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 decreased by 2% over the last 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 (669) , Insurance Agent (640) , Financial Services Professional (253) , Financial Advisor (227) , Senior Associate (138) , Registered Representative (137) , Intern (102) , Financial Services Representative (98) , Life Insurance Agent (98) , Insurance Sales Agent (97) , Financial Professional (94) , Corporate Vice President (86) , Customer Service Representative (83) , Partner (57) , CVP (54)

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

"Great training and a strong roadmap for career longevity if you can make it in the beginning" ((in 548 reviews)); "Great hours and people that work there" ((in 337 reviews)); "great benefits and close to freeways" ((in 314 reviews)); "Great work/life balance (though the tighter restrictions and rules around Work at Home has gotten ridiculous)" ((in 202 reviews)); "A great culture based in giving and many events to attend if you have time." ((in 195 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 328 reviews)); "no salary for all the time and effort you have to put in unless in management." ((in 248 reviews)); "Poor management and lack of help." ((in 171 reviews)); "The reason someone makes a good manager at NYL is because they know how to sell people." ((in 107 reviews)); "Even more of a deathknell, upper management is slowly outsourcing every department." ((in 32 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

(5,473 total reviews)

Craig DeSanto

76% 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 5,473 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

5.0

Jul 5, 2008

A Great Company

Analyst

Recommend

CEO approval

Business Outlook

Pros

Thus far, everyone I have met has been extremely nice and I truly understand why people believe "it's a great company." While the salary may not be as high as other places due to their desire to remain a mutual, the working environment definitely makes up for it.

Cons

Like almost every job in corporate America, there are times when the hours are much longer than you want them to be, but that is to be expected.

3.0

Jun 30, 2008

Safe & Secure

Analyst

Recommend

CEO approval

Business Outlook

Pros

Company Culture is extremely friendly and respectful. Job security is very good and for those who enjoy a conservative culture New York Life is the place to be.

Cons

Compensation is not very competitive. You're looking at a $50,000 - $60,000 starting salary working in the Home Office which, although it may seem great to some, is not very much to be living comfortably in New York City. As a younger professional I found the company's conservative lifestyle extremely stifling at times, many older employees (of which there are many) have and will be at New York Life for their entire lives.

3.0

Jun 12, 2008

Short but sweet

Sales agent

Recommend

CEO approval

Business Outlook

Pros

money. The harder you work and more prospecting and cold calls. The more successful you can be. There is also some cut throat between employees. They do not share any knowledge and there is a lot of resentment and jealousy when you are more successful thaan them.

Cons

Too much prospecting, You alays have to be prospecting. You also have to be cold calling. Something that does not always work.

Viewing 5470 - 5472 of 5,473 Reviews

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