Financial Professional - Accelerated Management Path

New York Life - Chicago Northshore•Deerfield, IL

1d•$60,000 - $150,000•Hybrid

About The Position

The New York Life Accelerated Path to Management Program is designed for ambitious professionals who want to pursue a leadership career through firsthand experience as a financial professional. You will begin by building your own practice, developing client relationships, and growing your business while receiving industry-leading training, mentorship, and development opportunities. As you progress and meet specific program requirements, you can transition into management and complete a comprehensive six-month leadership development program focused on recruiting, coaching, and team development. New York Life invests in your success from day one with training, resources, and development opportunities designed to help you grow as a financial professional and future leader. This includes industry-leading training in business development, marketing, and relationship management, ongoing mentorship and professional development, hands-on experience building and growing a business, a defined path into leadership and management, and the opportunity to lead, coach, and develop future financial professionals. We are seeking motivated professionals who want to make a lasting impact and grow into leadership roles. If you’re looking for a career with long-term growth, professional development, and a clear path to leadership, the Accelerated Path to Management Program may be the right fit for you. In your first year, you’ll gain hands-on experience as a financial professional—building client relationships, growing your business, and developing a strong foundation in financial services. We’ll equip you with comprehensive training, digital tools, and access to a broad suite of products and solutions. You will receive industry-leading training designed to help you build the skills and knowledge needed to grow in the role. In addition to ongoing coaching and mentorship, you will have access to experienced professionals, proven best practices, and digital sales, prospecting, and marketing tools to help you attract and retain clients across web, social, and email channels. Gain experience delivering a broad portfolio of insurance and financial solutions designed to help clients achieve their financial goals. Together with its subsidiaries, New York Life offers life insurance, annuities, long-term care insurance, disability income insurance, and investment products such as mutual funds. After meeting specific performance requirements during the first 12 months as a financial professional, you will enter a specialized six-month Associate Partner training program focused on leadership, recruiting, and team development. As an Associate Partner, you will learn how to recruit, coach, and develop a team of financial professionals while continuing to strengthen your leadership capabilities. Throughout your career with New York Life, opportunities for advancement into increasingly senior management roles will continue to grow. When you begin with New York Life as a financial professional, your income will be commission-based. If you meet the eligibility requirements and approvals to become an Associate Partner, you will receive a salary. The Associate Partner salary range is $60,000 - $150,000. In addition to your base salary, you will be eligible for certain bonuses and other incentives based on the performance of agents in your unit, including 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 the Company does 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, and a 401(k) savings plan.

Requirements

Sales or management experience in another industry
Experience running a business or leading a team
An MBA or other equivalent degree
Strong relationship-building and communication skills
Business mindset and leadership potential
Specific production and licensing requirements must be met, and approvals obtained before transitioning to field management.
Qualifications and eligibility requirements include but are not limited to applicable FINRA general securities, state insurance and investment advisory licenses; compliance history; production standards; and required training.

Nice To Haves

Ambitious professionals who want to pursue a leadership career

Responsibilities

Building your own practice
Developing client relationships
Growing your business
Recruiting
Coaching
Team development
Leading
Coaching future financial professionals
Developing future financial professionals
Building client relationships
Growing your business
Developing a strong foundation in financial services
Attracting and retaining clients
Delivering a broad portfolio of insurance and financial solutions
Recruiting a team of financial professionals
Coaching a team of financial professionals
Developing a team of financial professionals

Benefits

Bonus based on performance
Company parties
Dental insurance
Flexible schedule
Health insurance
Opportunity for advancement
Training & development
Vision insurance
Accelerated Path to Management Program
Industry-leading training in business development, marketing, and relationship management
Ongoing mentorship and professional development
Hands-on experience building and growing a business
A defined path into leadership and management
The opportunity to lead, coach, and develop future financial professionals
Comprehensive training
Digital tools
Access to a broad suite of products and solutions
Ongoing coaching and mentorship
Access to experienced professionals
Proven best practices
Digital sales, prospecting, and marketing tools
Specialized six-month Associate Partner training program
Medical benefits
Life coverage
Long-term disability coverage
Accidental death and dismemberment coverages
Pension plan
401(k) savings plan