New York Life Salary

As of August 2026, the average annual salary for employees at New York Life in the United States is $119,523. This translates to an approximate hourly wage of $57. Salaries at New York Life typically range from $106,997 to $135,723 annually, reflecting the diverse roles and experience levels within the company.

How Much Does New York Life Pay for Different Roles?

Explore detailed salary information for specific jobs at New York Life. Based on our data, the highest paying job is the Director of Web Experience, with an annual salary of $201,588. The table below outlines the annual salary ranges for most popular roles within the company.

Account Executive

$110,009 / year

Salary Range: $93,784 - $128,281

Account Management III

Associate Partner / Fast Track Management

$88,301 / year

Salary Range: $77,007 - $100,828

Technical Sales

Director of Recruiting

$89,250 / year

Salary Range: $78,660 - $99,667

Design

Director of Recruiting (Remote)

$150,751 / year

Salary Range: $133,071 - $172,736

Sales

Director of Web Experience

$201,588 / year

Salary Range: $181,185 - $223,006

Product Management

Entry Level Financial Professional

$57,569 / year

Salary Range: $48,688 - $67,279

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at New York Life.
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About New York Life: Company Profile

Website
Data pending, update soon.
Founded In
2018
Employees
500 - 1,000 employees
Industry
Insurance
Headquarter Location
LIVINGSTON
Revenue
$5B - $10B
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into New York Life's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This insurance company stands out due to its employee-centric policies. Office facilities are well-maintained, and remote work options exist. The team atmosphere is collaborative, and managers are open to feedback. The insurance knowledge gained here is valuable for long-term career growth. The benefits package, including health insurance and retirement plans, is competitive.
The compensation is fair, though bonuses could be more frequent. Team-building activities are organized quarterly, fostering strong relationships. Benefits are standard but reliable. I’ve had a great experience working here—leadership genuinely cares about employee well-being. The team feels like a family. The workload is manageable, and colleagues are cooperative. The company maintains a good rep...
Training programs are thorough, helping employees stay updated in the insurance field. Compensation is fair, and the benefits package is strong. Flexible work arrangements are available, which is a huge benefit. The insurance products are top-quality, making client interactions fulfilling. It’s a forward-thinking employer in the insurance space.

Is New York Life’s Pay Competitive? Salary Benchmarking Analysis

How does New York Life's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
NAEF'S PERFORMANCE $46,387
-61.2%
NAEF'S PERFORMANCE operates with a leaner overhead structure, impacting base wage offers.
N T VINCENT INSURANCE $81,749
-31.6%
N T VINCENT INSURANCE may offer non-monetary perks in lieu of competitive base salaries.
N&C CLAIMS SERVICE INC $86,656
-27.5%
N&C CLAIMS SERVICE INC focuses strategically on recruiting and training entry-level apprentices.
N5R $73,493
-38.5%
Normalized for lower cost-of-living zones where N5R primarily operates.
Insurance Industry $123,858
+3.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at New York Life.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from New York Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of New York Life salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About New York Life

FAQ 1: What is the average salary for employees at New York Life?
The average annual total compensation for employees at New York Life is approximately $119,523. However, this is an aggregate figure, actual salaries can range significantly, typically from $106,997 to $135,723, depending on factors like job role, experience, and location.
FAQ 2: How much does New York Life pay compared to NAEF'S PERFORMANCE?
The average annual salary at New York Life is $119,523, or an hourly wage of $57, in comparison to NAEF'S PERFORMANCE which pays $46,386 per year or $22 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at New York Life?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at New York Life for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does New York Life offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?
While some companies offer formal COLA, many, including potentially New York Life, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at New York Life?
Most companies, likely including New York Life, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.