Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      New York Life

      Engaged Employer

      New York Life reviews

      This is a pyramid scheme scam - Salesman New York Life Employee Review

      1.0
      Feb 24, 2017
      Salesman
      Recommend
      CEO approval
      Business Outlook

      Pros

      None. You owe money when you leave because NY Life charges its agents rent for their desk and phone and faxes and leads.

      Cons

      New York Life is a scam operation. They force you to study and pass both the Health and Life Insurance license exams in just a few months when in reality the Health test is a nightmare of changing rules and laws every year and the test is not current with the new laws. Its a joke. Zero salary. No salary. Nothing. Nada. Zilch. Zero. You dont "work" for the com[any because they never pay you a salary. You run out and sign up your friend and famlly and when you run out of leads they FIRE you. Of course they cannot fire you because you were never really hired because you NEVER made any money. Its a scam to get each new sucker who "works" for them - remember you are not working for them because they dont pay a salary- each new sucker has to provide a list of 200 leads which they steal from you - they fire you and steal the 200 leads- get it now? Do you see what kind of scam this is?

      Explore other reviews about New York Life

      5.0
      May 11, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great culture and leadership team.

      Cons

      None as yet so far

      5.0
      Oct 9, 2015
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

      Cons

      You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

      251
      avatar
      New York Life Response
      9y
      Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
      See reviews by: Helpful|Rating|Date|All
      Related searches: New York Life jobs | New York Life salaries | New York Life benefits | New York Life interviews | New York Life conversations
      New York Life reviewsNew York Life Salesman reviewsNew York Life review