If you're goal is to be a Financial Advisor one day, there are much better routes to go and I would not recommend this job AT ALL. Love to speak to fellow agents about their strategies. New York Life provided good opportunities for people who were oriented toward sales. Very hard to build your book of business and you really depend on your friends and family working with you and becoming your clients. Financial Specialist New York Life Insurance Company Edison, New Jersey, United States 1 week ago 44 applicants. Password Show. Working with community organizations, schools … What are the steps along t…, See more New York Life reviews by job title, Career recommendations for Financial Specialist, Explore information on salaries, job satisfaction, skills and more, Popular locations for Financial Specialist in US, Learn about New York Life in popular locations. Bring in as many people as they possibly can, have them sell to all their friends and family, then once they burn through that market if they're not able survive on their own then they have to leave and they'll bring in the next wave of college graduates and the whole process just keeps starting over again. You will get trained with data analyst and collect. You can do as much as you want and there are no cap restrictions. Average salary for New York Life Financial Services Professional in New York City: $53,031. How do you feel about going to work each day at New York Life? Insurance Agent/Financial Specialist with New York Life Insurance Company. 65. A free inside look at company reviews and salaries posted anonymously by employees. I worked at New York Life full-time for more than a year. 3.8 out of 5. Mostly commissioned base which really isn't that bad. Based on 42 salaries posted anonymously by New York Life Financial Services Representative employees in Us. it was great! Conservative 86 %. It is a good place to start your first job. 415 New York Life reviews. Supervisor will guide you how to do research for new york life insurance clients. Job review for life insurance companies New York Life, Mass Mutual, Northeastern Mutual, Omaha Mutual. a client’s life and help them achieve their financial goals, while building a great career for themselves in the . Ted Mathas. 3.7 out of 5 stars. Learn more. Why did you leave your job at New York Life? Average salary for New York Life Financial Services Representative in Us: $37,275. Love your job. A free inside look at company reviews and salaries posted anonymously by employees. Based on 18 salaries posted anonymously by New York Life Financial Services Professional employees in New York … Friendly atmosphere, much training, good management. Group Life and Disability Business Rebranded New York Life Group Benefit Solutions. New York Life has received the highest financial strength ratings currently awarded to any U.S. life insurer by Standard & Poor’s (AA+), A.M. Best (A++), Moody's Investors Service (Aaa), and Fitch (AAA). New York Life Corporate Vice President Jobs, 7 Job Hunting Tips For When Businesses Aren’t Hiring, How to Write a Great Job Application Email, 4 Great Personal Statement Examples for Your CV, 6 Great Jobs You Can Get With the Help of Retraining Courses. What is New York Life sick leave policy? Based on 26 salaries posted anonymously by New York Life Financial Services Professional employees in New York … Find New York Life Financial specialist jobs on Glassdoor. Great resources and training available to new agents with the potential to become a high earner. Approve of CEO. Great training program, Great benefits, Lot's of great peer training. Email or phone. Life insurance can only solve so many problems and isn't a solution for every person/situation out there. Training program. Zero match on it tho and health insurance is insanely expensive. 116 reviews from New York Life employees about working as a Financial Representative at New York Life. New York Life Insurance Overview: Financial Strength, Availability, and History New York Life is available in all 50 states—and Washington D.C.—and has been serving insurance clients since 1845. There are numerous roles and paths here: whether providing protection-based solutions, offering retirement planning and guidance, or mentoring the next generation. Learn about New York Life culture, salaries, benefits, work-life … Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. Get hired. Share your experience. Are you sure you want to replace it? How many vacation days do you get per year? Based on 13 salaries posted anonymously by New York Life Financial Advisor employees in New York City. Sign in to save Financial Services Specialist. New York Life provided good opportunities for people who were oriented toward sales. Nothing I can think of other than agents need to be highly motivated or they will have a great deal of difficulty surviving. This estimate is based upon 12 New York Life Financial Representative salary report(s) provided by employees or … Explore skills and training, pay raises and promotions and