New York Life

www.newyorklife.com
There are newer employer reviews for New York Life

1 person found this helpful  

Very interesting job!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Financial Planner in Sacramento, CA
Current Employee - Financial Planner in Sacramento, CA

I have been working at New York Life

Pros

Good commissions and benefits when you make high sales

Cons

Have to find people myself

Advice to ManagementAdvice

Very good training system.

Recommends
No opinion of CEO

838 Other Employee Reviews for New York Life (View Most Recent)

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  1.  

    Life Changing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant in Seven Hills, OH
    Current Employee - Assistant in Seven Hills, OH

    I have been working at New York Life

    Pros

    -The people are amazing and great to work with. Anyone is always willing to help.
    -Great pay
    -Outstanding training

    Cons

    -Some people do not take the time out to really understand what it truly means to have a career with New York Life.

    Advice to ManagementAdvice

    Keep up the great work, and continue to support agents and staff. It creates the positive atomosphere that I work in and makes me want to be that much more successful

    Recommends
    Approves of CEO
  2. 2 people found this helpful  

    Wonderful company reputation, "clicky" managent tactics, level of success is pre-determined by manager at hire

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Insurance Agent in Richmond, VA
    Current Employee - Insurance Agent in Richmond, VA

    I have been working at New York Life

    Pros

    Great name to stand on. Decent training, if you have a Development Manger who relates to agents (versus trying to prove he's worthy of being in the front of the class). Great schedule (you make it however you .like)

    Cons

    Low commission rates (50%-55% vs 80% with other companies), although the commission cut is what funds the pension and trips that you earn (do the math -- 30% less commission to win a trip to a seminar filled with insurance agents in a U.S. state ---- you pay for your spouse's way).

    Advice to ManagementAdvice

    Become 1 team. Way too much competition between partners, and limited EOE opportunities (in Richmond). Some agentsd are paraded around to senior agents, and offered the senior agent's effort (without commission split), while others are thrown against the wall and stay if they stick. Ironically, most of the agents who are paraded, get the commissions and run to NW Mutual, Mass Mutual, and Guardian. Heck, a couple of partners have already led a Moses-like movement to NW Mutual.

    Doesn't Recommend
    Approves of CEO
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