Does New York Life pay their employees well?

According to anonymously submitted Glassdoor reviews, New York Life employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at New York Life. This rating has been stable over the past 12 months.

How satisfied are employees working at New York Life?

62% of New York Life employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated New York Life 3.8 out of 5 for work life balance, 3.8 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at New York Life?

Agent (670) , Insurance Agent (640) , Financial Services Professional (254) , Financial Advisor (227) , Registered Representative (139) , Senior Associate (139) , Intern (102) , Financial Services Representative (98) , Life Insurance Agent (98) , Insurance Sales Agent (97) , Financial Professional (96) , Corporate Vice President (86) , Customer Service Representative (84) , Partner (57) , CVP (54)

What are the pros of working at New York Life according to real employee reviews?

"Great training and very professional" ((in 557 reviews)); "Great hours and people that work there" ((in 348 reviews)); "Great benefits as well (they have a pension program!!!!!!!!)." ((in 318 reviews)); "Great work/life balance (though the tighter restrictions and rules around Work at Home has gotten ridiculous)" ((in 199 reviews)); "A great culture based in giving and many events to attend if you have time." ((in 183 reviews))

What are the cons of working at New York Life according to real employee reviews?

"Commission only and a lack of true clarity of compensation or contract maintenance by recruiters more often than not to meet their quotas." ((in 317 reviews)); "no salary for all the time and effort you have to put in unless in management." ((in 238 reviews)); "Poor management and lack of help." ((in 174 reviews)); "The reason someone makes a good manager at NYL is because they know how to sell people." ((in 106 reviews)); "Unethical behavior by upper management inauthentic sales they are use to selling a dream and they do it well." ((in 35 reviews))

What are employees saying about New York Life layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about New York Life layoffs and their outlook for job security at New York Life in 2026.

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New York Life

New York Life reviews

3.7

62% would recommend to a friend

(5,489 total reviews)

Craig DeSanto

78% approve of CEO

62% positive business outlook

Ratings by category

4.2

Diversity & inclusion

3.8

Culture & values

3.8

Work/Life balance

3.6

Senior management

3.6

Career opportunities

3.5

Compensation and benefits

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,489 company reviews on Glassdoor which indicates that most employees have a good working experience there. The New York Life employee rating is in line with the average (within 1 standard deviation) for employers within the Seguros industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

5K reviews

4.0

Jan 9, 2011

Once in, you are set for a long haul

Beginners

Recommend

CEO approval

Business Outlook

Pros

Family oriented. Very stable company. Great location.(for Home Office employment)

Cons

dinosaur mentality great internship, dismal full time after that. as i said , you are in for a long haul non competitive salary poor promotion structure, they seldom hire inside people for executive positions

5.0

Jan 5, 2011

It was Very Rewarding!

Insurance sales agent

Recommend

CEO approval

Business Outlook

Pros

Lots and Lots of Training! Very Good Support from Management! Work your own hours after your training period! Very good benefits!

Cons

Some training is repeated over and over. Too much cold calling. Long hours in the beginning. Need to simplify paperwork.

3.0

Dec 26, 2010

I would have had a better experience if management knew all the resources available at their disposal

Agent

Recommend

CEO approval

Business Outlook

Pros

Well established company Good values Good bonus package (if u meet sales goals) Lot s of available (free) resources Promotions are available to successful agents

Cons

Management sometimes don't even know what resources are available to agents There are very few support people available to help you with questions You have to spend a lot on marketing yourself or you have to spend a lot of time chasing cold leads At the interview process, they want you to start immediately, they don't tell you that you can keep your current job for 6 months to one year while you test the waters. I would have stayed if they let me test the waters first to get a feel of the industry. They push you a lot to get your natural market. Not a good idea if you end up leaving and your friends and family will be marketed to by another agent you don't know. Agents get money for referrals so they lie to their teeth to get you in as well, and they get your orphan clients when you leave.

Viewing 5359 - 5361 of 5,489 Reviews

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