management and culture. Explore leadership during COVID-19, working conditions and WFH support. ... New York Life financial specialists are available to determine each individual’s goals and needs. NONE - this job is a con - they will try to get you to hassle your friends and family. Many are very helpful. A typical day includes classes in the morning and sales calls and meetings in the afternoon. training could be much better took me a while to catch on but I did and it was great. Many help their favorites. Email or phone. There are currently no benefit reviews for this company. How many sick days do you get per year? A little good-ol’ boy network, almost entirely men in leadership positions. —30+ days ago The whole culture is all about selling and how to make the most money possible as opposed to what is necessarily the best thing for the client. Theres plenty of activities given for employees. I learned during the short six weeks with New York Life that insurance is NOT the field I would like to pursue a career in for the rest of my life. 3.7. It was the daily practice to generate interest, sales and prospects for insurance business. 124 New York Life Financial Services Professional interview questions and 113 interview reviews. Financial Specialist (Former Employee) - Waltham, MA - January 13, 2019. it was great I worked with very smart people so I learned a lot. How long does it take to get hired from start to finish at New York Life? New York Life reserves the right to amend or terminate any benefit at any time. What is the best part of working at New York Life? A lot of work and no pay if you do not get clients to sign up. This is not just a sales job—it’s a career with purpose and opportunity. They offer excellent compensation for self-motivated persons, but require disclosure of personal relationships. ... You’ll find all that and more as a New York Life Financial Professional. They offer excellent compensation for self-motivated persons, but require disclosure of personal relationships. This includes factors such as … Underwriting process is longer than expected. Our financial professionals are your partners and will guide you through the process and share their knowledge and the product solutions the company has to offer. Are you sure you want to remove this review from being featured for targeted profile? It's a sales position which means that you eat what you kill. We know this is an important step, so our financial professionals will be sure to review your options, answer all your questions, and make sure you are 100% comfortable with every decision you make. Password Show. A free inside look at company reviews and salaries posted anonymously by employees. A free inside look at company reviews and salaries posted anonymously by employees. A stand-by-your-word company. Really just not a good business model. process. The typical New York Life Financial Representative salary is $44,449. Have to make noise to get help you need. How did you feel about telling people you worked at New York Life? 1 Start as a financial specialist and work toward the credentials that qualify you to be a licensed advisor.. 2 After three years of training, our agents become independent life insurance agents so they can be their own boss.. 3 Participation in the pension plan is subject to eligibility requirements. Requires lot of cold calling & success ratio is small. Specialist salaries at New York Life can range from $46,317 - $64,856. 100% Commission Based. Financial Specialist New York Life Insurance Company Saddle Brook, New Jersey 3 minutes ago 55 applicants. The profession is very expensive for one to maintain and sustain. Your response will be removed from the review – this cannot be undone. What drew me into working for NYL was the benefits, the compensation, and the travel opportunities. Working at New York Life was a daily corporate challenge. 90 New York Life reviews. When factoring in bonuses and additional compensation, a Specialist at New York Life can expect to make an average total pay of $55,194 . Glassdoor will not work properly unless browser cookie support is enabled.Learn how to enable cookies. Only way one will succeed here is if you can sell the poo out of life insurance or you have a market that really wants/needs life insurance...even then there are much cheaper companies out there, Definition of "throw you into the fire and see if you survive", very little to no actual help (claim to have an amazing training program but not true), they teach you how to sell their products and how they can be a solution to every single problem out there. You are your own coach, so if you don’t know the right questions to ask, you flail. Our Financial Specialist role has allowed thousands of qualified individuals the opportunity to step into. Financial Services Specialist New York Life Insurance Company Tallahassee, FL ... Sign in to save Financial Services Specialist at New York Life Insurance Company. Top rated company. Good group of people to work with, that's about it. at New York Life Insurance Company. Glassdoor has 3,512 New York Life reviews submitted anonymously by New York Life employees. Diversity Score tracks how positively diverse employees rate their experience at. What is the interview process like at New York Life? Excellent training program. What is the vacation policy like at New York Life? New York Life. Free interview details posted anonymously by New York Life interview candidates. 