Anyone Work Or Worked With New York Life Insurance?
Posted July 12, 2010 – 10:25 pm in: structured settlements FAQWhat is the culture there? Selection process? Do they sponsor for the series 7 & 66? Pay, training,ect?
Tags: Anyone, Insurance, Life, With, Work, Worked, York
One Comment
Pros – training is generally good, they will pay for 7 and 66, but that is about it.
Culture? What culture? They are out there to squeeze every dollar out of you working your “natural market” if you don’t hit the road running selling the quota you are history. Six months is your make it or break it window, although, they can get rid of you any time after as well and keep your business. So if you want to get your feet wet in the industry and get securities license at their expense, go for it. Compensation depends on your production. They have been sued for ripping off Agents 3 years ago and settled, so they may have changed things since, but only cosmetically, I am sure. Just another rotten company, unfortunately, like many others in this business, in spite of their reputation. In my region the turn over was 94% among Agents.