Fast Track to Management

Company: New York Life Insurance Company
Location: Irvine
Posted on: March 18, 2023

Job Description:

New York Life Management Fast Track Program

Are you looking for a job where you can use your experience to propel your career into management? At New York Life, we will invest in you from the start to help you learn and grow in a financial professional career. We'll train you in valuable skills, such as marketing, business development, recruiting and customer relationship management, and provide you with the tools you need to further your career.

What we're looking for

We're looking for people who want to make a lasting impact on the financial well-being of individuals, families and small businesses - motivated people who can answer yes to one of the following questions:

--- Do you have sales or managerial experience in another industry?

--- Have you previously run your own business?

--- Do you have an MBA or other advanced degree?

In the New York Life Management Fast Track Program, you'll start off as a financial professional, learning how to sell our products, build client relationship, and meeting specific requirements before transitioning into a management role. You'll then undergo a six-month intensive training program designed to prime you for success as a manager. You will use that experience to understand how to coach others to success.

What we offer

Your First Year You'll learn firsthand about a financial professional's role and day-to-day work by working as a financial professional for the first year of your career journey with New York Life. We will provide you with award-winning training, access to digital tools and a comprehensive product suite.

Training and Resources

You will gain an appreciation of the rich training we provide our financial professionals to help you understand the strength & value of New York Life firsthand. Beyond this training and support, New York Life will equip you with the resources you need to succeed day-to-day, including experts on hand to answer your questions and a suite of digital sales, prospecting and marketing tools that will help you attract and retain your clients with web, social and email content.

Product Solutions

You will learn about our robust products and services that can help clients and their families achieve their financial goals. Together with its subsidiaries, New York Life provides a range of competitive insurance and financial products, including life insurance, annuities, long term care insurance, disability income insurance and investment products such as mutual funds through our broker-dealer arm NYLIFE Securities LLC (member of FINRA and SIPC), a Licensed Insurance Agency. You will be required to hold securities licenses and FINRA registrations and affiliate with NYLIFE Securities as a Registered Representative before you can offer investment products.

Your Transition to a Field Manager Role

After meeting specific requirements for the first 12 months as a financial professional , you'll be equipped and empowered with a specialized six-month Associate Partner training program. We'll help you to lead and build your team of financial professionals. Throughout your career journey with New York Life, you'll continue to have opportunities to grow and be promoted to increasingly senior levels of management.

How we will compensate you

New York Life will value and reward your hard work and success. You'll have significant income potential, because our field managers' compensation is directly aligned with their recruiting performance and the production level of their team of financial professionals. The average income among our 639 recruiters payable in 2021 based on 2020 production was $240,300.1 Additional benefits include medical, dental, vision, a 401(k) and pension.2

About New York Life

New York Life is a Fortune 100 company with a long history of doing good. We have been in business for over 175 years, helping generations of Americans protect their families and attain their financial goals. As a mutual company, we are accountable only to our policyholders, not to Wall Street or outside investors. We are focused on long-term success for our clients. To prepare for the future, we are constantly innovating and looking ahead to find more ways to increase value for our clients.

Awards & Accolades

We're proud of our financial strength

--- A Superior (A.M. Best)

--- AAA Exceptionally Strong (Fitch)

--- Aaa Exceptional (Moody's)

--- AA+ Very Strong (Standard & Poor's)

We're proud of our positions in the industry

--- Training Magazine 2021: Top Companies for Learning and Development

--- Fortune Magazine 2021: New York Life ranks in 2021 Fortune World's Most Admired Companies list for Insurance: Life and Health.5

We're proud to be recognized by organizations that also value diversity

--- LATINA Style 2021: Top 25 Best Companies for Latinas to Work for in the US

--- Human Rights Campaign: 2021 Corporate Equality Index

--- Forbes 2019: America's Best Employers for Diversity

We're proud of the help we've provided and continue to provide our clients6

--- 5,500,000+ lives Protected (includes all owners of individual life insurance and annuity policies)

--- $5,200,000,000+ in living benefits awarded (includes life and annuity cash value accumulation and qualifying policy dividends paid)

--- $910,000,000+ lifetime annuity paid (includes all payouts on individual income annuity products)

--- Over 29,000 professionals hired (includes company employees along with contracted financial professionals)

1 Actual income and compensation are not guaranteed and depend on a number of factors including your field management title/level, the sales results of your agent unit and/or your General Office, and your applicable field management compensation plan. The Company reserves the right to amend, modify or terminate the compensation plans at any time. The historical income numbers shown above include additional compensation payments designated to reimburse all of a field manager's business expenses not otherwise reimbursed by the Company. For illustrative purpose only.

2 For the pension plan certain eligibility requirements apply. Monthly payments are determined by your earnings, years of service, age, and the form of payment you choose. The company reserves the right to amend or terminate the plan at any time for any reason.

3 New York Life Insurance Company continues to receive the highest financial strength ratings currently awarded to any life insurer in the U.S. from all four major rating agencies. Source: Individual Third-Party Rating Reports: A.M. Best A , Fitch Ratings AAA, Moody's Aaa, and Standard & Poor's AA+ (as of 9/30/2021).

4 Full list of our awards is available here:

5 Source: Fortune Magazine, 2021. Rankings are determined by a proprietary formula that weights nine criteria to create an overall score.

6 All figures reflect the consolidated results of New York Life Insurance Company and its domestic insurance subsidiaries including New York Life Insurance and Annuity Corporation for the 12 months ending December 31, 2020.

Keywords: New York Life Insurance Company, Irvine , Fast Track to Management, Executive , Irvine, California