New York Life Insurance Co

Associate - Data Scientist

New York Life Insurance Co$81K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in a relevant quantitative field such as Computer Science, Data Science, or Mathematics.
  • 1-3 years of experience in data, analytics, machine learning, or AI solutions.
  • Foundational knowledge of machine learning, statistics, and data analysis techniques.
  • Understanding of Generative AI concepts, especially large language models.
  • Proficient in Python and SQL, with knowledge of Git or GitHub.
  • Strong communication skills and a collaborative mindset.
  • Curiosity and a growth mindset with a keen interest in AI and Data Science.

Responsibilities

  • Execute AI and machine learning projects in collaboration with various teams.
  • Contribute to model lifecycle from data exploration to deployment and monitoring.
  • Develop AI models using AWS services and modern data platforms.
  • Partner with ML engineers for large-scale deployment and solution scaling.
  • Design and evaluate AI-powered solutions that automate routine tasks.
  • Support the implementation and refinement of LLM and RAG approaches.
  • Build UI prototypes to validate usability and promote user adoption.

Benefits

  • Full package of employee benefits including leave programs and adoption assistance.
  • Student loan repayment programs.
  • Options for comprehensive benefits refined based on employee feedback.
Full Job Description
Location Designation: Hybrid - 3 days per week

As part of the Artificial Intelligence & Data (AI&D) organization, you will contribute to New York Life's digital transformation by developing and deploying AI and machine learning solutions that enhance efficiency and improve client, agent, and employee experiences.

This role supports the development of AI solutions spanning traditional Machine Learning, Generative AI, and Agentic AI. The focus is on building core technical skills, learning enterprise AI practices, and delivering well-defined components of AI solutions. You will collaborate closely with Data Scientists, Engineers, and product and technology partners while developing an understanding of model lifecycle management, responsible AI principles, and New York Life's technology ecosystem.

What You'll Do:
• Execute AI and machine learning initiatives in partnership with data, technology, product, and business teams.
• Contribute to the end-to-end model lifecycle, including data exploration, feature development, model training and validation, deployment, monitoring, and iteration.
• Develop and help operationalize models using AWS services such as SageMaker and Bedrock, along with modern data platforms including Snowflake and Databricks, ensuring quality, security, and scalability.
• Partner with machine learning engineers to support large-scale production deployment and solution scaling.
• Assist in designing and evaluating agentic and AI-powered solutions that automate routine business tasks with human-in-the-loop checkpoints, escalation thresholds, and safety guardrails.
• Support the implementation and refinement of LLM and RAG approaches, including vector stores, embeddings, retrieval optimization, and prompt orchestration, with evaluation for reliability and performance.
• Build lightweight UI prototypes (e.g., Streamlit) to validate usability and support user adoption.
• Adhere to model governance, documentation, testing, and CI/CD best practices in collaboration with MLOps teams.

What You'll Bring:
• Advanced degree in Computer Science, Data Science, Machine Learning, Artificial Intelligence, Engineering, Mathematics, Statistics, or a related quantitative field.
• 1-3 years of experience working with data, analytics, machine learning, or AI solutions.
• Foundational knowledge of machine learning concepts, statistics, and data analysis techniques.
• Foundational understanding of Generative AI concepts, including large language models and prompt engineering.
• Proficiency in Python and SQL, with working knowledge of core software engineering concepts such as version control using Git or GitHub.
• Strong communication skills and a collaborative, team-oriented mindset.
• Curiosity, a growth mindset, and a strong interest in building a career in AI and Data Science.
• Experience in the life insurance industry or consumer finance domains is a plus.

Pay Transparency

Salary Range: $81,000-$115,500

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.

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 hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Job Requisition ID: 93360

About New York Life Insurance Co

New York Life Insurance Company is a mutual life insurance company in the United States and one of the life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. New York Life and its subsidiaries provide insurance, investment, and retirement solutions. For 175 years, the company has been helping people put their love into action. It was founded in 1845 and is headquartered in New York.

New York Life Insurance Co Careers

Join the esteemed team at New York Life Insurance Co, a leader in the insurance industry, and propel your career to new heights with unparalleled job opportunities. As one of the most respected names in life insurance, we offer a platform where professionalism meets innovation, creating an environment ripe for personal and professional growth.

Work You’ll Do

At New York Life Insurance Co, you will be part of a culture that cherishes diversity and fosters leadership. Our team is composed of skilled professionals dedicated to providing financial security and peace of mind to our clients. By joining us, you will collaborate with top-tier experts in finance and insurance, leveraging your skills to make a meaningful impact.

Explore Career Paths

Whether you are seeking an internship, a full-time position, or a leadership role, New York Life Insurance Co provides a variety of career paths to help you achieve your professional goals. Our commitment to career development is evident through extensive training programs and continuous learning opportunities that ensure our team remains at the forefront of the industry.

Innovate and Lead

Embrace the opportunity to lead projects that drive innovation within the company and the insurance industry. New York Life Insurance Co is at the intersection of tradition and innovation, where we constantly strive to develop solutions that anticipate the needs of our clients.

Be Part of a Great Team

Our team at New York Life Insurance Co is our greatest asset. We thrive on collaboration and respect each other’s contributions, creating a supportive and inclusive workplace. Here, networking and mentorship go hand in hand with day-to-day operations, providing a robust support system for career advancement.

Future-Proof Your Career

With New York Life Insurance Co, your career is future-proofed with endless opportunities for advancement. Our comprehensive benefits package supports your life both inside and outside of work, while our leadership and diversity training prepare you to take on new challenges.

Join Our Team

Search for open positions that match your skills and interests. We are hiring creative, curious, and motivated individuals who are ready to drive their careers forward. Explore our job opportunities and find out how your talents can make a difference at New York Life Insurance Co.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news through our Careers Blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences, and discover the exciting and rewarding opportunities that await at New York Life Insurance Co.

Prepare for Your Interview

Ready to join us? Prepare your resume and sharpen your interview skills to become part of a company that values vision, leadership, and a commitment to excellence. At New York Life Insurance Co, we are not just offering a job; we are offering a pathway to success.

New York Life Insurance Co – A Place Where Careers Are Made

From fostering innovation to encouraging diversity, New York Life Insurance Co is where you can pursue your passions and grow your career. Join us and make a difference in the lives of our clients and communities every day.
Learn more about New York Life Insurance Co
Size
11,960 employees
Industry
Founded
1845

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