4.0
7 Mar 2011
Anonymous employee
Current employee
Recommend
CEO approval
Business outlook
Pros
Unlimited income potential One of the strongest and most admired insurance companies around Fastest underwriting I've ever dealt with
Cons
Ridiculous regulations that have little to do with common sense compliance issues It's pitched like you own your own business, but you don't. You're still subject to all sorts of regulations, and if you leave, you no longer get any trailing commissions on all your work. This is something your management doesn't want you to know: you can broker New York Life products (annuities, EVEN life insurance) through certain brokerage agreements. So why deal with all their rules and regulations when you can just broker?