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) , Registered Representative (138) , Senior Associate (138) , 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 558 reviews)); "Great hours and people that work there" ((in 346 reviews)); "The benefits are good and hybrid" ((in 327 reviews)); "moving to Agile from Waterfall based projects) Internal Mobility is good if you're interested Good work/life balance at the company" ((in 187 reviews)); "A great culture based in giving and many events to attend if you have time." ((in 185 reviews))

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

"Captive agent and since this is a commission only position you can get into financial difficulties if you are having a bad month production" ((in 314 reviews)); "no salary for all the time and effort you have to put in unless in management." ((in 241 reviews)); "Poor management and lack of help." ((in 165 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 36 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.

New York Life reviews

3.7

63% would recommend to a friend

(5,486 total reviews)

Craig DeSanto

78% approve of CEO

62% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (5,486 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,486 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

Nov 14, 2025

Agent

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great benefits and work life balance

Cons

None, unlimited potential and growth

4.0

Nov 13, 2025

Good for those ready to grind (and that have connections)

Insurance sales agent

Recommend

CEO approval

Business Outlook

Pros

In this role, like many sales roles, there are a lot of opportunities to bring home good money and make a good career out of this. You have a lot of freedom to run and grow your business how you see fit and you have training and support along the way.

Cons

The first part of this business really requires a lot of cold outreach, and/or already having connections of people with money looking to get life insurance policies. the first few months you are paid on a sort of retainer, and you can easily go into the red if you don’t have commissions coming through. I also had a large policy that I sold and was forwarded the cash but later that policy was rejected by the insurance company and I was 2500 in debt.

5.0

Nov 12, 2025

Awesome company

Sales associate

Recommend

CEO approval

Business Outlook

Pros

Great place to work great benefits

Cons

None to mention right now

Viewing 139 - 141 of 5,486 Reviews

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Jobs at New York Life

Senior Representative, Medical Underwriting Administration

Corporate Vice President - Data Risk & Governance Lead

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Rockland, MA

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Bilingual Insurance Agent/Financial Advisor (Chinese speaking)

Westborough, MA

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Senior Associate - Data Governance Analyst

New York Life

New York Life reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Agent

Good for those ready to grind (and that have connections)

Awesome company

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Jobs at New York Life