New York Life Investments

  www.nylim.com
  www.nylim.com

New York Life Investments Reviews

Updated October 31, 2014
Updated October 31, 2014
13 Reviews
3.3
13 Reviews
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New York Life Investments President John Kim
John Kim
5 Ratings

Employee Reviews

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  1.  

    I love the company and the people, just wish it was a permanent position.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mutual Fund Marketing Associate in Parsippany, NJ
    Current Employee - Mutual Fund Marketing Associate in Parsippany, NJ

    I have been working at New York Life Investments full-time (less than an year)

    Pros

    It is a friendly environment. Everyone is willing to help if needed.

    Cons

    Just the fact that it is a contract position and will be up in June 2014.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    High stress environment

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

    I have been working at New York Life Investments full-time (more than 10 years)

    Pros

    Challenging environment, smart co workers, decent compensation and benefits. Senior management is communicative and keeps us informed, even when they have bad news to share.

    Cons

    Major "transformation" initiative is underway in Technology. In the end we are told there will be a major downsizing in the NY-NJ workforce. Most jobs will be going to India, Dallas, Atlanta. No chance of relo or training. This process is just starting, not clear the impact on specific individuals.

    Knowledge transfer process is also underway. Teams of young Indians come around, interview and record you on what you do, how you do it, etc. Assisting these teams is #1 priority we are told.

    My manager is a micromanager who has lost or fired all his employees over the years. I am the last. Daily 15-20 minute lecture sessions are painful but tolerated. Earned time off is difficult to take - every year most of my vacation time is piled up to be taken in Nov and Dec. when I get lectured on why I should have taken it during the year even though it often was refused to be approved.

    Manager expects you to be working 10-12 hours / day, available on weekends. Does not "get" the importance of American holidays such as Christmas, Thanksgiving, other family time. Vacations in summer with family is more important than vacation in October, November, etc. alone.

    Company used to be a great place to work. Now it feels abusive, unpleasant to come to every day.

    Advice to ManagementAdvice

    Don't promote every good technical person to management. Being qualified technically does not make you a good people person. Force managers to stick to corporate policies and not make their own private HR rules that we need to abide by.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Great company, people make it better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst Intern in Boston, MA
    Former Employee - Financial Analyst Intern in Boston, MA

    I worked at New York Life Investments as an intern (less than an year)

    Pros

    I liked the structured training program. I was a liberal arts student and learned a lot on the job.

    Cons

    Long hours, but it is worth it.

    Advice to ManagementAdvice

    No advice

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Could be much better here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Westwood, MA
    Current Employee - Anonymous Employee in Westwood, MA

    I have been working at New York Life Investments full-time

    Pros

    Good work/life balance. Good location. Fewer prima donnas than other places I've worked.

    Cons

    Local leadership changes too often. Senior management seems to operate based on the latest trend instead of instituting sound long-term policies. Lack of accountability throughout the organization. Limited opportunities for advancement. Medical plan is from a low-rated company. The building needs upgrading, and the parking lot is sometimes overflowing -- it's frustrating to get to work and have no place to park my car.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to work!

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

    I have been working at New York Life Investments full-time

    Pros

    The company offers the opportunity for advancement and provides a good work/life balance. Additionally, the firm continues to grow, creating a nice stable environment for one's career. The firm does offer an excellent mentoring program that has been beneficial in helping individuals learn more about various areas of the firm, which can lead to career advancement.

    Cons

    Advancement, even though attainable, can be slow at times. Medical benefits, even though competitive within the industry, can be a little bit better and less expensive.

    Advice to ManagementAdvice

    Continue to maintain an open door policy that enables employees to share ideas and foster a collaborative work environment. Lead by example so that others may look to you as an effective role model to aspire to.

    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Confusing....not sure management knows how to Lead

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Westwood, MA
    Current Employee - Anonymous Employee in Westwood, MA

    I have been working at New York Life Investments full-time

    Pros

    life work balance; great group of people wanting to do the right thing. mid level managers trying to get it right.

    Cons

    no direction or leadership. westwood office needs space improvements and updating

    Advice to ManagementAdvice

    Need to revamp their senior leadership team and bring in some "new blood"

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    What a company...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative in Boston, MA
    Current Employee - Administrative in Boston, MA

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

    Pros

    Good work life balance at this company

    Cons

    Friendships fuel reason for promotions, not being a hard working knowledgeable employee.

    Advice to ManagementAdvice

    Mandatory cross cultural management classes could only improve diversity and inclusion in the workplace.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    solid giant

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

    I have been working at New York Life Investments

    Pros

    financial strong, private mutual and globa

    Cons

    dependant on GO - local office

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Entirely too political - it used to be a nice place to work.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Life Investments

    Pros

    Nice People to work with.

    Cons

    Too Political- it used to be a nice place to work.

  11.  

    Company that treats employees like family

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Specialist in Westwood, MA
    Current Employee - Senior Specialist in Westwood, MA

    I have been working at New York Life Investments full-time (more than 10 years)

    Pros

    Flexible work arrangements, volunteer opportunities, good location, good salary

    Cons

    Financial industry is not always stable

    Recommends
    Neutral Outlook

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