard non negotiated offer/contract.
    Accepted Offer
    Neutral Experience
    Easy Interview
  9. 3 people found this helpful  

    Sales Agent Interview

    Anonymous Interview Candidate  in  Los Angeles, CA
    Anonymous Interview Candidate in Los Angeles, CA
    Application Details

    I applied through a recruiter. The process took 5 weeks - interviewed at New York Life in June 2014.

    Interview Details

    Interviewed many times (4 to be specific). The 1st is with the recruiter. The 2nd is likely that with a Partner. The 3rd is likely the Executive Partner or Group. The 4th is back with the Partner. There are tasks to be completed after the 2nd interview.

    Interview Questions
    • What are your motivations? Please list 3 in the order of importance... Please explain each.   Answer Question
    Negotiation Details
    There isn't much room for negotiation, because it is a sales position. It is a matter of how much do you believe you can sale without a safety net. I would definitely reconsider if this is your first job. Actually, I would doubt they would offer you the job if it is your first.
    Accepted Offer
    Positive Experience
    Average Interview
  10.  

    Agent Interview

    Anonymous Interview Candidate  in  Roseville, CA
    Anonymous Interview Candidate in Roseville, CA
    Application Details

    I applied through an employee referral. The process took 3 months - interviewed at New York Life in June 2012.

    Interview Details

    There were four or five thorough interviews. The manager took his time to know me, explain the opportunity and allow me to "interview" him, as well. He even had my wife come in for one interview, to introduce the company and explain the income opportunity to her. The hiring manager was my working manager after being hired, and was very easy to work with.

    Interview Questions
    Accepted Offer
    Positive Experience
    Easy Interview
  11.  

    Sales Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    I received a phone call and was told there would be 4 interview rounds and they will help me finish step by step. The second round is a face-to-face interview. This job is good for people who have good communication and sales skill and commission-based

    Reasons for Declining

    I am interested in another job

    Declined Offer

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