Our enduring financial strength gives you peace of mind
At the heart of New York Life is a commitment to be there for our customers when they need us-whether today or decades into the future. We have delivered on that promise for nearly 175 years by investing wisely, growing a diversified mix of businesses, and remaining true to our mission as a mutual company, accountable only to our customers, not to outside investors. Today, no U.S. life insurer has a higher financial strength rating than New York Life.1 For our customers, that means promises kept, and peace of mind for the millions of families and businesses who rely on us.
Delivering value to our customers
#1
in financial strength1
$10.6B
in benefits and dividends paid in 2017*
$24B+
surplus—an all time high—which allows us to be there when you need us most2
Review our performance.
As a mutual company, we are accountable only to you.
That means we are fully aligned with our policy owners, not with outside investors or Wall Street. This allows us to focus on delivering lifelong value to our customers, including sharing our success with eligible policy owners through nonguaranteed dividends, which we've paid for 164 consecutive years.
Watch below to hear Ted, Chairman of the Board and Chief Executive Officer, talk about mutuality.
What mutuality means for you
We’re focused on the long term, and our interests are always aligned with those of our policy owners
Our financial strength provides peace of mind now and in the future
Since 1854, we’ve paid dividends every year
We’ve been meeting our obligations for 170+ years, in good times and bad
Serving local communities, making a national impact.
The history of New York Life is about being there when we are needed, for our customers and for the thousands of communities where we work and live. Our agents and employees contributed over 136,500 hours of volunteer work and millions of dollars in donations in 2018 alone. The New York Life Foundation has contributed over $250 million since its founding in 1979, with a focus on helping children who have suffered the loss of a loved one, and on educational enhancement.
The selfless actions of our people reflect our value of humanity, and our shared belief that New York Life not only has the ability—but also the responsibility—to help people in the communities where we live and work.
Heather Nesle, President, New York Life Foundation
Building a caring and committed workforce.
People come to work at New York Life to contribute to the financial goals of millions of families and businesses each day. We have a diverse, nationwide workforce that allows us to support the communities where we work. Our purpose-driven mind-set has attracted people who want to do good and has resulted in great success for our company and customers.
Leading the way in diversity and inclusion.
Our workforce thrives on its diversity.
- 54% of the workforce are women
- 40% of the workforce are people of color
- Seven employee resource groups
We’re proud to be recognized by organizations that also value diversity.
- Forbes 2019 America's Best Employers for Diversity
- DiversityInc 2018 Top 50 Companies for Diversity
- NAFE 2018 Top 70 Companies for Executive Women
Join our team
See open positions on our Careers page.
Learn more
It's always useful to learn a little more. Take a look at these helpful links.