Financial Services Professional

New York Life is hiring a Financial Services Professional in Melville, NY to help policyholders design risk management and insurance plans aligned to their financial priorities.

• Partner with policyholders to develop and deliver risk management strategies tailored to individual profiles
• Listen to new and potential clients to assess priorities and finances
• Recommend suitable insurance plan options that meet each client’s insurance needs
• Execute sales strategies and tactics proven effective in maintaining and growing existing customer portfolios with loyal, long-term clients
• Continue education on evolving insurance industry protocols
• Monitor insurance claims and support customers to satisfaction

Requirements

• Excellent communication, customer service, analytical, and interpersonal skills
• Some experience with accounting or sales lead software is beneficial
• Phone skills
• Enjoy prospecting and meeting new people
• Entrepreneurial Role

Accelerated Path to Management Program

• Training in marketing, business development, and customer relationship management
• Tools and resources to support career growth
• Management-focused training and access to career tools
• Personalized coaching from dedicated training professionals
• Ability to obtain industry professional designations
• Industry designation costs subsidized in the first two full-time contract years, with additional funds available if qualified during training and business growth
• Sales incentives and professional-development trips for top-performing insurance agents
• Experts on hand to answer questions
• Suite of digital sales, prospecting, and marketing tools using web, social, and email content to attract and retain clients
• Opportunity to specialize through the investment advisory division (Eagle Strategies LLC) to offer wealth management and advisory services, estate planning strategies, and business solutions

What We Offer

• Training and development
• Digital tools
• Products and solutions
• Range of offerings including life insurance, annuities, long-term care insurance, disability income insurance, and investment products such as mutual funds through NYLIFE Securities LLC (member of FINRA and SIPC), a Licensed Insurance Agency

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life and disability insurance
• 401(k) and pension
• 401(k) matching
• Extensive training program
• Training allowance & stipend if you qualify
• Council Trips
• Sales incentives and professional-development trips for top-performing insurance agents
• Flexible schedule
• Paid time off

Compensation

• Commission-based compensation
• In 2023, average income for agents under the N8 and N9 Agent’s Contract who met annual minimum sales production requirements was $117,359
• Income determined by individual agent performance
• Additional details available: https://www.newyorklife.com/careers/financial-professionals/ income-and-benefits

Average Compensation Range

• Year 1: $85,000-$132,000
• Year 3: $109,000-$205,000
• Year 5: $132,000-$287,000
• Year 10: $239,000-$500,000

Awards & Accolades

• A++ Superior (A.M. Best)
• AAA Exceptionally Strong (Fitch)
• Aaa Exceptional (Moody’s)
• AA+ Very Strong (Standard & Poor’s)

How You’ll Be Paid

• Commission
• Training Allowance
• Expense Allowance
• First Year Stipend
• Renewals/Trails
• Bonuses

Job Details

• Job type: Full-time
• Pay: $82,177.00-$125,000.00 per year
• Work location: In person
• Ability to commute: Melville, NY 11747 (Required)
• Ability to relocate: Melville, NY 11747 (Required)