Not as Bad as some People Claim - Financial Professional New York Life Employee Review

4.0
22 Nov 2024
Recommend
CEO approval
Business outlook

Pros

You make your own destiny, so to speak. You put in the work and learn and get your certifications and licenses, you can be on your way in no time. At least in this office, they do help you as best as they can and care about getting you on your feet.

Cons

At the same though, you are 100% commission, so you have to start taking off relatively quickly if you want to get paid. It is not for the person who needs stable income RIGHT AWAY. If you can grind it out and put in a little work and have a way to live for a few months, it could be super worth it.

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