New York Life reviews

3.7

63% would recommend to a friend

(5,480 total reviews)
avatar

Craig DeSanto

78% approve of CEO

63% positive business outlook

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,480 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).

Reviews by job title

5K reviews
5.0
Jul 7, 2008
Recommend
CEO approval
Business Outlook

Pros

Very flexible schedule. Great Partners in our office. I have worked with the company for about 3 years and have found that I've been able to do significantly better than I would have been able to do anyone else when coming straight out of college. The staff and management is very good. Very good company morale and values. The rewards and recognition programs are great. If you do much of anything they send you on a nice trip once a year. They also have a very good training program and great compensation structure, espcially for someone who is just starting out in this business.

Cons

They hire just about anyone to be an agent. Some of the people in our office are destined for failure (at least 8 out of town new hires is gone in 2 years). As with any firm in the insurance/financial planning business you are completely responsible for developing and maintaining your own client base. If you are not motivated you won't eat! This is great for me, but I hate working around a bunch of people who aren't motivated and dont' do anything. As a whole this is NOT necessarily a New York Life problem as it is my office's problem.

5.0
Jul 5, 2008
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
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.

Viewing 5476 - 5478 of 5,480 Reviews

Glassdoor has 6,517 New York Life reviews submitted anonymously by New York Life employees. Read employee reviews and ratings on Glassdoor to decide if New York Life is right for you.