There are newer employer reviews for New York Life

Great commission if willing to do work.

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

I have been working at New York Life full-time (more than 3 years)

Pros

Supportive and training is great

Cons

commission only; have to create market

Advice to ManagementAdvice

none

Recommends
Neutral Outlook
Approves of CEO
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  1. 1 person found this helpful

    Great if you have a strong entrepreneurial spirit

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

    I worked at New York Life full-time

    Pros

    -Financially strong company
    -Many resources at your disposal
    -Easy to get job, not much experience is needed
    -Autonomous
    -Many opportunities for advancement
    -Friendly work environment
    -Great opportunity to build your network
    -Not a complicated job but you play an important role for people with financial needs

    Cons

    -Repetitive training program
    -Ultimately, you're on your own
    -100% commission
    -Complicated compensation plan
    -A lot of prospecting and marketing
    -You get a lot of rejections
    -Clients can be very difficult to work with
    -

    Advice to ManagementAdvice

    Help each employee individually because it's tough to be on your own in this career

    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful

    Challenging with High Turnover

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

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

    Pros

    New York Life is bar none one of the best and strongest insurance companies out there. I never think twice about putting someone with NYL. They have a great suite of products and excellent training if you take advantage of it. NYL is a mutual company and I put my own insurance business with them. They have good health benefits.

    Cons

    They charge you for everything from coffee in the office to rent for cubicles and phone and even copies. You are never vested in renewals with business you write with them so therefore if you work there 10 years and have 1000 clients and you leave you won't get any renewals from that business.

    Advice to ManagementAdvice

    Don't nickle and dime agents for everything!

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for New York Life

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