Agent Benefits

Find Your Inner Leader

Our mentor programs can guide you to success, no matter the goals you choose to pursue.

Learn and Grow

We offer career-long development, including six programs specifically for agents just starting out.

Get What You Need

Competitive benefits and compensation provide direct rewards for your achievements.

When individuals succeed, we succeed as a team.
And from there we keep building a workplace of leaders.

That’s why it’s always been important to us to invest in a wide variety of learning and development tools. Whether the path you follow at New York Life is that of an agent or a corporate employee, we’re here to support you in realizing your highest potential.


Best-in-class training for first-class agents

We are proud to have some of the best-trained and most successful agents in the industry. How are we able to foster so much talent? Through programs like these:

NYLIC University

NYLIC University is a unique and comprehensive agent-training program designed to offer agents educational support throughout their careers. We consider it the backbone of our entire agency system because, on top of providing skills and education, the program helps agents apply what they learn to real work scenarios.

Mentoring Program

In addition to formal training, we encourage both experienced and newer agents to work together in mentoring relationships, either informally or through the Million Dollar Round Table Mentoring Program. In fact, we believe in the program so strongly that we incent our agents to take advantage of this opportunity. The MDRT is one of the most prestigious national and international organizations in the insurance industry.

Professional Designations

We encourage agents to pursue professional designations and offer tuition reimbursement for courses that help attain the following designations:

  • Chartered Life Underwriter® (CLU®)
  • Chartered Financial Consultant®(ChFC®)
  • Masters of Science in Financial Services® (MSFS®)
  • Chartered Leadership Fellow® (CLF®)

We're serious about development. For everyone

With the talent to be found in every department of our organization, you’ll have quite a standard to live up to. But we’re committed to your success at every turn—and you’ll never go it alone.

Leadership enrichment

Corporate employees have access to classroom and online workshops to exercise their leadership skills and continue improving, at every level. Whether you’re an industry professional or new to our business, we believe everyone can learn and experience more. Bring your ambition and initiative, and we’ll help you get what you need to grow.

Actuarial training

Our full-time Actuarial Development Program emphasizes hands-on experience through challenging job rotations, significant exam support, mentorship, networking opportunities, and exposure to real-world business challenges.

Employee resource group

Created by and for employees representing unique cultures, experiences, and backgrounds, these seven groups do much more than raise awareness of diversity & inclusion. Throughout the year, these groups coordinate professional and personal development seminars and workshops, conduct networking events, host special guest speakers, raise funds for worthy causes, and mentor colleagues.


Our agents and employees are dedicated to helping clients protect those they love, prepare for the future, and enjoy greater peace of mind. Likewise, we believe in doing the same for our own people.


As an agent, you’ll determine your success by the work you put in, and compensation rises with sales potential. Along the way, we are pleased to offer a comprehensive package of benefits to support your future. The following is a brief overview of the total compensation package for our full-time career agents. Our managers will discuss your options in more detail with you during the interview process:

  • A choice of four medical options
  • Group Term Life Insurance
  • AD&D
  • Long-Term Disability
  • Dental
  • Health Care Spending Account
  • NYLIC Retirement Plan
  • 401(k) savings plan
  • Corporate Employees

We also offer a full package of valuable benefits for corporate employees, including:

  • Medical
  • Dental
  • Flexible spending accounts (for healthcare and dependent care)
  • 401(k) savings plan
  • Pension
  • Income protection
    • Life insurance (for you and your dependents)
    • Accidental death and dismemberment insurance
    • Long-term disability insurance
  • Paid holidays and vacation
  • Commuter benefits
  • Educational assistance
  • Legal services
  • Adoption assistance
  • Backup child care
  • Work-life resources
  • Leave programs and time-off
  • Dining facilities, fitness centers, and medical facilities at some locations

Equal Opportunity Employer M/F/D/V/SO