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Corporate Vice President, Head of Strategy & Analytics - GMAD
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$160k-217k (estimate)
Full Time 6 Days Ago
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New York Life Insurance Co is Hiring a Corporate Vice President, Head of Strategy & Analytics - GMAD Near White Plains, NY

Location Designation: Hybrid - 3 days per week
When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday. Under certain circumstances, will consider a remote option.
New York Life's Group Membership Association Division (GMAD) is the leading provider of life, disability and supplemental health programs for the association market. GMAD's history stretches back over 70 years. Today, the business has $630M of premium in force, 300 group clients and nearly 900K customers.
The Head of Strategy & Analytics will report to the Head of GMAD and be a member of the Senior Leadership Team (SLT). He/she will focus on leveraging data and analysis to inform strategic and operational decisions. In addition, this individual will drive execution on strategic and product initiatives that cut across departments. This includes leveraging data, facts, and sound logic to ensure we make well-reasoned decisions that improve business results. Leading a team of 4-5 analytics and product professionals, the Head of Strategy & Analytics will partner extensively with GMAD's leaders to help them manage their areas more efficiently and effectively.
This role is ideal for proven analytics professionals with the business acumen, leadership, and communication skills to expand their careers into strategy & product development. The same is true for candidates with a management consulting, strategy or product background with some technical experience but are willing to go deep on their data and analytics skills.
Role Description
  • Business Analytics
    • Develop and refine KPI reporting in support of key GMAD initiatives with emphasis on quality rather than quantity. Partner with Finance to translate KPIs to financial impact.
    • Lead and develop 2-3 analytics professionals to deliver impactful reporting and ad hoc analysis in an efficient manner using BI and other analytic tools.
    • Own development and execution of selected, high profile business analysis projects (e.g., cost/benefit, sales growth, and operational efficiency analyses)
    • Partner with Operations to build out workforce management analytics.
    • Interpret the results of reporting/analytics in conjunction with business partners. Identify and execute improvements to reporting.

  • Strategy Development & Execution
    • Manage execution on selected strategic initiatives through a mix of planning, problem solving and stakeholder management.
    • Bring facts and data to address key strategic and operational questions to improve decision-making and accountability for results.
    • Develop and adjust business cases for strategic initiatives. Partner with finance and other areas to measure initiative impact.
    • Identify and vet new strategic options with emphasis on high impact growth and operational efficiency initiatives.

  • Product Development
    • Provide direction on product development and creative solutioning for client needs while balancing the GMAD's long term business needs.
    • Coordinate roll out of selected product and pricing initiatives. Troubleshoot obstacles and bring appropriate team members to identify solutions.
    • Update and socialize an updated mandate for our 2 product professionals. Balance current responsibilities with unmet product management needs
Desired Qualifications
  • 10 years of experience in roles focused on business intelligence, analytics, or business strategy with progressively higher levels of responsibility.
  • 3 or more years of working with large/complex datasets and extracting trends and actionable insights.
  • For technical applicants, experience managing or working cross-functional initiatives and creating strong partnerships with stakeholders. For candidates with strategy backgrounds, experience working with data on a hands-on basis including BI tools, coding, or other technical work.
  • Strong preference for proficiency with business intelligence tools, SQL and other data/analytics tools requiring programming. Similar depth desired with Excel and other MS Office applications
  • Experience leading a team and developing talent.
  • Excellent analytical and communication (written and oral) skills
  • Strong project management skills required.
  • Working experience with life, disability and/or supplemental health insurance products preferred
  • Bachelor's degree required with a major in a technical or math oriented subject a plus. Master's degree or FSA desirable
This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday. Under certain circumstances, will consider a remote option.
It is recommended that all qualified candidates apply to this posting as soon as possible. Residents of Colorado are hereby notified that the deadline to apply is 3 weeks from the Posting Date listed above.
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#LI-HYBRID

#LI-REMOTE
Salary range: $175,000-$220,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
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. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 90126

Job Summary

JOB TYPE

Full Time

SALARY

$160k-217k (estimate)

POST DATE

05/07/2024

EXPIRATION DATE

05/20/2024

WEBSITE

newyorklife.com

HEADQUARTERS

NEW YORK, NY

SIZE

7,500 - 15,000

FOUNDED

2015

CEO

THEODORE A MATHAS

REVENUE

$10B - $50B

INDUSTRY

Insurance

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About New York Life Insurance Co

Youll find all that and more as a New York Life Financial Professional. At New York Life, we believe its possible to get ahead and do the right thing. This career isnt for everyone, but the best Agents and Managers in our company will tell you theres nothing else like it. Successful Agents at New York Life come from many different cultures and backgrounds. Most have dreams like yours. And life stories nothing like yours. Thats one reason our Company is a great place to build your career. Are you looking for an opportunity to grow as a professional in a well-established companyone that provides ... a support structure to help you succeed? At New York Life, our generations of experience, combined with your hard work and entrepreneurial spirit, can give you the competitive advantage you need in a rapidly changing career landscapeeven if you dont have experience in selling financial products. With the support of experienced managers and agents, youll have the opportunity to learn and can begin shaping the career you want, backed by a company thats kept the promises its made for 170 years. And its not just monetary rewards youll be earning. Your work as an agent lets you make a real difference in your community. Want to hear more? Lets talk. Making a difference and building relationships. Getting ahead by doing the right thing is exactly what New York Life agents do every day. If youre looking to make a real difference by helping people in your community achieve financial security, then this might just be the career youre looking forone that puts you in control. In fact, our agents are recognized among the best trained and most knowledgeable in the industry. When you join New York Life, its not about where youve come from; its about where you want to go. Lets talk further about the opportunities that New York Life can offer you. Contact me today! More
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