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

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Helpful (2)

Strong, Stable, Fair and Generous to it's Policy Holders

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Service Professional in Denver, CO
Current Employee - Financial Service Professional in Denver, CO

I have been working at New York Life full-time (More than 3 years)

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

Pros

Great Training, Amazing Leadership, Fantastic Income Potential. In Denver they have fantastic leadership and training.

Cons

Thick skin as one is selling an intangible product. Be prepared to follow a process and make sure you are ready to run your own business as it is a commission position.

Advice to Management

Really focus on individual learning styles. Tailor marketing plans to the individual.

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  1. 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


  2. Helpful (6)

    Things will only get better!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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, 2013 – Sr. 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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