New York Life Reviews | Glassdoor

New York Life Reviews

Updated February 24, 2017
1,636 reviews

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1,636 Employee Reviews

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  1. Helpful (1)

    "Incompetence and Nepotism"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at New York Life full-time

    Pros

    Not the worst pay on the market

    Cons

    Highly political and frustrating environment in which it is difficult to get anything done

    Advice to Management

    Get rid of incompetent people, and delegate governance and power


  2. Helpful (5)

    "agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    great training
    great if you have clients

    Cons

    only commission
    no salary base
    hard work getting clients


  3. "Agent"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Life full-time

    Pros

    Great Education, teaching, and mentoring

    Cons

    no leads, invest a lot of money in your busniess

    Advice to Management

    work on leads


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  5. Helpful (1)

    "Love it!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Representative in Cleveland, OH
    Current Employee - Claims Representative in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Amazing benefits & pay! They pay you to go back to school & for doctor visits!

    Cons

    I do not have any cons.


  6. Helpful (2)

    "Big company problems"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at New York Life full-time

    Pros

    great benefits and work life balance

    Cons

    Too political and bad technology


  7. Helpful (2)

    "New York Life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at New York Life part-time

    Pros

    New York Life is a very reputable company. Everyone who works there is very nice and open and willing to answer any questions that you may have. NYL looks great on a resume, and gave me a lot of experience in a "real world business" environment.

    Cons

    I did not enjoy working at New York Life. When it comes to compensation it is pretty much all commission, which I was not okay with since I like to have a promised amount of compensation a year. I felt like the job was different then what was explained to me in the interviews. Partners who have been in the business for over 10 years who make over $300,000 a year will tell you that you will make up to 6 figures in your first year or so, which is easy for them to say. I did not enjoy working at NYL but if you are into financial services and sales and cold calls you may enjoy it.


  8. "Great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - TeleApp in Dallas, TX
    Current Employee - TeleApp in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The name speaks for itself. And everyone wants to work for a company with longevity. The company truly cares about everyone. I've felt so welcome since day one.

    Cons

    Working in a new department, that is phone based can be difficult. There are constantly new changes so you must stay on your toes. This department is open on weekends, and has some pretty late shifts.

    Advice to Management

    Keep growing and learning. As a new department everyone is learning. Even in busy times just remember that we are all still adults. Micromanaging can get old quick.


  9. "Senior Associate"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in New York, NY
    Current Employee - Senior Business Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    work life balance is nice here

    Cons

    promotion might be slow here


  10. "Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - New York Life Agent in Warrenton, VA
    Former Employee - New York Life Agent in Warrenton, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The opportunity is limitless regarding moving up the ladder. If you want to go from agent to managing partner, there's a clear cut path to follow. There's no cap on what you make as an agent, which is my favorite part. What you work for - you earn! The Development Managers, Trainers, and Partners at New York Life go above and beyond to help the agents succeed. You just have to put in the effort! It's a commission-only business, so if you don't work, you don't get paid!

    Cons

    You're on your own to grow your business. You find your own market(s), generate your own leads, and work with what you have (or don't have) to make it as an agent. It's tough coming from only having worked the standard 9-5 job, and any real residual is recognized after a full year. No sales, no money. There's no salary and training allowance is paid upon sale of products years 1-3 after hire.

    Advice to Management

    Not much, but I recommend hiring a secretary, Managing Partners. Managing teams of agents is tough, get someone to work the back end for you!


  11. "The good with the bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales and Service in Tampa, FL
    Former Employee - Sales and Service in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    NYL has never had any layoffs, All benefits including tuition is active on first day of pemenant employement. offers summer days (meaning that every friday you work in the summmer months, you will receive a half day added to you vacation bank to use at your discretion.

    Cons

    i was on the test team and basically the test team does EVERYTHING. They take cust serv calls, sales calls (without commission), and every call that is overflowed, gets connected to you.

    Advice to Management

    If a rep is soaring through their metrics, dont be so strict on QA, esp if the rep's Metrics are the highest in the dept.



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