New York Life Reviews in New York City, NY Area
Updated Feb 14, 2012 – Reviews are posted anonymously by employees. Ratings are reflective of location and job title.
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Local Company Rating Based on 60 ratings Employees say it's "OK" |
Local
CEO Rating
Based on 38 ratings
Chairman, President & CEO |
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Pros
laid back environment since it's a private company
Cons
very conservative, must wear suit and tie regardless of position. DOES NOT like change and learning new technologies. Must always beg
Advice to Senior Management
Allow your employees access to tools that will help benefit the company. Employees should not have to beg for these tools, the company should beg us to learn them
Pros
Opportunity for growth as a professional
Cons
Too much personal networking, stifling environment
Pros
Freedom to control own destiny. No ceiling on money one can earn and an excellent professional environment. Overall the opportunity for advancement is based on performance.
Cons
The is alot of freedom which can be a double edge sword for some. There is rejection and hard times but the good out weighs the bad.
Advice to Senior Management
Leadership is above and beyond. There is always someone available to answer questions and guide you through the needed course of work.
Pros
Overall the actuarial program is incredible. Almost all the actuarial students are supportive and extremely intelligent. Multiple presentations and events are given that aided in learning experience. Compensation for interns is very good plus living arrangements. As for actual work, you are given the responsibility of almost a full time employee, much more meaningful and challenging work than as an intern in any other industry.
Cons
pace of work is very slow depending on assignment, very bureaucratic which makes getting things done difficult
Pros
the company's reputation and capital to weather bad economic times
Cons
no salary and they do not pay when you are part-time no matter what you sell, which they fail to mention. There is a lot of fail to mention stuff to get you in the door. It's all on you to get clients. Everyone is treated like a widget from the kid out of high school to the guy with a masters and 25 years experience in finance. They nickel and dime you to death.
Advice to Senior Management
work a little on getting your people in front of potential clients and it will do a world of good. Sending them into terrible places and asking them to pay for the privilege only breeds resentment.
Pros
A lot of training! Which is great you will learn fast and hard about being your own boss. Your hours are whatever you want to work. To make it there you will have to work at least 50-60 hours per week. If you are new in the biz you will have to do a ton of networking events. If you can afford too not make money sometimes you can really learn alot there.
Cons
It is Pyramid Scheme!!!!!!!!!! with money behind it there is no base. They want you to sell to all your friends and fam. I'm still in the biz doing all forms of insurance and makeing alot more money with less stress. If you need to mak at least 50K most people in the office dont com close don't be fooled.
Advice to Senior Management
give the new people leads so they have a chance to make it! Dont get them to take the job just to hit your numbers
Pros
Free dinners, free gyms, nice place, great cafe.
Cons
overworked...overworked..overworked..overworked...overworked....small fish in a big pond. Not my kind of place.
Pros
Great working experience. Learn alot of things with the great people you work with. Everyone is friendly.
Cons
Work environment is not that great. Some of the cubicles are old.
Advice to Senior Management
Integration of the generations are crucial in order to survive in the market.
Pros
There are flexible hours and one is able to work from home at times.
Cons
No one respects your time. You are expected to work until 1am and be at work for 9am next day.
Advice to Senior Management
The Managers take credit for your work and do not give opportunities for advancement. They are only looking out for themselves.
Pros
Congenial and professional atmosphere with a strong focus on driving sales in an ethical way. Doing well by doing good is a core mantra.
Cons
Can be frustrating for innovation minded people. Once a certain level in the organization is attained promotion becomes tough. Total compensation is average.
Advice to Senior Management
Embrace innovation, and identify and promote those individual that have the vision and leadership to drive the company in new directions.



