New York Life Insurance Co

Corporate Vice President - Director, Business Development

New York Life Insurance Co$119K — $170K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years of professional experience in a technical role such as solutions engineering or technology consulting.
  • Proven ability to convey complex technical concepts to executive audiences.
  • Experience managing multi-party engagements like product integrations or pilot programs.
  • Strong analytical thinking and framework development skills with limited guidance.
  • Genuine interest in emerging technologies, maintaining an informed perspective on trends.
  • Track record of collaborating across multiple functions, including Legal and Compliance.
  • Exceptional communication skills, capable of crafting concise executive materials.

Responsibilities

  • Build relationships with senior leaders to identify innovation opportunities.
  • Source and evaluate startups aligned with business priorities and facilitate key introductions.
  • Manage a portfolio of Proof of Concept (PoC) initiatives to demonstrate business value.
  • Lead the execution of startup engagements with cross-functional team collaboration.
  • Develop project plans and success metrics to report on progress and ROI.
  • Conduct market and competitive research to inform strategic decisions.
  • Partner with NYL Ventures to enhance investment sourcing and portfolio management.
  • Represent NYL Ventures at industry events to strengthen brand presence.

Benefits

  • Comprehensive benefits package including leave programs and adoption assistance.
  • Student loan repayment programs.
  • Ongoing refinement of benefits based on employee feedback to enhance work-life balance.
  • Opportunities for personal and professional growth within the organization.
Full Job Description
Location Designation: Hybrid - 3 days per week

Role Overview

The Director, Business Development is a member of NYLV's Strategic Startup Partnerships team, responsible for identifying, developing, and scaling high-impact partnerships between New York Life and the startup ecosystem. This role serves as a trusted advisor to business leaders, helping them embrace cutting edge technologies, validate new business opportunities, and drive innovation through startup engagement.

Working at the intersection of strategy, venture capital, and business transformation, the Director partners closely with internal stakeholders, startup founders, and the NYL Ventures investment team to identify high-impact companies and opportunities that strengthen New York Life's innovation capabilities. This role requires problem discovery, solution design, partnership scoping and negotiations, and is best-fit for someone equally comfortable engaging world-class startup founders and senior company executives while also navigating a complex, matrixed organization.

While this is a non-technical role, the ideal candidate has outstanding technical literacy and a deep and proven interest in emerging technologies like AI, digital assets/blockchain, data, infrastructure or quantum computing. They may have a background in solutions engineering, product management, technical sales, corporate innovation, or technology consulting. They possess strong business acumen and are highly collaborative, thoughtful, and comfortable operating in ambiguous environments.

This role is well-suited for someone who wants to develop deep pattern recognition across technologies, business models, and partnerships at the frontier of innovation - a launchpad for those who see themselves as future operators or founders.

What You'll Do
  • Build trusted relationships with senior business leaders across New York Life to understand strategic priorities, identify innovation opportunities, and introduce emerging technologies.
  • Source, evaluate, and conduct diligence on startups aligned to enterprise priorities, leading screening and evaluation discussions and facilitating introductions between founders and business stakeholders.
  • Identify, prioritize, and manage a portfolio of Proof of Concept (PoC) engagements and pilot programs, ensuring initiatives align with strategic objectives and demonstrate measurable business value.
  • Lead cross-functional execution of startup engagements by partnering with Legal, Risk, Procurement, Information Security, Compliance, and other stakeholders.
  • Develop and maintain project plans, success metrics, and executive reporting that communicate progress, business outcomes, and ROI.
  • Conduct ongoing market and competitive research on emerging technologies and innovation themes, synthesizing findings into strategic recommendations that inform business decisions and future partnership opportunities.
  • Partner closely with the NYL Ventures investment team by providing insights that strengthen investment sourcing, diligence, and portfolio value creation.
  • Represent NYL Ventures internally and externally through innovation events, startup meetings, industry conferences, hackathons, and thought leadership activities that strengthen the firm's presence within the innovation ecosystem.
  • Support the NYLV Senior Leadership Team on strategic initiatives, enterprise presentations, thematic research, executive briefings, and special projects that advance the organization's long-term objectives.


What We're Looking For
  • 6+ years of professional experience, with a meaningful portion in a technical role - solutions engineering, technical product management, presales, or technology consulting - ideally at or with enterprise software, SaaS, or technology services companies.
  • Demonstrated ability to translate complex technical concepts into business value for executive, non-technical audiences - you've done this in client-facing, stakeholder, or advisory contexts, not just internally.
  • Experience scoping, structuring, or managing complex multi-party engagements - whether that's a consulting workstream, a product integration, a pilot program, or a partnership negotiation.
  • Strong analytical and structured thinking; comfortable building frameworks, business cases, and evaluation criteria from scratch with limited direction.
  • Genuine, provable interest in emerging technology - AI, digital assets/blockchain, quantum computing, or adjacent domains. This goes beyond staying current; you can hold an informed point of view.
  • Track record of operating cross-functionally across Legal, Risk, Compliance, IT, and business stakeholders to move complex initiatives forward.
  • Excellent written and verbal communication; you can write a tight executive brief and hold the room in a C-suite meeting.
  • Bachelor's degree in a technical, quantitative, or business discipline; MBA or advanced degree a plus but not required.


Preferred
  • Prior experience in financial services, insurtech, enterprise software, or management consulting serving regulated industries.
  • Experience at or with early-stage startups, venture-backed companies, or a corporate innovation function.
  • Familiarity with venture capital - deal flow, diligence, or the fund/portfolio model - even informally.


Pay Transparency

Salary Range: $119,000-$170,000

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.

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: 94723

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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