Senior Associate, Product Development & Management

 

Location Designation: Hybrid - 3 days per week 

 

 

 

 

Role Overview:  
The Retail Annuities Business is seeking to hire a Senior Associate for the Product Management team who will support product development and management efforts across several product lines (with a focus on Variable Annuities & Guaranteed Income Annuities). The Senior Associate will also conduct research on existing products and the distribution landscape of annuity solutions. They will support cross-functional initiatives and ensure our offerings remain competitive, consumer-focused and aligned with the company’s mission and profitability goals. This position will report to the Guaranteed Income Annuity & Variable Annuity Product Manager.

 

What You’ll Do:  
• Lead highly analytical product initiatives and projects
• Contribute to and support initiatives that bring products through the end-to-end product development lifecycle – from concept and market research to business case development, platform specifications, implementation and launch.
• Support in steering cross-functional resources in a collaborative way to meet business objectives.
• Support in educating and training our sales specialists about new product ideas and sales concepts.
• Support in driving product approval/on-boarding and business development opportunities with strategic third-party firms.
• Prepare written summaries for senior management covering new product ideas, project status updates and developments within the annuity marketplace.
• Research competitor’s income generating products issued in the insurance and asset management industries.
• Complete competition research projects as warranted by developments/conditions. Track competitor events, including monitoring new product and feature launches, as well as corporate level news – alerting appropriate stakeholders as needed.

 

 

What You’ll Bring:  
• Bachelor’s degree and/or equivalent experience.

• 3-5+ years of professional work experience in financial services.
• Strong research, analytical and quantitative skills.
• Excellent communicator who can express ideas in writing and orally in an eloquent and engaging manner.
• Understanding of annuity product design, product positioning and distribution markets a plus.
• Experience using data and analytics to inform product decisions using tools such as Excel; familiarity with business case development desirable.
• Demonstrates high energy and a passion for work.

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Pay Transparency

Salary Range: $79,000 - $113,000 

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.

 

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

 

Company Overview 

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact. 

Our diverse business portfolio creates opportunities to make a difference across industries and communities—inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you’ll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress. 

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what’s next, and your growth powers it. 

 

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 feedba