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Brown nosing is the only way to survive

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President  in  New York, NY
Current Employee - Vice President in New York, NY

I have been working at New York Life full-time for less than a year

Pros

Good money, which of course you have to negotiate for.

Cons

Mediocre benefits. Very little merit-based promotions. All upward opportunities are based on who you know and who likes you. If you don't have a Godfather, forget it.

Advice to ManagementAdvice

Open your eyes! Get rid of the deadweight.

Doesn't Recommend
Positive Outlook

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

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  1.  

    Good Training

    • 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

    Pros

    Excellent training program and continued support

    Cons

    Sleazy sales practices and recruiting

    Advice to ManagementAdvice

    Stop the churn

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Life and health insurance agent

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

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

    Pros

    Well known company.
    Work close with your manager.
    Easy to get your foot in the door and obtain financial licenses.

    Cons

    High barriers to entry (license test costs are on your own and reimbursements don't come until you make a certain number of sales within 6 months)
    Must support yourself until you can make sales and bring in your own book of business.
    They want you to stay an insurance agent and keep racking in the money. Or become a manager and hire more agents to do so.
    Little mobility within the company

    Advice to ManagementAdvice

    Financial services is a difficult field to succeed in. New financial planners don't want to be insurance agents, don't force them to sell policies first.

    No opinion of CEO
There are newer employer reviews for New York Life

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