New York Life Insurance Co

Principal AI Engineer

New York Life Insurance Co$185K — $264K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Master's or PhD in Computer Science, AI, Engineering, Mathematics, or a related field.
  • 8+ years of experience delivering machine learning and AI solutions with leadership roles.
  • Expertise in designing production AI applications covering machine learning and Generative AI.
  • Proficient in Python, SQL, and JavaScript/TypeScript, with modern software development practices.
  • Hands-on experience with large language models, prompt engineering, and retrieval-augmented generation techniques.
  • Familiarity with multi-agent AI systems and modern orchestration frameworks.
  • Excellent communication and collaboration skills with proven mentorship experience.

Responsibilities

  • Lead end-to-end delivery of AI solutions collaborating with cross-functional teams.
  • Design, develop, and deploy production AI applications on the enterprise AI platform.
  • Architect advanced AI solutions to solve complex business challenges.
  • Evaluate and integrate AI technologies ensuring scalability and security.
  • Establish best practices for AI development including safety validation and observability.
  • Rapidly prototype AI applications to validate concepts and guide product direction.
  • Provide technical leadership and mentorship to foster a culture of innovation.

Benefits

  • Comprehensive benefits package including leave programs and adoption assistance.
  • Student loan repayment programs offered for financial support.
  • Ongoing refinement of benefits based on employee feedback.
  • Focus on work-life balance with hybrid work options.
Full Job Description
Location Designation: Hybrid - 3 days per week

Role Overview

As a Principal AI Engineer within the Artificial Intelligence & Data (AI&D) organization, you will serve as a senior technical leader responsible for designing, building, and delivering enterprise AI solutions that create measurable business value. This is a hands-on engineering role that spans traditional machine learning, Generative AI, and Agentic AI, requiring deep technical expertise across the full AI solution lifecycle-from opportunity assessment and solution architecture through deployment, monitoring, and continuous improvement.

Working closely with business stakeholders, product managers, data scientists, software engineers, and technology partners, you will lead the delivery of production-ready AI solutions on New York Life's enterprise AI platform. Rather than developing the underlying platform infrastructure, you will leverage enterprise capabilities to rapidly deliver

scalable, secure, and responsible AI applications that solve complex business problems.

In addition to leading technical delivery, you will help define AI engineering standards, influence enterprise AI strategy, mentor engineers, and partner with the business to measure and maximize the value generated by AI investments.

What You'll Do
• Lead the end-to-end delivery of AI and Generative AI solutions, partnering with business, product, technology, and data teams to identify opportunities, shape solution strategies, and deliver measurable business outcomes.
• Design, develop, deploy, and operate production AI applications using the enterprise AI platform, leveraging existing CI/CD pipelines, infrastructure templates, security controls, and platform services.
• Architect and implement advanced AI solutions, including agentic AI systems, multi-agent orchestration, retrieval-augmented generation (RAG), hybrid retrieval strategies, and human-in-the-loop workflows to address complex business challenges.
• Evaluate, select, and integrate AI technologies across the solution stack, including foundation models, orchestration frameworks, cloud AI services, and modern software engineering tools, ensuring solutions are scalable, secure, and maintainable.
• Establish engineering best practices for AI development, including evaluation frameworks, automated testing, observability, responsible AI, safety validation, and production monitoring.
• Rapidly prototype AI-enabled applications and user experiences to validate concepts, accelerate adoption, and inform product direction using modern development frameworks.
• Leverage AI-assisted software development tools to accelerate engineering productivity while maintaining high standards for code quality, testing, and governance. Develop internal engineering agents that improve software delivery through automation of testing, code review, deployment validation, and other engineering workflows.
• Provide technical leadership, mentorship, and architectural guidance to AI engineers and data scientists, fostering a culture of innovation, experimentation, technical excellence, and continuous learning.
• Partner with business leaders to define success metrics, measure solution performance, and continuously optimize AI solutions to maximize business value.
• Stay current on emerging AI technologies, evaluate their applicability to enterprise use cases, and influence the organization's AI roadmap and engineering practices.

This role involves limited travel (less than 10%) for vendor meetings, industry conferences, and team collaboration.

What You'll Bring

Required Skills
• Master's or PhD in Computer Science, Artificial Intelligence, Engineering, Mathematics, or a related quantitative discipline.
• Eight or more years of experience delivering machine learning and AI solutions that solve complex business problems, with increasing technical leadership and ownership.
• Demonstrated expertise designing and delivering production AI applications spanning machine learning, Generative AI, and agentic AI architectures.
• Strong software engineering skills in Python, with working knowledge of SQL and JavaScript or TypeScript. Experience building, testing, deploying, and supporting production software using modern engineering practices, including CI/CD, code review, Docker, and Kubernetes.
• Deep hands-on experience with large language models, prompt engineering, retrieval-augmented generation (RAG), hybrid retrieval techniques, knowledge graphs, and production retrieval architectures.
• Experience designing and implementing multi-agent AI systems using modern orchestration frameworks (such as LangGraph, Google ADK, CrewAI, or similar) and tool integration protocols such as MCP or equivalent approaches.
• Experience evaluating AI systems using automated evaluation pipelines, safety testing, red teaming, hallucination detection, performance monitoring, and responsible AI practices.
• Experience deploying AI solutions on enterprise cloud platforms, particularly Google Cloud Vertex AI, with familiarity across AWS AI services such as Bedrock and SageMaker, as well as modern data platforms including Databricks.
• Experience using AI-assisted software engineering tools (such as Codex, Claude Code, or similar) to improve developer productivity, including developing engineering agents that automate software delivery workflows.
• Excellent communication, stakeholder management, and collaboration skills with the ability to influence technical direction and communicate effectively with both technical and business audiences.
• Demonstrated ability to mentor engineers, lead technical initiatives, and drive engineering excellence across teams.

Preferred Skills
• Experience within life insurance, financial services, or other highly regulated industries.
• Experience defining enterprise AI architecture, engineering standards, or AI governance frameworks.
• Experience leading cross-functional AI transformation initiatives across multiple business domains.
• Contributions to the AI community through publications, open-source projects, conference presentations, or technical thought leadership.

Success Looks Like
• AI-powered solutions are successfully deployed into production and deliver measurable business value across multiple business domains.
• Strong partnerships with business stakeholders result in high adoption, clear business outcomes, and sustained value realization.
• Reusable AI solution patterns, engineering practices, and architectural standards accelerate delivery across the organization.
• Engineering teams consistently deliver secure, scalable, and responsible AI solutions while embracing AI-assisted development practices.
• The organization continues to raise its technical capabilities through your mentorship, innovation, and thought leadership.

Job Level: LEVELPF6

Pay Transparency

Salary Range: $185,000-$264,500

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: 94763

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

Similar Jobs

More Jobs at New York Life Insurance Co

More Enterprise Technology Jobs

Find similar Principal AI Engineer jobs: