Insurance Agent, New York Life Insurance Company
1 day ago
Insurance Agent, New York Life Insurance Company
The New York Life Insurance Agent’s role is all about building relationships with and providing the right products and services that can best meet the needs of their clients. Adding up to a rewarding career with a company that insists on doing right by their customers is simply part of who we are.
What is expected of our Agents?
• Ability to understand the needs and financial concerns of clients.
• Ability to educate clients on how to plan ahead for the future financially so that they are prepared for unfortunate life events/ circumstances they may encounter.
• Promote customized ways for clients to achieve their long-term financial goals.
• Cultivating relationships, with a view to helping every family member or individual pursue financial security
• Ability to build an insurance and financial practice through establishing professional networks and prospecting for new clients.
• Providing compassion and guidance to clients when unfortunate life circumstances arise.
• Having a clear focus on developing and maintaining long-term bonds with clients, resulting in trust and continuity of client relationship over time.
Qualities that we look for in our Agents:
• Sales experience preferred, but not required.
• Entrepreneurial mindset.
• Strong communication skills both written and verbal.
• Desire to help families and businesses to address their financial needs.
• Strong business acumen.
• Professional business demeanor.
• Perseverance in the face of a challenge
• Ability to engage your community and leverage personal networks/contacts
How we will compensate you:
You have the power to determine your own income with our commission-based compensation. In 2022, the average income of our agents under the N8 and N9 Agent’s Contract who met annual minimum sales production requirements was $115,917.1 Individual agent performance will determine your income. Benefits include medical, dental, vision, life, and disability insurance, as well as a 401(k) and pension.2
New York Life has been helping generations of Americans attaining their financial goals through our nation-wide agent force for more than 175 years. Our agents’ abilities are advanced through our award-winning training, product offerings, agent support, opportunity for advancement, personal and professional growth, and broad-spectrum marketing. New York Life innovatively strides the
cutting edge in client servicing, systematically paves the way for success with tested processes and is actively immersed with you in achieving your desired career objectives.
Build relationships with clients and help them achieve their financial goals, while building a great career for yourselves in the process. Utilizing our expansive product lines, our Agents work to guide individuals, families and businesses towards the financial goals that they envision. That is no easy task, but for the right person it can be a truly rewarding career with the potential for growth opportunities.
1 Based on 2022 company data for 7,603 agents operating under our N9 and N8 Agent’s Contracts in all states, without persistency bonus, who were active as of December 31, 2022. N9 is the current contract for new financial professionals. N8 contracts were issued to new financial professionals prior to April 2004. Contracts determine your compensation and benefits. Sales production requirements are determined annually by the company. Historical agent incomes are provided for informational purposes only. Agent income is not guaranteed. Income is dependent upon the sales of each agent. Agent compensation is commission-based and determined through the ledger process. Overall compensation includes positive income credits for commissions based on actual sales and certain allowances or incentives, if eligible, based upon persistency and production, as well as debits associated with commission reversals, authorized expenses, and other items. Each credit and debit posted to the Agent’s Ledger is part of determining the agent’s compensation and no individual credit posted to the ledger is earned until the ledger reconciliation process is complete. Agents receive payments equal to the positive balance on the Agent’s Ledger after the credits and debits are applied.
2 This is necessarily brief and provides only general descriptions of the benefits available to eligible agents 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. In the event of any conflict between the information herein and the provisions of the plan documents, the plan documents will govern. The company reserves the right to amend or terminate the benefit plans described herein at any time for any reason.
New York Life Insurance Company is an equal opportunity employer M/F/Veteran/Disability/Sexual Orientation/Gender Identity
Company DescriptionAbout New York LifeNew 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 strength3
• A++ Superior (A.M. Best)
• AAA Exceptionally Strong (Fitch)
• Aaa Exceptional (Moody’s)
• AA+ Very Strong (Standard & Poor’s)
We’re proud of our positions in the industry4
• New York Life named a 2021 “Elite Gold Organization” by Chief Learning Officer magazine5
• Training Magazine’s Training Top 100 for 20216
We’re proud to be recognized by organizations that also value diversity
• Latino Leaders: 2022 Best Companies for Latinos to Work
• 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 clients7
• 5.5 million lives Protected (includes all owners of individual life insurance and annuity policies)
• $4.9 Billion in living benefits awarded (includes life and annuity cash value accumulation and qualifying policy dividends paid.
Dividends are not guaranteed)
• $938 million lifetime annuity paid (includes all payouts on individual income annuity products)
• Over $1.1 trillion life insurance protection in force (includes term, whole and universal life)Company DescriptionAbout New York Life\r
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\r
generations of Americans protect their families and attain their financial goals. As a mutual company, we are accountable only\r
to our policyholders, not to Wall Street or outside investors. We are focused on long-term success for our clients. To prepare\r
for the future, we are constantly innovating and looking ahead to find more ways to increase value for our clients.\r
Awards & Accolades\r
We’re proud of our financial strength3\r
• A++ Superior (A.M. Best)\r
• AAA Exceptionally Strong (Fitch)\r
• Aaa Exceptional (Moody’s)\r
• AA+ Very Strong (Standard & Poor’s)\r
We’re proud of our positions in the industry4\r
• New York Life named a 2021 “Elite Gold Organization” by Chief Learning Officer magazine5\r
• Training Magazine’s Training Top 100 for 20216\r
We’re proud to be recognized by organizations that also value diversity\r
• Latino Leaders: 2022 Best Companies for Latinos to Work\r
• Human Rights Campaign: 2022 Corporate Equality Index\r
• Forbes 2022: America’s Best Employers for Diversity\r
We’re proud of the help we’ve provided and continue to provide our clients7\r
• 5.5 million lives Protected (includes all owners of individual life insurance and annuity policies)\r
• $4.9 Billion in living benefits awarded (includes life and annuity cash value accumulation and qualifying policy dividends paid.\r
Dividends are not guaranteed)\r
• $938 million lifetime annuity paid (includes all payouts on individual income annuity products)\r
• Over $1.1 trillion life insurance protection in force (includes term, whole and universal life)
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