Financial Professional
5 days ago
Uniondale
Financial Professional
Are you a leader who has the following traits?
• Competitive
• Entrepreneurial
• Coachable
• Communicative
• Self-disciplined
• Authentic
If the answer is yes, consider becoming an insurance agent* to drive positive impact in the lives of families every day. At New
York Life, you’re in control of your career journey. Backed by a Fortune 100 company that is a leader in the financial services
industry, New York Life will invest in you from the start, training you in valuable skills such as marketing, customer relationship
management (CRM) and communication, and providing you with a development team and sales support to guide your success.
What we’re looking for...
We’re looking for people who want to make a lasting impact on the financial well-being of individuals, families, and small
businesses. This is not just a sales job—it’s a career with purpose and opportunity. You’ll provide peace of mind to your clients
while helping them navigate challenges that many of them find complex and confusing, such as preparing for retirement and
saving for college. As an insurance agent, you will have the opportunity to see the positive impact of your work for years to
come. You will grow personally and professionally along with your clients. What we offer... Training and development
We’ll equip and train you with a multifaceted approach that includes an industry-leading learning platform, personalized
coaching from dedicated training professionals, and the ability to obtain industry professional designations. We are so
committed to training that we’ll subsidize it in your first two full-time contract years, providing you with additional funds,
if you qualify, to help keep you on your feet while you complete our training program and grow your business. You’ll also be
eligible to get rewarded and acknowledged with sales incentives and professional-development trips for our top-performing
insurance agents.
Digital tools
Beyond this training and support, New York Life will equip you with the tools you need to succeed day-to-day, including experts
on hand to answer your questions and a suite of digital sales, prospecting, and marketing tools that will help you attract and
retain your clients with web, social, and email content.
Products and solutions
Together with its subsidiaries, New York Life provides a range of products, including life insurance, annuities, long-term care
insurance, disability income insurance, and investment products such as mutual funds1 through our broker-dealer arm, NYLIFE
Securities LLC (member of FINRA and SIPC), a Licensed Insurance Agency, ensuring that the solutions you develop with
your clients can help them and their families achieve their financial goals. You’ll also be able to specialize and gain expertise in
different areas, such as by becoming a financial advisor with Eagle Strategies LLC, our investment advisory division, to offer
wealth management and advisory services,2 estate planning strategies, and business solutions. Human guidance When you join New York Life, you’re joining a strong team with peer-to-peer support options like study groups, mentorship,
and other opportunities to engage with your fellow insurance agents. How we will compensate you. You have the power to determine your own income with our
commission-based compensation.3 In 2023, the average income
of our agents under the N8 and N9 Agent’s Contract who met
annual minimum sales production requirements was $117,359.4
Individual agent performance will determine your income.
Benefits for full-time agents include medical, dental, vision,
life, and disability insurance, as well as a 401(k) and pension.5 About New York Life... 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 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 the long-term success
of our clients. Awards & Accolades...
We’re proud of our financial strength.6
• A++ Superior (A.M. Best)
• AAA Exceptionally Strong (Fitch)
• Aaa Exceptional (Moody’s)
• AA+ Very Strong (Standard & Poor’s)
We’re proud of the training we offer.7
• Chief Learning Officer: 2023 CLO Learning Elite
Gold award
We’re proud to be recognized by organizations that also
value diversity.
• Human Rights Campaign: 2023/2024 Corporate
Equality Index
• Forbes 2023: America’s Best Employers for Diversity
• Seramount: 2023 Best Companies for Multicultural Women
We’re proud of the help we’ve provided and continue to
provide our clients.8
• 5.3 million LIVES PROTECTED. Includes all owners of
individual life insurance and annuity policies
• $937 million LIFETIME ANNUITY INCOME PAID. Includes
all payouts on individual income annuity products.
• $5 billion IN LIVING BENEFITS AWARDED. Includes
life and annuity cash value accumulation and qualifying
policy dividends paid. Dividends are not guaranteed.
• Over $1.2 trillion LIFE INSURANCE PROTECTION IN
FORCE. Includes term, whole, and universal life.9
The terms ”agent” and ”financial professional” are used interchangeably throughout this brochure and refer to someone who is in a sales role under an
agent contract. Offered by properly licensed registered representatives through NYLIFE Securities (member FINRA/SIPC), a Licensed Insurance Agency and a New York Life company.
Wealth management and advisory services offered by Financial Advisors of Eagle Strategies LLC, a Registered Investment Adviser and a New York Life company.
Qualification requirements include but are not limited to applicable FINRA general securities, agent state law, investment advisory licenses, compliance history,
production standards, and required training. Requirements are subject to change.
If you qualify for an Introductory (PTAS) Contract, you will preview an agent career with New York Life as an independent contractor while continuing to work
at your current job, with limited exceptions. PTAS Agents are not eligible for benefits. During this preview period of up to six months, any sales you make will
continue to accrue until you either make enough sales to become a full-time agent under a Training Allowance Subsidy (TAS) Contract or the passage of six
months, whichever is earlier. If you do not become a full-time agent, all commissions on any sales you made will be paid to you at the end of six months. If you
become a full time agent under a TAS Contract, you will be credited with the commissions you accrued under the Introductory Contract. Based on 2023 company data for 8,156 agents operating under our N9 and N8 Agent’s Contracts in all states, without persistency bonus, who were active as
of December 31, 2023. 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. 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 continues to receive the highest financial strength ratings currently awarded to any life insurer in the U.S. from all four major
rating agencies. Source: Individual Third-Party Ratings Reports: A.M. Best A++, Fitch Ratings AAA, Moody’s Aaa, and Standard & Poor’s AA+ (as of 11/17/2023). The ratings do not apply to investment products as they are subject to market risk and will fluctuate in value.
