New York Life - Great company! High turnover indicative of the industry. | Glassdoor
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There are newer employer reviews for New York Life

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Helpful (1)

"Great company! High turnover indicative of the industry."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - Registered Representative in Andover, MA
Former Contractor - Registered Representative in Andover, MA
Recommends
Positive Outlook
No opinion of CEO

I worked at New York Life as a contractor (More than a year)

Pros

Excellent sales training and manager support if you have a good Manager Partner. Great product selection to fit every need.

Cons

Not everyone has the long term ability to maintain all the office fees and business expenses associated with the business.

Advice to Management

Compensation is fairly standard for the industry, 100% commission plus matching training allowance for the first 3 years based on sales. However, not all office and administrative fees were stated upfront, and some unexpected fees were added. Management needs to do a better job of disclosing these to sales reps from the very beginning so that one can plan expenses more accurately for the long term.
Career opportunities are limited from the sales rep track to managing partner as they do not seem to hire from within from sales to other positions.

Other Employee Reviews for New York Life

  1. "It was okay but not for me"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Agent in Irvine, CA
    Former Employee - Agent in Irvine, CA
    No opinion of CEO

    I worked at New York Life part-time (Less than a year)

    Pros

    nice office with friendly people and staff

    Cons

    lots of cold calling and too many meetings


  2. "Great company, great benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in Sugar Land, TX
    Current Employee - Insurance Agent in Sugar Land, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - great company
    - good help from partners, senior partners, other agents
    - great benefits/rewards depending on sales
    - convenience

    Cons

    - salary depends simply on how much work you put
    - the more clients you sign policies with, the more money you make. simple

    Advice to Management

    None, management is great in houston area

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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