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

1.0

Nov 29, 2008

Working as an Agent at NY Life the equivalent of being a used car salesman

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Unlimited opportunity to earn income... if you can get a stable of high net worth clients Flexible working hours for agents... except for weekly three hour org meetings for new agents, weekly three hour employee development meetings, monthly half day home office meetings... Great part-time job if you've got something else

Cons

commission-based income - you can feast or starve benefits contigent upon meeting sales quota training program for new agents concentrates on memorizing sales pitches, sales gimmicks, personal development and enticing you with possibility of unlimited income... little or no training in company products, services, or practices in life insurance industry

4.0

Nov 10, 2008

More beneficial to enter at a senior vs.entry level

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The company proved to be secure in the difficult times. It has laid back and friendly environment, with senior management being very approachable. Flat structure of the organization allows taking more responsibility. New York Life Investment Management provides excellent work / life balance for its employees. The compensation level is lower then at other companies in the same industry, but good benefits package partly compensates for it. I think it’s more beneficial to join New York Life Investment Management at a senior level versus entry level, since the company does not have a well developed process for promoting entry level analysts.

Cons

Lower salaries compared to industry Tiny yearly salary increases Hard to get promoted High level of bureaucracy, Too conservative

3.0

Nov 3, 2008

Stable, solid and old-fashioned place to work

Senior applications specialist

Recommend

CEO approval

Business Outlook

Pros

Very good benefits; A real old-fashioned pension; Company-wide respect for employees' quality of life; minimal pressure; rarely necessary to work overtime or weekends; free gym on site; free blood tests, cholesterol screening and other health needs available on site; company is stable and appears financially strong and sound; employees are given half-day Fridays in July and August.

Cons

Management tends to stick with the "known" and can be resistant to innovation and change; some employees in management positions appear to have been given promotions solely due to seniority and not for proven competence.

Viewing 5476 - 5478 of 5,497 Reviews

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Jobs at New York Life

Manager, Enrollment Fulfillment Operations

Entry-Level Financial Planner

Senior Associate, Change Management

Short Term Disability Claims Manager

Senior Associate - Data Quality Analyst