Is New York Life a good company to work for?

New York Life has an overall rating of 3.7 out of 5, based on over 6,537 reviews left anonymously by employees. This rating has been stable over the past 12 months. 63% of employees would recommend working at New York Life to a friend and 63% have a positive outlook for the business. The best reviews about New York Life have been left by employees working as Managing Partner , Summer Intern and Partner .

Does New York Life pay their employees well?

According to anonymously submitted Glassdoor reviews, New York Life employees rate their compensation and benefits as 3.4 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?

63% 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 (671) , Insurance Agent (641) , Financial Services Professional (254) , Financial Advisor (227) , Registered Representative (141) , Senior Associate (138) , Intern (103) , 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 562 reviews)); "Great hours and people that work there" ((in 343 reviews)); "great benefits and close to freeways" ((in 316 reviews)); "moving to Agile from Waterfall based projects) Internal Mobility is good if you're interested Good work/life balance at the company" ((in 204 reviews)); "A great culture based in giving and many events to attend if you have time." ((in 187 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 319 reviews)); "no salary for all the time and effort you have to put in unless in management." ((in 247 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 108 reviews)); "need firm understand insurance and financial products to be successful" ((in 32 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.

What are the top reviewed New York Life locations?

New York , Dallas , Tampa , Waltham , Los Angeles , Pittsburgh , Cleveland , Melville , Austin , Glendale , Chicago , Boston , Atlanta , Edison , Philadelphia , San Antonio , Denver , White Plains , Charlotte , Jersey City , San Francisco , Houston , San Jose , Orlando , Irvine , Grand Rapids , Seattle , New Orleans , Bellevue , Charleston

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New York Life

New York Life reviews

3.7

63% would recommend to a friend

(5,497 total reviews)

Craig DeSanto

79% approve of CEO

63% positive business outlook

Ratings by category

4.2

Diversity & inclusion

3.8

Culture & values

3.8

Work/Life balance

3.6

Senior management

3.6

Career opportunities

3.4

Compensation and benefits

New York Life has an employee rating of 3.7 out of 5 stars, based on 5,497 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 Insurance industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

5K reviews

2.0

Feb 24, 2009

New York Life

Vice president

Recommend

CEO approval

Business Outlook

Pros

Good stable solid company - safe in these times

Cons

New management brought in from Citi is ruining the company. NYL used to have a good work /balance, employees treated fairly - these new managers are brutal.. Not what Ted Mathas preaches.

4.0

Feb 23, 2009

New York Life Director

Office director

Recommend

CEO approval

Business Outlook

Pros

A great company to work for. There is unlimited potential for pay in this position. It is very possible to climb the organizational ladder after some experience in the business.

Cons

A large company that sometimes has too much red tape to go through. They also need to improve their local advertising.

3.0

Jan 28, 2009

Great Company to start with if you can afford to struggle for a few years.

Financial services professional

Recommend

CEO approval

Business Outlook

Pros

Freedom and Income Potential. Great Training. If you are a young college graduate that still lives at home, and can work hard (sometimes 100 hours a week), you are almost certain to be a very succesful. Within 5 to 10 years you could be earning $200,000 and working a normal 40 hour week.

Cons

Lack of Base salary for new agents. Compensation is completly Commission. While this is fine once you have an established book of business, the first few years can be very rocky, be prepared for a roller coaster ride. Could have some more formalized mentoring programs

Viewing 5467 - 5469 of 5,497 Reviews

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