New York Life Reviews | Glassdoor

New York Life Reviews

Updated April 28, 2017
1,708 reviews

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Full-time Part-time

1,708 Employee Reviews

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  1. "Great work life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Current Employee - Senior Associate in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at New York Life full-time (More than 8 years)

    Pros

    Flexible hours. Great free gym and urgent care center. Centrally located and close to a lot of transportation. A short walk from Penn

    Cons

    No career mobility. Compensation is not merit based. Lots of red tape and very little career and personal development. Collaboration with other lines of business is difficult.

    Advice to Management

    Review your career growth because there is none right now.


  2. "OK if all you want to do is prospect for life insurance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cleveland, OH
    Current Employee - Anonymous Employee in Cleveland, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at New York Life full-time (More than 8 years)

    Pros

    Nice people, better than average training

    Cons

    Prospect, prospect prospect. Focus is on Life Insurance and annuities. Minimal investment training

    Advice to Management

    Go for a more holistic approach toward training.


  3. "Decent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Phone Representative in Bloomington, MN
    Former Employee - Phone Representative in Bloomington, MN
    Recommends
    No opinion of CEO

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

    Pros

    Decent benefits, good people, a company you keep, company invests in your career development and management frequently touches base with subordinates.

    Cons

    Less than modern equipment, poor work/life balance, lots of unhealthy food provided however better than no food at all. Could be more health conscious given the name of the company.

    Advice to Management

    Good intentions, Keep encouraging upper management to invest in employees work/life balance as that will pay dividends for the company in the long run.


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  5. "Insurance Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Agent in San Mateo, CA
    Current Employee - Insurance Agent in San Mateo, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great training ministered by knowledgeable and professional associates.

    Cons

    Challenging to make a descent living since the job is 100% commission.

    Advice to Management

    I think they are doing a very good job, given how the position is.


  6. "Financial Services Professional"

    Star Star Star Star Star
    Current Employee - Financial Services Professional in New York, NY
    Current Employee - Financial Services Professional in New York, NY

    I have been working at New York Life full-time

    Pros

    Alot of professional growth as you will learn a lot. Great place to get feet wet and a feel of the industry. The classes can be phenomenal. Own boss, own schedule.

    Cons

    Not a very good system, Commission only, everything becomes very repetitive. Not where you want to retire.


  7. "Internal sales consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Sales Consultant in New York, NY
    Current Employee - Internal Sales Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good culture at the firm. Realist goals. Strong products. Overall a good place to woRk. Also have advancement opps

    Cons

    Can be stressful at times. Commission Is a large component of pay which can fluctuate at times. Where you get placed is pretty random.


  8. "Insurance agent"

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

    I have been working at New York Life full-time (More than 8 years)

    Pros

    Flexible working hour, great training, and great compensation.

    Cons

    Nothing that I can think of.


  9. "Hard work but rewarding experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial ErvcsPoesional in Wichita, KS
    Former Employee - Financial ErvcsPoesional in Wichita, KS
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training, great products, great people.

    Cons

    Long hours and late hours, as with any insurance business startup. LOTS of meetings and training sessions make it hard to balance family and career.


  10. "CVP, Talent Acquisition"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at New York Life full-time

    Pros

    Great company, inclusive environment! We have been making huge strides in making this an even better place to work!

    Cons

    Wish we had a formal work from home program. WFH is allowed in most groups but it is different from group to group. HOWEVER we do summer Fridays which is GREAT!


  11. Helpful (2)

    "Plenty of training, no help with execution"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Representative in Hyannis, MA
    Former Employee - Registered Representative in Hyannis, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at New York Life (More than 5 years)

    Pros

    Ability to get generous commissions

    Cons

    No sales, no income, their office fees have minimum and additional costs incurred when sales are processed.

    Advice to Management

    Stop nickel and diming and pay for your own office expenses.


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