New York Life Employee Reviews

Found 1,192 reviews matching the search
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A workplace that fosters collaboration
Senior Associate (Current Employee) –  New York, NYApril 10, 2017
I have had a plethora of experiences with this company. The size has allowed me versatility with lots of different opportunities. I have had the ability to move across multiple departments and learn from terrific managers.
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Productive
New York Life Jet Underwriter (Current Employee) –  Lawrenceville, GAApril 9, 2017
The jet underwriting position is a fast paced, and critical thinking position in which an individual has to be adaptive due to the high volume of cases needed to be reviewed. The environment is friendly, and co-workers are helpful if there are questions needed. Managers are helpful and insightful in the insurance industry.
Pros
friendly environment, calm setting
Cons
minimal error
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Not a great place to work
Help Desk Support Analyst (Former Employee) –  Utica, NYApril 7, 2017
The company hardly listens to any complaints you make about anything, whether it be working conditions or other coworkers. There was little ability to move further in the company, as well as no incentive to move further as they always hired from outside of the company instead of offering promotions, as well as a very small pay increase and raises were never to be mentioned.
Pros
Non-strict on asking for time off.
Cons
Low pay, no raises, incompetent management, no room to move up, very low morale
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Not a good Place
Sales Associate (Current Employee) –  Downers Grove, ILApril 5, 2017
They have a lot of meeting that are very helpful but once you have gone through your family and friends. they do nothing to help you get more people. They told me that I would have a salary for three years of $75,000 a year and as my commission go up the salary would go down so I would make at least $75,000 a year. THAT DID NOT HAPPEN !
Pros
work schedule
Cons
they lie about salary and commission base business ! they do nothing to help advance your business
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Lots of meetings
Sales Representative (Former Employee) –  Franklin, TNApril 3, 2017
The good news is that they will keep you in training for a long time to make sure you succeed. The bad news is that they keep in you in training a long time. Many months of mandatory meetings, required checkins, forms to fill out, quotas are stiff, and the payoff is not awesome. You could make a great living if you have no filter or fears of approaching strangers. Cold calling is not a big part of it, but approaching strangers, or worse, your friends and family that's a big part of it.
Tough but not impossible.
Pros
Work life balance is great.
Cons
Selling to strangers and family and friends.
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Great place to advance
Administrative Manager (Current Employee) –  New York, NYApril 3, 2017
Although there are many advancement opportunities, salaries are not very competitive. The company does have some great benefits that could be the deal maker for some.
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Meritocracy - your success is based solely on your attitude, paradigm and drive.
Partner/Manager (Current Employee) –  San Antonio, TXApril 1, 2017
The hardest job in the world to make $40,000 a year. The easiest job in the world to make high six figures. For me my first full year with NYL I made a hard $36k. The second year was a rough $55k. By the third year I produced over $162,000 while still maintaining a comfortable work life balance.

