Glassdoor is your free inside look at New York Life interview questions and advice. All 230 interview reviews are posted anonymously by New York Life employees and interview candidates.
Declined Offer – Interviewed in New York, NY (US) Nov 2012 – Reviewed Dec 19, 2012
Interview Details Phone interview in early October, did not hear back for a while and then was called for an on-site interview set for mid-November. Then took a little over a month to hear back that I was offered the position, for their Westchester campus with 3 other interns north of Manhattan instead of the New York Life Building where the other 10 interns were assigned.
Interview Questions
Reason for Declining – I simply did not like New York as much as I thought I would, and had a comparable offer from a consulting firm in a more comfortable and familiar area, although still a major city. It came down to consulting vs. insurance companies, what route I wanted to go in the future and what setting I was more comfortable in, and although NYL offered more specifically the work I was interested in, in the end I couldn't see myself working up there very long and knew I would want to move back. If you are from the northeast area and love it already, I can't think of a reason for you not to accept an offer they give you. It is without doubt a great company to work for, and I have heard nothing but good things from people that have worked there before.
Accepted Offer – Reviewed Dec 19, 2012
Interview Details Nothing too complicated. A few behavioral questions and a short survey thing. Three interviews with the final interview being a managing partner
Interview Question – Nothing really...all pretty basic questions Answer Question
No Offer – Interviewed in Orlando, FL (US) Nov 2012 – Reviewed Dec 16, 2012
Interview Details Multiple interviews. Second interview seemed to be more of a sales presentation to me based on potential compensation.
Interview Question – Basic interview. No different or more difficult than any other interview. Answer Question
Declined Offer – Reviewed Dec 15, 2012
Interview Details I was first contacted and had a basic interview with the recruiter. This went fine and then I was scheduled for a second interview with the branch manager. This was a different interview than I normally have. They were trying to sell the company to me and not the other way around. After this I had another interview / informational meeting because the second one was with another employee not the manager because he was busy.
Accepted Offer – Interviewed on Charleston, SC (US) Oct 2009 – Reviewed Dec 14, 2012
Interview Details Three step interview about how much money you can make if you hit set goals and numbers. A bit misleading for a new hire, but there is plenty of money to be made there.
Interview Question – What are your dreams... a lot of details about dreaming big. Answer Question
Negotiation Details – None.
No Offer – Interviewed in Nov 2012 – Reviewed Dec 08, 2012
Interview Details I only got to the first round - a phone interview. I was interviewed by a young actuarial analyst who was in the internship program 2 years ago. It was mostly background checking questions and did not get technical until we got to a part where I explained one of my past project. I could not quite recall the details of the codes... guess that was a mark down.
Interview Question – What is your greatest professional accomplishment? Answer Question
Declined Offer – Interviewed in Grand Rapids, MI (US) Oct 2012 – Reviewed Dec 05, 2012
Interview Details Multiple interview process. First Interview was mostly spent talking about previous job experiences in the financial industry. Second Interview was further discussion about the company, the position, and the compensation structure. There was also plenty of time for question and answer in both interviews. Interviews were very comfortable and more of a conversation back and forth rather than the interviewer asking all of the questions.
Interview Question – Given past experience, what qualifies you most for this position? Answer Question
No Offer – Interviewed in Boston, MA (US) Aug 2012 – Reviewed Nov 28, 2012
Interview Details Very informal interview, last 1 hour
Interview Question – Figure a salary when is no salary Answer Question
Accepted Offer – Interviewed on Waltham, MA (US) Apr 2012 – Reviewed Nov 26, 2012
Interview Details The process consisted of 3 interviews: The first was very general: "Tell me about yourself." The second was a listening experience: "Let me tell you about us." The third dealt with compensation, then an offer: "Here is how you're paid." Be aware that while there is ample opportunity for high earnings, there is no base salary. You will not receive a paycheck unless you sell, no exceptions. The company hires 1/20, and it generally it takes 1 month for the new hire to find their groove or leave.
Interview Question – All very predictable. "Where do you see yourself in 5 years?" View Answer
Negotiation Details – None. Company policy not to offer a base salary to new agents.
Accepted Offer – Reviewed Nov 23, 2012
Interview Details A three step process, confusing, they have many components to the initial compensation so it sounds better than it really is. Every element of the comp is performance related so if you don't sell, you get nothing. They will hire anyone who is willing to give it a try, unless they have a criminal past.
Interview Question – Don't remember any difficult questions. Answer Question
Negotiation Details – There is no negotiation, it is straight commission.
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