How has New York Life stayed on top for so long?
Our integrity and our dedication to humanity. We are really passionate about helping our clients. We are still a mutual company – not a publicly-held company. We do not have stockholders so we are uniquely in line with our policyholders, so we can make financial decisions that match the products that they are purchasing such as life insurance, college savings plans, retirement plans. They may be 20, 30, 40 years down the road, and we do not have to make short-term quarterly financial decisions to please stockholders, and I believe that really has helped us maintain that edge. Hasn’t New York Life been awarded several recognitions for its programs designed to help employees achieve work/life balance? Yes, one of the distinctions given to us was the “100 Best Companies for Working Mothers” award for our commitment to helping employees care for their families as well as attaining professional success. What’s the best advice you have for a woman who wants to advance in the business world?
