New York Life seeks to hire 3,600 financial professionals in 2014, with more than half to be women or individuals who represent the cultural markets. The company hired 3,460 full-time agents in 2013 and, since 2007, has recorded 9.4 percent growth of its agent force.
New York Life said that, in 2013, 62 percent of its new hires in the field were women or individuals who represent the cultural markets. The company committed to hiring those serving the African-American, Chinese, Hispanic, Korean, South Asian and Vietnamese markets in the United States in 2014. Agents serving the cultural markets accounted for 46 percent of the company’s new life insurance sales in 2013.
New York Life said it led new agent membership in the Million Dollar Round Table (MDRT) a milestone for those demonstrating knowledge, experience, client service and sales achievement in the United States for the 59th consecutive year in 2013. New York Life led female membership in the United States, accounting for 29 percent of the 1,180 female MDRT members.
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