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?

63% of New York Life employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated New York Life 3.9 out of 5 for work life balance, 3.8 for culture and values and 3.7 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) , Senior Associate (138) , Registered Representative (137) , Intern (102) , Financial Services Representative (98) , Life Insurance Agent (98) , Insurance Sales Agent (97) , Financial Professional (95) , 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?

"Can be lucrative and great training" ((in 569 reviews)); "Great hours and people that work there" ((in 343 reviews)); "great benefits and close to freeways" ((in 323 reviews)); "Great work/life balance (though the tighter restrictions and rules around Work at Home has gotten ridiculous)" ((in 190 reviews)); "A great culture based in giving and many events to attend if you have time." ((in 174 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 329 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 169 reviews)); "The reason someone makes a good manager at NYL is because they know how to sell people." ((in 108 reviews)); "Even more of a deathknell, upper management is slowly outsourcing every department." ((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

63% would recommend to a friend

(5,482 total reviews)

Craig DeSanto

78% approve of CEO

63% positive business outlook

Ratings by category

4.2

Diversity & inclusion

3.9

Work/Life balance

3.8

Culture & values

3.7

Career opportunities

3.6

Senior management

3.5

Compensation and benefits

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,482 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

2.0

Sep 19, 2016

Corporate Vice President

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

This company might still be a great place to work if you're in a business area. Possible opportunities for employees to gain experience in the life and annuity business.

Cons

If you're considering it for technology or finance, the family oriented culture that had previously existed has been eradicated by the current CEO as most of these jobs have been outsourced or relocated out of the tri-state area.

2.0

Jun 13, 2016

TAS 1st Year Agent

Tas first year new org

Recommend

CEO approval

Business Outlook

Pros

Ability to work from home, flexibility of schedule, incentives, access to senior established agents for product advice, moral support, additional online training, ability to recognize the changing lifestyles of families and offering products to families who are not married but in committed relationships and LGBT community

Cons

No product training before required to sell, too many agents in a small area, commission base only, considered self employed but have to answer to many members of managment, must turn over 200 contact information within 30 days of hire, complete liability for misinformation when not formally trained on procedures.

4.0

Jun 9, 2016

Financial Services Professional

Financial services professional

Recommend

CEO approval

Business Outlook

Pros

Great learning experience with excellent sales tactics and benefits are ok.

Cons

Constant meetings at least 2-3 times a week, so that takes up most of your sales time that you could be making money. The job is commission only so you better have a big network of people or your most likely going to fail.

Viewing 112 - 114 of 5,482 Reviews

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