Corporate Vice President, Business Solutions Strategy
Location Designation: Hybrid - 3 days per week
Role Overview:
The Strategy Corporate Vice President will oversee strategy development, execution, and planning for New York Life’s Business Solutions product line. Business Solutions serves the needs of business owners and their employees through workplace-purchased solutions such as Employee’s Whole Life and group employee benefits. The role works closely with the Business Solutions Senior Leadership Team as well as other key stakeholders to help define and articulate business strategy, with a focus on executing key strategic initiatives. The role is also responsible for monitoring and assessing the impact of inflight strategic initiatives.
What You'll Do:
Strategy Development
- Support the ongoing refinement of the business’ short- and long-term strategy
- Assess areas of opportunity, in line with overall vision and strategy of the business as well as external and internal factors
Strategy Execution
- Identify and lead strategic initiatives/special projects to drive key business OKRs and metrics. Examples of these initiatives include, but are not limited to:
- Identify and execute strategies and tactics to drive key strategic outcomes such as cross-sell, client acquisition, and producer adoption of Business Solutions products
- Develop and implement Business Owner product strategy in partnership with enterprise stakeholders to articulate, position, and promote the value proposition of New York Life’s products to business owners
- Partner with enterprise stakeholders on positioning/promoting cross-product workplace-solutions
- Conduct strategic analyses to identify opportunities for better achieving business and enterprise OKRs
Strategic Planning
- Lead business’ annual strategic planning process to identify and prioritize strategic initiatives to ensure successful execution of business and broader enterprise strategy
- Monitor, assess, and report progress on strategic initiatives to a variety of key audiences, recommending adjustments to strategies and tactics as appropriate
What You'll Bring:
- Bachelor’s degree required, MBA or advanced degree preferred
- 5+ years of experience in management consulting and/or business strategy
- Experience in insurance, employee benefits, and/or financial services a plus
- Outstanding critical thinking and analytical abilities
- Execution-focused with a keen sense of accountability and ability to deliver results
- Exceptional written and verbal communication skills, including experience in developing executive level presentations
- Ability to build relationships and work across the organization to influence outside direct line of reporting
- Project and process management skills, including proven ability to manage multiple projects simultaneously
Pay Transparency
Salary Range: $125,000-$175,000
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 here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 91021
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City
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