Financial Professional

New York Life Insurance Company; Moosic (Lackawanna County); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

401(k) savings plan

Pension plan

Job summary

A leading insurance firm is looking for motivated individuals to join their Accelerated Path to Management Program as financial professionals. Candidates will undergo extensive training, learn to connect with clients, and transition into management roles. The position entails building customer relationships and meeting goals, with earnings based on commission. Ideal candidates possess sales or managerial experience, an MBA, and a drive for success. This role offers potential growth and significant income opportunities.

Qualifications

• Experience in sales or management is preferred.
• Ownership of a business is an advantage.
• Education such as an MBA enhances candidacy.

Responsibilities

• Learn how to sell and manage products.
• Build client relationships and meet requirements for transition.
• Complete training and develop skills as a manager.

Skills

Sales experience

Managerial experience

Business ownership experience

MBA or equivalent degree

Education

MBA or equivalent degree

Job description

New York Life Insurance Company provided pay range

This range is provided by New York Life Insurance Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $120,000.00/yr

What we’re looking for

• 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?

If so, the Accelerated Path to Management Program may be right for you.

In the Accelerated Path to Management Program, you’ll start off as a financial professional*, learning how to sell our products, building client relationships, and meeting specific requirements¹ before transitioning into a management role. You’ll then complete a six‑month training program to prepare for success as a manager, gaining skills to recruit and coach others.

What we offer

Phase 1: Firsthand experience as a financial professional

You’ll learn firsthand about a financial professional’s role and day‑to‑day work by working as a financial professional during the first year of your career journey with New York Life. We will provide you with extensive training, access to digital tools, and a comprehensive product suite.

Training and resources

You will receive top training to understand and appreciate the strength and value of New York Life. Beyond training and support, New York Life provides resources to help you succeed daily, including expert guidance and digital sales, prospecting, and marketing tools to attract and retain clients with web, social, and email content.

Product Solutions

You will learn about our robust products and services that help clients achieve their financial goals. New York Life offers 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.

Phase 2: Your transition to Associate Partner

After meeting specific requirements during the first 12 months as a financial professional, you will enter a specialized six‑month Associate Partner training program.¹ We’ll help you to lead and build your 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

When you begin with New York Life as a financial professional², your income will be commission‑based. For more information about commission‑based income and benefits for financial professionals, please follow this link: https://www.newyorklife.com/careers/financial-professionals/income-and-benefits

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 and Washington, the minimum salary is $66,560 and $67,725, respectively), plus bonuses and incentives based on your unit’s performance, including compensation tied to recruiting and developing agents (“R&Ds”). R&Ds are designed to increase income and reimburse for necessary expenses not otherwise covered. You will also be eligible for medical, dental, and vision benefits, life, long‑term disability, and accidental death and dismemberment coverages, a pension plan³, and a 401(k) savings plan.⁴ New York Life will value and reward your hard work and success. You’ll have significant income potential over time, as field managers’ compensation aligns with recruiting success and team production. The average income among our 568 recruiters at all levels in 2023 was $280,000.⁵

About New York Life

New York Life is a Fortune 100 company with a long history. We’ve been in business over 175 years, helping Americans protect their families and reach 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 constantly innovate to increase value for clients.

New York Life accepts applications to become a financial professional on an ongoing basis. Candidates who qualify for the Accelerated Path to Management program will need to meet specific requirements as a New York Life financial professional before entering a specialized six‑month Associate Partner training program. New York Life is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity