New York Life Insurance Company · 1 day ago
CVP - Investment Product Manager
New York, NY
Full-time
Hybrid
Director/Executive
$135K/yr - $170K/yrNew York Life Insurance Company is seeking a strategic leader to serve as Corporate Vice President – Investment Product Manager within the Institutional Life Department. This role is responsible for overseeing the investment product team, ensuring the competitiveness and compliance of the investment platforms, and driving product innovation and performance.
FinanceFinancial ServicesInsurance
Responsibilities
Manage and mentor the product manager associate, fostering a culture of high performance, accountability, and continuous learning, while contributing to broader talent development, succession planning, and capability building within the Institutional Life organization
Provide guidance to employees, colleagues, and external partners, including senior leaders, influencing decisions, and driving results
Serve as a thought leader on investment market trends and product innovation, proactively identifying opportunities to enhance the investment platform
Own the strategy, governance, and lifecycle management of the variable product investment fund lineup, encompassing 150+ registered funds across 27 fund managers and a private/exempt investment platform of internal and external hedge fund managers, with accountability for performance, risk alignment, and platform competitiveness
Evaluate, recommend, and champion new fund additions, investment strategies, and new or emerging asset classes based on client needs, market trends, competitive positioning, and platform objectives, balancing strategic leadership with hands-on oversight of critical initiatives to ensure disciplined execution in a highly regulated environment
Lead the onboarding of new funds and oversee enhancements to the investment platform, ensuring alignment with strategic objectives and governance standards
Coordinate closely with the operations team on fund additions, removals, replacements, and structural changes, ensuring accurate execution, system readiness, and seamless implementation
Demonstrate agility in managing multiple concurrent product initiatives, continuously prioritizing and re-prioritizing work to focus on the highest-impact efforts
Participate actively in product development team initiatives, contributing investment product expertise from concept through implementation
Oversee annual and ad-hoc prospectus updates, regulatory disclosures, and due diligence processes in partnership with internal Legal and Compliance teams and external fund managers
Ensure timely, accurate, and compliant updates to prospectuses and Private Placement Memoranda, applying a high degree of attention to detail
Oversee registered fund reporting and quarterly exempt fund reviews, ensuring accuracy, consistency, and adherence to internal governance standards
Provide strategic oversight and monitoring of investment activity and performance across internally managed portfolios
Build and maintain deep, trusted relationships with internal and external fund managers, serving as a strategic partner on product design, performance expectations, and platform evolution
Identify gaps and opportunities within the fund lineup and collaborate with investment managers to develop or source new solutions
Gather and synthesize competitive intelligence on market trends, peer platforms, and investment funds to inform product strategy and fund recommendations
Qualification
Required
Bachelor's degree and/or equivalent experience
Series 6 or Series 7 license (or ability to obtain within six months)
Significant experience in investment product management, fund governance, and cross-functional leadership
Advanced understanding of investment product practices and procedures; working knowledge of Legal, Compliance, Operations, and Technology disciplines
Proven ability to manage multiple complex initiatives simultaneously while maintaining strong attention to detail
Excellent written and verbal communication, analytical, relationship-management, and problem-solving skills
Preferred
MBA and/or CFA designation
Experience with BOLI and/or institutional investment portfolios
Familiarity with Managed Separate Accounts and Insurance Dedicated Funds
Prior experience with derivative strategies, alternative investments, or fixed-income portfolios
Benefits
Leave programs
Adoption assistance
Student loan repayment programs
Company
New York Life Insurance Company
For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.
Founded in 1845
10001+ employees
H1B Sponsorship
New York Life Insurance Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (149)
2024 (99)
2023 (85)
2022 (77)
2021 (48)
2020 (65)
Funding
Current Stage
Late StageLeadership Team
Craig DeSanto
CEO
Don Vu
Senior Vice President, Chief Data & Analytics Officer
Recent News
2026-01-13
2026-01-05
Insurance News in the United States
2025-12-13
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