Financial Services Manager Trainee (Accelerated Path)
Location: Spokane, WA
Job Type: fulltime
Company: New York Life
Salary: $65000.0 - $240000.0 per year
Category: Financial Services
Job Description Apply Now
The Financial Services Manager Trainee (Accelerated Path) role offers an exceptional opportunity for individuals seeking a dynamic career in the financial services industry. This position provides a structured path to management while cultivating expertise in insurance, investment, and client relationship management. As part of New York Life, a company committed to ethical service and helping clients achieve financial security, you will begin your journey as a financial professional, learning foundational aspects of the business and developing essential skills for long-term success.
As a Financial Services Manager Trainee, your career begins by establishing and nurturing client relationships. You will guide individuals, families, and small businesses in reaching their financial objectives and preparing for the unexpected. Our structured onboarding and training program equips you with skills in marketing, business development, and customer relationship management. You will receive support from experienced mentors and access to robust digital tools that streamline client acquisition, prospecting, and ongoing communication.
During your first year, you will work directly with clients, gaining firsthand experience in the responsibilities and rewards of being a financial professional. This immersive start ensures you understand the full spectrum of product solutions offered by New York Life, including life insurance, annuities, long-term care insurance, disability income insurance, and a comprehensive suite of investment products through NYLIFE Securities LLC (a FINRA/SIPC member). To offer investment products, you will need to obtain the appropriate securities licenses and affiliate as a registered representative.
Upon successful completion of your initial year and fulfillment of specific performance criteria, you will transition into a specialized six-month management training program. As an Associate Partner, you will learn to recruit, coach, and develop your own team of financial professionals. Your leadership will be instrumental in helping new advisors build successful practices, and you will play a key role in shaping the future of the organization. Continued professional development and opportunities for advancement are integral to this role, offering you a clear pathway to higher levels of management and increased earning potential.
Compensation for the Financial Services Manager Trainee (Accelerated Path) role is highly competitive. Initial earnings as a financial professional are commission-based, reflecting your dedication to client success. Upon advancement to the Associate Partner position, you will receive a salary, with additional compensation tied to your team's recruiting and production performance. The average income among recruiters at all levels at New York Life in 2022 was $240,000, demonstrating significant income potential for driven professionals. In addition to financial rewards, you will be eligible for comprehensive benefits, including medical, dental, and vision insurance, life and disability coverage, a pension plan, and a 401(k) savings plan.
Working as a Financial Services Manager Trainee (Accelerated Path) with New York Life means joining an organization that values integrity, teamwork, and professional growth. You will have access to industry-leading training resources, a collaborative culture, and a mission-driven environment focused on doing right by clients. If you are motivated to make a lasting impact and have a background in sales, management, or entrepreneurship, this is an ideal opportunity to accelerate your career and develop into a respected leader in the financial services field.
New York Life is an Equal Opportunity Employer. We are committed to diversity and inclusion and welcome applicants from all backgrounds to apply for the Financial Services Manager Trainee (Accelerated Path) position. Take the next step in your career journey by clicking the job application button and joining a team dedicated to helping others "Be Good At Life."
Financial Services Manager Trainee (Accelerated Path) - Summary- Structured pathway from financial professional to management roles
- Comprehensive training and mentorship in financial services
- Opportunity to build and lead a team of financial professionals
- Access to advanced digital tools and resources
- Compensation includes commission, salary, and performance incentives
- Develop and manage client relationships, providing tailored financial solutions
- Sell a range of insurance and investment products to meet client needs
- Achieve individual performance targets during the initial year as a financial professional
- Participate in and complete a six-month management training program
- Recruit, mentor, and develop new financial professionals upon promotion
- Utilize marketing, business development, and customer relationship management strategies
- Leverage digital sales tools and resources for effective client management
- Initial commission-based earning structure as a financial professional
- Salary upon advancement to Associate Partner/management
- Additional performance-based compensation for recruiting and team production
- Comprehensive benefits: medical, dental, vision, life, long-term disability, accidental death & dismemberment
- Pension plan and 401(k) savings plan
- Average income among recruiters in 2022 was $240,000
- Experience in sales, management, or business ownership preferred
- MBA or equivalent degree is an asset
- Strong motivation to impact clients' financial well-being
- Ability to meet licensing requirements, including securities licenses for investment products
- Commitment to professional development and leadership
- Entrepreneurial mindset and self-driven
- Excellent interpersonal and communication skills
- Adaptable and eager to learn in a dynamic environment
- Demonstrated leadership potential
- Passion for helping others achieve financial security
- This position provides a fast-track to management for high-performing individuals
- Access to national resources and experienced mentors
- Opportunities for ongoing education, licensing, and career advancement
- Inclusive, mission-driven work environment
Take charge of your future as a Financial Services Manager Trainee (Accelerated Path) by applying today. Click the application button to begin your journey with New York Life and make a meaningful difference in the lives of others.