New York Life Insurance Company
VP, Corporate Development & Strategy
New York Life Insurance Company, New York, New York, us, 10261
The VP of Corporate Development will work in partnership with other executive members of the Corporate Development team to lead all activities relating to enterprise and business strategic investments, partnerships, M&A, and related activity.Description of the roleThought, strategy and organizational leadershipDrive all aspects of the enterprise corporate development process from start to finishScope of corporate development will be broad and include mergers & acquisitions, divestitures, minority stakes, strategic partnerships, reinsurance structures, capital management, and other financial or strategic transactionsPartner with businesses and executive management to develop enterprise and business corporate development strategy that is aligned with strategic prioritiesDevelop and enhance internal capabilities to execute corporate development and M&A initiatives, including working with stakeholders to design processes, identify resources, lead training, and produce appropriate playbooksDevelop and expand the opportunity set based on a focused strategyLead fundamental research, data gathering and analysis of sectors, products, and businesses in support of the strategy and corporate development processIdentify, source and develop relationships with potential targets and strategic partnersBe an effective advocate for NYL as a strategic partnerManage relationships with banks, other advisors, and potential counterpartiesLead transaction executionLead all aspects of deal execution including project planning and management, stakeholder coordination, governance and approvals, due diligence, etc.Develop project timeline and workflowEstablish alignment and collaboration with multiple constituentsLead all communications, development of supporting materials, and discussions with senior management and support Board of Director communications on corporate development mattersLead teams in due diligence including working with business units and enterprise functionsLead development and review of financial models and analysesAnalyze and draw insights from GAAP and statutory financial statements and analysesLead valuation work and review of actuarial and other third party appraisalsLead structuring of transaction fundingLead analysis of transaction impact on the enterprise financial and capital position and determine pro forma metricsLead negotiations and development of all transaction terms and contractsOversee a project management office and other stakeholders in integration planning and results measurementQualificationsExtensive life insurance industry experienceBachelor’s Degree, MBA preferred5+ years investment banking experience at VP level or above plus 3+ years of life insurance corporate development experience in a leadership role, or 6+ years of life insurance corporate development experience in a leadership roleProactive and collaborative team playerStrong ability to influence without direct authorityHighly motivatedRapidly adapt to changing situationsAble to make decisions and drive strategy in ambiguous situationsEffectively manage large complex projects and teamsAbility to drive multiple prioritiesStrong financial and analytical skillsPay TransparencySalary Range: $250,000 to $300,000Discretionary bonus eligible: YesActual 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.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.Our Diversity PromiseWe 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.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: 91075About NY Life Insurance Company
Diversity & Humanity–two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.You are our future, and we commit to investing in you accordingly.Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.
Nearest Major Market:
ManhattanNearest Secondary Market:
New York CityJob Segment:
Investment Banking, M&A, Executive, VP, Finance, Management, Strategy
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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: 91075About NY Life Insurance Company
Diversity & Humanity–two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.You are our future, and we commit to investing in you accordingly.Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.
Nearest Major Market:
ManhattanNearest Secondary Market:
New York CityJob Segment:
Investment Banking, M&A, Executive, VP, Finance, Management, Strategy
#J-18808-Ljbffr