Fast Track Management

New York Life - Bethesda, MD

Fast Track Management

Bethesda, MD
Full Time
Paid
  • Responsibilities

    Are you prepared to start an exciting leadership journey in Bethesda, Maryland? Seize the chance 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. New York Life Insurance Company is committed to robust financial management, premium products, and exceptional service to aid clients in developing enduring financial plans. Our financial specialists provide a variety 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, granting you priceless hands-on experience. Upon fulfilling program criteria, you will advance to a management position as an Associate Partner. In this role, your responsibilities will involve recruiting and guiding a team of financial professionals. Furthermore, you will partake in the Associate Partner Training Program, an intensive six-month course crafted to equip you for managerial triumph. Eligibility Requirements: * MBA completion within the past 24 months * Previous management experience or business ownership Preferred Qualifications: * Possession of a Life and Health License * FINRA registrations; Series 6 or 7 and Series 63 * Prior sales experience Why Opt for New York Life? New York Life delivers exceptional training initiatives, a competitive compensation bundle, and unwavering assistance to our financial professionals and managers. Our dedicated teams at the General Office and corporate headquarters labor tirelessly to aid our managers in making a positive impact on their agents and communities. Our vast resources encompass: * The NYLIC University training program, extending continuous support and advancement throughout your career * Tuition reimbursement program for designated advanced professional 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 proficient product consultants, extensively trained to fulfill your agents' client acquisition requirements About New York Life: Acknowledged as one of the most esteemed financial firms in the United States, New York Life is a constant figure on the Fortune 100 list. We hold the highest achievable financial strength ratings for any life insurer from top ratings agencies: Standard & Poor's (AA+), A.M. Best (A++), Moody's (Aaa), and Fitch (AAA). With over sixty years of industry leadership, we boast the most US members of the Million Dollar Round Table, the epitome 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 enhance investment returns and manage risks in line with New York Life's goals and regulatory standards, specifically in Bethesda, MD, US. • Oversee budgeting processes, financial forecasting, and performance evaluations to ensure effective fiscal management and boost profitability at the Bethesda, MD, US site. • Offer expert financial advice and direction to senior management, providing insights on capital allocation, investment prospects, and strategies for reducing costs customized for the Bethesda, MD, US context. • Establish and nurture relationships with external stakeholders like investors, financial institutions, and regulatory bodies to ensure compliance with transparency regulations within Bethesda, MD, US. • Manage a team of financial analysts and professionals, fostering a collaborative environment focused on reaching departmental objectives and supporting the organization's expansion in Bethesda, MD, US. Qualifications: • To qualify for the Fast Track Management Program in Bethesda, MD, US, candidates should have obtained an MBA in the last 2 years. • Candidates who have prior experience in management roles or owning a business are eligible for the program. • While not mandatory, having a Life and Health License is advantageous for candidates applying. • Desired qualifications for applicants include holding FINRA registrations such as Series 6 or 7 and Series 63. • Previous experience in sales is considered positively during the evaluation process of applications. Compensation: $115,000 yearly

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    • Develop and execute financial strategies to enhance investment returns and manage risks in line with New York Life's goals and regulatory standards, specifically in Bethesda, MD, US. •
    • Oversee budgeting processes, financial forecasting, and performance evaluations to ensure effective fiscal management and boost profitability at the Bethesda, MD, US site. •
    • Offer expert financial advice and direction to senior management, providing insights on capital allocation, investment prospects, and strategies for reducing costs customized for the Bethesda, MD, US context. •
    • Establish and nurture relationships with external stakeholders like investors, financial institutions, and regulatory bodies to ensure compliance with transparency regulations within Bethesda, MD, US. •
    • Manage a team of financial analysts and professionals, fostering a collaborative environment focused on reaching departmental objectives and supporting the organization's expansion in Bethesda, MD, US.

  • Compensation
    $115,000 per year