New York Life

  www.newyorklife.com
  www.newyorklife.com
There are newer employer reviews for New York Life

5 people found this helpful  

Great company, great training, hard to make a consistent income.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Sales Agent in San Bernardino, CA
Former Employee - Sales Agent in San Bernardino, CA

I worked at New York Life full-time (more than an year)

Pros

Training is great and comprehensive. Opportunity to go more into retirement planning/ investments. Top performers can earn trips.

Cons

Income is commission, and while you can get draws/advances, if your client drops their policy, you get that (prorated) income taken off, leaving you with a hole to fill before you see income again. As in any sales you have to talk to A Lot of people, and life insurance and retirement planning are resistance sales.

Advice to ManagementAdvice

Help keep promising new agents with more leads.

Recommends
Negative Outlook
No opinion of CEO

792 Other Employee Reviews for New York Life (View Most Recent)

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  1. 1 person found this helpful  

    Long hiring process, and it's not clear

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent in Portland, OR
    Current Employee - Agent in Portland, OR

    I have been working at New York Life part-time (more than an year)

    Pros

    People are upbeat and positive, friendly
    Great reputation

    Cons

    No clear path to hire. Contracts are confusing and seem to contradict verbal explanations. Training seems comprehensive, but no clear process in place. No salary at all provided - it's all commission and can take months to kick in, especially since product training is ad hoc.

    Advice to ManagementAdvice

    Provide some 'how to' material for new hires that explains the steps clearly. The career training manual is very useful but doesn't really provide a clear idea of what is expected or how it fits into the grand scheme of things.

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

    New agent review

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at New York Life

    Pros

    Company image. Initial training. Supportive partner training arrangement for one year.

    Cons

    Referrals diffucult to come by. Limited or no leads for agents not at council level. High turnover ratio.

There are newer employer reviews for New York Life

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