Loaded with stress and constantly under the gun - Corporate Vice President New York Life Employee Review

1.0
Oct 7, 2015
Recommend
CEO approval
Business Outlook

Pros

Fairly decent facilities, great benefits

Cons

Stay away from this company like the plague if you are in IT. After numerous failed attempts to revitalize the IT environment, that all failed due to the ineptitude of senior management from the CEO on down, the firm has now decided that the way to move forward is to replace numerous key positions with outsourced labor from India. I can see using outsourced labor to facilitate special needs where the talent does not reside in house, but the Help Desk and Network Operations? If they can't run these areas efficiently, then the leaders should be replaced. I have built and run successful support organizations in some of the toughest markets in the world, and I can tell you New York Life is failing solely due to the inability or unwillingness of upper management to do what needed to be done, and also their unwillingness to get out of the way of their people who are committed to moving the company forward. That's not to say there aren't people who need to go: There are, but that doesn't mean you replace everyone because of a few bad apples. New York Life will no longer "Keep Good Going" when they use strong arm tactics to push through one more organizational transformation that is doomed to mediocrity or failure as a result of managerial incompetence.

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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
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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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