Transform culture to meet needs of baby boomers - Sales Agent New York Life Employee Review

2.0
27 July 2008
Recommend
CEO approval
Business outlook

Pros

Solid company with strong ratings. It will be here for many generations which is very comforting to those that buy it's life insurance and long term products. With a new and younger CEO, the company can give the image that they are connecting with the younger families and investors.

Cons

Company has not progressed with the changing times and investors changing needs. Brokerage account and trading fees are too high when competing with Etrade, etc. This is not an area they want to be known for however, they must change their image if they are to attract the baby boomers as their "full service" financial provider. Otherwise they will go elsewhere.

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.

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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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