Financial Services Manager

Job Description

Job Description

Program Summary:

Are you looking for an opportunity to leverage your past experience to propel your career into management? At New York Life, we invest in you from day one. Our Accelerated Path to Management Program is designed to train you as a successful financial professional first, before seamlessly transitioning you into a management and recruiting role.

We will provide you with extensive training in marketing, business development, and customer relationship management, equipping you with the digital tools and product knowledge needed to build a lucrative, long-term career.

Who We Are Looking For:

We are looking for highly motivated individuals who want to make a lasting impact on the financial well-being of families and small businesses. To qualify for this fast-tracked management program, you must be able to answer "yes" to at least one of the following:

• Do you have prior sales or managerial experience in another industry?
• Have you previously run or owned your own business?
• Do you hold an MBA or an equivalent advanced degree?

Your Career Path:

Phase 1: Financial Professional (First 12 Months) You will start by learning the business firsthand. You will receive top-notch training on our comprehensive suite of products (life insurance, annuities, long-term care, and investments) while building your own client base. Note: You will be required to hold securities licenses and FINRA registrations to offer investment products through our broker-dealer, NYLIFE Securities LLC.

Phase 2: Transition to Associate Partner (Months 13–18) After meeting specific benchmarks in your first year, you will enter an intensive six-month management training program. You will shift your focus to recruiting, coaching, and leading your own team of financial professionals, with continuous opportunities to be promoted to senior management levels.

Compensation & Benefits:

New York Life highly values and rewards your hard work. Our field managers’ compensation is directly aligned with their recruiting performance and their team's production. (For context, the average income among our 617 recruiters at all levels in 2024 was $285,000).

• Phase 1 Pay: Income during your first year as a financial professional is commission-based with immense upside potential.
• Phase 2 Pay: Once you transition to Associate Partner, you will receive a base salary ranging from $60,000–$150,000 (state/county minimums apply) , PLUS lucrative bonuses and recruiting incentives (R&Ds).
• Comprehensive Benefits: Upon reaching Associate Partner, you are eligible for Medical, Dental, and Vision insurance, Life and Long-Term Disability coverage, a 401(k) savings plan, and a pension plan.