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Updated April 5, 2024

Average New York Life Insurance salary in Minnesota

$72,588

$34.90 hourly

Entry-level New York Life Insurance salary in Minnesota

$44,000 yearly

How much does New York Life Insurance pay in Minnesota?

The average New York Life Insurance salary in Minnesota is $72,588. New York Life Insurance salaries range between $44,000 to $117,000 per year in Minnesota. New York Life Insurance Minnesota based pay is higher than New York Life Insurance's United States average salary of $62,004. The best-paying job in Minnesota at New York Life Insurance is finance service sales agent, which pays an average of $188,513 annually.

New York Life Insurance salaries in Minnesota by job title

New York Life Insurance’s highest-paying job in Minnesota is finance service sales agent, with an average salary of $188,513. In second place is chief information officer, which pays $164,774 annually in Minnesota.

Highest paying jobs at New York Life Insurance in Minnesota

RankJob titleAverage New York Life Insurance salaryHourly pay
1Finance Service Sales Agent$188,513$91
2Chief Information Officer$164,774$79
3Vice President Information Systems$151,624$73
4Senior Vice President Of Marketing$150,106$72
5Vice President Of Information Technology$143,840$69
6Application Development Director$136,883$66
7Information Technology Director$133,845$64
8Finance Agent$128,044$62
9Marketing Director$126,206$61
10Vice President Of Application Development$123,996$60

Highest paying cities in Minnesota for New York Life Insurance

The highest paying cities in Minnesota for New York Life Insurance employees are Minneapolis, Edina, and Alexandria.

New York Life Insurance workers in Minneapolis earn an average salary of $72,524 a year, compared to Edina with an average salary of $72,511 and Alexandria with an average salary of $72,287.

Highest paying cities in Minnesota at New York Life Insurance

RankCityAverage New York Life Insurance salaryHourly pay
1Minneapolis, MN$72,524$35
2Edina, MN$72,511$35
3Alexandria, MN$72,287$35
4Moorhead, MN$72,070$35
5Dilworth, MN$72,070$35

New York Life Insurance salaries in Minnesota by department

The departments with the highest salaries for New York Life Insurance employees in Minnesota are Engineering, Accounting, and IT.

Minnesota New York Life Insurance employees in the Engineering department earn an average salary of $93,236 a year, compared to an average salary of $90,538 in the Accounting department and $87,864 in the IT department.

Highest paying departments at New York Life Insurance in Minnesota

RankDepartmentAverage New York Life Insurance salaryHourly pay
1Engineering$93,236$45
2Accounting$90,538$44
3IT$87,864$42
4Sales$80,469$39
5Marketing$75,921$37
6Finance$69,152$33
7Human Resources$58,437$28
8Administrative$48,225$23
9Customer Service$43,216$21

How much does New York Life Insurance pay by state

New York Life Insurance pays the highest salaries in New York ($87,045), Massachusetts ($79,227), District of Columbia ($76,879), New Jersey ($72,682), and Minnesota ($72,588).

Minnesota is the #5 highest paid state at New York Life Insurance.

Highest paying states at New York Life Insurance

New York Life Insurance competitors salaries in Minnesota

The highest paying New York Life Insurance competitor in Minnesota is Morgan Stanley. The average salary at Morgan Stanley in Minnesota is $188,513. The lowest paying New York Life Insurance competitor in Minnesota is Prudential Retirement Insurance And Annuity Co.
RankCompany nameAverage pay in MinnesotaHourly pay
1Morgan Stanley$94,475$45
2Piper Jaffray$74,418$36
3Federal Deposit Insurance$73,167$35
4Citi$71,287$34
5MassMutual$70,630$34
6American Income Life Insurance$67,887$33
7Equitable Holdings$65,332$31
8Western & Southern Financial Group$64,568$31
9Mutual of Omaha$63,567$31
10Prudential Retirement Insurance And Annuity Co$63,102$30

Recently added New York Life Insurance salaries in Minnesota

JobLocationDate addedSalary
Manager, Program ManagementEdina, MN03/24/2025$66,560
Manager, Program ManagementEdina, MN02/17/2025$66,560
Manager, Program ManagementEdina, MN01/28/2025$66,560
Sales Management ConsultantMoorhead, MN01/08/2025$70,000

Frequently asked questions about New York Life Insurance pay in Minnesota

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