New York Life - Great company, great training, hard to make a consistent income. | Glassdoor
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There are newer employer reviews for New York Life

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Helpful (5)

"Great company, great training, hard to make a consistent income."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Sales Agent in San Bernardino, CA
Former Employee - Sales Agent in San Bernardino, CA
Recommends
Negative Outlook
No opinion of CEO

I worked at New York Life full-time (More than a year)

Pros

Training is great and comprehensive. Opportunity to go more into retirement planning/ investments. Top performers can earn trips.

Cons

Income is commission, and while you can get draws/advances, if your client drops their policy, you get that (prorated) income taken off, leaving you with a hole to fill before you see income again. As in any sales you have to talk to A Lot of people, and life insurance and retirement planning are resistance sales.

Advice to Management

Help keep promising new agents with more leads.

Other Employee Reviews for New York Life

  1. Helpful (1)

    "Misleading at recruiting employees"

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

    Pros

    None that are beneficial to anyone

    Cons

    Misleading, not what they say will happen with compensation, and rent office space

    Advice to Management

    Base pay


  2. Helpful (2)

    "Long hiring process, and it's not clear"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Portland, OR
    Current Employee - Agent in Portland, OR
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at New York Life part-time (More than a year)

    Pros

    People are upbeat and positive, friendly
    Great reputation

    Cons

    No clear path to hire. Contracts are confusing and seem to contradict verbal explanations. Training seems comprehensive, but no clear process in place. No salary at all provided - it's all commission and can take months to kick in, especially since product training is ad hoc.

    Advice to Management

    Provide some 'how to' material for new hires that explains the steps clearly. The career training manual is very useful but doesn't really provide a clear idea of what is expected or how it fits into the grand scheme of things.

There are newer employer reviews for New York Life
There are newer employer reviews for New York Life

See Most Recent

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