New York Life Reviews | Glassdoor

Find your next job here

New York Life Reviews

Updated February 19, 2018
2,018 reviews

Filter

Filter

Full-timePart-time

3.5
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
New York Life Chairman, President and CEO Ted Mathas
Ted Mathas
997 Ratings

2,018 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • No base salary, need to know lot's of people to hit sales goals (in 82 reviews)

  • Another thing - Expect that your manager (managing partner) to push you to sell to your friends and family (in 81 reviews)

More Pros and Cons

  1. Helpful (1)

    "Intern"

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

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

    Pros

    I love the people and the direction of this company. Every time I go into the office it is a fun and involving culture.

    Cons

    Wish I was more prepared as financial advisor.

    Advice to Management

    Train your interns more to be ready to enter the markets as a financial advisor.


  2. Helpful (1)

    "Outside sales agent"

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

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

    Pros

    Stable company with a good variety of products to sell, and excellent training, excellent compensation.

    Cons

    No leads given. Must produce a list of 200 people to call on before they will hire you.

  3. Helpful (1)

    "Agent"

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

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

    Pros

    The most solid mutual insurance company in the US. Great training, great reputation, good financial offerings.

    Cons

    They hire inappropriate new employees in order to have them "harvest" their friends and family as new clients . When the employees run out of initial market people to call on, the management ignores the employee until they prosper on their own or more often they quit. New York Life in Tulsa feels like the established ranks as an elite few and the standards are set high to prevent all but the top 7% from making it.

    Advice to Management

    Replace the Managing Partner and Business Development Manager in Tulsa Tney are burnt out and outdated.

    New York Life Response

    Feb 15, 2018 – Head of Engagement Communications

    Thank you for taking the time to share your feedback. An important part of an agent’s success is the ability to engage consumers. Because of this, we provide extensive coaching on prospecting and... More


  4. "It's a great company"

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

    I have been working at New York Life full-time (More than 5 years)

    Pros

    Family Oriented, Great training and great benefits

    Cons

    Pressure cooker, big swings in comp.


  5. Helpful (1)

    "Great benefits to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Cleveland, OH
    Current Employee - Customer Service Representative in Cleveland, OH
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    37.5 hr work week, 1 hr lunches, garage attached to building, great starting pay, decent benefits. Relaxed dress code, tons of community outreach programs for a variety of needs.

    Cons

    Only 2 sick days every 6 months, cannot work from home in this position, not much room for growth within the company from this position.

    Advice to Management

    For positions where you can't work from home, there should be more than just 2 sick days every 6 months. It's not realistic. Also the building was poorly designed for call centers, open office concepts do not work when you have call centers and customers notice the background noise.


  6. "A great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Agent
    Former Employee - Agent
    Positive Outlook

    I worked at New York Life full-time

    Pros

    Its one of the best names in the insurance industry. So its always good to be working for the Best in class employer. Management is quite supportive, training and continuous development is commendable which equips the agents for every sort of situation and client.

    Cons

    No salary and compensation is completely based on performance and individual production .


  7. "Booth Supervisor"

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

    I worked at New York Life part-time

    Pros

    The agents were really friendly to work with

    Cons

    The environment was sometimes too fast paced

  8. Helpful (1)

    "Great old school company"

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

    I have been working at New York Life full-time (More than 5 years)

    Pros

    The company cares about its people. They offer great benefits including Health, Dental, Vision, 401k, Pension, Life, and Tuition Reimbursement. Most importantly its a really good working environment.

    Cons

    This is old school company which looks to its long tenured employees for advancement. Joining the company can be hard for a new person to break into the culture.

    Advice to Management

    Management should consider all staff for promotions and change. Culture change is underway but its a little forced.


  9. "Corporate Vice President"

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

    I worked at New York Life full-time (More than 10 years)

    Pros

    Excellent Culture, Team work, flexible hours

    Cons

    Too much management changes. Benefits are ok-ok. Can be much better for a Fortune 100 company

    Advice to Management

    Promote more minority


  10. "Working at New York Life"

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

    I have been working at New York Life full-time

    Pros

    Solid Company , Good Training, some benefits

    Cons

    100% commission, if you don't have the fortune to be hired by a solid "partner" you have to work on your own from day one. Even if agents complain, management doesn't do anything about it.


Showing 2,018 of 2,316 reviews
Reset Filters