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

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Helpful (2)

Long hiring process, and it's not clear

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

I have been working at New York Life part-time (More than a year)

Recommends
Neutral Outlook
No opinion of CEO
Recommends
Neutral Outlook
No opinion of CEO

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 Management

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.

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  1. Helpful (1)

    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.


  2. Helpful (1)

    Great learning experience and place to launch a financial adviser career.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Baltimore, MD
    Current Employee - Financial Services Representative in Baltimore, MD

    I have been working at New York Life full-time (More than a year)

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

    Pros

    The best support and financial education. Strongest company.

    Cons

    Pay scale is very low; "base salary" only if you hit required minimum goals. Not a true base salary. People identify with Life Insurance. Very hard to be a financial adviser when there is a stigma that all you do is sell LI.

    Advice to Management

    Base-salary would be a great boon.


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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