New York Life

New York Life reviews

Pay your agents! - Agent New York Life Employee Review

2.0

4 Feb 2026

Agent

Recommend

CEO approval

Business outlook

Pros

-Good way to get into the industry -Good to get health/life licenses -They will back you for your SIE, Series 7 etc...

Cons

-.....so when you get your licenses find a legit place and bail -The whole goal is to sell to family and friends. People you love will ghost or view you differently -Commission only job. They will tell you theres $500 a week stipends, but if you arent producing, you dont get it is whats not told to you initially. -They give you NO LEADS. ZERO. NONE. The one time they offered "10 aged leads to agents who sign up" 8 of them were disconnected numbers. -If you want to join the in house events group, its $50 dollars off your ledger monthly -Useless meetings to try and "improve morale" but its just a j.o. fest of the same top agents. -You manager will be nonstop hiring people at all times of the year. His focus will be on others and not on you as he has to worry about his own numbers for his higher ups watching. -They advertise making 100k a year on Linkedin or Indeed. Shouldn't even be legal to propose that. -90% of the team of other new hired agents I started with when I joined was gone by the time I left.

New York Life Response

3mo

Thank you for your feedback. For the first 3 years of an agent’s career, a manager is responsible for providing training, mentorship and support to help their agents succeed on their own. After this period, our agents are encouraged to have an entrepreneurial and independent mindset and proceed as if they are responsible with establishing their own financial services practice. We like to think of our agents as being in business “for themselves but not by themselves.” For this reason, this career is not for everyone. We take your concerns seriously and would like more information. We encourage you to email us at helpusimprove@newyorklife.com if you would like to share specific details about your experience.

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5.0

12 June 2026

Senior representative

Recommend

CEO approval

Business outlook

Pros

They provide good benefits to employees.

Cons

The career ladder internally is limited.

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

New York Life Response

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.

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New York Life

Pay your agents! - Agent New York Life Employee Review

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