Financial Professional

Managing Partner of New York Life Southern California,
Tigran Basmadjyan is now hiring:
Join our team and become a Financial Specialist.

• Our Financial Specialists receive professional training

Lead generation support to build your practice

- Mentorship from the industries best leaders
- Attractive and supportive compensation/benefits package with the potential to make significant income

- The opportunity to be in business for yourself, but not by yourself
- Management opportunities for qualified candidates with starting income up to $100,000, plus bonuses!

Tigran Basmadjyan, the Trophy winning* Managing Partner of New York Life Southern California,
Pasadena, Glendale, Century City, has found success hiring individuals from various backgrounds.

“We are seeking individuals to join the more than 400 successful New York Life financial professionals in the Los Angeles area. New York Life continues to invest significantly in training of new and experienced financial specialists, with the ultimate goal of serving the financial needs of the community. Our financial specialists can customize their career path to match their personal goals whether that means enjoying a lifelong career as a Financial Advisor or pursuing a career in management,” said Tigran Basmadjyan, Managing Partner of the Agency.

A legacy built on hard work.

Tigran began his career with New York Life in the Spring of 2004 as an intern in the Los Angeles

General Office. He found his niche working with the affluent pre-retiree marketplace which helped him achieve “Executive Council”2 twice while producing over 100 cases each year in the business.
In the Fall of 2006, Tigran was promoted to Partner and began to develop his team in the Pasadena area. He became the leading Partner and recruiter in the company for 3 straight years, winning several company awards including the “Career Commitment Award” 3. He also qualified to attend the “Gathering of Eagles”4 conference in recognition of his contributions to recruiting and company strength. In the Fall of 2009, Tigran received a promotion to Senior Partner where he continued to select and develop his talented team. In 2011, he won the prestigious “Val Ivanov” award 5 for the best personal performance by a Managing, Executive, or Senior Partner in the 3 key areas of recruiting, new organization production, and retention. As one of the nation’s top Managing Partners, Tigran has led Southern California to an unprecedented 25 National Trophies as of 2020. Tigran resides in Glendale with his wife, Melissa, and four boys, Robert, Alexander, William and Edward.

*Trophies are awarded by New York Life to Partners who achieve top position among their ~600 peers in company-wide recruiting competitions.
1 Agent and Management incomes are not guaranteed by New York Life and are dependent on sales. For illustrative purposes only.
2 Council is an annual company-wide recognition program, based on agent production from July 1 – June 30. Council qualification is the culmination of a successful year.
3 Career Commitment Award is presented to Partners who meet or exceed certain recruiting performance targets set by the company.
4 The Gathering of Eagles is a company-wide event by invitation only and held to recognize the top managers in recruiting and company strength performance.
5 The Val Ivanov Award is awarded to the Managing Partner, Executive Partner or Senior Partner who has the best personal record in recruiting, retention and production of New Organization agents.

New York Life is an equal opportunity employer: M/F/Disability/Veteran/Sexual Orientation/Gender Identity .
SMRU #1897070, Exp. 4/30/2022

Financial Professional - Job Description

Are you a leader who has the following traits?

• Competitive
• Entrepreneurial
• Coachable
• Communicative
• Self-disciplined
• Authentic

If the answer is yes, consider becoming an insurance agent to drive positive impact in the lives of families every day. At New York Life, you’re in control of your career journey. Backed by a Fortune 100 company that is a leader in the financial services industry, New York Life will invest in you from the start, training you in valuable skills such as marketing, customer relationship management (CRM) and communication, and providing you with a development team and sales support to guide your success.

What we’re looking for...

We’re looking for people who want to make a lasting impact on the financial well-being of individuals, families, and small businesses. This is not just a sales job—it’s a career with purpose and opportunity. You’ll provide peace of mind to your clients while helping them navigate challenges that many of them find complex and confusing, such as preparing for retirement and saving for college. As an insurance agent, you will have the opportunity to see the positive impact of your work for years to come. You will grow personally and professionally along with your clients.

What we offer...

Training and development

We’ll equip and train you with a multifaceted approach that includes an industry-leading learning platform, personalized coaching from dedicated training professionals, and the ability to obtain industry professional designations. We are so committed to training that we’ll subsidize it in your first two years, providing you with additional funds to help keep you on your feet while you complete our training program and grow your business. You’ll also get rewarded and acknowledged with sales incentives and professional-development trips for our top-performing insurance agents.

Digital tools

Beyond this training and support, New York Life will equip you with the tools you need to succeed day-to-day, including experts on hand to answer your questions and a suite of digital sales, prospecting, and marketing tools that will help you attract and retain your clients with web, social, and email content.

Products and solutions

Together with its subsidiaries, New York Life provides a range of products, including life insurance, annuities, long-term care insurance, disability income insurance, and investment products such as mutual funds1 through our broker-dealer arm, NYLIFE Securities LLC (member of FINRA and SIPC), a Licensed Insurance Agency, ensuring that the solutions you develop with your clients can help them and their families achieve their financial goals. You’ll also be able to specialize and gain expertise in different areas, such as by becoming a financial advisor with Eagle Strategies LLC, our investment advisory division, to offer wealth management and advisory services,2 estate planning strategies, and business solutions.

