VP, AI-Driven Compensation Modeling

New York Life; New York (NY); Hybrid; USD 119,000 - 165,000; Full time

Benefits offered by this job

Discretionary bonus program

Incentive program

Comprehensive benefits including leave

NYL Benefits Site access

Job summary

New York Life in New York is seeking a Corporate Vice President to lead the design, modeling, and modernization of field compensation programs, leveraging actuarial principles, predictive analytics, AI, and data science to shape strategies.

You will partner with senior leaders across Compensation Strategy, Distribution, Finance, Technology, Data & Analytics, and Field Leadership to translate complex challenges into quantitative models and actionable recommendations, while enabling implementation

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, Data Science, or related quantitative discipline.
• 8-12 years of progressive experience in compensation strategy, actuarial science, predictive analytics, financial modeling, or quantitative business analysis.
• Demonstrated experience developing sophisticated financial or behavioral models supporting strategic business decisions.
• Strong understanding of incentive compensation principles, sales performance measurement, or behavioral economics.
• Advanced analytical capabilities including statistical modeling, scenario analysis, forecasting, and optimization techniques.
• Experience leveraging AI and ML tools to improve forecasting, modeling, or decision support.
• Advanced proficiency with Excel and analytical tools such as Python, R, SQL, SAS, MATLAB.

Responsibilities

• Lead the design and advanced analytical modeling of field compensation plans and other Field Experience needs.
• Develop predictive compensation models to evaluate financial impact, participant behavior, sales outcomes, and organizational performance.
• Apply actuarial methods, statistical analysis, machine learning, and AI-enabled modeling techniques to improve compensation design and decision making.
• Build simulation models that evaluate proposed compensation changes under multiple business scenarios and economic assumptions.
• Translate complex business challenges into quantitative models that support strategic compensation recommendations.
• Collaborate with Compensation Operations and Technology teams to ensure compensation designs can be effectively operationalized within the Varicent platform.
• Evaluate emerging AI capabilities and advanced analytics technologies to improve compensation design, forecasting, and operational efficiency.
• Lead compensation analytics supporting executive presentations, governance committees, and strategic planning initiatives.
• Assist in develop key performance indicators and dashboards measuring compensation plan effectiveness and participant outcomes.
• Mentor analysts and business partners in analytical methodologies, modeling techniques, and data-driven decision making.
• Support enterprise modernization initiatives focused on automation, AI adoption, and next-generation compensation capabilities.

Skills

Actuarial science

Predictive analytics

Financial modeling

Statistical modeling

Excel

Python

R

SQL

AI / machine learning

Executive communication

Leadership

Cross-functional collaboration

Education

Bachelor's degree in quantitative field

Tools

Varicent ICM

Power BI

Tableau

SAS

MATLAB

Job description

New York Life in New York is seeking a Corporate Vice President to lead the design, modeling, and modernization of field compensation programs, leveraging actuarial principles, predictive analytics, AI, and data science to shape strategies.

You will partner with senior leaders across Compensation Strategy, Distribution, Finance, Technology, Data & Analytics, and Field Leadership to translate complex challenges into quantitative models and actionable recommendations, while enabling implementation