What are the responsibilities and job description for the Financial Services Representative position at New York Life?
Job Title: Financial Professional (Experienced Insurance Agent / Wealth Advisor / Registered Rep)
Overview:
New York Life is seeking experienced life insurance agents, wealth advisors, and registered representatives ready to elevate their practice. Join a high-performing team committed to mentoring and professional growth through structured support and advanced training programs like NYLIC University and partnerships with The American College of Financial Services
Key Responsibilities:
- Provide tailored financial guidance to individuals, families, and businesses.
- Utilize New York Life’s expansive product lines to develop strategic insurance and investment solutions.
- Engage in prospecting activities including referrals, interviews, and client fact-finding to drive sales 3.
- Collaborate with mentors, sales development managers, and product consultants to refine your practice.
Specialization Tracks:
- Financial Guidance
- Retirement Planning
- Wealth Advisory
- Business Solutions (coming soon)
- Estate Planning (coming soon) 1 4
Qualifications:
- Active Life/Health Insurance License
- Registered Representative or Investment Advisor Representative credentials preferred
- Proven sales experience and client relationship management
Compensation & Benefits:
- Commission-based income aligned with performance; average income for qualifying agents was $117,359 in 2023 2.
- Health, dental, life, and disability insurance
- 401(k) plan and defined benefit pension (subject to eligibility)
- Tuition reimbursement for industry designations
Why New York Life?
- A Fortune 100 company with over 175 years of history
- Highest financial strength ratings from all major agencies 2
- Recognized for diversity and inclusion by Forbes and Human Rights Campaign
- Over 5.3 million lives protected and $5 billion in living benefits awarded in 2023
Job Type: Full-time
Pay: $75,000.00 - $180,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Disability insurance
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid training
- Retirement plan
- Tuition reimbursement
- Vision insurance
License/Certification:
- License: Virginia Insurance-Life and Health (Preferred)
Ability to Commute:
- Glen Allen, VA 23060 (Required)
Ability to Relocate:
- Glen Allen, VA 23060: Relocate before starting work (Required)
Work Location: Hybrid remote in Glen Allen, VA 23060
Benefits:
Health Insurance, 401K Plan, Pension PlanSalary : $75,000 - $180,000