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March 13, 2013updated 13 Apr 2017 8:40am

New York Life to Hire More than 3,700 Financial Representatives in 2013 with Special Focus on Women and Cultural Markets

New York Life announced that the company hired 3,597 full-time agents last year, continuing its strong trend of hiring over the past several years.

By Verdict Staff

Since 2007 the company has recorded 11% growth of its agent force. It seeks to hire 3,700 financial professionals in 2013, with more than half to be women or individuals who represent the cultural markets.

"New York Life has found success hiring individuals from various backgrounds, especially those seeking a career change. Our agents can customize their career path to match their personal goals whether that means enjoying a lifelong career as an agent or pursuing a career in management," said Rich Simonetti, senior vice president of field recruiting and development at New York Life. "We are seeking individuals to join the more than 12,250 New York Life agents who live and work in communities across the country and are very proud of their responsibility to bring financial security to families and businesses in their regions."

Mr. Simonetti noted that New York Life led new agent membership in the Million Dollar Round Table (MDRT) in the United States for the 58th consecutive year in 2012. Membership in MDRT is a distinguishing life insurance career milestone for those demonstrating superior professional knowledge, experience and client service.

"New agents are pleased to find they are supported by full-time managers and trainers in every office and by product specialists across the country. The company continues to invest significantly in training new and experienced agents, with the ultimate goal being to best serve the financial needs of Americans in the middle income, upper income and high net worth markets," added Mr. Simonetti.

In 2012, 62% of New York Life’s new hires in the field were women or individuals who represent the cultural markets. The company expects similar results in 2013 as it continues its long commitment to hiring and supporting women and individuals serving the African-American, Chinese, Hispanic, Korean, South Asian, and Vietnamese markets.

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