Senior Associate, Investments- New York Life Ventures

New York Life•New York, NY

4d•$115,000 - $164,500•Hybrid

About The Position

New York Life Ventures is hiring a Senior Associate to join its Investments team within the Tech, Data, AI and Ventures organization. The role uses data- and network-driven approaches to identify investment opportunities relevant to New York Life. The Senior Associate owns and drives workstreams across the end-to-end investment process—including evaluation, research, due diligence, transaction execution, portfolio management and operations—for direct and fund investments. The position evaluates opportunities for both investment and strategic merits and contributes to the refinement and evolution of the team’s investment themes. The Senior Associate conducts company and fund research, leads diligence and deal screening, develops financial models and investment recommendations, and manages assigned portfolio companies and fund relationships after investment. The role also builds relationships with founders, executives and fund general partners, prepares executive-level investment and portfolio materials, and presents recommendations to senior leadership and the investment committee. In partnership with the startup partnership team and New York Life business stakeholders, the role identifies strategic opportunities across the portfolio and develops research and perspectives on relevant industries and emerging trends. The position is hybrid, with three days per week designated for the office. The stated salary range is 115,0000–164,500; the role is exempt from overtime and eligible for an annual discretionary bonus. Employees may also be eligible to participate in an incentive program.

Requirements

5–7+ years of experience in PE/VC or a related field, such as fund-of-funds, corporate development, buy- or sell-side investment research, strategy consulting, investment banking, or business or strategy at a technology company.
Demonstrated or developing subject-matter expertise in one or more relevant focus areas, such as fintech, insurtech, AI/ML, enterprise software, data infrastructure or cybersecurity.
Willingness to build and defend a differentiated point of view and become a recognized internal expert in a relevant domain.
Expertise with financial modeling and presentation software, such as Excel and PowerPoint, and excellent communication skills.
Proficiency in leveraging generative AI tools, such as Claude or ChatGPT, to accelerate research, synthesize complex information, enhance productivity and redesign functional processes.
Ability to work independently and collaboratively in a team environment, with confidence, humility and high integrity.
Ability to develop informed opinions.
Thoughtful and highly analytical mindset balanced with strong people skills.
Strong inner drive to learn and create value in a collaborative team environment.
Strong work ethic and demonstrated passion for the rapidly advancing technology landscape within and adjacent to financial services.

Responsibilities

Source, research and evaluate companies for potential investment or strategic opportunities.
Lead evaluation of venture fund opportunities, including diligence, modeling and referencing.
Own deal screening and drive due diligence workstreams from initial evaluation through transaction execution.
Manage assigned portfolio companies and fund relationships after investment, including performance tracking, valuation analysis and quarterly reporting.
Build and maintain direct relationships with company founders, key executives and fund general partners, serving as a primary point of contact for assigned opportunities.
Lead industry research, total addressable market analysis and competitive landscaping to inform investment decisions.
Develop financial models and analyses of company and fund metrics to underwrite investment recommendations.
Author executive-level investment proposals and portfolio materials, and present recommendations to senior leadership and the investment committee.
Partner with the startup partnership team and New York Life business unit stakeholders to identify and unlock strategic opportunities across the portfolio.
Lead thematic research that shapes the team’s investment focus areas and strategic priorities, and develop a point of view on emerging trends.