New York Life Interview Questions

Updated Sep 12, 2014
Updated Sep 12, 2014
392 Interview Reviews

Interview Experience

Interview Experience

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28%
13%

Getting an Interview

Getting an Interview

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17%

Interview Difficulty

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Candidate Interview Reviews

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  1.  

    Insurance Agent Interview

    Anonymous Interview Candidate  in  Philadelphia, PA (US)
    Anonymous Interview Candidate in Philadelphia, PA (US)
    Application Details

    I applied through college or university. The process took 2 weeks - interviewed at New York Life in May 2013.

    Interview Details

    Easy and plainness. You take a test to see how "motivated" you are to take the job. The interview was a one on one with a New York Life manager. They will review the questionnaire that you answer and proceed to ask a few other questions about availability and experience.

    Interview Questions
    • "Are you motivated?" Of course, I wouldn't have applied.   Answer Question
    Accepted Offer
    Positive Experience
    Average Interview
  2.  

    Insurance Agent Interview

    Anonymous Interview Candidate  in  Harrisburg, PA (US)
    Anonymous Interview Candidate in Harrisburg, PA (US)
    Application Details

    I applied online. The process took 6 weeks - interviewed at New York Life in August 2010.

    Interview Details

    An extended process, with at least 6-8 meetings with management. You are expected to wear formal business attire, be punctual, be prepared, First meeting is group meeting, then one on one meetings are held. A formal background check is required. You initial contract offered will be a temporary contract, with a minimum sales quota is required. If this is not met within 6 months, then you will not be offered a formal contract.

    Interview Questions
    • You will need to take a test that measured personality   Answer Question
    Negotiation Details
    Not much to negotiate
    Accepted Offer
    Positive Experience
    Difficult Interview
  3.  

    Intern Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    Fairly simple. Met and discussed with a licensed agent as well as a partner of the company. In total there were three interviews. All of the interviews/meetings lasted no longer then thirty minutes. Interviews were in a relaxed environment. I was nervous going into it but felt comfortable once things got started.

    Interview Questions
    • Questions were relatively general. How to deal with rejection, what are your world concerns, your greatest skill to attribute to the company. They threw a curve ball by asking what my favorite animal was and why.   View Answer
    Negotiation Details
    Fairly strung out. Not completely clear as to what compensation would be.
    Accepted Offer
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  5.  

    Agent Interview

    Anonymous Interview Candidate  in  Stockton, CA (US)
    Anonymous Interview Candidate in Stockton, CA (US)
    Application Details

    I applied through a recruiter. The process took 2 weeks - interviewed at New York Life in June 2014.

    Interview Details

    Interview1: Introductions, just getting to one another.
     Interview2: Introduction to Products and how they are marketed.
     Interview3: Compensation Conversation

    Be sincere, genuine, and a go-getter.

    My recruiter was knowledgeable, professional, and easy to talk to. Does his job well.

    Interview Questions
    Negotiation Details
    Stiff. No Negotiation.
    Accepted Offer
    Positive Experience
    Average Interview
  6.  

    Management Position Interview

    Anonymous Interview Candidate  in  Sleepy Hollow, NY (US)
    Anonymous Interview Candidate in Sleepy Hollow, NY (US)
    Application Details

    I applied online. The process took 4+ weeks - interviewed at New York Life in April 2014.

    Interview Details

    The phone and in-person interviews went well but never heard back from them. I understand not being the right fit for a role or possibly they are re-thinking the position but after a few months, it's unprofessional not to follow-up with people who take the time to come in for an interview.

    Interview Questions
    • There were no difficult questions, primarily wanted to understand how my background and experiences applied to the needs of the position. There were a few situational questions about different ways I've managed people in the past but this is also expected for a management position.   Answer Question
    No Offer
    Negative Experience
    Average Interview
  7.  

    CVP Interview

    Anonymous Interview Candidate  in  Dallas, TX (US)
    Anonymous Interview Candidate in Dallas, TX (US)
    Application Details

    I applied through an employee referral. The process took 6+ weeks - interviewed at New York Life in February 2013.

    Interview Details

    The meetings were very disorganized and really uncomfortable. I met with 10 people individually and had the same conversation separately with each of them. What a colossal waste of time. It was very obvious that none of them had ever hired or fired anyone. It was also apparent that they were uncomfortable because they didn't know how to conduct an interview.

    Interview Questions
    Reasons for Declining

    Oddly enough after talking to them I was the one that didn't want the job.

    Declined Offer
    Negative Experience
    Average Interview
  8.  

    Financial Representative Interview

    Anonymous Interview Candidate  in  Melville, NY (US)
    Anonymous Interview Candidate in Melville, NY (US)
    Application Details

    I applied through other source - interviewed at New York Life in May 2014.

