New York Life Accelerated Path to Management Program
New York Life is looking for motivated professionals in the Miami area who are ready to build a long-term career in financial services, sales, and leadership.
This opportunity is designed for individuals who want more than a traditional job. It is for people who are driven, coachable, relationship-focused, and interested in building a career where their effort, growth, and leadership potential can create long-term opportunity.
At New York Life, we invest in you from the beginning. You will receive training, mentorship, access to digital tools, and support from an established Fortune 100 company while learning how to build client relationships, develop business, and grow as a financial professional.
This opportunity begins as a commission-based financial professional role. Through New York Life’s Accelerated Path to Management Program, candidates who successfully complete training and meet production, licensing, leadership, and approval requirements may have the opportunity to transition into management, where they can earn a base salary plus additional compensation tied to recruiting, coaching, and team development.
Who This Opportunity May Be a Strong Fit For
This opportunity can be a strong fit for candidates with experience in:
Sales
Business development
Customer service
Recruiting
Real estate
Banking or finance
Insurance
Management or leadership
Entrepreneurship
What We’re Looking For
We’re looking for people who want to make a lasting impact on the financial well-being of individuals, families, and small businesses.
You may be a strong fit if you can answer yes to one or more of the following:
Do you have sales or managerial experience in another industry?
Have you previously run your own business?
Do you enjoy building relationships and helping people make important decisions?
Are you looking for a career path with growth into leadership or management?
Do you have an MBA or other equivalent degree?
What You’ll Do
In the Accelerated Path to Management Program, you’ll begin as a financial professional, learning how to build client relationships, present solutions, develop your market, and meet specific requirements before transitioning into a management opportunity.
You’ll gain firsthand experience in the financial professional role, including client relationship building, business development, prospecting, financial product education, and market growth.
As you gain experience and meet the required milestones, you may have the opportunity to enter specialized training designed to prepare you for a future management role. In that role, you will learn how to recruit, lead, coach, and develop other financial professionals.
Why Candidates Choose New York Life
New York Life offers a career path for professionals who want growth, independence, training, and long-term opportunity.
You will have access to:
Paid training and professional development
Mentorship from experienced leadership
A recognized and respected Fortune 100 brand
Digital tools for sales, marketing, prospecting, and client service
A broad suite of insurance and financial products
A career path that may lead into management
The opportunity to earn base income once approved for management
Income potential based on performance, recruiting, and team development
What We Offer Your First Year
During your first year, you’ll receive training, mentorship, and support while learning the day-to-day responsibilities of a financial professional. You will be introduced to client relationship building, prospecting, financial product education, business development, and market growth.
This is an opportunity for someone who is comfortable working in a performance-based environment and wants to build a career with long-term growth potential.
Your first step is to build a foundation as a financial professional. From there, candidates who successfully complete training and meet production, licensing, leadership, and approval requirements may have the opportunity to transition into New York Life’s Associate Partner management path.
Training and Resources
You 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 provides access to the resources you need to succeed day-to-day, including experienced professionals who can answer your questions and a suite of digital sales, prospecting, marketing, and client-service tools.
Product Solutions
You will learn about our robust products and services that can help clients and their families 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.
Your Transition to a Field Manager Role
After meeting specific requirements as a financial professional, you may have the opportunity to enter a specialized Associate Partner training program. We’ll help you learn how to lead, recruit, coach, and develop other 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
When you begin with New York Life as a financial professional, your income will be commission-based. This allows you to build your client base, develop your market, and gain the experience needed to understand the financial professional role firsthand.
After completing the required training and meeting production, licensing, leadership, and approval requirements, you may have the opportunity to transition into a management role through New York Life’s Associate Partner path.
Once approved for the Associate Partner management role, you will receive a base salary. The salary range for an Associate Partner is $60,000–$150,000, plus you may be eligible for additional compensation related to the agents you recruit, coach, and develop.
You will also be eligible for medical, dental, and vision benefits, life insurance, long-term disability, 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 586 recruiters at all levels in 2021 was $270,890.6
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
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
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 way we serve our clients
5.5 million lives protected
$4.9 billion in living benefits awarded
$938 million lifetime annuity paid
Over $1.1 trillion life insurance protection in force
New York Life is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity
New York Life Insurance Company
51 Madison Avenue
New York, NY 10010
www.newyorklife.com
AR10901.112022 SMRU 5058493.2 Exp.04.30.2023
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.
8 A full list of our awards is available here: https://www.newyorklife.com/
Pay: $60,000.00 - $150,000.00 per year
Benefits:
- 401(k)
- Health insurance
- Health savings account
- Life insurance
- Paid training
- Professional development assistance
- Retirement plan
Application Question(s):
- Do you have prior experience in sales, business development, customer service, management, recruiting, banking, real estate, insurance, or entrepreneurship?
- Are you comfortable working in a commission-based role with income potential based on performance?
Location:
- Miami, FL 33126 (Required)
Ability to Commute:
- Miami, FL 33126 (Required)
Work Location: Hybrid remote in Miami, FL 33126
