There are newer employer reviews for New York Life

 

It was always a great place to work, but it's going through major changes turning the company upside down.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Information Systems Manager  in  Sleepy Hollow, NY
Current Employee - Information Systems Manager in Sleepy Hollow, NY

I have been working at New York Life full-time for more than 10 years

Pros

There are alot of great opportunities and different projects to work on.

Cons

As I was always told, if you want to get anywhere in the company, you need a hook, someone that will promote you. It's very difficult to move ahead without that. I've seen it first hand quite often even with the latest layoff where some were saved and others weren't.

Advice to ManagementAdvice

Watch out for the hippocrits that talk a good line but aren't always the most trustworthy.

Recommends
Positive Outlook
Approves of CEO

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

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  1. 1 person found this helpful  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Registered Representative  in  Medford, NY
    Current Employee - Registered Representative in Medford, NY

    I have been working at New York Life full-time for more than a year

    Pros

    Great potential to make money. The pay is good when you close a deal. The bonuses are really good too. And you get renewals. New York Life has the best products. Financial very strong!

    Cons

    You get screwed when your business falls off in the first year and you lose the comissions you made. Its hard to find people willing to meet with you. Takes years to build up some renewals and stability. Comissions only

    Advice to ManagementAdvice

    Some of the managers can be very judgemental and not helpful in your development. Some of the managers are great.

    Approves of CEO
  2.  

    The company you keep

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent  in  Los Angeles, CA
    Current Employee - Agent in Los Angeles, CA

    I have been working at New York Life full-time for more than a year

    Pros

    The most trusted finacial company, highest rating than any other companies. Great training.

    Cons

    FBI background check - very hard to get in. Training starts from very basic. Cookie cutter work flow model.

    Advice to ManagementAdvice

    Each agent is different in strength and market. Managers have to be aware of that and adjust managing method. Cookie-cutter aproach won't work.

    Recommends
    Positive Outlook
    Approves of CEO
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