Development Manager

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San Jose, CA
60K-85K Annually
7+ Years Experience
Insurance
The Role

Location Designation: Fully Onsite

When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

New York Life's primary distribution channel is the career Agency sales force of more than 12,000 agents, operating in virtually every major city in the United States. Every agent is affiliated with one of our General Offices. These offices are operated by Agency management teams responsible for agent and management recruiting, development, and sales. Some agents operate their businesses out of our General Offices, while others maintain independent office locations.

Our General Offices are divided up among four Zones. In addition to our Zone offices, an Agency Home Office team responsible for strategy, finance, administration, standards, training, marketing and communications supports our agents and field managers. The Agency operation also comprises teams charged with growing our business in key market segments, including the middle-income market, the advanced (high-net-worth) market and select cultural markets. Agents sell individual life insurance, individual annuities, and long-term care insurance products, as well as mutual funds.

This position will support the Silicon Valley GO.

Role Overview

  • Drive, monitor and support New Org Agent retention and production efforts.
  • Properly implement NYLIC University's Blended Learning Curriculum and Critical Selling Skills Systems. This includes notifying Agents of course deadlines and virtual session offerings as well as preparation for the facilitated delivery of Group Instruction and Drill (GID) sessions / Skill Builders.
  • Understand NYLIC University Online. This includes system navigation for both Development Manager and Agent users, assigning scheduled offerings, assessment review and tracking and curriculum and regulated course reporting.
  • Understand and remain current with NYL Central implementation. Assure Agents are aware of and continuously trained to leverage new system features and functionalities upon release (specific to Sales Central and Marketing Central at this time).
  • Build partnerships with the General Office (GO) Field Management Team to assure the Field Development System (FDS) is implemented and executed effectively. This includes conducting and scheduling Field Observation and Demonstration (FOD) sessions with Agents (to assist with case preparation and the presenting/closing of sales), Agent Development Planning Meetings with the Field Management Team in addition to supporting Monthly and Annual Plan Meetings.
  • Lead National Prospecting Week efforts at the GO level to assure Agent prospecting activities are scheduled, planned and executed accordingly.
  • Channel, drive and promote sales initiatives and incentives with Agents, GO Field Management Teams and the Zone. Develop a solid knowledge-base of NYLIC products.
  • Work with the Managing Partner to ensure the complete and proper implementation of the FDS system in the General Office. This includes conducting Performance Review and Planning sessions with agents, conducting Agent Development Planning meetings with Partners and Managing Partners, assisting with Monthly Planning Meetings, and Annual Planning meetings.
  • Effectively train agents to gather names through prospecting process of referrals, social media mining, networking, community events, and center of influence development.
  • Effective with technology to enable training and support in virtual environment.

Key Competencies

  • Persuasive, Verbal and Written Communication Skills
  • Performance Management
  • Facilitating Groups
  • Coaching
  • Developing, Empowering and Influencing Others
  • Providing Motivational Support
  • Goal, Impact and Result Oriented
  • Adaptability and Flexibility
  • Leading Change
  • Problem Solving
  • Planning and Strategizing
  • Ability to mentor other DMs
  • Demonstration of effective FOD and IDD
  • Can lead one on one Development Conversations with Partners

Job Requirements

  • Bachelor's Degree preferred
  • Two-time Council qualifier with a solid Life Case Rate (specific to internal applicants) or Previous PF2 experience
  • Valid State Life and Health Licenses
  • FINRA Registrations- Series 6 & 63

Salary range: $60,000-$85,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: Yes

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 90138

The Company
HQ: New York, NY
34,623 Employees
On-site Workplace
Year Founded: 1845

What We Do

For over 175 years, we've been helping people put love into action. As a mutual company owned by our policyholders*, we hold ourselves to the highest standards of transparency, objectivity, and integrity. Recognized as one of Fortune’s World’s Most Admired Companies**, we’re committed to improving local communities through a culture of giving and volunteerism, supported by our own New York Life Foundation.

Join a company that values development, career growth, collaboration, innovation, and diversity & inclusion. Through various resources and programs, you can grow your career while developing personally and professionally. We invite you to bring your talents here, so we can continue the good to help families and businesses “Be Good at Life.”


*New York Life Insurance Company (NYLIC) is a mutual insurance company, which means it is not publicly traded and has no shareholders. References to ownership refer to NYLIC's policyowners who purchase its participating products. These policyowners share certain membership rights, such as voting in board of directors elections and being eligible to share in annual dividends that are declared by the board. NYLIC is also the parent company of two other wholly owned life insurance subsidiaries. Policies issued by these subsidiaries are not participating and do not share in these rights.
**New York Life Insurance Company claimed the top position in the Insurance: Life and Health category of the annual ranking of corporate reputation on Fortune’s 2021 World's Most Admired Companies list. Rankings are determined by a proprietary formula that weights nine criteria to create an overall score. Please visit https://fortune.com/franchise-list-page/methodology-worlds-most-admired- companies-2021/ for methodologies.

New York Life is an Equal Opportunity Employer M/F/Disability/Veteran/Sexual Orientation/Gender Identity

New York Life Insurance Company, New York, NY
SMRU 1935869 Exp. 07.30.2022

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