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 3% 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 (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.

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 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 5,489 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).

Reviews by job title

5K reviews

3.0

Sep 17, 2025

Solid

Agent

Recommend

CEO approval

Business Outlook

Pros

Good salary potential. good training

Cons

Must work hard. eat what you kill

3.0

Sep 17, 2025

good

Receptionist

Recommend

CEO approval

Business Outlook

Pros

good money. friendly staff. flexible hours

Cons

No cons in this business

1.0

Sep 15, 2025

You’re just a pawn

Financial advisor

Recommend

CEO approval

Business Outlook

Pros

Nice people, good training, food at meetings

Cons

I came on as a “Financial Advisor” little did I know that was a buzzword for insurance agent. My manager sold me a dream, provided me no training for my series 7, pushed insurance when I had plenty of clients who wanted every service but insurance, and they’ll keep you locked into endless training with unreliable guidance. They push the “warm market” technique as in selling to your friends and family. I’ve seen people I’ve trained with have relations ruined around them from how pushy they try to make you, people you care about are simply a sale and they don’t care if it harms your image, they just want to milk leads out of you.

New York Life Response

9mo

Thank you for taking the time to share your feedback. We take your concerns seriously and would like further information. An important part of an agent’s success is the ability to engage consumers. Because of this, we provide extensive coaching on prospecting and selling. Agents are encouraged to network and develop relationships because these connections help support their shared success. We encourage you to email us at helpusimprove@newyorklife.com if you would like to share specific details about your experience.

Viewing 181 - 183 of 5,489 Reviews

Top companies for "Compensation and Benefits" near you

Edic

4.0★Compensation & Benefits

Jobs at New York Life

Senior Associate - Data Engineer

Senior Associate - Network Engineer

Senior Associate - Full Stack Engineer, Decision Intelligence

Senior Associate - Full Stack Engineer

Center of Excellence Case Design Specialist

New York Life

New York Life reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Solid

good

You’re just a pawn

Top companies for "Compensation and Benefits" near you

Jobs at New York Life