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The New York Life Insurance Agent’s role is all about building relationships with and providing the right products and services that can best meet the needs of their clients. Adding up to a rewarding career with a company that insists on doing right by their customers is simply part of who we are.
What is expected of our Agents?
Qualities that we look for in our Agents:
How we will compensate you:
You have the power to determine your own income with our commission-based compensation. In 2022, the average income of our agents under the N8 and N9 Agent’s Contract who met annual minimum sales production requirements was $115,917.1 Individual agent performance will determine your income. Benefits include medical, dental, vision, life, and disability insurance, as well as a 401(k) and pension.2
New York Life has been helping generations of Americans attaining their financial goals through our nation-wide agent force for more than 175 years. Our agents’ abilities are advanced through our award-winning training, product offerings, agent support, opportunity for advancement, personal and professional growth, and broad-spectrum marketing. New York Life innovatively strides the cutting edge in client servicing, systematically paves the way for success with tested processes and is actively immersed with you in achieving your desired career objectives.
Build relationships with clients and help them achieve their financial goals, while building a great career for yourselves in the process. Utilizing our expansive product lines, our Agents work to guide individuals, families and businesses towards the financial goals that they envision. That is no easy task, but for the right person it can be a truly rewarding career with the potential for growth opportunities.
1 Based on 2022 company data for 7,603 agents operating under our N9 and N8 Agent’s Contracts in all states, without persistency bonus, who were active as of December 31, 2022. N9 is the current contract for new financial professionals. N8 contracts were issued to new financial professionals prior to April 2004. Contracts determine your compensation and benefits. Sales production requirements are determined annually by the company. Historical agent incomes are provided for informational purposes only. Agent income is not guaranteed. Income is dependent upon the sales of each agent. Agent compensation is commission-based and determined through the ledger process. Overall compensation includes positive income credits for commissions based on actual sales and certain allowances or incentives, if eligible, based upon persistency and production, as well as debits associated with commission reversals, authorized expenses, and other items. Each credit and debit posted to the Agent’s Ledger is part of determining the agent’s compensation and no individual credit posted to the ledger is earned until the ledger reconciliation process is complete. Agents receive payments equal to the positive balance on the Agent’s Ledger after the credits and debits are applied.
2 This is necessarily brief and provides only general descriptions of the benefits available to eligible agents under the applicable plans. Specific terms, such as eligibility and benefits, are determined only by the terms and conditions contained in the relevant plan documents. In the event of any conflict between the information herein and the provisions of the plan documents, the plan documents will govern. The company reserves the right to amend or terminate the benefit plans described herein at any time for any reason.
New York Life Insurance Company is an equal opportunity employer M/F/Veteran/Disability/Sexual Orientation/Gender Identity
SMRU 5058863.2
Exp. 04/30/2024
Job Type: Full-time
Pay: $38,883.00 - $115,917.00 per year
Benefits:
Supplemental pay types:
Weekly day range:
Work setting:
Application Question(s):
Work Location: In person
Full Time
Insurance
$73k-103k (estimate)
05/08/2024
09/04/2024
cbizlife.com
SAN DIEGO, CA
<25
1974
TIMOTHY MOYNIHAN
$10M - $50M
Insurance
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If you are interested in becoming an Insurance Agent, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Insurance Agent for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Insurance Agent job description and responsibilities
Insurance agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others.
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insurance agents and brokers accumulate contracts, policies, retainers, client documents, and employee records.
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Insurance agent offers the customer advice related to the type of coverage available and the exclusions to that coverage.
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The insurance agent provides clients with policy quotes from multiple companies to find the best policies and price.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Insurance Agent jobs
Insurance agents may require different licenses to sell various kinds of policies.
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Prioritize the client’s needs first.
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Pass the Pre-Licensing Requirements.
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Agents must be able to establish a good rapport with potential clients, understand their needs, and persuade clients to give the agent their business.
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A good insurance agent will always put the needs of their clients first.
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Step 3: View the best colleges and universities for Insurance Agent.