Now Hiring - New York Life - Sales Leadership Development Program - Fast Track to Management in Elk Grove, CA

Full description of the position

Overview:

• 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?

The Leadership Development Program (Fast Track) at New York Life & NYLIFE Securities represents a unique and unparalleled opportunity for ambitious individuals seeking a rewarding and accelerated career in the financial services industry. Designed to identify, nurture, and cultivate top talent, this program serves as a launching pad for future leaders within our esteemed organization.

We believe that exceptional individuals should have the opportunity to fast-track their professional growth and make a significant impact from the outset. From day one, participants are immersed in a comprehensive training curriculum that combines cutting-edge industry knowledge, hands-on experience, and invaluable mentorship.

The program's structure is designed to provide a well-rounded and comprehensive understanding of our business. Participants gain exposure to various facets of New York Life, including insurance and annuities, investments, retirement planning, and wealth management. This holistic approach ensures that Leadership Development members acquire a broad knowledge base and a deep understanding of our products, services, and customer-centric approach.

At New York Life, we recognize the importance of fostering a culture of inclusivity and diversity. The Fast Track Program embraces individuals from all backgrounds, perspectives, and experiences, providing a supportive and empowering environment for everyone to thrive and succeed.

Responsibilities:

As Fast Track participants progress through the program, they are exposed to progressively challenging roles and responsibilities. The first 12 months are used to build competencies as an Financial Advisor in a client-facing role, before transitioning into a 6 month training program as an Associate Partner with 100% focus on building, leading, and developing a team. From there, individuals then graduate into a Partner role continuing to grow our impact in our Elk Grove office. This dynamic and growth-oriented approach allows individuals to rapidly expand their skill sets, take on leadership positions, and contribute meaningfully to the success of our organization.

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 in California, the salary range is $62,400–$150,000, plus you will be eligible for 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 we do not otherwise reimburse.

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.

Qualifications & Skills

• Proven leadership background
• Entrepreneurial spirit
• Goal and results oriented
• Exceptional Interpersonal and relationship building
• Effective communication skills (written and verbal)
• Demonstrated track records of success

Job Type: Full-time

Pay: $75,000.00 - $125,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Elk Grove, CA 95758: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• As you apply for this role, do you have a clear understanding that you will start this role as a financial professional and your compensation is commission based. After meeting specific requirements for the first 12 months as a financial professional, you will enter a specialized six-month Associate Partner training program. Once you enter the Associate Partner program, you're salary will begin.

Do you have a clear understanding and accept the challenge?

Experience:

• Management: 1 year (Preferred)
• Sales: 1 year (Preferred)

Work Location: In person