New York Life Reviews in Atlanta, GA | Glassdoor

New York Life Atlanta Reviews

16 reviews

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Atlanta, GA

3.6
StarStarStarStarStar
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Approve of CEO
New York Life Chairman, President and CEO Ted Mathas
Ted Mathas
12 Ratings

16 Employee Reviews

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Pros
  • Great training, great environment (in 147 reviews)

  • The 3 year training program is top notch in the industry (in 77 reviews)

Cons
  • Another thing - Expect that your manager (managing partner) to push you to sell to your friends and family (in 77 reviews)

  • No base salary, need to know lot's of people to hit sales goals (in 74 reviews)

More Pros and Cons

  1. "great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great, awesome. Nice it was

    Cons

    Long and Def a bitt of a process. Dedication


  2. "Career Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - New York Life Agent in Atlanta, GA
    Current Employee - New York Life Agent in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Awesome training of product knowledge and the opportunity to use financial concepts that assist in the growth of small business continuity and family legacy.

    Cons

    Pure sales and in the event you don't have a financial savings prior to earning your commissions, it could create a economic hardship.

  3. Helpful (7)

    "SCAM - Do Not Fall For This. Run Away."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Atlanta, GA
    Former Employee - Financial Advisor in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Free cheap pizza on Fridays... sometimes.

    Cons

    Hard to keep a straight face while pretending to take anyone in this organization seriously. Being forced to deal with the fact that your career is dependent upon people who pretend to be Financial Advisors but can't even pass the Series 6 on the first try, much less the 7. Having to keep your mouth shut about public disclosures on google and brokercheck.org that management blatently lies about to clients, prospects and employees including bankruptcies, fraud charges involving former mayors of Atlanta, FINRA licenses that don't exist, etc. Having to look at yourself in the mirror after pretending all day that an Insurance license qualifies anyone to give advice on retirement planning. Keeping yourself from breaking out in hysterical laughter in meetings led by people with extremely low IQs who talk down to you.

    Advice to Management

    Get good lawyers. Take 6 months off, legally change your names, move to different cities and start over. Consider not posting pictures with prominent corrupt local politicians all over the Internet in order to reduce future legal fees.

    New York Life Response

    Oct 6, 2016 – Head of Social Media Marketing and Strategy

    Thank you for taking the time to share your feedback. We would like to get more information about your comments. If you are willing to provide more details, please contact us via our Ethics Hotline... More


  4. "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent in Atlanta, GA
    Former Employee - Insurance Agent in Atlanta, GA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Great Company, Great products, Great Management

    Cons

    Not a job for me as I expected

    Advice to Management

    NA


  5. Helpful (1)

    "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent in Atlanta, GA
    Former Employee - Insurance Agent in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Uncapped commission
    Something new everyday
    Company Paid Trips

    Cons

    commission only
    prospecting own clients
    no leads from company

    Advice to Management

    keep up the good work


  6. Helpful (1)

    "New York Life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Insurance Agent in Atlanta, GA
    Current Contractor - Insurance Agent in Atlanta, GA
    Recommends
    Neutral Outlook

    I have been working at New York Life as a contractor (More than 3 years)

    Pros

    Great place to learn. If you survive here you will be great anywhere.

    Cons

    100% commission. Should at least have savings for a year or live with someone who is employed and can sustain you for a while

    Advice to Management

    Make sure you are creative. Teach your team how to network. Lead by example. Make it fun. Learn how to motivate. Be honest. Learn to listen. Be open to feedback.


  7. Helpful (1)

    "Register Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Representative in Atlanta, GA
    Former Employee - Registered Representative in Atlanta, GA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at New York Life full-time

    Pros

    Fun place to work with, flexible work schedule, managements are very supportive, provide excellent training for inexperience and experience agents.

    Cons

    the only thing I don't about this career is 100% base commission. So basically you work you make money if you don't work you don't make any money. There is also a minimum number of production you need to hit in order to stay in "active" status.

    Advice to Management

    I prefer more cash reward instead of council credit.

  8. Helpful (1)

    "Best company to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in Atlanta, GA
    Current Employee - Anonymous in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Training, support, availability, trade mark, reliable

    Cons

    Be focus and want todo it.


  9. Helpful (4)

    "Good training, poor management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Professional in Atlanta, GA
    Former Employee - Financial Services Professional in Atlanta, GA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Very involved with training new agents
    Good commissions
    Excellent products to offer

    Cons

    Hard to move up to an advisor role
    Wanted you to sell life insurance for every solution
    Did not like the MD, not friendly

    Advice to Management

    Don't micromanage so much


  10. Helpful (4)

    "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Sales Agent in Atlanta, GA
    Current Employee - Insurance Sales Agent in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Training is for the 3 years, then you are on your own. The office location is great. I enjoyed event marketing. Working with people on their important financial matters is rewarding.

    Cons

    The income is very unstable and income can even be reversed. I have encountered rude remarks from leadership and witnessed the same for other associates.

    Advice to Management

    Words can be motivating or demotivating, you decide.


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