How much do New York Life Insurance Agents Make?

How much do New York Life Insurance Agents Make?

New York Life Insurance Company Jobs by Salary

Job Title Range Average
Life Insurance Agent Range:$28k – $93k Average:$50,576
Insurance Agent Range:$32k – $85k Average:$50,094
Senior Customer Service Representative (CSR) Range:$34k – $71k Average:$48,094
Data Analyst Range:$56k – $101k Average:$75,787

Does New York Life require a degree?

Requirements: We require highly motivated individuals who are willing to invest their time and energy into creating profitable and rewarding careers. We have a preference for individuals who are bi- or tri-lingual, as well as those with a 4-year college degree (not necessarily in business, marketing or insurance).

How long does it take to become a New York Life agent?

You’ll receive a full introduction to products and selling skills, including how to develop your client base. After an initial six months of sales training, you’ll spend two years in the Associate Program, an intensive experience that’s focused on life insurance marketing, product selling, and technical knowledge.

What do you do as a New York Life agent?

New York life agents are trained to assess personal needs and objectives. A simple evaluation can help make sure you and your eligible employees have enough protection in individually owned life insurance, individual long-term care insurance, retirement strategies, and educational funding to meet your financial goals.

Is it worth working for New York Life?

New York Life was a very good experience, well organized, professional and employees were treated fairly and professionally. Highly professional with excellent training and opportunity. Excellent company which offers career growth & development. Great pay, work life balance, mentoring, networking, focus on moral.

Does New York Life pay for training?

No base pay, and there’s no paid training You need to make some sales and then they give.

Is New York Life Commission based?

Your compensation is based on commissions. That means, that your income is driven by every client who purchases a product from you. More than your typical commission. But, at New York Life, our business depends on maintaining long-term relationships with our clients.

Is New York Life Insurance a pyramid scheme?

New York Life is one of the most respected insurance providers in the country and the largest mutual life insurance provider anywhere. It’s renowned not only for its policies but its employee training services. It’s not a scam or pyramid scheme.

Is New York Life a reputable company?

Ranked #11 in Best Life Insurance Companies of 2021 New York Life ranks no. 11 on our Best Life Insurance ranking. It offers term, whole, universal, and variable universal life insurance policies to its customers.

Does New York Life Insurance hire felons?

However, from what we have seen in our research, it doesn’t appear that someone can work at New York Life Insurance with a felony. Since New York Life doesn’t hire felons, where else can I work? Just because you are unable to work at New York Life Insurance with a felony, doesn’t mean that there is nowhere else to work. In fact, we’ve taken the time to compile a list of over a hundred really large companies that actually do hire felons.

How much does New York life pay?

NEW YORK, November 15, 2018-New York Life, America’s largest mutual life insurer, today announced that the company expects to pay eligible participating policy owners a record dividend payout of $1.8 billion in 2019.

What kind of a company is New York Life?

A mutual insurance company, New York Life is owned by its policyholders and has no outside shareholders. As a mutual, New York Life distributes a portion of its earnings to eligible policyholders as annual dividends.

What is New York Life phone number?

Useful Contact Numbers and Info. New York Life Insurance Phone Number: (800) 225-5695. Contact Phone Number: As Above. New York Life Insurance Contact Number: 212-576-7000. Resetting your password, Account Login / Sign up Trouble: 888-695-4748.