If you don't have money to fall back on, this is not a job for you - Agent New York Life Employee Review

3.0
Mar 26, 2010
Recommend
CEO approval
Business Outlook

Pros

Great benifits. You have as much time off as you need to get things in your personal life straight if need be. You are your own boss, if you don't work you don't get paid. Friendly staff at the office that are usually willing to help you out at anytime.

Cons

Commision only. It took 2 months for me to get my first paycheck from signing my contract. You have to pay for everything from computer usuage, internet, phone service and equipment, cubicle, IT staff, Mail staff..... It seems every month there is a new monthly charge. Managment doesn't disclose all this information when hiring you. You are not given any leads, if you are new to an area and don't have a lot of friends, family or college buddies near by then think twice about joining. Not having a large natural market hurts you and you will only get a few internet leads that never work out, plus you will get charged for most of those leads.

Explore other reviews about New York Life

5.0
Jun 12, 2026
Recommend
CEO approval
Business Outlook

Pros

They provide good benefits to employees.

Cons

The career ladder internally is limited.

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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