New York Life Insurance Company Salaries

3 total salary submissions
Avg. Hours Worked (72%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

46.8
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (84%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

2.7
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average New York Life Insurance Company Salary

3.2
Total Median Pay
$313,000
Median Base Pay
$188,000
Median Bonus Pay
$125,000

How much does New York Life Insurance Company pay?

Base range:
$160,000 - $200,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$50,000 - $200,000

New York Life Insurance Company pays an average salary of $188,000 per year. This base compensation is the equivalent of $94 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at New York Life Insurance Company based on our data is actually 47 hours, which would bring down the true effective hourly rate to $83 on average. If you include the average bonus of $125,000, then the total average pay at New York Life Insurance Company would be $313,000 per year or $139 per hour at the 47 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. New York Life Insurance Company pays the highest-paid employees over $182,000 a year, while the lowest-paid employees are paid less than $60,000. New York Life Insurance Company employees in different groups or divisions tend to have different salaries as well.For example, employees in the Real Estate sector earn an average yearly salary of $111,500.While employees in the Insurance sector earn an average yearly salary of $78,000.

New York Life Insurance Company Salaries

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Highest Paying Jobs at New York Life Insurance Company

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Director
Year 2015
Job Title Director
Group/Division Investment Research
Location new york
Pay Rate/Type
Bonus
3rd+ Year Associate
Year 2018
Job Title 3rd+ Year Associate
Group/Division Structured Products
Location New York
Pay Rate/Type
Bonus
Director
Year 2022
Job Title Director
Group/Division Corporate Finance
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2021
Job Title 2nd Year Associate
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
3rd+ Year Associate
Year 2011
Job Title 3rd+ Year Associate
Group/Division Investments
Location New York
Pay Rate/Type
Bonus
Assistant Vice President
Year 2013
Job Title Assistant Vice President
Group/Division Insurance
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2020
Job Title 2nd Year Associate
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2018
Job Title 2nd Year Associate
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2012
Job Title 2nd Year Associate
Group/Division Capital Markets
Location Chicago
Pay Rate/Type
Bonus
Investment Analyst
Year 2023
Job Title Investment Analyst
Group/Division Risk
Location New York
Pay Rate/Type
Bonus

Average Pay by City for New York Life Insurance Company

Below we use 3 salary submissions to order the is the total average compensation by city for New York Life Insurance Company. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $97,500.

Salaries by Location at New York Life Insurance Company

Rank
City
Total pay Range
Range of $/hr
New York
Rank 1
City New York
Total pay Range $60,000 - $140,000
Range of $/hr $30/hr - $70/hr

New York Life Insurance Company Salaries by Department

Salaries at New York Life Insurance Company depend on the group, division, department or function. Employees who work in the Real Estate group tend to get paid the most at at New York Life Insurance Company, earning an average yearly salary of $111,500. Employees in the Asset Management receive relatively high salaries as well, where wages average $78,000 per year. A division that does not pay as well at New York Life Insurance Company includes the Insurance group, with employees earning $78,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Real Estate
Rank 1
Department Real Estate
Average Pay $111,500
Average Hourly Pay $56/hr
Asset Management
Rank 2
Department Asset Management
Average Pay $78,000
Average Hourly Pay $39/hr
Insurance
Rank 3
Department Insurance
Average Pay $78,000
Average Hourly Pay $39/hr

Recently Added New York Life Insurance Company Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Investment Analyst
Year 2023
Job Title Investment Analyst
Group/Division Risk
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2022
Job Title 2nd Year Associate
Group/Division N/A
Location New York
Pay Rate/Type
Bonus
Director
Year 2022
Job Title Director
Group/Division Corporate Finance
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2020
Job Title 2nd Year Associate
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
1st Year Associate
Year 2020
Job Title 1st Year Associate
Group/Division Asset Management
Location New York
Pay Rate/Type
Bonus