    Interview Details

    Received email to come in for interview. Asked to wait in lobby. Asked to take personality online survey. Rated on answers. Called in to an interview. Interviewer was great. There is a sub contract where goals have to be met before they offer a perm contract. Training offered as well as a mentor. Sales position.

    Interview Questions
    Declined Offer
    Positive Experience
    Easy Interview
  9.  

    Insurance Sales Agent Interview

    Anonymous Interview Candidate  in  Manchester, NH (US)
    Anonymous Interview Candidate in Manchester, NH (US)
    Application Details

    I applied through a recruiter. The process took 2 months - interviewed at New York Life in January 2013.

    Interview Details

    Extensive interview process 3 meetings so that you understand fully what you are going to be doing and how you will achieve success, you must also get licensed. I recommend you find a managing partner you enjoy working for it makes the best out of the experience.

    Interview Questions
    • There was no difficult or unexpected questions asked, just fully read everything and if you have questions ask.   Answer Question
    Negotiation Details
    Nothing is really negotiable.
    Accepted Offer
    Positive Experience
    Average Interview
  10. 1 person found this helpful  

    Agency Manager Interview

    Anonymous Interview Candidate  in  Okemos, MI (US)
    Anonymous Interview Candidate in Okemos, MI (US)
    Application Details

    interviewed at New York Life in May 2014.

    Interview Details

    Received phone call on Tuesday, 5/20/14 after they found my resume on line. When she said she was calling from NY LIfe, I told her I've tried selling life policies before (Prudential, MassMutual) and was not successful. She said something like, "Oh, no, this is for sales, this is a position for an agency manager. You won't have to sell, you'll have people under you selling." This caught my attention as I have a management degree. An interview was scheduled for Friday, 5/23/14.

    Met the lady and AS SOON as we sat down she confessed that what she told me over the phone wasn't entirely accurate, that I would have to start out in the field selling as an agent for the first year or so and THEN move into management. I should have left right then. To me, this is a deceitful hiring practice and should be reported to someone.

    She talked about the job a little and then the office manager came into the interview who turned out to be her husband. He talked about the income potential (sell 50 policies your first year and make about $80k-$110k. When I worked for the other 2 companies I sold maybe 5 policies total, 3 to me, my ex-wife and my son. It's not easy selling life insurance.) He said they expect you to make 15 contacts per day in hopes of setting 2 appointments per day. I asked him how many others he's interviewing and he mentioned some large number (100+) and that he has to interview so many per month or quarter to hit his numbers for a bonus or to maintain his pay by HQ. THIS explains the lying about the job to get you in front of them for the interview. They had me take an assessment questionnaire on a computer in the office. They said they'd let me know about coming back in for a second interview by yesterday or today, 5/28/14. I never heard from them.

    I've been licensed since 2000 and don't actively market that I am an agent/broker, but I keep my licenses going. When i do talk to people in general conversations about life insurance, I tell them to buy term, it's a lot cheaper even though I wouldn't make as much in commissions. Everyone always appreciates me telling them that. What I DO try to do is get them to buy more in coverage/face amount (pay off debts, replace a spouse's income for X number of years, college funds for kids, leaving a legacy, etc.) and then round up to the next quarter million mark for the price breaks. (ie: it's cheaper to buy a $500,000 policy than a $490,000 policy.) I'm also able to shop premiums around through a brokerage house (being an independent agent/broker) rather than being a captured agent and only able to sell for one company. Consider that when being recruited. Most captured agents will receive a gradually-decreasing "salary" from their company over the first year as you're 'supposedly' selling policies.

    The lure of a very high income is intriguing, but there are too many cons to consider accepting this position, if offered.

    Interview Questions
    • The only question asked of me was what I want this job to entail.   View Answer
    No Offer
    Neutral Experience
    Easy Interview
  11.  

    Financial Services Professional Interview

    Anonymous Interview Candidate  in  Fairfax, VA (US)
    Anonymous Interview Candidate in Fairfax, VA (US)
    Application Details

    I applied through college or university. The process took 5 days - interviewed at New York Life in May 2014.

    Interview Details

    I applied to this position through my school's hiring program. I was scheduled for an interview a few days later. The interview was a little under an hour long. Interviewer was very friendly and helpful. They mostly just wanted to get to know me both personally and professionally. He explained the three step interview process to me and a little about the services they offer and the compensation and the company structure. I filled out an online survey after, and was given materials to read/ fill out in order to move to the next stage of interviewing.

    Interview Questions
    • They interview was just about getting to know me. One question was asking what is the first thing I do when I walk into a party. The whole interview was just questions about me, nothing technical.   Answer Question
    Reasons for Declining

    I basically got offered to move to the next stage of interviewing, but I declined because the job is 100% commission and I am not wiling to take the risk, especially selling life insurance.

    Declined Offer
    Positive Experience
    Easy Interview

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