Corporate Vice President, Product Development & Strategy

Location Designation:Hybrid - 3 days per week

Role Overview:

New York Lifes Group Membership Association Division (GMAD) is the leading provider of life disability and supplemental health programs for the association 2025 GMAD expanded into the Accident & Health insurance market to broaden its product portfolio and execute on a key growth initiative for New York Life. Today the business has $600M of premium in force 500 group clients and nearly 1M customers.

To advance this next chapter of growth GMAD is seeking a Corporate Vice President Product Development & Strategy to shape and drive the divisions expanding portfolio of insurance solutions. Reporting to the Head of Strategy & Analytics this leader will serve as both a product strategist and cross-functional program lead translating strategic vision into disciplined execution across life disability accident & health and supplemental health lines.

The ideal candidate brings deep insurance product expertise a track record of building and advancing product roadmaps and the executive presence to influence senior stakeholders and drive alignment in a complex matrixed organization.

What Youll Do:

• Contribute to the design and evolution of GMADs multi-year product strategy informed by market trends competitive intelligence and internal capabilities.
• Identify opportunities and unmet needs within group association affinity and accident & health markets.
• Develop and refine business cases for new product concepts enhancements and go-to-market strategies.
• Define and prioritize the product development agenda ensuring resources and focus are directed toward initiatives with the highest strategic and growth impact.
• Conduct competitive analysis and market scans to inform product differentiation pricing strategy and value proposition development.
• Collaborate with Analytics team and Actuarial to model product impact ensure pricing integrity and evaluate the success of product rollouts.
• Own GMADs value-added services strategy and implement across clients.
• Lead and support enterprise-wide product initiatives from ideation through implementationengaging stakeholders across the value chain.
• Act as a subject matter expert (SME) and consultant on GMAD products to senior leadership and internal business partners.
• Create and present executive-level updates and product briefing materials for committees senior leadership brokers clients and external partner review boards.
• Support internal/external relationships with high-level product knowledge.

What Youll Bring:

• 10 years of experience in the financial services industry with emphasis on strategy and product development. Direct insurance industry experience desired.
• Familiarity with some or all insurance products offered by GMAD including Life Disability Accident & Health and Supplemental Health.
• Demonstrated success leading cross-functional initiatives and ability to manage multiple projects simultaneously.
• Strong strategic and analytical skills with the ability to translate vision into actionable roadmaps and measurable outcomes.
• A bias for action and proven ability to execute is critical to this role
• Executive presence and strong communication skills with experience presenting to senior leadership audiences.
• Bachelors degree required; MBA or advanced degree a plus.

Pay Transparency

Salary Range:$119000-$170000

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 individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary 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 Lifes leadership in this space.

Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by the 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 .

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Job Requisition ID: 93699