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New York Life
Birmingham, AL | Other | Full Time
$61k-81k (estimate)
2 Weeks Ago
Leadership Roles through Fast Track Management Program
New York Life Birmingham, AL
$61k-81k (estimate)
Other | Full Time | Insurance 2 Weeks Ago
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New York Life is Hiring a Leadership Roles through Fast Track Management Program Near Birmingham, AL

What we’re looking for

Join Fortune 100 Company if you're passionate about positively shaping the financial futures of individuals, families, and small businesses. Are you ready to make a meaningful impact?

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

• Have you previously run your own business?

• Do you have an MBA or other equivalent degree?

In our Accelerated Path to Management Program, kickstart your journey as a financial professional. Learn to effectively sell our products, foster client relationships, and meet key milestones. Transition seamlessly into a management role with a six-month intensive training program tailored for managerial excellence. Utilize this experience to master recruitment and coaching strategies for lasting success.

What we offer

Your first year

Experience the daily responsibilities and crucial tasks of a financial professional firsthand during your inaugural year with New York Life. Benefit from extensive training, cutting-edge digital resources, and a diverse product portfolio to kickstart your career journey.

Training and resources

Unlock unparalleled training to gain deep insights into the strength and value of New York Life. Access ongoing support, including expert guidance and a suite of digital tools for seamless day-to-day operations. Leverage our resources to attract and retain clients through dynamic web, social, and email content.

Product Solutions

Explore our comprehensive suite of products and services designed to empower clients in reaching their financial objectives. New York Life and its subsidiaries offer a diverse range of competitive insurance and financial solutions, including life insurance, annuities, long-term care insurance, disability income insurance, and investment products like mutual funds through our broker-dealer, NYLIFE Securities LLC (member of FINRA and SIPC), a Licensed Insurance Agency. As a prerequisite, you'll need to obtain securities licenses and FINRA registrations and affiliate with NYLIFE Securities as a registered representative to offer investment products.

Your transition to a Field Manager role

Upon fulfilling the initial 12-month requirements as a financial professional, you'll progress to our exclusive six-month Associate Partner training program. This program is designed to equip you with the skills needed to effectively lead and develop your own team of financial professionals. As you continue your career journey with New York Life, you'll encounter numerous opportunities for advancement and promotion to higher levels of management

How we will compensate you

When you begin with New York Life as a financial professional 2*, you will receive income that is commission-based. 3* 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, the salary range is $62,400–$150,000), plus you will be eligible for 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 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, 4 and a 401(k) savings plan. 5* 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 579 recruiters at all levels in 2022 was $240,000. 6*

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 7

  • A 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 offer 8

  • Training Magazine’s APEX Award for 2022

We’re proud the be recognized by organizations that also value diversity

  • Latino Leaders: 2022 Best Companies for Latinos to Work For
  • Human Rights Campaign: 2022 Corporate Equality Index
  • Forbes 2022: America’s Best Employers for Diversity

We’re proud of the help we’ve provided and continue to provide our clients 9

  • 5.3 million lives protected (includes all owners of individual life insurance and annuity policies)
  • $4.5 billion in living benefits awarded (includes life and annuity cash value accumulation and qualifying policy dividends paid. Dividends are not guaranteed.)
  • $579 million lifetime annuity income paid (includes all payouts on individual income annuity products)
  • Nearly $1.2 trillion life insurance protection in force (includes term, whole, and universal life)

1 Specific production and licensing requirements must be met, and approvals obtained before transitioning to field management. Please ask your New York Life recruiter for details.

2 If you qualify for an Introductory (PTAS) Contract, you will preview an agent career with New York Life as an independent contractor while continuing to work at your current job, with limited exceptions. During this preview period of up to six months, any sales you make will continue to accrue until you either make enough sales to become a full-time agent under a Training Allowance Subsidy (TAS) Contract or the passage of six months, whichever is earlier. If you do not become a full-time agent, all commissions on any sales you made will be paid to you at the end of six months. If you become a full-time agent under a TAS Contract, you will be credited with the commissions you accrued under the Introductory Contract.

3 If you would like more information about commission-based income for financial professionals, please consult with your New York Life recruiter.

4 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.

5 This is necessarily brief and provides only a list of benefits available to Associate Partners 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. The company reserves the right to amend or terminate benefit plans at any time for any reason.

6 In addition to salary, average recruiter income includes certain non-guaranteed income that is dependent 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. Average partner income is provided for illustrative purposes only.

7 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 Ratings Reports: A.M. Best A , Fitch Ratings AAA, Moody’s Aaa, and Standard & Poor’s AA (as of 10/18/2022). The financial strength ratings do not apply to any investment products as they are subject to market risk and will fluctuate in value.

8 A full list of our awards is available here: https://www.newyorklife.com/newsroom/our-awards-and-recognition

9 All figures reflect the consolidated results of New York Life Insurance Company (NYLIC) and its domestic insurance subsidiaries, including New York Life Insurance and Annuity Corporation (NYLIAC), for the 12 months ending December 31, 2022. Individual life insurance in force is the total face amount of individual life insurance contracts (term, whole, and universal life) outstanding for NYLIC and its domestic insurance subsidiaries at a given time. The company’s individual life insurance in force totaled $1,166.01 billion at December 31, 2022 (including $180.61 billion for NYLIAC). Intercompany transactions have been eliminated in consolidation.

New York Life is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity

Job Types: Full-time, Permanent

Pay: $134,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Parental leave
  • Vision insurance

Supplemental pay types:

  • Bonus opportunities
  • Commission pay

Weekly day range:

  • Monday to Friday

Work setting:

  • In-person

Application Question(s):

  • Are you currently relocating or living in the State of Alabama? If not, please apply to the closest New York Life office where you currently reside. Please confirm. Thank you! (Required)

Education:

  • Bachelor's (Preferred)

Experience:

  • Sales: 3 years (Preferred)

License/Certification:

  • Life and Health License (Preferred)

Work Location: In person

Job Types: Full-time, Permanent

Pay: $134,071.00 per year

Benefits:

  • 401(k)
  • Flexible schedule
  • Health insurance
  • Work from home

Supplemental pay types:

  • Bonus opportunities

Weekly day range:

  • Monday to Friday

Work setting:

  • In-person
  • In the field
  • Office

Work Location: In person

Job Summary

JOB TYPE

Other | Full Time

INDUSTRY

Insurance

SALARY

$61k-81k (estimate)

POST DATE

04/14/2024

EXPIRATION DATE

08/10/2024

WEBSITE

cbizlife.com

HEADQUARTERS

SAN DIEGO, CA

SIZE

<25

FOUNDED

1974

CEO

TIMOTHY MOYNIHAN

REVENUE

$10M - $50M

INDUSTRY

Insurance

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About New York Life

Own a small business but don't know where to start on building your business through marketing? Branding, Content, Website, Digital Marketing, CRM tracking, Marketing Campaigns, Tradeshows, Incentive Programs, Social Media, LinkedIn followers, Video and Blog. Let me help you navigate and build your business and sales as well as client retention!

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