Updated August 22, 2022

Average Insurance Agent Salary At New York Life Insurance

$67,507

$32.46 hourly

Entry level Salary
$43,000 yearly

How Much Does New York Life Insurance Pay Insurance Agents?

New York Life Insurance pays Insurance Agents $67,507 per year on average. This is 29% more than the national average salary for Insurance Agents. Insurance Agents make $51,936 per year on average, or $24.97 per hour, in the United States. Insurance Agents on the lower end of that spectrum, the bottom 10% to be exact, make roughly $43,000 a year, while the top 10% make $103,000.

Location impacts how much an insurance agent can expect to make. Insurance Agents make the most at New York Life Insurance in New York, NY, Spokane, WA and Jersey City, NJ.

How Much Does New York Life Insurance Pay Insurance Agents By Location?

If you want to get paid the most as a Insurance Agent at New York Life Insurance, New York, Spokane and Denver are the best options, as they are the highest-paying cities in this company. Additionally, cities like Jersey City and Milwaukee also report highly competitive salaries for Insurance Agents at New York Life Insurance.

Insurance Agent Salaries By Location At New York Life Insurance

RankCityAvg. SalaryHourly Rate
1New York, NY$101,203$48.66
2Spokane, WA$100,993$48.55
3Denver, CO$91,233$43.86
4Jersey City, NJ$89,423$42.99
5Milwaukee, WI$86,320$41.50
6Norwalk, CT$84,818$40.78
7Chicago, IL$83,531$40.16
8Raleigh, NC$81,774$39.31
9Fargo, ND$78,411$37.70
10Dallas, TX$78,190$37.59

Which New York Life Insurance competitors pay insurance agents the most?

If you want to compare the insurance agents salaries between New York Life Insurance and some similar companies, being employed by a company such as Citi or Aflac would be a smart choice, as they are the highest-paying companies in this field. Additionally, companies like Aetna and Mutual of Omaha also report highly competitive salaries for insurance agents.
RankCompanyAverage SalaryHourly RateJob Openings
1Citi$108,340$524
2Morgan Stanley$96,014$46-
3Aflac$78,524$382
4Aetna$76,103$371
5Mutual of Omaha$74,843$36862
6Northwestern Mutual$65,078$311
7M&T Bank$61,231$291
8Equitable Holdings$61,032$29-
9Prudential Retirement Insurance And Annuity Co$60,352$29-
10Prudential Financial$59,845$291
11MassMutual$58,129$281
12Western & Southern Financial Group$56,724$27-
13American Income Life Insurance$55,264$27221
14Piper Jaffray$53,961$26-
15Transamerica Corporation$51,706$25-
16Bankers Life Insurance Company$48,454$23417
17American Family Insurance$47,921$2317
18MetLife$46,881$231
19Federal Deposit Insurance$40,762$20-
20Farmers Insurance$37,835$18182

Highest paid Insurance Agent jobs at New York Life Insurance

RankJob TitleAverage SalaryHourly RateJob Openings
1Sales Producer$130,640$63-
2Insurance Broker$97,721$47-
3Insurance Counselor$91,889$44-
4Sales Agent$80,044$38-
5Insurance Consultant$79,387$38-
6Insurance Adviser$78,821$38-
7Licensed Insurance Producer$76,770$37-
8Insurance Agent/Office Manager$76,221$37-
9Enrolled Agent$75,359$36-
10District Agent$75,059$36-

Frequently asked questions about New York Life Insurance Insurance Agent salaries.

How Much Does New York Life Insurance Pay Insurance Agents An Hour?

New York Life Insurance pays insurance agents $25 an hour, on average.

What Is The Starting Pay For A Insurance Agent At New York Life Insurance?

The starting pay for a Insurance Agent at New York Life Insurance is $30,000 per year, or $14 an hour.

How Much Does New York Life Insurance Pay Compared To Citi?

New York Life Insurance pays $51,936 per year on average compared to Citi, which pays $108,340. That works out to $25 per hour at New York Life Insurance, compared to $52 per hour at Citi.

Search For Insurance Agent Jobs