I have interviewed with New York Life for the position of an Insurance Agent/Financial Planning Advisor. I havent been informed of any base salary yet. I understand that most Insurance companies like Bankers give only commissions. I am not sure about this one. Also, If someone can let me know how New York Life and Bankers are in comparison with each other as employers cause I have an offer from Bankers also.
2006-08-13 18:05:46 · 3 answers · asked by gia 1 in Business & Finance ➔ Careers & Employment
NYLife is a straight commission job (as are almost all insurance agent positions). How are they as an employer? They have a VERY high turnover rate, especially as most people can not afford to go 6 to 8 months with no income at all... which is the average time spent before the first commission check arrives.
Hope this helps!
2006-08-15 04:33:02 · answer #1 · answered by extremenerd 7 · 0⤊ 1⤋
This Site Might Help You.
RE:
How is New York Life as an employer? Do they give base salary with commission?
I have interviewed with New York Life for the position of an Insurance Agent/Financial Planning Advisor. I havent been informed of any base salary yet. I understand that most Insurance companies like Bankers give only commissions. I am not sure about this one. Also, If someone can let me know how...
2015-08-06 11:53:58 · answer #2 · answered by Davin 1 · 0⤊ 0⤋
New York Life Agent Salary
2016-11-01 08:25:13 · answer #3 · answered by ? 4 · 0⤊ 0⤋