New York Life Insurance Agent Interview Questions

Updated Oct 16, 2014
Updated Oct 16, 2014
46 Interview Reviews

Interview Experience

Interview Experience

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Interview Difficulty

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Insurance Agent Interview

Anonymous Interview Candidate
Anonymous Interview Candidate
Application Details

I applied through an employee referral – interviewed at New York Life.

Interview Details

In the second round of interviews, not behavioral based. Be ready to answer compensation questions. Everyone at the office was nice and professional. The partner that interviewed me was a great conversationalist and was not afraid to ask the tough questions.

Interview Questions
  • Why do you want to make the money that this job can provide?   Answer Question
Accepted Offer
Difficult Interview

Other Interview Reviews for New York Life

  1.  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through a recruiter. The process took 2 daysinterviewed at New York Life in October 2014.

    Interview Details

    Great interviewers and very detailed. I have taken a lot of information at each interview. each interview was a week apart and I found it very helpful as you can think about it and do some reaserch.

    Interview Questions
    • did not have any compromising question, they were all very resonable   Answer Question
    No Offer
    Positive Experience
    Average Interview
  2.  

    Insurance Agent Interview

    Anonymous Interview Candidate in Sunrise, FL
    Anonymous Interview Candidate in Sunrise, FL
    Application Details

    I applied through a recruiter. The process took 2 weeksinterviewed at New York Life in December 2013.

    Interview Details

    I had like 3 interviews with recruiter and general office manager, also a personality test, I was advised how to get ready for my State Insurance license, and was advised about my compensation plan

    Interview Questions
    • look for 25 friends and family to make a list of possible prospect   Answer Question
    No Offer
    Positive Experience
    Easy Interview
  3.  

    Insurance Agent Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied in-person – interviewed at New York Life.

    Interview Details

    They have a 4 interview process, that I found to be very repetitive. I suppose to make sure that you were consistent in your answers to the questions. Each time we met we also covered a part of their business plan or how they would identify a client.

    Interview Questions
    • Most of the questions were straight forward. What your biggest strength? Whats your biggest weakness? ETC   Answer Question
    Reasons for Declining

    They say they don't cold call, instead they wanted me to badger my friends and family. I wasn't comfortable trying to persuade friends and family to buy policies.

    Declined Offer
    Neutral Experience
    Easy Interview
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  5.  

    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
  6.  

    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
  7.  

    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
  8.  

    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
  9.  

    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
  10.  

    Insurance Agent Interview

    Anonymous Interview Candidate in Harrisburg, PA
    Anonymous Interview Candidate in Harrisburg, PA
    Application Details

    I applied online. The process took 6 weeksinterviewed at New York Life in August 2010.

    Interview Details

    An extended process, with at least 6-8 meetings with management. You are expected to wear formal business attire, be punctual, be prepared, First meeting is group meeting, then one on one meetings are held. A formal background check is required. You initial contract offered will be a temporary contract, with a minimum sales quota is required. If this is not met within 6 months, then you will not be offered a formal contract.

    Interview Questions
    • You will need to take a test that measured personality   Answer Question
    Negotiation Details
    Not much to negotiate
    Accepted Offer
    Positive Experience
    Difficult Interview

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