After three years the business doesn't get EASIER, it gets EASY.
Pros
Positively impacting the lives of others.
Cons
First 2 years. Being in the business long enough to make it.
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Great learning enviornment
Agent (Current Employee) –  New York, NYMarch 30, 2017
Great place to get good financial skills and training. Fantastic development team. Lots of educational materials and product knowledge training.I highly recommend for some one just getting out of college.
Pros
Flexible
Cons
Lots of paper.
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overall
Agent (Former Employee) –  Anchorage, AKMarch 28, 2017
this company provides a great product but you do have to work a lot to make it work. Most of the time this would not pay off. Also it helps to be a bit older because people take you more seriously.
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Good company for customers, not agents.
Registered Licensed Agent (Former Employee) –  Melville, NYMarch 28, 2017
They will say anything to you to get you through the door. Ambiguous onboarding and arbitrary salaries are advertised to entice. It is self paced, however the more you do does not actually equate to more money due to the nature of this business. managers do work actively with you because the more money you make the more money they make.
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They lie to their customers
Sales and Service Representative (Current Employee) –  Tampa, FLMarch 28, 2017
There is not much room for advancement. They lied to us day 1 and they lie to their elderly customers to get a buck. This is not the work place for me.
Pros
Pay
Cons
Integrity and advancement
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Typical day
Corporate Procurement Specialist (Current Employee) –  Lebanon, NJMarch 27, 2017
Generate purchase orders on a daily basis. Order Telecom (iPhones, iPads) for the entire company. Assist the Finance Team with invoices that need to be processed for payment. Assist outside vendors with invoice payment status. Handle Procurement Card transactions and reconciliation. The most enjoyable part of the job is my co-workers. The company is very work and personal life balanced. I have learned taken on a lot of job responsibilities and learned a lot over the years. The management that I have worked with was great.
Pros
Work from home
Cons
Cafeteria food
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great training. concepts for helping to protect families and sll life insurance
Life Insurance agent (Former Employee) –  New York, NYMarch 21, 2017
Finding life insurance prospects . Showing the importance of protecting individuals and families from the unexpected loss of life and or income. pay off a mortgage, education for children.etc
Pros
great training
Cons
none
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It was ok
Administrative Assistant (Former Employee) –  Waltham, MAMarch 21, 2017
This was a part time position as I was looking for full time employment

I learned a lot about the business side of life insurance and this position prepared me administrative jobs
Pros
great learning experience
Cons
job was part time
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Excellant work environment with extensive training
Financial Service Professional (Current Employee) –  Dallas, TXMarch 20, 2017
Working with New York Life involved two to three days per week of training. You learned massive abount about leife insurance, long term care and annuities.
Their instruction with sales tecniques are first rate, very well presented by successful representatives.
The most difficult part of the job the pure commission salary basis, and finding enough time to sell while attending training in the first years.
I truely enjoyed being able to help business owners and families protect their future as well as their assets, should something unforeseen occur.
Pros
Excellant Training
Cons
Pure commission environment
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Good company,
Agent (Current Employee) –  Edison, NJMarch 20, 2017
A good company, but it took way to long to get through the back ground process. Asking about traffic violations from over 17 years ago!
Better for someone fresh out of high school , collage or who has never really done anything.
Cons
better
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A lot of training and helpful information to help you grow in the busines
Insurance Agent (Former Employee) –  Columbus, OHMarch 18, 2017
We prospect for clients through phone call-in section, Facebook, LinkedIn and walk-talk (face-to-face). We listen to clients' insurance needs and advice by suggesting to them any of the various insurance and financial products the company offers.

You will learn the various kinds on insurance products and their benefits and features

Management are very helpful and always offering assistance to help you grow in the business.

The most enjoying part of the work is when you are able to successfully submit paper or online application.
Pros
Management assistance and help to help you grow professionally
Cons
Commission based business
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Great place to work with great people
Insurance Agent (Former Employee) –  Waltham, MAMarch 17, 2017
A typical day at New York Life would be getting to the office and checking your calendar. Send out any emails, check your social media and then make 10 calls at minimum per day. Then head out to any appointments scheduled with your clients or managing partner.
Pros
Great people to work with. Everyone wants to see you succeed
Cons
Commision only
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New York Life
Representative (Former Employee) –  Tampa, FLMarch 16, 2017
New York Life in Downers Grove has a great management team. Great location and great company. The building has a great deli as well. love the shopping in the area
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Little to no help
Financial Service Representative (Former Employee) –  Bellevue, WAMarch 14, 2017
If you like not having any free time and only thinking about work, this is the place for you to work at! Constant grind and huge turnover rates. Try somewhere else first if you want to be in finance.
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Overall rating

3.8
Based on 1,206 reviews
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Ratings by category

Work/Life Balance
3.6
Compensation/Benefits
3.5
Job Security/Advancement
3.2
Management
3.5
Culture
3.6