Description

Location Designation: Hybrid - 3 days per week

Role Overview:

This executive role is accountable for the strategic oversight and performance of the Institutional Life (IL) insurance investment platform and product suite. Reporting directly to the Head of Institutional Life at New York Life (NYL), the role owns end-to-end accountability for IL's investment strategy, product design and competitiveness, and the evolution of the investment platform across multiple chassis (private placement, registered funds, and proprietary structures), supporting a complex, multi-structure platform serving a broad institutional client base.

Operating as a senior business leader, this role serves as a critical advocate for the Institutional Life business - ensuring that market dynamics, competitive pressures, and client needs are continuously translated into actionable investment and product strategies. The role is accountable for business outcomes, including product competitiveness, platform performance, and long-term value delivery with direct impact on growth, profitability, and capital efficiency of the Institutional Life business. Success in this role requires decisive execution, innovative solutions that leverage NYL's capabilities, and true ownership of the investment platform.

As a key member of the senior leadership team, drive and deliver on IL priorities, shape strategic direction, and exercise significant influence over investment and product decisions, operating with a high degree of autonomy.

This role is based in New York City at the New York Life home office, with an expectation of at least three days per week in-office (Tuesday-Thursday). Occasional travel is required to support business priorities, including collaboration with the Kansas-based team, participation in industry conferences, and engagement with key intermediaries.

This role offers a unique opportunity to shape the future of the IL business by integrating investment innovation with product strategy to deliver differentiated solutions in a competitive and evolving market.

What You'll Do:

Evolve Investment Platform: Provide executive oversight of the IL investment platform, ensuring alignment with long-term value creation, business strategy, and risk parameters across private placement, registered funds, and proprietary structures.

Lead Investment Strategy: Own and guide IL's investment strategy, with accountability for platform performance and long-term value delivery; serve as the primary business authority influencing investment direction and decision-making, leveraging market insights, competitive intelligence, and client needs to guide platform direction.

Enhance Investment Depth & Innovation: Apply advanced investment expertise - particularly across fixed income assets, derivatives, and structured solutions - to strengthen IL capabilities and improve outcomes.

Drive Product Strategy & Lifecycle Management: Oversee the full product lifecycle, ensuring new offerings are competitive and well-positioned, and that in-force products are actively managed and maintained.

Govern Product Architecture & Regulatory Filings Strategy: Establish and execute a disciplined, forward-looking product filing strategy, ensuring regulatory alignment and efficient execution across jurisdictions.

Lead Internal Socialization and Advocacy: Maintain deep expertise in IL solutions and client needs to effectively represent the business across NYL. Drive alignment and influence outcomes across key partners - including Government Affairs, Legal (internal and external counsel), the Office of the Chief Investment Officer, Tax, Finance, Asset Liability Management (ALM), Compliance, Controllers, Investment Management, and Life Insurance Solutions - to appropriately position complex, cross-functional challenges and achieve balanced, business-aligned resolutions.

Lead and Develop Senior Talent: Directly oversee an investment leader and product leader, with broader responsibility for investment support and product management teams; drive execution, collaboration, and the development of high-performing leaders.

Shape Strategic Direction: Serve as a core member of the senior leadership team, contributing to enterprise strategy, challenging assumptions, and driving high-impact business decisions.

Engage External Market Participants: Build and maintain relationships with key intermediaries and industry participants to inform strategy, enhance market positioning, and identify growth opportunities.

What You'll Bring:

You are a senior leader with deep expertise at the intersection of insurance products and investment platforms. You bring a strong command of product chassis design, asset structures, and long-term value mechanics within institutional life solutions.

You operate as a strategic thought partner - translating market dynamics into actionable business decisions while ensuring alignment between centralized investment capabilities and business-specific needs. You are trusted to lead independently, develop senior talent, and represent the voice of the business in complex, high-stakes discussions.

You bring a balance of strategic vision and execution discipline, with the ability to operate effectively in a matrixed, enterprise environment.

Required Skills:

Driven and intellectually curious leader with a track record of developing talent, challenging the status quo, fostering innovative thinking, and delivering results

Deep experience in the institutional life insurance space

Expertise in life insurance product strategy and development

Strong investment acumen, including experience with fixed income assets, private placement structures, and related investment strategies

Demonstrated experience leading and developing senior leaders and multi-layered teams

Proven ability to grow and scale complex, multi-dimensional businesses

Strong strategic thinking and executive-level communication skills

Bachelor's degree required; CFA or equivalent investment credential strongly preferred

Preferred Skills:

Familiarity with key intermediaries and structuring platforms (e.g., IDF, MSA, or similar)

FINRA licensing (e.g., Series 6)

Track record of aligning centralized investment functions with business-specific strategy

Experience engaging with institutional distribution channels and intermediated markets

Pay Transparency

Salary Range: $200,000 - $260,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual 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.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.

Our Benefits

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. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site .

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.

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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com .

Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.

Job Requisition ID: 94036

Requisition #: 41861971

6ahf9io63