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      New York Life

      Engaged employer

      New York Life reviews

      Things will only get better! - Financial Representative New York Life Employee Review

      2.0
      26 Nov 2012
      Financial representative
      Recommend
      CEO approval
      Business outlook

      Pros

      - Company has maintained highest possible financial ratings over the past 5 years (current surplus account balance is greater than FDIC) - Uncapped earnings potential. - Strong training program. - Overall positive team environment.

      Cons

      - No base salary (you will invest in the company before they invest in you). - Uncapped work hours (you will work nights and weekends.) - Management title precedes Series 7 examination sponsorship (you have to be a partner before you can take the series 7) - Disapproving market (people will tend to avoid you. They can smell insurance breath!)

      avatar
      New York Life Response
      13y
      Thank you for adding your feedback. However, it is not true that one must become a manager before obtaining their series 7 license. Managers are required to have the series 7 because they need it to get their series 24 license for supervisory purposes. Although reps are required to obtain their series 6 and 63 to start, many will also get their series 7 as well. The company will accept series 7 registration transfers from experienced producers and managers also.

      Explore other reviews about New York Life

      5.0
      11 May 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Great culture and leadership team.

      Cons

      None as yet so far

      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.
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