68 %. New York Life reserves the right to amend or terminate any benefit at any time. Benefits are absolute poo, only good thing is they offer a Roth 401k. It's a glorified pyramid scheme. ... You’ll find all that and more as a New York Life Financial Professional. 8 New York Life Financial specialist jobs, including salaries, reviews, and other job information posted anonymously by New York Life Financial specialist employees. This will replace the current featured review for targeted profile. I have been working at New York Life full-time, I have been working at New York Life full-time for more than a year, Flexible schedule, access to large amount of company Resources, help with meetings from established agents, Hard to maintain consistent name flow, must not be scared to cold call, I have been working at New York Life full-time for more than 3 years, Flexibility, control, learning and experiences. 419 New York Life reviews. The #NYLFoundation will also be matching individual donations made by our employees and agents to support this effort. How Are Businesses Really Treating Employees During COVID-19? Visit PayScale to research New York Life Insurance Company salaries, bonuses, reviews, benefits, and … Read employee reviews and ratings on Glassdoor to decide if New York Life is right for you. It's tough way to make a living and not everyone is well suited for it. Average salary for New York Life Financial Advisor in New York City: $48,561. Competitive pay structure. Get weekly updates, new jobs, and reviews. General manager leaves you behind. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "isFollowing": false, "isEEPActive": false, "isEiHeaderFollowBtnDos2Enabled": true }, - Schwerin, Mecklenburg-Western Pomerania, Current Employee - Financial Professional, Current Employee - Financial Services Professional, Former Employee - Financial Services Professional. Financial Representative salaries at New York Life can range from $19,025 - $121,371. Good for sales. 3.6. ★★★★★. Working as a Financial Specialist at New York Life: Employee Reviews | Indeed.com. They also do not allow you to do AUM unless you've worked there for over 3 years and have sold "x" amount of life insurance, I have been working at New York Life full-time for less than a year. I also heard very positive reviews about the company, and my parents use to have an account with them. What would you suggest New York Life management do to prevent others from leaving? 214 New York Life reviews. Acquisition enhances New York Life’s portfolio of strategic businesses, contributes to financial strength, and increases value for clients, producers, and policy owners. work from home opportunity gave me the work life Balance I needed. At New York Life our financial professionals help families protect their finances, futures, and loved ones. Source: Individual Third-Party Ratings Reports as of 10/15/20 This estimate is based upon 6 New York Life Specialist salary report(s) provided by employees or estimated based upon statistical methods. Great training modules. Updated Feb 23, 2021. What It’s Really Like to Work at Some of the World’s Most Iconic Brands, 8 Companies Offering Seriously Good Financial Benefits, 10 UK Jobs Where You Can Earn More Than £65,000, The 25 Highest Paying Companies in the UK for 2019, 10 Highest Paying Entry-Level Jobs in the UK, The Best Questions to Ask at an Interview, According to a Hiring Manager, 5 Keys to Preparing for a Competency-Based Interview, "Great company to work for and been around long time". New York Life Financial Services Professional Reviews. came in view all items needed to be done. 1 Start as a financial specialist and work toward the credentials that qualify you to be a licensed advisor.. 2 After three years of training, our agents become independent life insurance agents so they can be their own boss.. 3 Participation in the pension plan is subject to eligibility requirements. Scam alert predatory companies. Recommend to a Friend. Snapshot. New York Life Review. ... Get email updates for new Financial Services Professional jobs in New York, NY. We're donating to Feeding Texas to support the immediate food shortage needs in the most vulnerable communities affected by last month's devastating winter storm. How did you get your first interview at New York Life? Help people considering your employer. Average salary for New York Life Financial Services Professional in New York City: $50,645. all New York Life reviews in United States. Happiness rating is 65 out of 100. The average salary for New York Life Insurance Company employees is $74,983 per year.