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New York Life

Engaged Employer

New York Life reviews

3.7

63% would recommend to a friend

(5,497 total reviews)
avatar

Craig DeSanto

79% approve of CEO

63% positive business outlook

Ratings by category

4.2

Diversity & inclusion

3.8

Culture & values

3.8

Work/Life balance

3.6

Senior management

3.6

Career opportunities

3.4

Compensation and benefits

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,497 company reviews on Glassdoor which indicates that most employees have a good working experience there. The New York Life employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.7 stars).

Ratings by demographic groups

Reviews by job title

5K reviews
3.0
Dec 25, 2008

New York Life, the company you keep????

Financial services professional
Recommend
CEO approval
Business Outlook

Pros

Career flexibility and unlimited income potential are by far the best reason to work at New York Life. The difference between an agency position in sales and a corporate position are night and day so it would be fair for me to describe the culture, business environment, ect. without noting that I worked in sales. From what I've heard from those in the industry but from other companies, NYL has a top of the line training program and I can attest to that as well. It's a great company to get your start or to make a career out of it and it appeared to me that people knew very quickly if they were there to pad a resume and gain experience or whether they truely wanted to make a career out of it.

Cons

In the sales side of it, it appeared to me that management viewed everyone as a number and even though they provided good training initially, it was very apparent that they were focused on the top producers and everyone else was left to fend for themselves. As with most business, esp financial sales, it's all about your numbers and that causes many people to get left behind early on and it takes an extreme amount of effort to get noticed if your numbers aren't in the top 15%. Also it's very difficult for younger employees to get traction in an environment that is geared more toward the seasoned vet.

4.0
Dec 21, 2008

Intern's satisfactory experience thus far.

Intern
Recommend
CEO approval
Business Outlook

Pros

I'm currently an intern for New York Life, my favorite part is how dedicated my managing partner is towards seeing me succeed. As an intern many of my tasks are similar to that of a standard financial services professional, but I don't exactly have to meet the strict monthly demands. The company as of right now appears to be offering me a great opportunity to get my foot into the industry and help me reach my long term goals. The managers are extremely helpful and the people are friendly, and I'm excited towards seeing how I will turn out with all of the current training.

Cons

It seems like a lot of the sales meetings are very repetitive and alot of the seminars give many new employees pie in the sky dreams. From the reviews I've seen on here, it seems that many people do not succeed within the insurance industry and follow other avenues of interest. Personally I'm not a fan of the commission based sales system for getting my weekly paychecks, but I'm really only using the job as a stepping stone towards a greater position. I find that it is pretty hard to establish yourself as a new agent, regardless of the level of training they give to you.

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ReviewsNew York Life reviews

Glassdoor has 6,537 New York Life reviews submitted anonymously by New York Life employees. Read employee reviews and ratings on Glassdoor to decide if New York Life is right for you.