New York Life Financial Advisor Interview Questions & Reviews
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Updated May 21, 2012 – Interview questions and reviews posted anonymously by interview candidates.
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Difficulty Rating [?] Based on 13 ratings 
“Easy” Interview
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Interview Experience [?] Based on 13 ratings
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| 1–10 of 13 New York Life Interviews | Sort by |
Financial Advisor at New York Life
Posted May 21, 2012
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1.0
Very Easy Interview
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Overall Neutral Experience
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Received and Declined Offer
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Interviewed Apr 2012 in Hyannis, MA (took 2 days)
They tell you that you need to go through 4 interviews and on the last interview, if they want to hire you, they will offer you the job. The first interview consisted of the recruiter trying to sell me the company, which I thought was strange. It almost seemed like I was the one giving her an interview about New York Life. That was red flag #1. The fact that they were so desperate to get employees was very strange to me; in an economy that has many people struggling for jobs, why was this person almost begging me to become interested in this one?
Interview Questions
Reason for Declining
After reading reviews on this site and talking to people I know, I realized that they had been very deceptive in this interview. They said that salary was $65,000 and you were paid commission on top of that. But, almost everyone I spoke to and everything I read about said that it was commission only. Many other reviews also found that New York Life has a very deceptive interviewing process. Upon returning for my second interview, I decided that this was not the place I wanted to work at and declined the offer for another interview.
Other Details
I got the interview through a Recruiter and the interview consisted of a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted May 15, 2012
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3.0
Average Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Feb 2012 (took 3 weeks)
Applied for the position through online and then got the interview through career fair. The interview was face to face and took no more than an a half hour. The interviewer was very warm and welcoming; the interviewer did not as many questions, but be ready to have strong answers for these 5: 1) What do you know about NYL 2) Why sales? 3) Why financial services? 4) Why do you want to work here? 5) What do you bring to the table?
The next face to face interview was more of a presentation that dug into how compensation worked and more about the company and their training.
The third and final interview was more of a conversation if this is the right move.
Interview Questions
Other Details
I got the interview through a College or University and the interview consisted of a 1:1 Interview, a Personality Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Nov 10, 2011
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3.0
Average Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Nov 2011 in Melville, NY (took 2 days)
I first received 1 minute phone call in regards to posting my resume at resume rabbit.
I was told the address, which happens to be 17 miles from my house, confirmed the appointment before I arrived, and was interviewed by a senior partner.
We spoke for almost an hour, with lively conversation that helped me explain the many jobs I've had over the last few years and why I chose to change, what it's taught me, and why I want to be a Financial Advisor.
After finishing the online questionnaire in the computer testing room, we finally got to a Q&A session about the company, as he elaborated on what I could expect in terms of the marketing plan and the schedule.
He was overly informative. This is one of the most reputable companies in the business. His personal motto seems to be "full disclosure". If you notice, their website reflects this aspect of their corporate culture.
The last phase required me to go home and complete the background check on my computer.
This is a test of Patience! I type fast, and it took my 2-3 hours. Make sure you set this kind of time aside.
After this was completed, I called him (as requested), he informed me that he had to wait for the results to come in....
That took another day.
When he called me back, we set the appointment for the compensation meeting...
And the rest is history.
Good Luck. Make sure that when you get there, you smile and speak your mind. Don't be spoken to, engage.
Interview Questions
Negotiation Details
The compensation was already more than I was expecting, I'm humble.
Make sure you explain what you are making already and emphasize your need for sustainable income to not only be motivated, but to support your performance during the training period.
Other Details
I got the interview through a Recruiter and the interview consisted of a Phone Interview, a 1:1 Interview, a Personality Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Nov 1, 2011
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3.0
Average Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Sep 2011 in Woodland Hills, CA (took 3 weeks)
Series of interviews detailing their training program.
Interview Questions
Other Details
I applied In-Person and the interview consisted of a 1:1 Interview and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Sep 22, 2011
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2.0
Easy Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Jun 2011 (took a day)
I applied through my school and got a phone call for an interview. The person I interviewed with was very down to earth and the questions were easy to answer. I was asked questions like where do I see myself in five years and if I like interacting with people or sitting in an office. At the end of the interview I was given a personality test on a computer.
Interview Questions
Other Details
The interview consisted of a 1:1 Interview and a Personality Test.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Jul 23, 2011
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4.0
Difficult Interview
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Overall Negative Experience
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Interviewed and No Offer
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Interviewed Mar 2011 in Stockton, CA (took 3 weeks)
Interviewed initially with managing partner. AsI left I took a personality test. The next interview at the same office with the same person was basically to tell me why my personality was not a fit . (So why was I called back?). I left he interview with a bad taste in my mouth from that interview and felt the person was a complete jerk. I took another position and sure enouh, his secretary emailed me 4 weeks later asking if I wanted to move forwad. (?) I have heard your initial employmen at NY life begins with you giving them 200 names and addresses of friends and family that they start soliciting.
Interview Questions
Other Details
I Applied Online and the interview consisted of a 1:1 Interview, a Skills Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Jun 28, 2011
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1.0
Very Easy Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Jun 2011 in Dublin, OH (took 1 week)
Friendly atmosphere with get-to know you talk. Explanation of benefits and compensation.
Interview Questions
Other Details
I got the interview through a Recruiter and the interview consisted of a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Jun 2, 2011
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2.0
Easy Interview
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Overall Positive Experience
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Interviewed and No Offer
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Interviewed Jun 2011 in Boston, MA (took 3 weeks)
One of the Partners found my resume online and contacted me. We had an initial phone screen and then a preliminary one on one interview at the Boston (Waltham) office. I have a second interview scheduled next week.
Interview Questions
Other Details
I applied In-Person and the interview consisted of a Phone Interview and a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Mar 23, 2011
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2.0
Easy Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Mar 2011 in Chicago, IL (took 2 weeks)
HR Rep called me a few weeks after my online application and invited me in to discuss possible career options. Set the interview for the following afternoon. Interview was one on one in the HR reps office. She told me that it would take about 30 minutes and was the first of 3 potential interviews. The second would last about an hour and a half and I don't remember what she said about the third. Interview went pretty well, but I realized that it was not a job that would fit right now. 100% commission, calling friends and family, getting referrals, and extensive prospecting. She gave a really brief company history presentation which included a quick breakdown of commission schedules and pointed out that you continue to get paid every year that a life insurance policy is renewed, creating an ongoing pipeline of residual income. I stopped her there, because I have been sold this story before. I thanked her for her time and said that this was not a position that was going to work out.
Interview Questions
Other Details
I Applied Online and the interview consisted of a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Financial Advisor at New York Life
Posted Dec 9, 2010 — 1 of 1 people found this helpful
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2.0
Easy Interview
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Overall Neutral Experience
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Received and Declined Offer
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Interviewed Oct 2010 in Chicago, IL (took 2 days)
I received a phone call from one of the partners at the firm. I was asked to come in for an interview the day after next. I was extremely hesitant because what type of company goes out of their way to find employees? I went to the interview because I was curious. Felt like I was making a deal with the devil. Ten minutes into the interview I told the interviewer the job wasn’t for me, I didn’t feel like pushing Insurance products on my friends and family.
Interview Questions
Other Details
The interview consisted of a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?
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