New York Life Reviews

Updated 4 Aug 2020

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3.6
62%
Recommend to a Friend
93%
Approve of CEO
New York Life Chairman, President and  CEO Ted Mathas
Ted Mathas
1,313 Ratings
Pros
Cons
More Pros and Cons
  1. 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

  2. "New York Life"

    5.0
    Current Employee - Anonymous Employee 

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

    Pros

    Great company to work for.

    Cons

    No cons that I can think of.


  3. "Big growth potential, but steep climb"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Agent in Honolulu, HI
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A lot of free reign and unlimited income potential

    Cons

    Constant battle to find leads for insurance

  4. "Great company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Los Angeles, CA
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at New York Life full-time for more than 3 years

    Pros

    Good training provided by staff

    Cons

    Self management, prospecting is all on you

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  5. "Great Place to Work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Corporate Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time for more than 8 years

    Pros

    Great benefits, strong company culture

    Cons

    Technology is still catching up to current times/employee expectations

  6. "Amazing Company!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Head of Compliance 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time for more than 3 years

    Pros

    Terrific culture that drives everything - values matter!

    Cons

    Limited advancement opportunities for veterans

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  7. "One of the last AAA-rated companies in America"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Registered Representative in Southfield, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at New York Life full-time for more than 8 years

    Pros

    Extremely well run company. Built for times like these. Believes in Career Agency. Financially very strong. Recession proof business.

    Cons

    Agents paid by commission only. (But salaries are available in management track.)

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  8. "Greeat place if you like to sell"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agent in Irvine, CA
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Make your own schedule. They say you have a good work/life balance but if you don't work all the time, you won't make enough to earn a living.

    Cons

    No sales = no income. Almost the same as the pros. You can work a lot of hours but if it doesn't generate sales, you won't make any money.

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  9. "Great place to work!"

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

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

    Pros

    Great work environment and even better management.

    Cons

    Commission based income, but with opportunities for bonus income.

  10. "Great Career Partner"

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

    I have been working at New York Life full-time for more than 10 years

    Pros

    New York Life is truly the leader in the industry. Financial strength, integrity and solid core values make me proud to have worked with NYLIC for over 3 decades. I love my company and I have benefited tremendously from the training, teamwork and support provided throughout my career.

    Cons

    You're compensated based on your talent and your efforts, this is actually great news unless you just aren't a good fit for the job. No income is guaranteed, but you have unlimited income opportunity and the freedom to control your own schedule.

    Continue reading
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