Vice President, Data & AI - Foundational Business

Location Designation: Hybrid - 3 days per week 

The Vice President, Data & AI – Foundational Business is a senior executive accountable for defining, co-owning, and helping deliver the Data & AI strategy for the Foundational Business. This role is responsible leveraging Data and AI as key drivers of the overall business transformation through data-driven and AI-enabled capability identification, defining the value creation, supporting operational impact, and financial performance working closely with business and technology delivery leaders.

The VP serves as a key leader in the Transformation Office and is a strategic advisor to executive leadership, shaping how data and AI are leveraged to drive growth, efficiency, and competitive advantage. This role has owns the Data & AI portfolio for the Foundational Business, including strategy, execution, governance, and adoption.  

Key Responsibilities 

Strategy & Transformation 

• Define and own the Data & AI strategy aligned to enterprise and Foundational Business priorities. Establish long-term roadmaps and investment priorities for Data & AI capabilities 

• Convert the overall strategy to prioritized and actionable implementation opportunities with varying degrees of complexities i.e., business level ‘big bets’, AI is enabler to on going products/ initiatives etc.,
• Develop impact metrics and business cases aligned to AI and design changes required in talent and capabilities as an outcome of AI solutions

• Advise senior executives and influence enterprise strategy through data-driven insights and innovation 

Execution & Delivery 

• Accountable for end-to-end delivery of Data & AI initiatives, ensuring measurable business outcomes and value realization in partnership with Technology leaders

• Lead prioritization and execution of a portfolio of AI and data initiatives, balancing speed, scale, and risk 

• Ensure successful adoption and scaling of AI solutions across the business 

Data & Governance 

• Partner with Tech Data leader to define and implement enterprise-grade data governance frameworks across value streams, including data quality, privacy, security, and compliance 

• Oversee the development and scaling of data products and platforms required to enable AI capabilities working closely with Technology leaders

• Establish standards for responsible AI and data usage across the organization 

Financial Accountability 

• Own and manage a Data & AI investment portfolio, including budgeting, prioritization, and resource allocation 

• Accountable for ROI and financial performance of Data & AI initiatives 

• Align investments with business strategy and transformation goals 

Leadership & Organization 

• Lead and scale a multi-disciplinary organization to become a AI first leading insurance organization

• Develop and mentor senior leaders, building organizational capability and succession pipelines 

• Drive a culture of innovation, accountability, and continuous improvement 

• Operate effectively in a matrixed environment, leading through both direct and indirect teams 

Cross-Functional & External Influence 

• Act as the primary interface between business and technology organizations 

• Drive alignment across business units, technology, and transformation teams 

• Represent the organization externally with partners, vendors, and industry forums 

• Build and manage strategic partnerships to accelerate Data & AI capabilities 

Qualifications 

• Bachelor’s or Master’s degree in Computer Science, Data Science, Engineering, Business Administration, or related field; MBA preferred 

• 12+ years of progressive leadership experience in data, AI, analytics, and business transformation 

• Proven track record of leading large-scale, enterprise Data & AI initiatives 

• Strong understanding of business strategy, financial management, and operating models 

• Deep expertise in data platforms, AI/ML technologies, and governance frameworks 

• Exceptional ability to influence and communicate with executive stakeholders 

Key Competencies 

• Strategic Leadership 

• Enterprise Thinking 

• Innovation & Transformation 

• Executive Influence 

• Financial Acumen 

• Organizational Leadership 

• Change Management 

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 here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

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.

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Job Requisition ID: 94103