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Corporate Vice President, Pension Risk Transfer

New York Life InsuranceJersey City, NJ
Hybrid

About The Position

As a Corporate Vice President within New York Life's Institutional Retirement Income Solutions team, you'll drive the expansion of our Pension Risk Transfer (PRT) capabilities, one of the company's most important strategic growth areas. This is a unique opportunity to shape the products, structures, and positioning that will power the next phase of our growth in the PRT market. You'll drive new capabilities from concept through launch, inform how New York Life competes, and work across the organization to turn strategic priorities into results. Your product mindset and ability to lead through influence will directly support the team's mission to establish NYL as a leader in the institutional retirement market.

Requirements

  • 8+ years of experience in Pension Risk Transfer, the defined benefit system, or institutional retirement markets
  • Experience building or expanding products, capabilities, or businesses in financial services
  • Strong command of PRT transaction structures and deal economics
  • Demonstrated ability to lead cross-functional initiatives and influence without formal authority
  • Strong analytical, communication, and executive presentation skills
  • Bachelor's degree in a quantitative or business discipline
  • Candidates must be eligible and willing to obtain Life/Accident/Health insurance licensing credentials as required

Nice To Haves

  • Actuarial credentials, CFA, or MBA a plus

Responsibilities

  • Deliver the expansion of New York Life's PRT capabilities, including new product structures, market segments, and transaction types
  • Develop business cases and secure cross-functional alignment to bring new capabilities from concept through launch
  • Define product strategy and competitive positioning for the PRT business
  • Monitor market trends, competitive dynamics, and industry developments to inform strategic priorities
  • Collaborate across actuarial, investments, legal, operations, and distribution to advance business initiatives
  • Present business performance, strategy, and recommendations to senior leadership
  • Support Defined Contribution Retirement Income initiatives as needed

Benefits

  • Leave programs
  • Adoption assistance
  • Student loan repayment programs

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