New York Life

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672 Employee Reviews (View Most Recent)

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  • Culture & Values
  • Work/Life Balance
  • Senior Management
  • Comp & Benefits
  • Career Opportunities
  • No Opinion of CEO

1 person found this helpful  

Great company! High turnover indicative of the industry.

Registered Representative (Former Employee) Andover, MA

ProsExcellent sales training and manager support if you have a good Manager Partner. Great product selection to fit every need.

ConsNot everyone has the long term ability to maintain all the office fees and business expenses associated with the business.

Advice to Senior ManagementCompensation is fairly standard for the industry, 100% commission plus matching training allowance for the first 3 years based on sales. However, not all office and administrative fees were stated upfront, and some unexpected fees were added. Management needs to do a better job of disclosing these to sales reps from the very beginning so that one can plan expenses more accurately for the long term.
Career opportunities are limited from the sales rep track to managing partner as they do not seem to hire from within from sales to other positions.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    4 people found this helpful  

    RUN the other direction, this company acts as old as it claims to be...

    Agent (Current Employee) Seattle, WA

    I have been working at New York Life as a contractor


    Pros: Training by the Career Development team are second to none.… Cons: Where to begin...? First: Do yourself a favor and do your research on this company on Glassdoor... Take the advice from most on here, most of… Advice to Senior Management: Join the 21st Century No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Tough environment with very little support

    Agent (Former Employee) Bala Cynwyd, PA

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


    Pros: Easy to get a job here Cons: Your success really depends on the manger you get placed with. I got stuck with a frat boy who was still reliving his college days,… Advice to Senior Management: make sure your "partners" are mature enough to handle their jobs/training responsibilities offer some kind of base… No, I would not recommend this company to a friend More
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