Financial Planner - Anonymous employee New York Life Employee Review

2.0
May 16, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Thorough training classes at the office by the partners

Cons

-you work for free, even if it takes months to get a client -unpaid training. NYL expects you to dedicate 40+ to cold calling, finding prospective clients, and attending training, without paying you a penny -the partners/recruiters are so desperate to hire. They really will hire anyone. -Since leaving NYL, I have received 4 solicitations on LinkedIn from partners and recruiters to invest in "a great entrepreneurial opportunity"

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.

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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.
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