An incredible kaleidoscope of emotions - Life Insurance Agent New York Life Employee Review

3.0
3 Apr 2016
Recommend
CEO approval
Business outlook

Pros

Great opportunity, especially for a younger person without a lot of other real world work experience. Solid company with an incredible reputation and dedication to training. A long term relationship with New York Life can be exceedingly lucrative, providing the applicant's temperament is congruent with the New York Life process and ideology. NY Life is truly all about helping people.

Cons

The cavalcade of training pulls a lot from your productive time, and as a result, requires you to work like a dog on your own time. This is particularly hard for older, new employees coming into the organization. The "process" can be mired in minutia and micro-managing behavior by the trainers and some partners. New candidates would be well advised to speak with other NY Life agents in order to fully vett the real world dynamics of this opportunity. The training includes motivational methods that don't exactly resonate with some of the more mature new agents. If you do not submit to the system and quasi cult-like culture, you will not last long. Your success or failure is heavily dependent on having a great Partner who can relate to you and provide appropriate motivational methods. If you are recruited by a Partner who is not a good fit with you in ideological terms, then your life can get very tense. After your interviews, do not hastily sign on the dotted line, but take your time and do your homework on the person who recruited you. Some Partners revel in using mind ninja games to mold your way of thinking, especially if they sense you are about to wash out. This is because their compensation is partly based on the new agent's production and their retention rate is adversely affected. This mind ninja type of behavior only serves to accelerate the defection of strong willed agents who see through this type of behavior. Sometimes it takes a while to see through the veil of this quasi-brain washing activity, but eventually you come to grips with the fact that you are not aligned with the process and must move on. Some people who washout earlier during Fundamental Career School are typically more in tune with their true gut feelings and can make a quicker change for something that suits them better. This is not a bad thing. Not everyone is cut out for this work, and why be unhappy and keep fooling yourself.

Explore other reviews about New York Life

5.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Great brand with high levels of training and support. Good work-life balance and supportive managers who don't micromanage. Benefits include good pay, decent PTO, tuition reimbursement, bonuses. Agents enjoy full autonomy over their schedule, the ability to work with clients they choose, and untapped commission potential. Training is strong, with clear advancement paths toward financial advisor and management roles.

Cons

Commission-only structure. Agents must generate their own leads with no real structure to daily activities.

5.0
9 Oct 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

Cons

You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

251
avatar
New York Life Response
9y
Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
See reviews by: Helpful|Rating|Date|All