Associate Partner- Accelerated Path Program
Company: New York Life - Matthews
Location: Charlotte
Posted on: September 28, 2024
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Job Description:
Associate Partner- Fast Track Program- Charlotte Area
New York Life Accelerated Path to Management Program
Are you looking for a job where you can use your experience to
propel your career into management? At New York Life, we will
invest in you from the start to help you learn and grow as a
financial professional first. We'll train you in valuable skills,
such as marketing, business development, and customer relationship
management, and provide you with the tools you need to further your
career. Then we'll train you and provide you with access to the
tools you need for a career in management.
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-motivated people who can answer yes to one of the
following questions:
--- Do you have sales or managerial experience in another
industry?
--- Have you previously run a business?
--- Do you have an MBA or other equivalent degree?
In the Accelerated Path to Management Program, you'll start off as
a financial professional, learning how to sell our products, build
client relationships, and meet specific requirements before
transitioning into a management role. You'll then undergo a
six-month intensive training program designed to prime you for
success as a manager. You will use that experience to understand
how to recruit and coach others to succeed.
What we offer Your first-year
You'll learn firsthand about a financial professional's role and
day-to-day work by working as a financial professional for the
first year of your career journey with New York Life. We will
provide you with complete training, access to digital tools, and a
comprehensive product suite.
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 will
provide access to the resources you need to succeed day-to-day,
including experts on hand to answer your questions and a suite of
digital sales, prospecting, and marketing tools that will help you
attract and retain your clients with web, social and email
content.
Product Solutions
You will learn about our robust products and services that can help
clients 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 for the first 12 months as a
financial professional, you will enter a specialized six-month
Associate Partner training program. 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 professional, you
will receive income that is commission-based.
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 $64,480 and $65,479,
respectively), plus 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 ("RDs"). RDs are additional compensation that is
designed to increase your income and to reimburse for any
reasonable and necessary expenses we do not otherwise reimburse.
You will also be eligible for medical, dental, and vision benefits,
life, long-term disability, accidental death and dismemberment
coverages, a pension plan, and a 401k 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 579
recruiters at all levels in 2022 was $240,000.
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 to 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 help we've provided and continue to provide our
clients.
--- 3 million lives protected (includes all owners of individual
life insurance and annuity policies)
--- $4.5 billion in living benefits awarded (includes life and
annuity cash value accumulation and qualifying policy dividends
paid. Dividends are not guaranteed.)
--- $579 million lifetime annuity income paid (includes all payouts
on individual income annuity products)
--- Nearly $1.2 trillion in life insurance protection in force
(includes term, whole, and universal life)
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 make 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). The
financial strength ratings do not apply to any investment products
as they are subject to market risk and will fluctuate in value.
8. A full list of our awards is available here:
https://www.newyorklife.com/newsroom/our-awards-and-recognition
9. All figures reflect the consolidated results of New York Life
Insurance Company (NYLIC) and its domestic insurance subsidiaries,
including New York Life Insurance and Annuity Corporation (NYLIAC),
for the 12 months ending December 31, 2022. Individual life
insurance in force is the total face amount of individual life
insurance contracts (term, whole, and universal life) outstanding
for NYLIC and its domestic insurance subsidiaries at a given time.
The company's individual life insurance in force totaled $1,166.01
billion on December 31, 2022 (including $180.61 billion for
NYLIAC). Intercompany transactions have been eliminated in
consolidation.
Responsibilities:
--- Building strong relationships with potential clients in
Charlotte, NC through active engagement with the local
community.
--- Cultivating and sustaining lasting connections with financial
advisors and clients to drive sales and ensure customer
loyalty.
--- Crafting innovative strategies to enhance customer service
within the program by analyzing customer feedback and market
trends.
--- Increasing visibility of the company's products and services
among the target audience by participating in industry conventions
and events.
--- Build relationships in the community by networking.
Qualifications:
--- To participate in the Accelerated Path to Associate Partner
Program in Charlotte, NC, US, candidates must possess legal
authorization to work in the United States.
--- Candidates applying for the Associate Partner Program should
have a proven track record of managing sales teams effectively for
a minimum of 3 years.
--- Excellent verbal and written communication skills are essential
for guiding and leading a team in the Accelerated Path to Associate
Partner Program.
--- Proficiency in MS Office tools is a prerequisite for
individuals interested in the Accelerated Path to Associate Partner
Program.
--- A comprehensive understanding of the sales process, including
outreach and qualification strategies, is crucial for success in
the Associate Partner Program.
--- Attention to detail and a determined, goal-driven mindset are
key attributes required to excel in the Accelerated Path to
Associate Partner Program.
--- Strong problem-solving abilities and a commitment to delivering
exceptional customer service are fundamental qualifications for
candidates in the Associate Partner Program.
--- The capability to work independently and collaboratively within
a team setting is vital for individuals entering the Accelerated
Path to Associate Partner Program.
About Company:
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.
New York Life is an equal opportunity employer
M/F/Veteran/Disability/Gender Identity/Sexual Orientation
Keywords: New York Life - Matthews, Charlotte , Associate Partner- Accelerated Path Program, Other , Charlotte, North Carolina
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