Senior Associate, Sponsored Marketing Agreement Analyst

Company: New York Life Insurance Company
Location: New York
Posted on: January 27, 2025

Job Description:

Senior Associate, Sponsored Marketing Agreement AnalystBusiness Unit OverviewOur Agency distribution system is the cornerstone of New York Life, where dedicated individuals like you connect with clients and build lifelong relationships. As part of our team, you'll equip agents with the tools and training they need to thrive. Your work helps foster financial security for countless individuals, shaping their futures and contributing to the growth of the business.Role Overview:This individual will assist in developing, directing, implementing, and maintaining a business plan to achieve sales and growth goals for the Sponsored Marketing Programs. You will help build, enhance, and direct the relationships with SMA providers contracted with New York Life.What You'll Do:

• Manage the existing life and group medical insurance sponsored marketing agreement which includes development and implementation of sales and marketing strategies.
• Respond to daily inquiries received via phone or email in reference to the sponsored programs.
• Provide support to our partners and NYL field force, financial tracking and reporting.
• Be the first line liaison between the agent force and SMA partners.
• Ensure that agents' submissions meet the criteria for SMA business.
• Provide company contracting to agents.
• Confirm that Council Credits are properly submitted for qualified business.
• Daily dialogue with CVP discussing all submissions, proposed exceptions, and placements.What You'll Bring:
• Bachelor's degree and/or equivalent experience.
• 2-4 years minimum relevant analytical experience.
• Microsoft Office suite of products; specifically, Excel, PowerPoint, and Word.
• Requires high proficiency in Excel with knowledge and ability to spreadsheet and present.
• Must quickly learn the nuances of the Sponsored Marketing offerings, how to contract, council credits.
• Strong leadership ability to take ownership of reports and presentations, keeping the management continually updated.
• Sound decision-making ability for approval and exceptions for 3rd party partners as situations dictate.
• Must possess strong verbal and written communication skills.Pay TransparencySalary Range: $62,500 - $105,000Discretionary bonus eligible: YesActual 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.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.Our Diversity PromiseWe believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture.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.Job Requisition ID: 91221About NY Life Insurance CompanyDiversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth.As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities.
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Keywords: New York Life Insurance Company, Mount Vernon , Senior Associate, Sponsored Marketing Agreement Analyst, Advertising , New York, New York