There are newer employer reviews for New York Life
There are newer employer reviews for New York Life

See Most Recent

Strong company, quality employees

Former Contractor - Consultant in New York, NY
Former Contractor - Consultant in New York, NY

I worked at New York Life as a contractor (More than a year)

Pros

Top notch management with years of experience

Cons

Conservative environment can be mistaken for boring environment

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  1. Helpful (1)

    I absolutely LOVED working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Professional in Wichita, KS
    Current Employee - Financial Services Professional in Wichita, KS

    I have been working at New York Life full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Training, and access to upper level management. A open door policy!

    Cons

    A great place to work! Excellent training and support!

    Advice to Management

    Keep doing what your doing!

  2. Helpful (6)

    Things will only get better!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in Waltham, MA
    Current Employee - Financial Representative in Waltham, MA

    I have been working at New York Life full-time (Less than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    - Company has maintained highest possible financial ratings over the past 5 years (current surplus account balance is greater than FDIC)
    - Uncapped earnings potential.
    - Strong training program.
    - Overall positive team environment.

    Cons

    - No base salary (you will invest in the company before they invest in you).
    - Uncapped work hours (you will work nights and weekends.)
    - Management title precedes Series 7 examination sponsorship (you have to be a partner before you can take the series 7)
    - Disapproving market (people will tend to avoid you. They can smell insurance breath!)

    Advice to Management

    - Reduce abnormally high turnover rate by offering base salary as offered to first year employees of Edward Jones, Charles Schwabb, and Ameriprise.

    New York Life Response

    May 28, 2013Sr. Partner

    Thank you for adding your feedback. However, it is not true that one must become a manager before obtaining their series 7 license. Managers are required to have the series 7 because they need it ... More

There are newer employer reviews for New York Life
There are newer employer reviews for New York Life

See Most Recent

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