New York Life Insurance Co

Corporate Vice President - Model Validation and AI Governance

New York Life Insurance Co$147K — $211K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in a quantitative discipline with 7+ years in model validation, governance, or risk management for AI/ML solutions.
  • Hands-on knowledge of validation for generative and agentic AI systems, including evaluating multi-step workflows and autonomy controls.
  • Experience designing AI evaluation frameworks and conducting adversarial testing.
  • Knowledge in AI/ML monitoring, including logging, telemetry, and dashboards.
  • Proficiency in Python and SQL with capability to perform diagnostic analyses independently.
  • Strong communication and leadership skills, adept at translating technical requirements for senior stakeholders.

Responsibilities

  • Lead validation and challenge across AI solutions, focusing on model design and methodologies.
  • Design and advance AI evaluation practices through rigorous frameworks and testing protocols.
  • Establish monitoring strategies to track model performance and compliance using observability tools.
  • Translate risk expectations into practical validation methodologies and controls.
  • Set standards and best practices for model validation, mentoring junior team members and promoting reusable practices.

Benefits

  • Comprehensive benefits package that includes leave programs, adoption assistance, and student loan repayment.
  • Ongoing enhancement of benefits based on employee feedback to support work-life balance.
Full Job Description
Location Designation: Hybrid - 3 days per week

Business Unit

Technology, Data, AI and Ventures (TDAV)

Role Overview

The Corporate Vice President - Model Validation and AI Governance will play a key leadership role in strengthening New York Life's approach to model validation and responsible AI governance across predictive, generative, and agentic AI solutions. Working closely with Model Risk Management and partners across Artificial Intelligence & Data, Technology, Risk, Legal, Compliance, Cybersecurity, and Third-Party Risk Management, this role will translate model risk requirements into rigorous, practical validation approaches and controls.

This role will lead complex validation engagements end-to-end for internally developed and third-party solutions, independently challenging model methodologies, evaluation approaches, controls, and monitoring strategies. A particular focus will be establishing robust approaches for evaluating agentic and multi-step AI systems, including tool use, orchestration, autonomy, guardrails, human oversight, observability, and emerging failure modes.

The successful candidate will combine deep quantitative and AI expertise with strong risk judgment and communication skills. They will establish validation standards and reusable practices, mentor junior colleagues, and communicate technical findings, limitations, and conditions of use in clear terms that enable senior stakeholders and governance forums to make informed decisions.

What You'll Do
  • Lead independent validation and effective challenge across predictive, machine learning, generative AI, and agentic AI solutions, assessing model design, data and feature pipelines, methodologies, evaluation metrics, assumptions, limitations, and business impact. For agentic systems, evaluate architecture, planning and orchestration, tool use and permissions, retrieval and prompt design, memory and state, autonomy boundaries, guardrails, human-in-the-loop controls, and escalation and fallback mechanisms.
  • Design and advance rigorous AI evaluation practices by developing and challenging evaluation frameworks, benchmark and golden datasets, rubric-based and LLM-as-a-judge scoring, human review protocols, regression suites, offline and online testing, and adversarial or red-team evaluations. Assess statistical rigor, coverage, reproducibility, and the strength of validation evidence for high-impact use cases.
  • Establish monitoring, observability, and third-party validation approaches that address model drift, bias and fairness, stability, hallucinations, business outcomes, and agentic failure modes. Evaluate vendor and foundation-model solutions through independent testing and due diligence, and partner with teams to establish tracing, logging, telemetry, dashboards, alerts, compensating controls, and audit-ready evidence.
  • Translate risk and regulatory expectations into practical controls by interpreting technical standards, regulatory guidance, and internal procedures and converting requirements into validation methodologies, checklists, playbooks, standard operating procedures, monitoring expectations, and evidence requirements. Present validation findings, limitations, and conditions of use to senior stakeholders and governance committees.
  • Set standards and strengthen validation capabilities across teams by developing reusable templates, guidelines, test harnesses, and best practices for predictive, generative, and agentic AI; mentoring and reviewing the work of junior colleagues; partnering across data science, engineering, product, and control functions; and remaining current on evolving modeling techniques, AI research, evaluation methodologies, observability technologies, and governance practices.


What You'll Bring

Required Skills
  • Advanced degree in Statistics, Computer Science, Data Science, Mathematics, Economics, Engineering, or a related quantitative discipline, with strong knowledge of statistics and 7+ years of experience in model validation, model governance, or model risk management for predictive and AI/ML solutions within regulated environments.
  • Deep hands-on knowledge of traditional statistical and machine learning approaches, combined with demonstrated experience validating generative and agentic AI systems, including multi-step workflows, tool use, orchestration and planning, guardrails, autonomy controls, human oversight, and agent-specific failure modes.
  • Demonstrated experience designing, building, or independently reviewing AI evaluation frameworks, including dataset curation, benchmark design, rubric-based and LLM-as-a-judge evaluation, human review, regression testing, retrieval-quality assessment, and adversarial or red-team testing.
  • Practical experience with AI/ML monitoring and observability, including tracing, logging, telemetry, dashboards, and alerting, as well as experience validating or overseeing third-party, vendor-hosted, foundation-model, or other limited-transparency AI solutions.
  • Proficiency in Python and SQL, with experience using agent orchestration, evaluation, observability, or related AI tooling and the technical depth to independently replicate results, conduct diagnostic analysis, and build challenger approaches when appropriate.
  • Strong communication, leadership, and analytical skills, including the ability to interpret technical and regulatory requirements, translate them into practical controls, lead complex validations end-to-end, mentor colleagues, and present and defend technical findings with senior leaders and cross-functional governance bodies.


Preferred Skills
  • Experience evaluating Generative AI solutions, including prompting strategies, retrieval-augmented generation (RAG), retrieval quality, model adaptation or fine-tuning trade-offs, and AI-specific privacy, security, interpretability, and stress-testing considerations.
  • Knowledge of agentic AI risks and controls, including prompt injection, excessive agency, tool and permission scoping, action reversibility, guardrail effectiveness, and hands-on exposure to commercial or open-source AI evaluation, observability, or guardrail technologies.
  • Familiarity with model and AI risk frameworks and emerging regulatory expectations, including SR 11-7, the NIST AI Risk Management Framework, the NAIC Model Bulletin on AI, and the EU AI Act, as well as experience collaborating with Legal, Compliance, Cybersecurity, and Third-Party Risk Management functions.
  • Applied understanding of AI use cases within financial services or insurance, such as underwriting support, fraud detection, marketing and sales enablement, agent productivity, and customer service, including the strengths, limitations, and evolving failure modes associated with generative and agentic AI.


Pay Transparency

Salary Range: $147,500-$211,000

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: 94710

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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