Fast Track Insurance Partner Job at NYL - Long Island New York, Melville, NY

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  • NYL - Long Island New York
  • Melville, NY

Job Description

Job Description

Job Description

Our mission is to provide financial security and peace of mind through our insurance, annuity, and investment solutions. We act with integrity and humanity in all our interactions with our policy owners, business partners, and with one another. Grounded in both confidence and humility, we serve as stewards for the long term. We are here for good, reflecting both the permanence of New York Life and our commitment to do the right thing in business and society. Everything we do has one overriding purpose: to be there when our policy owners need us.

New York Life Insurance Company is currently seeking managers to become part of our Fast Track Partner program. We are interviewing for leadership-oriented individuals who may be selected to become a Partner in our General Office. In the Fast Track Management Program, you’ll start as a financial professional to gain hands-on experience. Once you have met the program requirements, you’ll be able to transition into management as an Associate Partner.

In this role, you’ll be responsible for recruiting and developing your own team of financial professionals. You’ll also be enrolled in the Associate Partner Training Program, which is an intensive, six-month program that will prime you for success as a manager.

Training, and Development Benefits: From quality training programs to a competitive compensation package, New York Life offers tremendous support and benefits to our financial professionals and managers. Our dedicated teams at the General Office and the Corporate Office support our managers and help them impact their agents and communities.

About New York Life: We are among the strongest and most respected financial companies in America today, consistently appearing on the Fortune 100 list. New York Life has earned the highest possible financial strength ratings currently awarded to any life insurer from the four major ratings agencies: Standard Poor’s (AA+); A.M. Best (A++); Moody’s (Aaa); and Fitch (AAA)2. For over 65 years we have led the way in the industry with the most U.S. members of the Million Dollar Round Table - the standard of excellence for life insurance sales performance in the insurance and financial services industry.

Registered Representatives are affiliated with NYLIFE Securities (member FINRA/SIPC), a Licensed Insurance Agency. Financial Advisors are affiliated with Eagle Strategies LLC, a Registered Investment Advisor. NYLIFE Securities and Eagle Strategies are New York Life companies.

1- New York Life has received the highest financial strength ratings currently awarded to any U.S. life insurer by Standard Poor’s (AA+); A.M. Best (A++); Moody’s (Aaa); and Fitch (AAA). Source: Individual Third-Party Ratings Reports as of 7/30/18

2- MDRT (Million Dollar Round Table) is recognized throughout the industry as the standard of excellence in life insurance sales performance. SOURCE: MDRT as of 7/1/2019

3- Based on Fortune Magazine ‘World’s Most Admired Companies’ 2019 ranking: -most-admired-companies/ To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed

4- Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/19. For methodology, please see

Our extensive resources include:

  • Our NYLIC University training program is designed to provide career-long support and growth including a tuition reimbursement program for certain advanced, professional designation courses.
  • Three highly skilled teams that provide advanced market support:
  • Our Advanced Planning Group
  • Eagle Strategies for qualifying agents who are also Registered Representatives
  • The Nautilus Group for qualifying agents who pay a monthly subscription fee
  • A team of highly-trained, experienced product consultants to support your agents’ client acquisition needs.
Compensation:

$90,000 at plan commission

Responsibilities:
  • Complete the program requirements and join the management team as an associate partner
  • Hone your skills and facilitate success as a manager by participating in our intensive, six-month Associate Partner Training Program
  • Employ a comprehensive array of financial products and services including life insurance, fixed and variable annuities, and mutual funds when presenting clients with solutions
  • Gain hands-on experience as a financial professional helping clients develop a long-term strategy to achieve their financial goals
  • Select, hire, and grow your financial professionals team as an associate partner
Qualifications:
  • Knowledge of cultural markets a plus
  • Experience in the financial services industry and/or insurance industry is required
  • Sales experience necessary
  • Multilingual professionals with Spanish, Portuguese, or other language proficiency is a bonus
  • Seeking a rewarding and challenging career as a goal-oriented, highly motivated financial professional

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 a 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 586 recruiters in 2021 was $270,890.

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 clients. To prepare for the future, we are constantly innovating and looking ahead to find more ways to increase value for our clients.

About Company

Backed by 175 years of experience. It is commonly known, that not all service industries are the same, more to the point, not all companies are the same. Product offerings, producer support, an opportunity for advancement, personal growth, ongoing training, and broad-spectrum marketing. New York Life innovatively strides the cutting edge in client servicing, systematically paving the way for success with tested processes, actively immersed with you in achieving your desired career objectives, and more. Step into a client’s life and help them achieve their financial goals while building a great career for themselves in the process. Utilizing our expansive product lines, our Agents work to guide individuals, families, and businesses toward the financial strategy that is right for them. That is no easy task, but for the right person, it can be a truly rewarding career with the potential for growth opportunities. New York Life Insurance Company is an equal-opportunity employer.

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