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

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Great company, great benefits

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Insurance Agent in Sugar Land, TX
Current Employee - Insurance Agent in Sugar Land, TX

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 company
- good help from partners, senior partners, other agents
- great benefits/rewards depending on sales
- convenience

Cons

- salary depends simply on how much work you put
- the more clients you sign policies with, the more money you make. simple

Advice to Management

None, management is great in houston area

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  1. Helpful (3)

    If you're interested in a career, look elsewhere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Developer
    Current Employee - Applications Developer

    I have been working at New York Life full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Basic life insurance policy comes as part of employment. Outside that, there are no pros. None. Not a one.

    Cons

    New management team has systematically destroyed what had been a great company to work for. We're three years into a seemingly never ending re-org, with one failed and abandoned management structure after another. Three years with the ever impending specter of being laid off hanging over our head. And three years of having every single employee consideration taken away from us.

    Retirement plan? Gutted.
    Telecommuting? Gone.
    Flexible hours? Gone.
    Benefit package? Gutted.
    Any hope of promotions? Gone.

    There is no work/life balance.

    Advice to Management

    Advice to management is obviously a lost cause. The previous CEO spent his career building strong trust and mutual respect between employees and management, ensuring a high moral and devotion to the company.

    In the past 3 years, the new CEO has dismantled what had taken decades to build. Employee moral is universally low to non-existent. There is no employee devotion to the company unless you choose to consider compelled overtime to be devotion. Many talented employees have already left, and many more are actively searching for better opportunities.

    The speed at which this company has turned from one of employee friendliness to one of a thinly veiled animosity and disrespect towards employees has been astounding. What had been a company I was proud to work for has now become one I can't wait to leave.

  2. Helpful (2)

    behind the times.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Life full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    salary/benefits are above par. Most of the agents are good people. Company stability (for now).

    Cons

    senior management thinks it's 1950. if you have been there for 10+ years you can get away with anything. my banshee of a manager actually said she doesn't trust people from who have worked at other firms (?!?). absolutely clueless, Nurse Ratched type of woman. multiple regulatory censures/fines just waiting to happen. seriously deficient in sales supervision practices.

    Advice to Management

    Out with old, in with the new! A few fines from FINRA & the SEC will snap you into the 21st century...

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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