New York Life

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673 Employee Reviews (View Most Recent)

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  • Culture & Values
  • Work/Life Balance
  • Senior Management
  • Comp & Benefits
  • Career Opportunities
  • No Opinion of CEO

5 people found this helpful  

Things will only get better!

Financial Representative (Current Employee) Waltham, MA

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

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

New York Life Sr. Partner responded to this review

May 28, 2013

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
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    It's a good traditional company

    Java Developer (Current Employee) New York, NY

    I have been working at New York Life full-time for more than 5 years


    Pros: Work life balance is very good Cons: there is too much politics Advice to Senior Management: N/A No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    stable company

    Director (Former Employee) New York, NY

    I worked at New York Life full-time for more than 10 years


    Pros: stable company to work for Cons: limited opportunity to grow your career Advice to Senior Management: be more inclusive give more opportunities to new talent. No, I would not recommend this company to a friend More
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