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New York Life Reviews
2,091 reviews
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Full-timePart-timeApprove of CEO
Ted Mathas
1,034 Ratings
Pros
Great training opportunities to grow business (in 157 reviews)
Full autonomy and unlimited income potential (in 44 reviews)
Cons
No base salary, only commission (in 84 reviews)
They expect you to leverage all your friends and family (in 82 reviews)
Helpful (1)
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"Former Agent"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at New York Life (More than 3 years)
Pros
Great opportunities and continuing education provided for agents
Cons
Compliance policies can become more accommodating to agents for marketing purposes
Advice to Management
Keep up the great work!
New York Life 2018-03-05 12:48 PST![New York Life Logo]()
"Agent"
StarStarStarStarStarPros
Great company with great people. Top notch training provided and management really wants you to succeed
Cons
Not your typical 9-5 job if that’s what you want
New York Life 2018-05-22 09:26 PDT![New York Life Logo]()
"It’s what you make of it"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI have been working at New York Life full-time (More than 3 years)
Pros
Unlimited Commission potential. Great learning experience about financial and insurance industry. It combines my personal passion for meeting new people, and getting paid to educate clients on their financial options and literacy, and crafting strategies for them.
Cons
Unsteady paycheck due to 100% commission based salary. Most of your first few years will be spent personally prospecting for new leads and clients, so if you are not good at meeting new people and securing appointments you will struggle.
Advice to Management
More streamlined marketing & prospecting compliance procedures. Everything, and I do mean everything you create or adapt must be pre-approved, which is understandable, but the process is slow, absurdly narrow adaptability, and arduous.
Also, the communications compliance rules can use a technological updateNew York Life 2018-05-23 01:31 PDT![New York Life Logo]()
"Senior Specialist of Institutional Annuities"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookDisapproves of CEOI have been working at New York Life full-time (More than 3 years)
Pros
Work Life balance and company culture are excellent.
Cons
Management is sometimes slow to adapt and technology is outdated.
Advice to Management
Invest in technology to remain competitive.
New York Life 2018-05-19 21:11 PDT![New York Life Logo]()
"Partner"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookNo opinion of CEOPros
Excellent training program. Career advance opportunity. Unlimited income potential
Cons
Relocation to advance in management
Advice to Management
hire assistant to do administrative works so you could focus on growing your team
New York Life 2018-05-19 01:07 PDT![New York Life Logo]()
"Great place to work!"
StarStarStarStarStarI worked at New York Life full-time
Pros
The company truly shows they care for every employee and your colleagues are genuinely caring individuals
Cons
No cons of working here!
New York Life 2018-05-17 12:22 PDT![New York Life Logo]()
"Sales agent"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookI have been working at New York Life full-time (More than 5 years)
Pros
Great support group, ability to make unlimited income, and flexible work schedule.
Cons
100% Commision Based Compensation. High turnover
Advice to Management
Find a better way to retain agents.
New York Life 2018-05-16 09:27 PDTHelpful (1)
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"Training and Support are Awesome!"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsApproves of CEOI have been working at New York Life full-time (More than a year)
Pros
Pay is great. Training Allowance is awesome. Staff is great. The Executive Partner, who happens to be my direct partner, William Crossan III and his Director of Operations, Donna Willard have been invaluable in helping me establish and grow my business. They have guided me with advice. Supported me through training and assistance when needed.
Cons
Growing your business can be a slow process and pay depends on production.
New York Life 2018-05-10 11:07 PDT![New York Life Logo]()
"National Financial Advisor Churning Factory"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNeutral OutlookNo opinion of CEOI worked at New York Life full-time (More than 5 years)
Pros
Met some good people in local office.
Cons
National office does not care about team; they churn through thousands of people continuously.
Advice to Management
Talk to Advisors before making impactful decisions.
New York Life 2018-05-24 13:03 PDTHelpful (1)
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"Old school sales"
StarStarStarStarStarI worked at New York Life full-time
Pros
There is an uncapped income limit
Cons
It is a sink or swim commission based, generating your own leads, outside sales role with 0 support .
New York Life 2018-05-22 00:14 PDT
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