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

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Helpful (1)

Very honest company with strong financial backing

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

I worked at New York Life full-time (More than a year)

Recommends
Approves of CEO
Recommends
Approves of CEO

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 Management

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

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  1. Helpful (1)

    10 years at new york life

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

    I have been working at New York Life full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    strong allotment of vacation time even for inexperienced staff work life balance oriented

    Cons

    opportunities are limited for non actuarial staff compensation is low tendency to be pigeon holed into roles

    Advice to Management

    80/20 rule is more like 90/10 in most departments. look to give opportunity to talented non actuaries


  2. Helpful (1)

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

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

    I worked at New York Life part-time (More than a year)

    Positive Outlook
    No opinion of CEO
    Positive Outlook
    No opinion of CEO

    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.


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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