New York Life Insurance Co

Corporate Vice President, Senior Account Executive

New York Life Insurance Co$140K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Life, Accident, Disability, or Leave coverage
  • BA/BS degree or equivalent experience
  • Life and Health Insurance licenses preferred
  • Strong negotiation and influencing skills
  • Proficiency in MS Office and technology tools
  • Excellent communication and interpersonal skills
  • Valid driver's license with ability to travel domestically up to 30%

Responsibilities

  • Act as a knowledgeable resource for clients' needs
  • Proactively address routine and complex client issues
  • Collaborate with underwriting, sales, and service teams
  • Identify and present growth opportunities for clients
  • Manage multiple tasks efficiently and prioritize effectively
  • Participate in the renewal process including negotiations
  • Attend industry events to build knowledge and relationships

Benefits

  • Comprehensive insurance and absence management solutions
  • Flexible work environment with hybrid model
  • Leave programs and adoption assistance
  • Student loan repayment programs
  • Ongoing training and mentor opportunities
  • Focus on employee well-being and financial security
Full Job Description
Location Designation: Hybrid - 2 days per week

Group Benefit Solutions deliverscomprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life's legacy of beingthere when we're needed most. Here, you'll design, implement, and support these solutions directly impacting employees' lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.

Role Overview:

The Senior Account Executive role is a key part of our Group Benefit Solutions distribution organization that focuses on managing business relationships on inforce client's mid/large size. (500-4,999 lives) The Account Executive will ensure exceptional service with clients and local brokers and is responsible for proactive growth (upselling and cross selling), as well as the profitability and retention on an assigned book of business. We are seeking a candidate that is a self-starter who likes building relationships and driving sales opportunities that will thrive in a fast-paced environment.

What You'll Do:
• Act as a knowledgeable resource regarding internal and external systems and processes to meet client needs.
• Proactively address routine and complex issues with assertiveness and high energy.
• Collaborate with underwriting, sales, and service partners within a matrix organization.
• Demonstrate strong active listening, written, and verbal skills.
• Identify and present client growth opportunities, ensuring successful implementation with matrix partners.
• Manage multiple tasks efficiently, prioritizing as necessary.
• Stay informed about insurance coverages, products, and industry updates to provide exceptional client and broker service.
• Drive profitable growth and retention through deep client and producer relationships.
• Participate in the renewal process, including negotiations and policy changes.
• Attend industry events to expand knowledge and relationships.
• Maintain compliance tracking and participate in new hire and ongoing training.
• Mentor others and contribute to special projects and process improvements.
• Foster team success while achieving individual goals, maintaining honesty and respect in all dealings.
• Communicate effectively to enhance productivity and build respectful relationships.

What You'll Bring:
• Candidate must live in the Chicagoland Region.
• Excellent verbal and written communication, presentation, and interpersonal skills.
• A BA/BS degree and/or equivalent experience.
• 5+ years' experience in Life / Accident / Disability / Leave required.
• Life and Health Insurance licenses are preferred; or ability to obtain these licenses within 90 days of hire.
• Proficiency in MS Office and the ability to use and present technology and online tools effectively.
• Strong negotiation and influencing skills.
• A customer-focused approach, organizational agility, problem-solving ability, and perseverance.
• Valid driver's license required.
• The ability to travel domestically and overnight up to 30%.

Location Designation:

Hybrid (Tuesday / Thursday In office) // 222 West Adams Street, Chicago, IL 60606

#LI-SV1

#LI-HYBRID

Pay Transparency

Salary range: $140,000 - $160,000 (Base + Sales Incentive)

Overtime eligible: Exempt

Discretionary bonus eligible: No

Sales bonus eligible: Yes

Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location.In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Job Requisition ID: 94336

#GBS

About New York Life Insurance Co

New York Life Insurance Company is a mutual life insurance company in the United States and one of the life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. New York Life and its subsidiaries provide insurance, investment, and retirement solutions. For 175 years, the company has been helping people put their love into action. It was founded in 1845 and is headquartered in New York.

New York Life Insurance Co Careers

Join the esteemed team at New York Life Insurance Co, a leader in the insurance industry, and propel your career to new heights with unparalleled job opportunities. As one of the most respected names in life insurance, we offer a platform where professionalism meets innovation, creating an environment ripe for personal and professional growth.

Work You’ll Do

At New York Life Insurance Co, you will be part of a culture that cherishes diversity and fosters leadership. Our team is composed of skilled professionals dedicated to providing financial security and peace of mind to our clients. By joining us, you will collaborate with top-tier experts in finance and insurance, leveraging your skills to make a meaningful impact.

Explore Career Paths

Whether you are seeking an internship, a full-time position, or a leadership role, New York Life Insurance Co provides a variety of career paths to help you achieve your professional goals. Our commitment to career development is evident through extensive training programs and continuous learning opportunities that ensure our team remains at the forefront of the industry.

Innovate and Lead

Embrace the opportunity to lead projects that drive innovation within the company and the insurance industry. New York Life Insurance Co is at the intersection of tradition and innovation, where we constantly strive to develop solutions that anticipate the needs of our clients.

Be Part of a Great Team

Our team at New York Life Insurance Co is our greatest asset. We thrive on collaboration and respect each other’s contributions, creating a supportive and inclusive workplace. Here, networking and mentorship go hand in hand with day-to-day operations, providing a robust support system for career advancement.

Future-Proof Your Career

With New York Life Insurance Co, your career is future-proofed with endless opportunities for advancement. Our comprehensive benefits package supports your life both inside and outside of work, while our leadership and diversity training prepare you to take on new challenges.

Join Our Team

Search for open positions that match your skills and interests. We are hiring creative, curious, and motivated individuals who are ready to drive their careers forward. Explore our job opportunities and find out how your talents can make a difference at New York Life Insurance Co.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news through our Careers Blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences, and discover the exciting and rewarding opportunities that await at New York Life Insurance Co.

Prepare for Your Interview

Ready to join us? Prepare your resume and sharpen your interview skills to become part of a company that values vision, leadership, and a commitment to excellence. At New York Life Insurance Co, we are not just offering a job; we are offering a pathway to success.

New York Life Insurance Co – A Place Where Careers Are Made

From fostering innovation to encouraging diversity, New York Life Insurance Co is where you can pursue your passions and grow your career. Join us and make a difference in the lives of our clients and communities every day.
Learn more about New York Life Insurance Co
Size
11,960 employees
Industry
Founded
1845

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