Location Designation:Hybrid - 3 days per week
Be part of a dynamic team at Retail Annuities, pioneering innovative solutions to help people build better retirements. Develop and market diverse annuity products that empower individuals across multiple distribution channels. By contributing to industry-leading sales across Guaranteed Income, Fixed Deferred, and Variable annuities, you'll directly impact the lives of clients and fuel the company's growth. Be the driving force behind retirement security, leveraging your expertise to make a meaningful difference in people's lives.
Business Unit Overview
Be part of a dynamic product development team within Retail Annuities, supporting the variable annuity fund platform and helping pioneer innovative retirement solutions.
Role Overview:
New York Life is looking for a highly qualified individual for its Variable Annuity Product Management and Development Team. This role leads analysis of fund performance, due diligence, and manager selection of variable annuity subaccounts. This role will also lead analysis of the existing variable annuity suite and help develop new products.
What You'll Do:
- Monitor fund platform integrity by providing oversight of portfolio performance and risk exposures
- Streamline and enhance investment reporting including senior management updates by delivering high quality investment reports on a multitude of portfolio characteristics as well as ad hoc internal and external investments inquiries
- Analyze large investment data sets and reconcile various data sources
- Collaborate with cross-functional teams including representatives from marketing, project management, IT, legal, compliance and sales in executing product initiatives
- Research and analyze industry trends, competitors, and investment/product characteristics to support product development activity while alerting the appropriate stakeholders
- Formulate and articulate your own investment opinions in a collegial and intellectually rigorous environment
- Work closely with other relevant business areas and external investment management partners
What You'll Bring:
- 4+ years' experience in analytical investment related roles, such as reporting, product development analytics or research; progress towards a CFA is a plus
- Demonstrated intellectual curiosity to problem solve and analyze data and trends. Willingness to step outside of comfort zone to help the team address and adapt to evolving project needs
- Proven ability to succeed in a highly collaborative, cross-functional environment
- Has a flexible and creative approach; enjoys working across the organization in a team-oriented environment. Ability to function well in a deadline driven environment
- Knowledge of variable annuities is preferred; knowledge of annuity business economics is a plus
- Proficiency with Microsoft Excel and PowerPoint is expected. Knowledge in Morningstar Direct is a plus
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Pay Transparency
Salary Range:$100,000 - $130,000
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 theFoundation.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:90687
