This is a pyramid scheme scam - Recensione dipendente - Salesman presso New York Life

1,0
24 feb 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

None. You owe money when you leave because NY Life charges its agents rent for their desk and phone and faxes and leads.

Svantaggi

New York Life is a scam operation. They force you to study and pass both the Health and Life Insurance license exams in just a few months when in reality the Health test is a nightmare of changing rules and laws every year and the test is not current with the new laws. Its a joke. Zero salary. No salary. Nothing. Nada. Zilch. Zero. You dont "work" for the com[any because they never pay you a salary. You run out and sign up your friend and famlly and when you run out of leads they FIRE you. Of course they cannot fire you because you were never really hired because you NEVER made any money. Its a scam to get each new sucker who "works" for them - remember you are not working for them because they dont pay a salary- each new sucker has to provide a list of 200 leads which they steal from you - they fire you and steal the 200 leads- get it now? Do you see what kind of scam this is?

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.

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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.
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