New York Life hired 3,597 full-time agents in 2012. Since 2007 the company has recorded 11 percent 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.
In 2012, 62 percent 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.
LexisNexis Risk Solutions appointed Karen Phelan and Melissa Scott to its life insurance segment.
Phelan joins LexisNexis as Senior Director, Vertical Strategy. Phelan has more than 20 years of experience in the underwriting and operations areas and is recognized for leadership and customer service excellence. Phelan was previously with MassMutual Financial Group where she was corporate vice president of life underwriting and operations. Scott has been named Product Solution Specialist. Scott has extensive experience in operations, automation and business process workflows. She was previously with First Advantage and Indiana Farm Bureau/United Farm Family Life Insurance Company.