Vice President (Managing Director), Strategy & Internal Consulting in New York, New York | DiversityInc Careers

Vice President (Managing Director), Strategy & Internal Consulting

New York Life Insurance Company is the largest mutual life insurance company in the United States. Founded in 1845 and headquartered in New York City, New York Life reported 2017 operating earnings of $2.06 billion. Total assets under management at year end 2017, with affiliates, totaled $586 billion.


New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+ (Source: Individual independent rating agency commentary as of 8/1/17).


Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.



Position Overview


The Strategy & Internal Consulting team works closely with the CEO and the Executive Leadership Team to help define & articulate business strategy and support oversight and execution of key enterprise strategic initiatives and other large / complex programs.  This team works closely with Finance, Technology and other key stakeholders to drive the annual planning process.  The team also supports key decision-making forums and senior executive/Board meetings.


The team partners with Senior Leaders in the various business and functional areas to support development and execution of strategic initiatives within those areas. The team’s role typically includes framing and analyzing complex business problems, developing recommendations, partnering with line managers to drive execution, facilitating governance and communication processes, and playing a key role in informing and influencing decision making.


The Strategy & Internal Consulting team comprises high performing individuals with strong academic credentials and professional experiences with backgrounds in management consulting & industry.  


Role Description


Thought Leadership, Advisory and Executive Communication

  • Develop pragmatic solutions to key strategic and operational issues, develop & present recommendations to senior leadership, play a key role in informing and influencing senior management decision making
  • Drive iterative development of long-term strategy and operating plan for NYL
  • Support development of robust business plans for portfolio of standalone businesses, tying them into core strategy
  • Provide enterprise program management overlay to ensure execution of cross-functional strategic initiatives, including interdependencies between key business, technology and financial planning processes
  • Oversee agenda and materials development for senior executive audiences & meetings e.g., Board Meetings, Executive Offsites, etc.


Project Leadership

  • Oversee implementation of multiple key initiatives, working closely with line management responsible for executing change
  • Lead execution of key enterprise initiatives by forming collaborative partnerships with colleagues across businesses and functional areas
  • Provide thought leadership and strategic oversight in relevant areas (e.g., Digital Transformation, Robotics, etc.)
  • Manage governance process, ensuring regular communication and coordination of initiatives across executive management team


People Management

  • Lead and motivate high performing, diverse teams consisting of direct reports, line managers, and corporate resources in delivering results
  • Ensure training and development needs of the team are being met at all points in their career journey


Desired Qualifications

We are looking for outstanding individuals with excellent intellectual & analytical capabilities, pragmatic problem solving skills, strong communications & influencing capabilities, a robust strategy & change management toolkit and a passion to effect change across the organization at the most senior levels.

  • Bachelor’s degree required, MBA or advanced degree strongly preferred
  • 5-7 years in a top-tier management consulting firm
  • Outstanding critical thinking, analytical and quantitative abilities gained through leading large scale high impact strategy assignments
  • Strong communication skills including experience in developing C-suite presentations
  • Experience in financial services preferred, insurance expertise is a plus
  • Broad understanding of current technology practices (Agile, Cloud Computing/SaaS, Enterprise Data Management, etc.) & emerging trends (Robotics/AI, InsurTech, etc.) is desired
  • Collaborative work style / leadership presence with ability to effectively interact with & earn trust of peers and senior management across the organization
  • Project and process management skills, including proven ability to manage multiple projects simultaneously
  • Executive presence; self-starter with a keen sense of ownership and commitment to the work, and a passion to deliver results





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