Location Designation: Hybrid
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.
Alternate locations: New York, NY (New York); Leawood, KS (Kansas)
This position primarily involves a hybrid work schedule – working remotely: Monday & Friday / on site: Tuesday, Wednesday, and Thursday.
The Assistant Product Manager is responsible for providing support to the Institutional Life Product Manager for the product development of Institutional Life’s Bank Owned Life Insurance (BOLI) and Corporate Owned Life Insurance (COLI) products and oversight of our legacy products.
The Assistant Product Manager role will report to the Product Manager within Institutional Life.
Primary Responsibilities:
- Understand our current BOLI and COLI product offerings and how they meet stakeholders’ objectives as well as our legacy products
- Project manage product initiatives from product ideation to business specifications and product roll out leading a cross-functional team through the product development process
- Act as Product Owner for technology work and drive backlog prioritization for all product related projects with technology delivery teams and third-party vendors
- Assist in the policy and rider contract drafting in conjunction with the filing team and our Office of General Counsel (OGC) for new product development and changes to the product features on inforce
- Explore BOLI and COLI opportunities, such as through external research, that New York Life can capitalize on
- Update and maintain a detail listing of all legacy and current products and key features in order to be the key resource when questions about these products arise
- Provide research on our competitor’s products and their filings to provide insights to Institutional Life’s project and product strategy
- Support strategic thinking and initiatives of NYL’s Institutional Life business
- Assist with PowerPoint decks and governance memos required for product development work
- Support inforce business including the preparation of internal and external reporting and remediation efforts
Qualifications:
- Bachelor’s degree with 2+ years of related work experience
- Good project management skills with the ability to plan and execute independent and team projects within reasonable timeframe
- Demonstrates high energy and a strong motivation to contribute to the success and growth of the business
- Ability to communicate effectively and professionally in writing and orally.
- Flexibility to juggle and prioritize multiple high priority projects; must be very organized and have excellent follow-through.
- High standard of accuracy and attention to detail.
- Strong interpersonal skills
- Knowledge of JIRA and Tableau a plus
Locations:
NYC (home office) or Leawood, KS office
This position primarily involves a hybrid work schedule – working remotely: Monday & Friday / on site: Tuesday, Wednesday, and Thursday.
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Salary range: $77,500-$117,500
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: 89175