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Employee reviews at New York Life Insurance Company

New York Life Insurance Company

3.5
 
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Employee Reviews
(Winged ratings measure job satisfaction on scale of 1 to 5)
Anonymous Review Image
"There aren't as many women in leadership positions as I would like but I can see that changing."
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Yes"
One thing New York Life Insurance Company can improve?
"Improve my benefits (e.g. medical, maternity)"
Level of Flexibility
1
2
3
4
5
"This is highly dependent on the manager and department. Some roles have the ability to be more flexible than others and some managers are more comfortable with remote/flex time workers than others."
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Strong parental leave program with up to 6 months for women. Some groups are good about working from home and more flexible hours but this can vary greatly across the company. That being said there are a lot of diversity programs and group a that are great throughout the company."
Overall Job Satisfaction:
5.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Yes"
One thing New York Life Insurance Company can improve?
"Improve work-life balance and policies (e.g. flex-time, limit face time)"
Position or Department
CVP & Actuary, Finance
Recent Salary
>$150k
Recent Bonus
$50k-$100k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Policies
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"its really hard work if you don't know many people. A cold calling is a hard job"
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Yes"
One thing New York Life Insurance Company can improve?
"Other"
Recent Salary
$0-$25k
Recent Bonus
$0
Level of Flexibility
1
2
3
4
5
"no"
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Great place, women are treated fairly and equally to men."
Overall Job Satisfaction:
5.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Yes"
One thing New York Life Insurance Company can improve?
"Improve my compensation"
Position or Department
Sales
Recent Salary
$80k-$100k
Recent Bonus
$0-$10k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"No"
"Does anyone know the waiting period be eligible for the company's maternity leave policy?"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Ask for what you want. Most managers are accommodating. overall, it's a good company."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Yes"
One thing New York Life Insurance Company can improve?
"Improve my compensation"
Recent Salary
$80k-$100k
Recent Bonus
$0-$10k
Level of Flexibility
1
2
3
4
5
"Really good flexibility depends on your department. Usually it's better if a woman is managing said department."
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"Yes"
8 Weeks Paid | 16 Weeks Unpaid
Would you recommend New York Life Insurance Company to other women?
"Yes"

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Anonymous Review Image
"New York Life claims to be a trusted company. It is not. I whistle blew and was let go. The senior management is mostly men and they look down on women."
Overall Job Satisfaction:
1.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"No"
One thing New York Life Insurance Company can improve?
"Promote more women into leadership positions"
Position or Department
President, Marketing
Recent Salary
>$150k
Recent Bonus
$50k-$100k
Level of Flexibility
1
2
3
4
5
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"No"

Want to  

Anonymous Review Image
"After working in financial services for over a decade, I left to raise my kids. When I returned to the workforce 9 years ago, I chose New York Life, and I am really happy I did. The company has a very balanced approach to enabling employees to do their best work by recognizing and supporting their commitments outside the workplace. Many of the working parents I know work really hard while at work, but are given latitude to have a life outside the office. In addition to the rich benefits they provide (on-site child care, maternity, paternity, adoption leave) there is a strong culture that recognizes the importance of work life balance."
Overall Job Satisfaction:
5.0
Are women & men treated equally?
"Yes"
One thing New York Life Insurance Company can improve?
"Promote more women into leadership positions"
Position or Department
Vice President (VP), Corporate Communications
Recent Salary
>$150k
Recent Bonus
>$100k
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Paid parental leave - 10 weeks paid for birth moms, 4 weeks for partners, and allowed to take a total of 6 months off before returning to work. Also provide benefits to help with the cost of adoption. "
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
One thing New York Life Insurance Company can improve?
"Promote more women into leadership positions"
Recent Salary
>$150k
Recent Bonus
$20k-$50k
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Not many women in senior positions. I've seen many more high profile female executive hires exit the company than men. Very focused on hiring Millennials."
Overall Job Satisfaction:
1.0
Are women & men treated equally?
"No"
One thing New York Life Insurance Company can improve?
"Other"
Position or Department
Cvp
Recent Salary
$100k-$150k
Recent Bonus
$20k-$50k
Work-Life Friendly Attributes:
Hours
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"No"

Want to  

Anonymous Review Image
"Collegial, family oriented environment for the most part. Company says all the right things. But, the executive ranks still a boy's club and navigating the political landscape is challenging"
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"No"
One thing New York Life Insurance Company can improve?
"Promote more women into leadership positions"
Position or Department
Vice President (VP)
Recent Salary
>$150k
Recent Bonus
>$100k
Work-Life Friendly Attributes:
Policies, Culture, Hours
Did you take Maternity leave?
"Yes"
8 Weeks Paid | 8 Weeks Unpaid
Would you recommend New York Life Insurance Company to other women?
"Maybe"

Want to  

Anonymous Review Image
"NYL is hierarchal and male dominated under a facade of 'nice' and 'good.' There are a handful of female executives leading traditionally female departments such as marketing and hr. These women are held-up repeatedly as examples of the 'female friendly culture.' It's not genuinely female friendly or progressive. If you have not grown-up in insurance, I wouldn't consider NYL unless you absolutely need a job and even then dig deep and do your research before interviewing."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
Recent Salary
>$150k
Recent Bonus
$20k-$50k
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Maybe"

Want to  

Anonymous Review Image
"Great culture of work/life balance. Most managers are flexible about work from home, which can effectively extend maternity leave. There is an onsite health center which has a room where you can pump breastmilk. There is an onsite child-care center, but it is a backup center, so you can only use it 30 days a year and there are some rules on how many consecutive days. But it's still a lifesaver. My manager is a woman, and I've met many other female managers. And every woman I've met has kids, usually 2-3. So they must be doing something to accommodate maternity leave (I haven't had a child during the time I've worked here, so I have no direct experience with the maternity leave)."
Overall Job Satisfaction:
5.0
Are women & men treated equally?
"Yes"
Position or Department
Data Scientist, Corporate Strategy
Recent Salary
$100k-$150k
Recent Bonus
$10k-$20k
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"The company has a great maternity leave policy that allows moms to take up to 6 months to bond with the baby. Although after the 8 or 10 paid weeks, the remaining time is unpaid, it is still available and that is important. The company has been good to me in the last 15 years however not all departments have the same culture that I have experienced where family is a priority for your boss as well as it is for you. The only negative I can complain about is the politics that seem to be such a twisted game that always seem to creep into the decision making process and waste a lot of precious time where we can be getting more important things accomplished."
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Recent Salary
$100k-$150k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"Yes"
8 Weeks Paid | 12 Weeks Unpaid
Would you recommend New York Life Insurance Company to other women?
"Yes"

Want to  

Anonymous Review Image
"Not equal treatment."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
Recent Salary
$25k-$50k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"No"
Would you recommend New York Life Insurance Company to other women?
"No"

Want to  

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