New York Life Reviews

Updated 24 Jan 2021

To filter reviews, or .
3.9
69%
Recommend to a Friend
94%
Approve of CEO
New York Life Chairman, President and  CEO Ted Mathas
Ted Mathas
1,421 Ratings
Pros
Cons
  • "100% commission only with a less than 3% chance of succeeding in the industry(in 123 reviews)

  • "100 Commission , soliciting to friends and family(in 116 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review
    Helpful (19)

    "Great place to build a career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Agent in Louisville, KY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time for more than 5 years

    Pros

    The culture is fun, uplifting and supportive. If you truly want to be rewarded for your efforts and have the backing and support of management and a strong company, this is the place.

    Cons

    none. This is a great place to enjoy a rewarding career-from an income standpoint and personal fulfillment.

    Continue reading
  2. Helpful (1)

    "Financial Analyst"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at New York Life full-time

    Pros

    Nice office, the interview process was not long

    Cons

    It is a sales position and you have to sell insurance to your family and friends first


  3. "Good Place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Agnet in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at New York Life full-time for more than a year

    Pros

    Their program is built to build you to a Financial Planner. It is a three year thing. Get hooked up with senior people who will champion you. Tough if you don't. A really great company though

    Cons

    Just the normal ones with this type of job. Cold calling and lead aquisition are tough. You will get very few leads from NYL

    Continue reading
  4. "Okay"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Orlando, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time

    Pros

    Good pay, benefits, friendly environment and leadership

    Cons

    Call center, overworked, very demanding

  5. "Great place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Cleveland, OH
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at New York Life full-time

    Pros

    They offer great benefits from day one.

    Cons

    They are not as flexible as they would lead you to believe

  6. "Solution Architect"

    5.0
    Current Employee - CVP 

    I have been working at New York Life full-time

    Pros

    Very friendly environment and the team from other group collaborate well.

    Cons

    Legacy mindset, hard to influence and bring the change.

  7. "Great People, and very rewarding"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Youth Minister in Middletown, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at New York Life full-time for more than a year

    Pros

    Working with great people, making a difference with high-school teens, helping the parish thrive

    Cons

    Worked very hard for the small salary, got burnt out very easily here

    Continue reading
  8. "Great training!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agent in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at New York Life full-time for more than 3 years

    Pros

    One of the best company to learn the ropes for the financial profession

    Cons

    Captive agency / you do not own your client once you leave

  9. "Mixed consulting experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in New York, NY

    I worked at New York Life full-time for more than a year

    Pros

    Great people, comparatively relaxed work environment

    Cons

    Regimented legacy financial institution policies

  10. "Love the people"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Agent in Bethesda, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time for more than a year

    Pros

    Advance commission, Good work balance.

    Cons

    Commission only, Reversals from people being denied.

Viewing 1 - 10 of 2,898 English Reviews