Human guidance

When you join New York Life, you’re joining a strong team with peer-to-peer support options like study groups, mentorship, and other opportunities to engage with your fellow insurance agents.

How we will compensate you.

You have the power to determine your own income with our commission-based compensation. In 2022, the average income of our agents under the N8 and N9 Agent’s Contract who met annual minimum sales production requirements was $115,917.3

Individual agent performance will determine your income.

Benefits include medical, dental, vision, life, and disability

insurance, as well as a 401(k) and pension.4

About New York Life...

New York Life is a Fortune 100 company with a long history of doing good. We have been in business for over 175 years, helping generations of Americans protect their families and attain their financial goals. As a mutual company, we are accountable only to our policyholders, not to Wall Street or outside investors. We are focused on the long-term success of our clients.

Awards & Accolades...

We’re proud of our financial strength.5

• A++ Superior (A.M. Best)
• AAA Exceptionally Strong (Fitch)
• Aaa Exceptional (Moody’s)
• AA+ Very Strong (Standard & Poor’s)

We’re proud of the training we offer.6

• Training Magazine’s APEX Award for 2022

We’re proud to be recognized by organizations that also

value diversity.

• Human Rights Campaign: 2022 Corporate Equality Index
• Forbes 2022: America’s Best Employers for Diversity
• Latino Leaders 2022 Best Companies for Latinos to Work For

We’re proud of the help we’ve provided and continue to

provide our clients.7

• 5.3 million LIVES PROTECTED. Includes all owners of

individual life insurance and annuity policies

• $579 million LIFETIME ANNUITY INCOME PAID. Includes

all payouts on individual income annuity products.

• $4.5 billion IN LIVING BENEFITS AWARDED. Includes

life and annuity cash value accumulation and qualifying

policy dividends paid. Dividends are not guaranteed.

• Over $1.2 trillion LIFE INSURANCE PROTECTION IN

FORCE. Includes term, whole, and universal life.8

V1_AR10511_042023 SMRU 5021157.4 (Exp. 04.30.2024)

1. Offered by properly licensed registered representatives through NYLIFE Securities (member FINRA/SIPC), a Licensed Insurance Agency and a New York Life company.

2. Wealth management and advisory services offered by Financial Advisors of Eagle Strategies LLC, a Registered Investment Adviser and a New York Life company. Qualification requirements include but are not limited to applicable FINRA general securities, agent state law, investment advisory licenses, compliance history, production standards, and required training. Requirements are subject to change.

3. Based on 2022 company data for 7,603 agents operating under our N9 and N8 Agent’s Contracts in all states, without persistency bonus, who were active as of December 31, 2022. N9 is the current contract for new financial professionals. N8 contracts were issued to new financial professionals prior to April 2004. Contracts determine your compensation and benefits. Sales production requirements are determined annually by the company. Historical agent incomes are provided for informational purposes only. Agent income is not guaranteed. Income is dependent upon the sales of each agent. Agent compensation is commission-based and determined through the ledger process. Overall compensation includes positive income credits for commissions based on actual sales and certain allowances or incentives, if eligible, based upon persistency and production, as well as debits associated with commission reversals, authorized expenses, and other items. Each credit and debit posted to the Agent’s Ledger is part of determining the agent’s compensation and no individual credit posted to the ledger is earned until the ledger reconciliation process is complete. Agents receive payments equal to the positive balance on the Agent’s Ledger after the credits and debits are applied.

4. This is necessarily brief and provides only general descriptions of the benefits available to eligible agents under the applicable plans. Specific terms, such as eligibility and benefits, are determined only by the terms and conditions contained in the relevant plan documents. In the event of any conflict between the information herein and the provisions of the plan documents, the plan documents will govern. The company reserves the right to amend or terminate the benefit plans described herein at any time for any reason.

5. New York Life Insurance Company continues to receive the highest financial strength ratings currently awarded to any life insurer in the U.S. from all four major rating agencies. Source: Individual Third-Party Ratings Reports: A.M. Best A++, Fitch Ratings AAA, Moody’s Aaa, and Standard & Poor’s AA+ (as of 10/18/2022). The ratings do not apply to investment products as they are subject to market risk and will fluctuate in value.

6. A full list of our awards is available here: https://www.newyorklife.com/newsroom/our-awards-and-recognition

7. All figures reflect the consolidated results of New York Life Insurance Company and its domestic insurance subsidiaries, including New York Life Insurance and Annuity Corporation, for the 12 months ending December 31, 2022.

8. This reflects the consolidated results of New York Life Insurance Company (NYLIC) and its domestic insurance subsidiaries, including New York Life Insurance and Annuity Corporation (NYLIAC), for the 12months ending December 31, 2022. Individual life insurance in force is the total face amount of individual life insurance contracts (term, whole, and universal life) outstanding for NYLIC and its domestic insurance subsidiaries at a given time. The company’s individual life insurance in force totaled $1,166.01 billion at December 31, 2022 (including $180.61 billion for NYLIAC). Intercompany transactions have been eliminated in consolidation.

Job Type: Full-time

Pay: Up to $68.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Retirement plan

Compensation Package:

• Bonus opportunities
• Commission pay

Experience:

• Financial concepts: 1 year (Preferred)
• Customer service: 1 year (Preferred)

Work Location: Hybrid remote in Glendale, CA