New York Life ASSOCIATE, Development Manager in Dallas, Texas
New York Life Insurance Company (“New York Life” or “the company”) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2015 operating earnings of $1.875 billion. Total assets under management at year end 2015, with affiliates, totaled $528 billion. New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+. (Source: Individual Third Party Ratings Report as of 8/11/15).
Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.
Duties and responsibilities of the Associate Development Manager for the Dallas GO.
The purpose of this position is to provide for the implementation of the NYLIC University Curriculum for allagents. The person in this position works closely with New Agents to teach them the skills and knowledgeneeded to become successful Established Agents and assist in case development. This is the entry level positionfor Development Managers.
Ensure the complete and proper implementation of the NYLIC University Curriculum and systems. This includesthe preparation for and the conducting of Group Instruction and drill, Individual Instruction and Drill, and FieldObservation and Demonstration.
Work with the Senior Sales Development Manager and Managing Partner to ensure the complete and properimplementation of the GOLD system in the General Office. This includes conducting Performance Review andPlanning sessions with agents, conducting Agent Development Planning meetings with Partners and ManagingPartners, assisting with Monthly Planning Meetings, and Annual Planning meetings.
Sales promotion: Assisting in the communication to agents of General Office, Zone and Home Officepromotions. Assisting agents with case preparation and in the field conducting Field Observation andDemonstration as well as assisting in presenting and closing sales.
Learning the GOLD system and how to properly implement the GOLD systems in the General Office. Learningthe NYLIC University Systems, company resources, and how to properly implement them in the General Office.Learning the skills necessary to develop agents; classroom facilitation skills, etc. Develop a working knowledgeof NYLIC Products.
Valid state life and health licenses
FINRA Registrations, Series 6, 63 within 12 months of hire
FINRA Series 26 registration within 120 days of completion of Series 6, 63
Good written and oral communication skills
1 year Council qualification as an agent or equivalent
Decision Making/Nature of Impact:
- Makes recommendations to the Zone Training Officer and the Managing Partner concerning GO training eventsand initiatives
Strong verbal and written communication skills
Ability to interface at various levels (GO management staff, Agents, HO staff, ASC’s)
Good group presentation skills
Excellent communication and rapport with the agents and managers in the General Office
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*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, June 15, 2015. Seehttp://fortune.com/fortune500/2015/ for methodology.
Operating earnings is the key measure use by management to track Company’s profitability from ongoing operations and underlying profitability of the business. This indicator is based on generally accepted accounting principles in the US(GAAP), with certain adjustments Company believes to be appropriate as a measurement approach ( non GAAP), primarily the removal of gains or losses on investments and related adjustments.
Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.
Date: Oct 10, 2016
Location: Dallas, TX, US
Company: New York Life Insurance Co
Job Segment: Accounting, Manager, Finance, Management, Entry Level
Nearest Major Market: Dallas
Nearest Secondary Market: Fort Worth