Vinny Parascandola’s Career Shift from IT to Finance to Leadership
Vinny Parascandola is the senior vice president of AXA Advisors US since his recruitment in October 2014. He manages the hiring and advancement of the firm’s 225 employees in the company’s Central New Jersey region and the overall sales performance by sustaining a suitable profit margin. Vinny has a bachelor’s degree in computer science from the Lubin School of Business of Pace University. He began his career in the technological industry as a system analyst for Irving Trust Company in 1986. After two years, he rerouted his career to the economic field by beginning work as an agent ad Prudential Insurance. In 1990, Vinny joined The MONY Group as a financial professional and served for three years in that post before earning a promotion to the manager of sales. He worked his way to the managing director’s position for four years, after which he became the field vice president.
Vinny joined Advantage Groups, a subsidiary of AXA Advisors in 2008 as president and co-managed AXA’s branch offices in New York. Before that, he was the executive vice president of AXA Equitable for two years. In 2009, he became the president of the Northern Division of AXA Equitable. AXA Equitable is a branch of AXA Financial Incorporation, which is a part of the AXA Group. AXA Advisors, where Vinny currently works, is a distribution agent for EXA Equitable Life Insurance Company, which provides leading financial and life insurance and pension products. AXA Advisors has an employee capacity of 6000 in a count. It specializes in offering clients with insurance covers and investments in the property business, tertiary education, retirement, and business strategies.
Vinny Parascandola has an extensive experience in leadership and has been the recipient of a couple of awards and recognitions. Some of these awards include the Master Agency Awards and the GAMA Career Development Award. He often speaks on leadership and finance in various platforms such as the LIMRA Distribution Conference, LAMP Meeting hosted by GAMA and the 2014 graduation ceremony at Pace University. Vinny heads the council of field professionals of LIMRA and serves on the board of directors of GAMA.