New York Life Insurance Co

MD / Head of North American Pensions

New York Life Insurance Co$250K — $300K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of experience in institutional asset management, focusing on North American pensions.
  • Strong investment acumen across public and private asset classes, including equities and fixed income.
  • Proven leadership experience in developing and managing sales and relationship management teams.
  • Demonstrated ability to collaborate across asset management organizations with various stakeholders.
  • Exceptional business development and communication skills to build relationships and convey investment concepts.

Responsibilities

  • Develop and execute the North American pension strategy for various institutional channels.
  • Manage and deepen relationships with strategic pension clients and prospects in North America.
  • Lead and develop a high-performing team to maximize business development and client success.
  • Build partnerships with investment leaders and executives for coordinated client solutions.
  • Identify new business opportunities to drive growth and enhance market presence.
  • Network within the North American pensions market to strengthen the firm's brand and pipeline.
  • Deliver against sales growth and revenue objectives with targeted clients.

Benefits

  • Comprehensive benefits package, including leave programs and adoption assistance.
  • Student loan repayment programs to support employee education costs.
  • Ongoing refinement and addition of benefits based on employee feedback.
Full Job Description
Location Designation: Hybrid - 4 days per week

Position Overview: We are seeking a dynamic and experienced professional to join our team as the Head of North American Pensions. Reporting directly to the Head of the Americas Institutional Client Group, this senior leadership role is responsible for developing and growing New York Life Investment's business across all major institutional pension channels including public funds, corporate plan sponsors and Taft Hartley markets. This is a player coach leadership position.

Key Responsibilities:

  • Develop and execute the North American pension strategy across public and private markets, driving engagement with key prospects and clients spanning public pension funds, corporate retirement plans, and Taft-Hartley plans.
  • Manage and deepen relationships with the firm's most strategic pension clients and prospects across North America both personally and in tandem with other members of the team.
  • Lead and develop a high-performing North American pension team, providing strategic direction, coaching, and accountability to maximize business development and client outcomes.
  • Build strong cross-functional partnerships with investment leaders, senior business executives, consultant relations, and colleagues across the Institutional Client Group to deliver coordinated client solutions.
  • Drive business growth and market leadership by identifying new opportunities, strengthening the firm's market presence, and ensuring consistent execution of strategic initiatives across the North American pension channel.
  • Industry Networking: Build and maintain an extensive network of contacts across the North American pensions market and relevant consultant communities to grow the New York Life Investment's brand and a robust pipeline of new business opportunities.Maintain meaningful relationships to stay informed about key trends and industry developments.
  • Deliver against key business objectives, including sales growth, revenue generation, profitability, and increased wallet share among both targeted prospective clients and existing client relationships.


Qualifications
  • 15+ years of progressive experience in the institutional asset management industry, with deep expertise serving the North American pension marketplace, including public pension funds, corporate retirement plans, and Taft-Hartley clients.
  • Strong investment acumen across a broad range of public and private asset classes, including fixed income, equities, private equity, private credit, and real estate, with the ability to engage credibly on both domestic and global investment strategies.
  • Proven leadership experience recruiting, developing, and managing high-performing institutional sales and relationship management teams, with a track record of building strong cultures and delivering results.
  • Demonstrated ability to collaborate effectively across a complex asset management organization, partnering with investment professionals, senior business leaders, consultant relations, and other key stakeholders to deliver coordinated client solutions.
  • Exceptional business development and communication skills, with a proven ability to build executive-level client relationships, identify growth opportunities, and communicate complex investment concepts effectively through compelling written, verbal, and presentation skills to diverse audiences.

This role is pivotal in positioning the firm as a leader in providing innovative investment solutions to the pensions market, ensuring that clients' unique requirements are met with expertise and strategic insight. For the right candidate, this role offers significant opportunities for growth and may serve as part of the firm's long-term senior leadership succession planning, including potential progression to the Deputy Head of Americas Institutional Client Group.

Job Level: LEVEL MD

Pay Transparency

Salary Range: $250,000 - $300,000

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: 94577

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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