I applied through an employee referral. The process took 2 months. I interviewed at New York Life (Monroe, LA)
Interview
Initial interview to discuss company averaged an hour, online personality testing (hour long), skills testing, secondary interview to discuss potentional income (embellishment). Must submit two years tax returns, documentation from former emoloyer that you have never sold insurance and gained profit before, fingerprint background check, credit check (any discrepenscies must be cleared up prior to employment), if not licensed in life & health...must do so before hired, must submit name and contact information for 200 people during contracting stages, must attend all training and regional meeting during contracting (do not get paid and can take 60 days), then must sell min 5 contracts to be considered an employee and min $6000 in premium before initial payroll. From first interview to payroll trigger....average is 4-6 months of work done for free
Interview questions [1]
Question 1
We are commission based with bonus incentive program. There will be many months that you may not receive a payroll check at all. Are you financially able to endure the requirements of paying for marketing materials and traveling to meet with customers if you have a no payroll month?
I applied through a recruiter. I interviewed at New York Life (Irvine, CA) in Mar 2024
Interview
Long process. Be prepared to be uncovered wide-open. Extensive back ground check. They claim to pay a salary, but the allowance is more like a drawl.
The allowance is equivelant to slightly above mimimun wage. You would need a part-time job to survive or another side-hustle.
Interview questions [1]
Question 1
I dont recall the exact question, but basic Life Insurance questions.
The process took 2 weeks. I interviewed at New York Life (Charlotte, NC) in Aug 2023
Interview
Two interviews with a hiring agent and a managing partner after completing an online assessment, typically used for insurance positions. The assessment takes 30 minutes and is conducted online. The interviews were conducted on phone and via zoom.
Interview questions [1]
Question 1
They asked about my work experience and my income goals.
Casual, responsive, and fairly easy. A lot of the interview process is learning about the company. The questions are straightforward and focus on attitude and experience. Overall, you will be assigned a manager to interview you and test your relationship-building skills and team skills.
Life Insurance Agent applicants have rated the interview process at New York Life with 2.7 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 60% positive. To compare, the company-average is 57.8% positive. This is according to Glassdoor user ratings.
Candidates applying for Life Insurance Agent roles take an average of 16 days to get hired, when considering 45 user submitted interviews for this role. To compare, the hiring process at New York Life overall takes an average of 19 days.
Common stages of the interview process at New York Life as a Life Insurance Agent according to 45 Glassdoor interviews include:
One on one interview: 26%
Background check: 19%
Personality test: 17%
Phone interview: 9%
Skills test: 6%
Presentation: 6%
Drug test: 5%
IQ intelligence test: 4%
Group panel interview: 4%
Other: 4%
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