Vlog #22: Career with New York Life Insurance Co

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Considering a career change. Possibly going to go with New York Life. Insurance sales is a lot different and that is kind of exciting.
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I accepted a job with NYL and got the whole breakdown of pay, How their first policy holder was General Custer, the history, etc. Sounded great. I asked, how do you generate leads. The Managing partner said thats a good question. I knew it was bad right there. Anyway, I accepted cause you never know, was shown to a cube and said here's your phone, start contacting friends and family. I overheard a girl in the next cube talking about how she had not made a cent in 2 months. Anyway, my friends and family have iinsurance and they are very comfortable with what they have. I didn't feel right asking them to do it just because its me. After I go through friends and family, what do I do now.? I stayed about a week and left. If you're 22ish, have young friends with their lives ahead of them and no plan, ok, but not for anybody over 30 to get started in this business with any company. Hard, hard, hard to get possible clients without just picking up and cold calling and that's not me.

theknowitall
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They just reached out to me for an interview. Also another insurance company did years ago and I can’t recall the name unfortunately but they told me they paid hourly along with bonuses and incentives. However after I accepted the job they explained it wasn’t hourly no guaranteed pay and I was required to work at least 8 hours a day 5/6 days a week with no pay unless I sign up the leads

makeyourmark
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I have a interview with them but they said that the leads call in interested and the agents call clients to set up appointments. It was never stated that i have to get leads on my own. Maybe it changed

lajayymonroe
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Hi. How did it all end up with New York life? I’m curious because I am now filling out the application, also wondering if they do a hard or soft credit check? Thanks again.

darryl
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I need hourly plus commission..i am really good at sales.. but I just don't trust myself enough to just base my career on commission only. Because if you don't sell any day you don't get paid. I have too many bills to pay to not have money.

AmandaAllen-cq
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What are your thoughts now? How was the training?

min.a.t.simmons
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Where are you licensed? We are expanding nationwide and seeking agents who'd fit our requirements to start at a minimum 100% comp, vested renewals from day one, are okay with being non-captive, and provided leads of people who are asking for life insurance. If there’s any interest let me know.

jordanpryor
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How fast working here as a financial advisor can we start getting sponsored for series 7 exam?? Does anyone know? I don't want to be here waiting months if not years before being sponsored.

hatersgotohell
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Hey! Are you still in the insurance industry? With NY Life, Is it true that you have to solicit your inner circle to sell Insurance?

How's the training? Just online or like a boot camp?

Do they require additional licenses besides Life? Do you have to get non-resident licenses?

Thanks man.

vertigohan
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Hi brother, how i can get a job in NYL. Please say i have knowledge on life insurance

franklinmoore
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I got job interview for financial advisor at New York’s life. The way they generate leads turned me off

Gnosis