Fast Track Management

New York Life - Bethesda, MD

Fast Track Management

Bethesda, MD
Full Time
Paid
  • Responsibilities

    Are you prepared to start an exhilarating leadership journey in Bethesda, Maryland? Seize the opportunity to join the Fast Track Management Program at New York Life Insurance Company and expedite your progression to management and career growth in just one year. Overview: At New York Life Insurance Company, our commitment lies in solid financial management, top-notch products, and exceptional service to aid clients in constructing enduring financial plans. Our financial specialists provide an array of financial products and services, including life insurance, fixed and variable annuities, and mutual funds. Enrolling in our Fast Track Management Program jumpstarts your career as a financial professional, offering invaluable hands-on experience. Upon fulfilling program requirements, you will advance to a management position as an Associate Partner. As an Associate Partner, your responsibilities will encompass recruiting and guiding a team of financial professionals. Furthermore, you will partake in the Associate Partner Training Program, a rigorous six-month initiative tailored to equip you for managerial triumph. Eligibility Criteria: Completion of an MBA within the past 24 months Prior experience in management or as a business owner Desired Qualifications: Possession of a Life and Health License FINRA registrations; Series 6 or 7 and Series 63 Previous sales experience Why Choose New York Life?New York Life offers exceptional training schemes, a competitive compensation package, and unwavering support to our financial professionals and managers. Our dedicated teams at the General Office and corporate headquarters labor diligently to assist our managers in making a positive impact on their agents and communities. Our extensive resources include The NYLIC University training program, furnishing continuous support and development throughout your career, alongside a tuition reimbursement program for specific advanced professional designation courses. Three expert teams providing advanced market support: - Our Advanced Planning Group - Eagle Strategies for eligible agents who are also Registered Representatives - The Nautilus Group for qualifying agents who choose a monthly subscription A team of adept product consultants, extensively trained to cater to your agents' client acquisition requirements About New York Life: Renowned as one of the most esteemed financial firms in the United States, New York Life is a consistent fixture on the Fortune 100 list. We hold the highest financial strength ratings attainable for any life insurer from leading ratings agencies: Standard Poor's (AA+), A.M. Best (A++), Moody's (Aaa), and Fitch (AAA). With over six decades of industry leadership, we boast the most US members of the Million Dollar Round Table, the pinnacle of excellence in life insurance sales performance within the insurance and financial services sector. Securities are exclusively offered by duly licensed Registered Representatives of NYLIFE Securities LLC (member FINRA/SIPC). Responsibilities: • Develop and execute financial strategies to maximize investment returns and manage risks according to New York Life's goals and regulatory standards in Bethesda, MD, US. • Oversee budgeting processes, financial forecasting, and performance evaluations to ensure effective fiscal management and enhance profitability within the Bethesda, MD, US location. • Provide expert financial guidance and leadership to senior management, offering insights on capital allocation, investment opportunities, and strategies for cost reduction specifically in the Bethesda, MD, US setting. • Establish and nurture relationships with external stakeholders, including investors, financial institutions, and regulatory bodies, to ensure compliance with transparency regulations within Bethesda, MD, US. • Lead a team of financial analysts and professionals, cultivating a collaborative environment dedicated to achieving departmental objectives and supporting the expansion of the organization in Bethesda, MD, US. Qualifications: • To be considered for the Fast Track Management Program in Bethesda, MD, US, candidates must have completed an MBA within the last 2 years. • Individuals with prior managerial experience or business ownership are also eligible to meet the program requirements. • While not compulsory, possessing a Life and Health License is advantageous for applicants. • Desired qualifications include holding FINRA registrations like Series 6 or 7 and Series 63. • Previous sales background is viewed favorably during the application evaluation process. Compensation: $115,000 yearly

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    • Develop and execute financial strategies to maximize investment returns and manage risks according to New York Life's goals and regulatory standards in Bethesda, MD, US. •
    • Oversee budgeting processes, financial forecasting, and performance evaluations to ensure effective fiscal management and enhance profitability within the Bethesda, MD, US location. •
    • Provide expert financial guidance and leadership to senior management, offering insights on capital allocation, investment opportunities, and strategies for cost reduction specifically in the Bethesda, MD, US setting. •
    • Establish and nurture relationships with external stakeholders, including investors, financial institutions, and regulatory bodies, to ensure compliance with transparency regulations within Bethesda, MD, US. •
    • Lead a team of financial analysts and professionals, cultivating a collaborative environment dedicated to achieving departmental objectives and supporting the expansion of the organization in Bethesda, MD, US.

  • Compensation
    $115,000 per year