Great Company to work for.....You get out of it what you put into it. - Agent New York Life Employee Review

5.0
Jul 10, 2010
Recommend
CEO approval
Business Outlook

Pros

You are in charge of you! Training is excellent. Compensation is 100% commission BUT there is commission base training pay. It starts out at 80% for the first year, goes to 45% the second year, and 35% for the third and last year of training pay. If you dont earn all you are entitled to, it rolls over to the second year.

Cons

You are in charge of you!....so, if you dont do a good job of managing yourself....you may not do well in the type of career. NO base. You must have another wage earner or some money saved up while you work on building your business. There are reversals and it can be devastating. If you are new to the financial world, it is a huge learning curve. Be prepared to be uncomfortable in many situations. Some people will do excellent (having friends and family doing business with them) and others will struggle. Thats just the way it 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.

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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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