New York Life Reviews

Updated Sep 22, 2020

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3.7
64%
Recommend to a Friend
91%
Approve of CEO
New York Life Chairman, President and  CEO Ted Mathas
Ted Mathas
1,324 Ratings
Pros
Cons
  • "100% commission only with a less than 3% chance of succeeding in the industry(in 119 reviews)

  • "Feeling like you have to sell friends and family feels kind of scummy(in 110 reviews)

More Pros and Cons
  1. "ok"

    4.0
    Current Employee - Anonymous Employee 

    I have been working at New York Life full-time

    Pros

    good working environment for employee

    Cons

    no work life balance. too much

  2. Helpful (2)

    "Sales"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Sales Consultant in Windsor, ON
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great training for new hires.

    Cons

    Management only care about their own asses


  3. "Take the good with the bad"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor (Registered Representative) 
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Generous first-year commissions and training/licensing support

    Cons

    Gate keeping with Eagle Strategies

    Continue reading
  4. "Full time Underwriting Senior Specialist"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Underwriting Senior Specialist in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Supportive managers with no micromanagement.

    Cons

    None when you have supportive team members and managers.

  5. "Good Company"

    5.0
    Former Employee - Licensed Life and Health Insurance Agent 

    I worked at New York Life full-time

    Pros

    Always hiring new staff for Life and Health Agents

    Cons

    There are no negative associated with this company

  6. Helpful (1)

    "Great"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Front Desk Receptionist in Greensboro, NC

    I worked at New York Life part-time for less than a year

    Pros

    Great place to work, good management.

    Cons

    I had to travel a long way.

  7. Helpful (1)

    "New York Life"

    4.0
    Current Employee - Agent 

    I have been working at New York Life full-time

    Pros

    Un capped growth potential as agent

    Cons

    behind the times in marketing and overly strict on compliance

  8. "Great!"

    5.0
    Former Employee - Insurance Agent 

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

    Pros

    Great training and team support

    Cons

    100 Commission , soliciting to friends and family

  9. "N/A"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agent 
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Independent work schedule and high income potential

    Cons

    Full commission. Have to grind all day everyday for years before leveling

  10. "Good Oppportunity"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Life Insurance Agent in Irvine, CA

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

    Pros

    Have the opportunity to learn the industry and sharpen your skills.

    Cons

    100% commission. Must be self-discipline to pass-through

    Continue reading
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