Do Not Drink from the New York Life Koolaid - Recensione dipendente - Insurance Agent presso New York Life

1,0
10 ott 2016
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- You get to manage your own time. - The New York Life products are one of the best in the market. - Great training in Sales Development. - You are employed by NYLife, not by the local Dallas GO.

Svantaggi

- You are sold nothing but pipe dreams similar to multi level marketing schemes. - Management is horrible and abusive (Our team supervisor would yell at us and call us good for nothing freeloaders). That's just one example. - You work 100% on commissions. - There are no real programs or help from the team leaders on prospecting. - Training is great on the Sales Development aspect but nearly absent on how to run the system. And the partners hardly know anything as well. - The turnover rate is unbelievable. In my two years with New York Life I only saw one agent that started with me stick. Even experienced agents end up eventually leaving the company. - Just like with Multi Level Marketing Schemes, you are brain washed into believing that the "next big case is right around the corner". But it doesn't matter whether you personally choose to keep running after that illusion, if your numbers don't help the office average illusion, they will show you the door. They will tell you that the main office in NY did not renew your contract (a lie), and when you stop showing up they send a letter to the main office saying that you quit. - The office culture is horrible. Agents look miserable and abused.

Esplora altre recensioni su New York Life

5,0
3 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great brand with high levels of training and support. Good work-life balance and supportive managers who don't micromanage. Benefits include good pay, decent PTO, tuition reimbursement, bonuses. Agents enjoy full autonomy over their schedule, the ability to work with clients they choose, and untapped commission potential. Training is strong, with clear advancement paths toward financial advisor and management roles.

Svantaggi

Commission-only structure. Agents must generate their own leads with no real structure to daily activities.

5,0
9 ott 2015
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

Svantaggi

You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

251
avatar
Risposta di New York Life
9y
Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
Vedi recensioni per: Utile|Valutazione|Data|Tutto