Insurance Structuring and Solutions Lead

New York Life; New York (NY); Hybrid; USD 200,000 - 275,000; Full time

Benefits offered by this job

Leave programs

Adoption assistance

Student loan repayment

Job summary

New York Life Investment Management (NYLIM) is seeking a strategic leader to partner with the Head of Insurance Solutions in developing and deploying complex insurance investment solutions. You will help design, structure and commercialize capabilities for insurers in North America, Europe and Asia, aligning capital, regulatory and liquidity objectives with client needs.

With deep knowledge of private markets, fixed income and structured credit, you will work across global investment teams to

Qualifications

• 10+ years of relevant experience in insurance investments, institutional asset management, product strategy or investment structuring.
• Deep understanding of insurance company portfolios, statutory accounting, capital requirements and insurance regulation.
• Strong knowledge of insurance regulatory and capital frameworks, with experience or familiarity across U.S. and global markets.
• Experience designing institutional investment structures and customized client solutions, including experience with structured investment vehicles or asset level structuring.
• Knowledge of investment vehicles including separately managed accounts, commingled funds, rated feeders, collateralized fund obligations, feeder funds, insurance dedicated funds, secondaries and other insurance oriented structures.
• Understanding of credit insurance and the role it can play in developing investment solutions for insurance investors.
• Strong understanding of private markets, fixed income, structured credit and multi asset portfolios.
• Ability to approach structuring with an open minded and entrepreneurial mindset, with a willingness to explore new vehicles, asset classes and solutions as client needs evolve.

Responsibilities

• Partner with the Head of Insurance Solutions to develop and execute the long term strategy for the insurance solutions business.
• Work alongside the Head of Insurance Solutions to design investment solutions that address insurers' investment, capital, accounting, liquidity and regulatory objectives.
• Partner with the Head of Insurance Solutions and the New York Life General Account (OCIO) to identify portfolio needs and develop scalable solutions for external insurance clients.
• Collaborate with NYLIM affiliate managers to identify, package and commercialize investment capabilities for insurance clients.
• Partner on a broad range of structuring opportunities, including rated feeders, collateralized fund obligations and other structured vehicles, secondaries, credit insurance and customized investment solutions.
• Evaluate opportunities to structure solutions at the underlying asset level as well as at the fund, portfolio and vehicle level, with a focus on creating efficient and scalable outcomes for insurance investors.
• Work with affiliate investment teams to adapt existing strategies into insurance specific offerings and explore new structures where existing products do not fully address client needs.
• Partner with distribution and affiliate leadership to identify opportunities to bring existing capabilities to market through differentiated insurance offerings.
• Help identify and develop opportunities across global insurance markets, including Europe and Asia, where regulatory frameworks, capital requirements and market dynamics may create attractive opportunities for innovative insurance solutions.
• Maintain a strong understanding of insurance investment regulations and capital frameworks and apply that knowledge to solution design and structuring.

Skills

Insurance investments

Asset management

Product strategy

Investment structuring

Cross-functional collaboration

Regulatory knowledge

Stakeholder influence

Communication

Job description

Location Designation: Hybrid - 4 days per week

About New York Life Investment Management

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

Primary Responsibilities

• Partner with the Head of Insurance Solutions to develop and execute the long term strategy for the insurance solutions business.
• Work alongside the Head of Insurance Solutions to design investment solutions that address insurers' investment, capital, accounting, liquidity and regulatory objectives.
• Partner with the Head of Insurance Solutions and the New York Life General Account (OCIO) to identify portfolio needs and develop scalable solutions for external insurance clients.
• Collaborate with NYLIM affiliate managers to identify, package and commercialize investment capabilities for insurance clients.
• Partner on a broad range of structuring opportunities, including rated feeders, collateralized fund obligations and other structured vehicles, secondaries, credit insurance and customized investment solutions.
• Evaluate opportunities to structure solutions at the underlying asset level as well as at the fund, portfolio and vehicle level, with a focus on creating efficient and scalable outcomes for insurance investors.
• Work with affiliate investment teams to adapt existing strategies into insurance specific offerings and explore new structures where existing products do not fully address client needs.
• Partner with distribution and affiliate leadership to identify opportunities to bring existing capabilities to market through differentiated insurance offerings.
• Help identify and develop opportunities across global insurance markets, including Europe and Asia, where regulatory frameworks, capital requirements and market dynamics may create attractive opportunities for innovative insurance solutions.
• Maintain a strong understanding of insurance investment regulations and capital frameworks and apply that knowledge to solution design and structuring. Familiarity with global insurance regulatory regimes is highly valued.
• Collaborate with legal, tax, compliance, operations and product teams to develop and launch new solutions.
• Support client engagements in partnership with the Head of Insurance Solutions by articulating solution design, structuring considerations and implementation requirements.
• Serve as a connector across investment teams and business functions to help build a scalable global insurance platform.

Qualifications

• 10+ years of relevant experience in insurance investments, institutional asset management, product strategy or investment structuring.
• Deep understanding of insurance company portfolios, statutory accounting, capital requirements and insurance regulation.
• Strong knowledge of insurance regulatory and capital frameworks, with experience or familiarity across U.S. and global markets. Experience with European and Asian insurance markets is a plus.
• Experience designing institutional investment structures and customized client solutions, including experience with structured investment vehicles or asset level structuring.
• Knowledge of investment vehicles including separately managed accounts, commingled funds, rated feeders, collateralized fund obligations, feeder funds, insurance dedicated funds, secondaries and other insurance oriented structures.
• Understanding of credit insurance and the role it can play in developing investment solutions for insurance investors.
• Strong understanding of private markets, fixed income, structured credit and multi asset portfolios.
• Ability to approach structuring with an open minded and entrepreneurial mindset, with a willingness to explore new vehicles, asset classes and solutions as client needs evolve.
• Experience working across multiple investment teams and asset classes to develop integrated solutions.
• Excellent strategic thinking, collaboration and execution skills.
• Ability to influence senior stakeholders and work effectively across multiple teams and affiliates.
• Outstanding communication and relationship management skills.
• Interest in working across global markets and developing solutions for insurance clients in North America, Europe and Asia.

Pay Transparency

Salary Range: $200,000-$275,000

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.

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.

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.

Job Level: LEVELPF6