723 Employee Reviews (View Most Recent)

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1 person found this helpful  

Very honest company with strong financial backing

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Insurance Sales Agent  in  Sheboygan, WI
Former Employee - Insurance Sales Agent in Sheboygan, WI

I worked at New York Life full-time for more than a year

Pros

Very secure and reputable company with second to none policies. Chance to earn a family trip every year.

Cons

High turnover rate. Wages and pay well below market average with only OK benefit package.

Advice to ManagementAdvice

A lot of opportunity to move up and become a partner.

Recommends
Approves of CEO

Other Reviews for New York Life

  1. 8 people found this helpful  

    Prospect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Dallas, TX
    Current Employee - Financial Advisor in Dallas, TX

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

    Pros

    If you have the market you have the ability to excel quickly. What sets people apart is who is willing to prospect everyday all day and who is not. If you are very outgoing, smooth, and love to help people this is a great job for you. Although, it is a TOUGH job for the first three years. You have to attain footing and confidence from clients and keep looking for new ones in new ways. If you are great at meeting new people and getting them to listen then this is the job for you!

    Cons

    The first three years are hell and this job tests you everyday, but if you stick with it its worth it in the end.

    Advice to ManagementAdvice

    dont set competition between your agents.

    Recommends
    No opinion of CEO
  2. 1 person found this helpful  

    As exciting as you'd expect a life insurance company to be

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  New York, NY
    Former Employee - Intern in New York, NY

    I worked at New York Life part-time for more than a year

    Pros

    Make connections with top-level management
    Meet with vendors
    Breakfast in the cafeteria is great
    Co-workers make the day go by

    Cons

    One manager told me that as innovative as NYL would like to be, you can't expect projects or ideas to move forward for at least 6 month to 2 years because they need to maintain their reputation, evaluate things through chains dozens of groups and executives and make sure client security and confidentiality is in place. These are all good reasons for making sure they don't make sudden and possibly disastrous mistakes but keep your expectations low if you want to create any kind of change in the workplace.

    Positive Outlook
    No opinion of CEO
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