Job DescriptionJob DescriptionAre 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 as a financial professional first. We’ll train you in valuable skills, such as marketing, business development, and customer relationship management, and provide you with the tools you need to further your career. Then we’ll train you and provide you with access to the tools you need for a career in management.
What we’re looking forWe’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 career?Do you have an MBA or other equivalent degree?If so, the Accelerated Path to Management Program may be right for you.In the Accelerated Path to Management Program, you’ll start off as a financial professional, learning how to sell our products, build client relationships, and meet specific requirements1 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 recruit and coach others to success.
What we offer
Phase 1: Firsthand experience as a financial professionalYou’ll learn firsthand about a financial professional’s role and day-to-day work by working as a financial professional during the first year of your career journey with New York Life. We will provide you with extensive training, access to digital tools, and a comprehensive product suite.
Training and ResourcesYou will receive top-notch training that will give you an understanding and appreciation for the strength and value of New York Life. Beyond this training and support, New York Life will provide access to 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, socia,l and email content.
Product SolutionsYou will learn about our robust products and services that can help clients 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, 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.
Phase 2: Your transition to Associate PartnerAfter meeting specific requirements during the first 12 months as a financial professional, you will enter 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 youWhen you begin with New York Life as a financial professional, your income will be commission-based. For more information about commission-based income and benefits for financial professionals, please follow this link:https://www.newyorklife.com/careers/financial-professionals/income-and-benefits.
If you meet the requirements and approvals to become an Associate Partner, you will receive a salary. The salary range for an Associate Partner is $60,000–$150,000 (in California and Washington, the minimum salary is $66,560 and $67,725, respectively), plus you will be eligible for certain bonuses and other incentives based on the performance of agents in your unit, including additional compensation related to the agents you recruit and develop (“R&Ds”). R&Ds are additional compensation that is designed to increase your income and to reimburse you for any reasonable and necessary expenses we do not otherwise reimburse. You will also be eligible for medical, dental, and vision benefits, life, long-term disability, and accidental death and dismemberment coverages, a pension plan, and a 401(k) savings plan.
New York Life will value and reward your hard work and success. You’ll have significant income potential over time 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 568 recruiters at all levels in 2023 was $280,000.
About New York LifeNew York Life is a Fortune 100 company with a long history of doing good. We have been in business for over 180 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 clients. To prepare for the future, we are constantly innovating and looking ahead to find more ways to increase value for clients.
Awards Accolades
We’re proud of our financial strengthA++ Superior (A.M. Best)AAA Exceptionally Strong (Fitch)Aaa Exceptional (Moody’s)AA+ Very Strong (Standard Poor’s)
We’re proud of the training we offerChief Learning Officer: 2023 CLO Learning Elite Gold award
We’re proud the be recognized by organizations that also value diversitySeramount: 2023 Best Companies for Multicultural WomenHuman Rights Campaign: 2023/2024 Corporate Equality IndexForbes 2023: America’s Best Employers for Diversity
We’re proud of the help we’ve provided and continue to provide to clients3 million lives protected (includes all owners of individual life insurance and annuity policies)$5 billion in living benefits awarded (includes life and annuity cash value accumulation and qualifying policy dividendspaid. Dividends are not guaranteed.)$937 million lifetime annuity income paid (includes all payouts on individual income annuity products)Over $1.2 trillion of life insurance protection in force (includes term, whole, and universal life)Compensation:$67,000 - $1,000,000+Responsibilities:Exceeding production goals within the Fast Track Management Program based in Irvine, CA, USActively participating in recruiting and developing team members to support growth and successAttending and engaging in all training sessions offered to enhance skills and knowledgeEffectively utilizing digital platforms to engage with customers and elevate their experiencePursuing continuous education and training opportunities to advance professional development within the programQualifications:Successful completion of the Fast Track Management Program in Irvine, CA, US requires a strong commitment to ethical conduct and integrityDemonstrating a passion for achieving financial growth and success is a fundamental requirement for this programMaintaining a professional demeanor and appearance is crucial for candidates participating in the Fast Track Management ProgramA genuine enthusiasm for the work and industry is essential for individuals applying to the programThe ability to resiliently overcome challenges is a key quality we seek in applicantsA focus on achieving objectives is a critical qualification for the Fast Track Management ProgramWillingness to learn, receive guidance, and grow professionally is highly valued in candidates for this programPossessing strong relationship-building skills is an important attribute for thriving in the Fast Track Management ProgramAbout Company
New York Life is a Fortune 100 company with a long history of doing good. We have been in business for 180 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 the long-term success for our clients.
