CVP, Stable Value Investment Only (SVIO)

Location Designation: Fully Remote 

 

 

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.

 

 

We currently have an opening in the Eastern territory for a Corporate Vice President, Stable Value Investment Only Sales within Institutional Annuities.
 

Summary of Responsibilities:

 

The Corporate Vice President, Stable Value Investment Only (SVIO) Sales position is responsible for directing sales efforts for an assigned geographic territory by identifying, developing relationships and work with regional consultants, intermediaries, and advisors in the Defined Contribution space, focusing on selling New York Life Stable Value offerings. This position will cover the Eastern half of the U.S.

 

Specific Duties and Responsibilities:

 

Daily activities of a Corporate Vice President, Stable Value IO Sales will include:

• Represent the full suite of New York Life Stable Value Investment Only products.
• Develop a progressive business plan to increase territory production growth of annual asset sales up to $500m per year with a focus on specific intermediaries within the DCIO space. 
• Build successful relationships with plan advisors, intermediaries and fiduciaries.
• Meet targeted sales activity metrics.
• Manage the full sales process on opportunities sourced in market.  Including but not limited to sales prospecting, pipeline management, client presentations and relationship management.
• Solicit feedback from market constituents on market trends, competitors and growth opportunities.

 

Job Requirements:

 

• 10 years financial services experience
• 7 - 10 years industry experience in the Defined Contribution arena with a major provider
• Proven track record of sales success
• Ongoing growth of key industry relationships
• In depth knowledge of both the Defined Contribution industry and existing relationships with key intermediaries in stated region
• Proven ability to present investment products to advisors, committees, and key decision makers.
• Ability to work closely with New York Life Investment Management and Product teams.

 

It is recommended that all qualified candidates apply to this posting as soon as possible.  Residents of Colorado are hereby notified that the deadline to apply is 2 weeks from the Posting Date listed above.
 

 

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Salary range: $125,000 - $150,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: No 

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.

 

 

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