Strategy & Corporate Development, Senior Associate

New York Life Insurance Co•New York, NY

22h•$130,000 - $160,000•Hybrid

About The Position

NYLIM seeks a candidate with an investment banking and/or corporate finance background to join its strategy and mergers & acquisitions (M&A) group. The team supports the CEO and Management Committee of NYLIM on strategic initiatives critical to the organization, including M&A and business strategy projects. About New York Life Investment Management With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life. Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing. More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

Requirements

4 to 6 years of experience, preferably in investment banking, management consulting, and/or asset management
A good underlying knowledge and interest in the asset management industry, including the key drivers and trends shaping the sector
Strong project and process management skills (organization, ability to proactively follow-up and hold workstreams accountable, etc.)
Strong analytical skills (financial modelling, valuation, corporate finance)
Strong presentation and communication skills, both verbal and written
Self-starter, high energy, hard-working entrepreneurial attitude
Detail and results oriented
Exceptional Microsoft Excel, PowerPoint and Word capabilities is required

Responsibilities

Work closely with senior leaders on strategy development, implementation and communication
Conduct market and industry competitive research to assist in developing business strategy
Assist with overall program / process management on important strategic projects taking place at NYLIM, including the Q4 2025 announcement whereby NYLIM expanded and integrated its third-party asset management business with its insurance asset management businesses
Create, design, and coordinate the development of internal and external presentations (both strategy and M&A), including presentations to the NYLIM Management Committee, New York Life Executive Management Committee, Investment Committee, and/or Board of Directors of New York Life
Assist in analyzing and executing on M&A opportunities from deal sourcing all the way to transaction completion (evaluating business plans, conducting due diligence, valuation & financial modelling, preparing senior management / Investment Committee materials, etc.)
Develop financial models, business plans, and other analyses for both M&A opportunities as well as certain strategy projects
Work with business units to implement cross-functional strategic projects
Coordinate activities among senior management teams, investment boutiques, business units and other stakeholders