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      New York Life

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      New York Life reviews

      WARNING: Approach with Extreme Caution. - Financial Services Professional New York Life Employee Review

      1.0
      4 May 2018
      Financial services professional
      Recommend
      CEO approval
      Business outlook

      Pros

      Excellent income potential, freedom to work for yourself. Excellent brand recognition. On the surface this looks like the opportunity of a life time.

      Cons

      Don't believe what you are told, ask your recruiter 1) how many agents/ financial consultants have made it past 5 years (most don't) 2) for proof of their income while an agent. Most in management are there because they can not sustain income as a Financial Services Representative. The business model at NYL is to capitalize on the new reps friends and families (low lying fruit) and once these relationships are expired (sold) they have no consistent way of sustaining your business or income.

      Explore other reviews about New York Life

      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
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      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.
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