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New York Life

Engaged Employer

New York Life

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New York Life Reviews

Updated May 23, 2022

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Found 3,777 of over 4,482 reviews

3.8
66%
Recommend to a Friend
New York Life CEO Craig DeSanto
Craig DeSanto
0 Rating

What people are saying about New York Life

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Top Review Highlights by Sentiment

Pros
Cons
  • "Commission only and sales quotas must be jet(in 227 reviews)
  • "no salary and they do not pay when you are part(in 172 reviews)
  • "Training, revolving door, and poor management.(in 132 reviews)
  • "The reason someone makes a good manager at NYL is because they know how to sell people.(in 80 reviews)
  • "Wasn't interested in insurance and selling; a little unorganized(in 25 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of New York Life and is not affected by filters.

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  1. 5.0
    Current Employee, more than 1 year

    Great Company and genuine people

    May 23, 2022 - Senior Representative in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    One of the best companies I have ever worked for in my life. Amazing genuine people who care and go out of their way to help.

    Cons

    Only 2 shifts and I work the later one. Takes a while to get on the earlier shift due to low signority. But will eventually get there. Not a big deal.

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  2. 4.0
    Current Employee, more than 5 years

    Pretty good company!

    May 23, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work life balance, great PTO, Great managers

    Cons

    Not a fan of work from home, salary below market level

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  3. 5.0
    Current Employee

    Love IT

    May 20, 2022 - Insurance Agent 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    You have to love what you do and working for a company like New York Life allows you to do just that.

    Cons

    If it is a new industry for you then it takes a while to learn.

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  4. 5.0
    Current Employee, more than 1 year

    Great support and compensation structure

    May 19, 2022 - Financial Services Professional in San Mateo, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Training, resources and support to develop my skills and knowledge. Unlimited income potential, comprehensive medical benefits, 401k and pension!

    Cons

    Must be business owner minded. NYL supports you in your training and help you to build your financial practice.

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  5. 4.0
    Current Employee, more than 1 year

    Great Company/Harder than they make it seem

    May 18, 2022 - Agent 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great company. Strong backing. Historical background.

    Cons

    Tough learning curve. Excessive amount of knowledge. Not easy to master.

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  6. 5.0
    Former Employee, more than 8 years

    Best Insurance Company Ever

    May 16, 2022 - Senior Associate in White Plains, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Growing Great culture Open to new ideas Work-life balance

    Cons

    Glacial-pace salary increases. Promote individual contributors to manager positions without assessing their management skills.

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  7. 5.0
    Current Employee, more than 5 years

    Extremely Rewarding

    May 15, 2022 - Agent in Overland Park, KS
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Thorough training- pays for licenses and designations. Management will be there for you to help you succeed. The negative reviews on here come from people who did low activity thus yielding low reward. I notice the only complaints come from people who aren’t ready to work. If you have an entrepreneurial mindset and are ready to work hard- this career is for you. Passive income earnings, and competitive benefits. 401k match, pension, and great health/dental/vision. The first few years can be tough, but starting any business of your own is tough. This isn’t for the weak-minded, but let me tell you this career has been SO rewarding. Work/life balance is top notch. If you aren’t succeeding, it’s because you either aren’t putting the work in, or aren’t taking time to expand your knowledge and taking advantage of the training at your fingertips.

    Cons

    The only con is when some new hires come on and bring their negative mindset with them. They don’t last long, but it can be tiring to see people self-sabotage and complain- then blame the company rather than take accountability.

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  8. 5.0
    Current Employee, more than 1 year

    Good company

    May 12, 2022 - Life Insurance Agent in San Jose, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Flexible hours, good management and lot of motivation

    Cons

    Quota this the main thing

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  9. 4.0
    Current Employee

    Internship Review

    May 12, 2022 - Recruiting Assistant 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great experience to gain while still managing school.

    Cons

    After a few months you max out the amount you can do.

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  10. 4.0