New York Life Insurance Co

Director - Strategic Growth Programs - Client Growth and Retention

New York Life Insurance Co$140K — $190K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Marketing, Economics, or related field; MBA preferred.
  • 8+ years in growth strategy, business development, or management consulting.
  • Experience in financial services preferred; insurance knowledge is a plus.
  • Demonstrated ability to implement growth strategies and business development initiatives.
  • Proficient in data analysis and research with strong critical thinking and analytical abilities.
  • Broad understanding of trends in the insurance and financial services industries.

Responsibilities

  • Support the Leadership Team in defining transformational growth strategies.
  • Lead strategic projects from ideation through execution, delivering measurable impact.
  • Conduct cost-benefit analyses for growth initiatives and develop effective business cases.
  • Identify risks in proposed growth strategies and create associated mitigation plans.
  • Provide analytical support for a multi-year strategy roadmap for the business.
  • Prioritize initiatives based on business and enterprise needs, adjusting strategies as necessary.
  • Monitor key performance indicators to optimize results using data analytics.

Benefits

  • Comprehensive benefits package including leave programs and adoption assistance.
  • Student loan repayment programs available.
  • Refinement of benefits based on employee feedback to support work-life balance.
  • Opportunities for community involvement through employee giving and volunteerism.
Full Job Description
Location Designation: Hybrid - 3 days per week

Role Overview:

New York Life has formed a new Client Growth and Retention business team to accelerate enterprise growth by developing and operating programs that help access new pools of customers, as well as programs that deepen customer relationships/ retention.

New York Life is seeking a Director, Strategic Growth Programs for its Client Growth and Retention team. This role is responsible for developing and implementing strategies to drive business growth, market expansion, and revenue.

The ideal candidate has experience crafting business strategies and launching programs that deliver measurable results. You will work with cross-functional teams to find innovative ways to expand market reach and strengthen client engagement. Your expertise in data-driven analysis and emerging technologies will help create new growth opportunities, keeping New York Life competitive and responsive to client needs.

What You'll Do:

    • Support Leadership Team in defining transformational growth strategies to drive new customer acquisition and increase customer retention and maximize customer lifetime value.
    • Lead strategic projects from ideation through execution, ensuring timely delivery and measurable impact. Present findings and recommendations to senior leadership and stakeholders.
    • Support business planning for the growth initiatives that include cost benefit analysis, developing business cases and outlining the steps and resources required to execute the initiatives effectively.
    • Identify potential risks associated with the proposed growth strategies and develop mitigation plans.
    • Provide analytical support for the development of multi-year strategy roadmap for the business.
    • Support the prioritization of initiatives based on business and enterprise needs.
    • Monitor key performance indicators and adjust strategies to optimize results. Utilize data analytics and performance metrics to measure the success of the initiatives and support data-driven decisions.
    • Conduct market research and competitive analysis to identify emerging trends, opportunities, and threats.
    • Collaborate with teams across the organization to execute various growth initiatives.
    • Assist with change management to minimize disruption and drive the adoption of new initiatives.
    • Support agenda and material development for meetings with senior executives and the Board.


What You'll Bring:

    • Bachelor's degree in Business, Marketing, Economics, or a related field; MBA or advanced degree preferred.
    • 8+ years of functional experience in growth strategy, business development, management consulting, or a similar role.
    • Experience in financial services preferred, insurance expertise is a plus.
    • Experience in developing and implementing growth strategies or business development.
    • Experience in driving multiple projects and work-streams, including project planning, execution, and milestone reporting.
    • Proficiency in data analysis and research
    • Outstanding critical thinking, analytical and quantitative abilities
    • Broad understanding of emerging insurance and financial services industry trends and market dynamics
    • Strong connector of people, concepts, and applications.
    • Able to translate complex concepts simply and distill key "so what's" for an array of stakeholders.
    • Ability to toggle between strategic considerations and tactical implications, helping to deliver the approach and execute to create specific deliverables.
    • Strong and effective communication skills; ability to present to senior leaders, as well as peers in a clear manner, fostering dialogue and helping to drive decisions.
    • Ability to build relationships across the organization to influence areas outside direct line of reporting.
    • Agile, self-starter with excellent time management skills and the ability to meet multiple deadlines while navigating the ambiguity of a dynamic work environment.
    • Collaborative work style and leadership presence; ability to effectively interact and forge strong working relationships with team members and leaders across the organization.

#LI - EM1

#LI - HYBRID

Pay Transparency

Salary Range: $140,000 - 190,000

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.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

Job Requisition ID: 93425

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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