Agent - Anonymous employee New York Life Employee Review

2.0
Sep 26, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture Fellow agents are helpful and supportive. Managing partner was a great leader and motivator

Cons

Really hard to make money unless you live where your warm market is or can travel to your warm market. The alternative is constant networking. You have to buy a computer with windows Pro if you don’t have it already. After about 9 months you get charged approx. $75 per month for WiFi and office etc. They forget to tell you that you will be charged $244 per month for 3 months for liability insurance. You’ll feel successful the first few months because you’re getting commission from family and friends. Then when family and referrals run out, you truly realize how hard it is. You will have to start the cycle over again to get enough name flow. You will need to work over 40 hours a week to really make it. A lot of the language they provide and suggested tactics to prospect clients reeks of MLM strategies. Just be authentic and partner with a more experienced agent you can trust. It’s worth sharing the commission.

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5.0
May 11, 2026
Anonymous employee
Recommend
CEO approval
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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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