Corporate Vice President, Pension Risk Transfer Product Manager

Date: May 10, 2023

Location: Jersey City, NJ, US

Company: New York Life Insurance Co

Location Designation: Hybrid 



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



The Product Manager will lead a team responsible for the pricing, underwriting, relationship management and marketing of New York Life’s Pension Risk Transfer (PRT) business. 


  • Lead the expansion of New York Life’s presence in the Pension Risk Transfer market
  • Facilitate consultant relationships to optimize New York Life’s participation in the space
  • Coordinate bids including oversight of Request for Proposal document flow and supporting documentation to pass 95-1 due diligence
  • Lead due diligence meetings with Independent Fiduciaries and Independent Experts including the presentation of New York Life’s credit story
  • Support the installation process of new sold cases
  • Support the development of Retirement Income Products for the Institutional market
  • Liaise with internal and external stakeholders to ensure efficient handling of all requests
  • Assist in overseeing compliance and risk management
  • Provide leadership and management to more junior members of the team
  • Serve as a contact for regulators and internal auditors
  • Contribute to the team construct as needed; includes pricing strategy recommendations, analytics, reporting, etc.




  • BS/BA Degree preferred
  • 8 plus years of relevant experience, including managing people
  • Life and Heath license in all 50 states or willingness to acquire
  • Client facing experience preferred
  • Knowledge of Defined Benefit and/or Defined Contribution pension plans
  • Supervisory/Managerial experience preferred
  • Strong organizational skills and the ability to multi-task
  • Strong ability to meet deadlines
  • Detail oriented with strong analytical skills
  • Proficiency in MS Office
  • Strong written and verbal/interpersonal communication skills
  • Good presentation skills
  • Team oriented with a process improvement mindset







Salary range: $115,000-$175,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 


Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.



Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 88845




Nearest Major Market: New York City
Nearest Secondary Market: Newark

Job Segment: Pre-Sales, RFP, Product Manager, Executive, Marketing, Sales, Operations, Management