I applied online. The process took 4 weeks. I interviewed at New York Life in Apr 2024
Interview
I applied for a role and months later was contacted by a recruiter. I am a former employee that was laid off in 2022 and have not been able to find work since. I also have a Master's degree and years of internal experience at NYL in different departments. The recruiter basically laughed on the phone and said 'wouldn't want to be in your position right now that's for sure'. The economy is really tough out there and I had thought they would want to re-hire former employees they made redundant; it seems they do not care. Also, years back the compensation brackets were better. Now, it seems they want to get associates at a lower compensation range and senior associates at lower ranges. This may be feasible in low cost of living cities but NYL is HQ'ed in NYC where the cost of living index is high. How exactly is someone supposed to live off of 36k-65k salary in NYC as an associate? It feels like they terminated certain departments and then re-created the roles at cheaper rates. I did not find any compassion or empathy or even a willingness to place former employees when speaking to this recruiter or making it to the hiring manager round. They treat you like an external candidate and worse than that -- they show no consideration for the fact that you've been long term unemployed after having been laid off by NYL. I was even asked 'what have you been doing all this time?' I'm not sure what's going on with the recruitment team but the experience was extremely patronizing and lacking awareness for the current economic state. They also post the same roles over and over and over again, they'll interview people and then keep posting the same roles for a period of six months to 18 months. If you can't hire someone out of the thousands of unemployed (some of whom are former employees you laid off), then what is going on? Are they posting fake jobs or are they looking for a unicorn to accept a job for 30k in NYC?
HR gave full details of role , pay range, location strategy and asked if interested to move forward.
scheduled 1st round with in a week. after 20 days scheduled the 2nd round. of interview.
with in a week of 2nd round , gave the offer letter.
Interview questions [1]
Question 1
Asked about SDLC process, people strategy, how technology changes were handled
HR screen, a meeting with the hiring manager, met some people from the team, take home test which they give one week to do, presenting the answers with Q&A session after, some leadership team and got an offer after a couple of days
I applied through an employee referral. The process took 1 day. I interviewed at New York Life
Interview
I had a three-round, back-to-back interview in one morning with three different managers from separate teams. The interview included a basic background check, questions about my field-related experience, and discussions about my teamwork preferences, workflow, and communication style.
One big positive was that the interviewers were very open and willing to share detailed information about the company and the position. They did ask a few specific accounting-related questions, so some technical preparation is recommended.