Senior Associate, Investments- New York Life Ventures

Location Designation: Hybrid - 3 days per week
Technology, Data, AI and Ventures:
Within the Tech, Data, AI, Ventures (TDAV) organization, our work is guided by a shared vision: deploying the power of technology, data, AI and ventures to accelerate sustainable competitive advantage for New York Life's businesses. We build solutions that power how we serve policy owners, agents, advisors and employees while delivering measurable business outcomes.
Across technology, data, AI, cyber, product, digital experience, architecture and infrastructure, TDAV combines the scale and investment of an industry leader, access to leading-edge technologies and the opportunity to help shape how a world-class financial services company competes in the AI era - all backed by the stability and purpose of a mutual company built to last.
New York Life Ventures is hiring a Senior Associate to join the Investments team. As a key member of the investment team, the successful candidate will make an immediate impact by employing a data and network driven approach to identifying investment opportunities in areas of thematic relevance to New York Life. The candidate will own and drive workstreams across the end-to-end investment process (evaluation, research, due diligence, transaction execution, portfolio management and operations) across both direct and fund investments. Importantly, and given New York Life Ventures' strategic investment mandate, the successful candidate will actively qualify and evaluate opportunities on both their investment and strategic merits while contributing to the refinement and evolution of our investment themes.
What You'll Do:• Source, research and evaluate companies for potential investment and/or strategic opportunities• Lead evaluation of venture fund opportunities, including diligence, modeling, and referencing• Own deal screening and drive due diligence workstreams from initial evaluation through transaction execution• Manage assigned portfolio companies and fund relationships post-investment, including performance tracking, valuation analysis, and quarterly reporting• Build and maintain direct relationships with company founders, key executives, and fund general partners, serving as a primary point of contact for assigned opportunities• Lead industry research, total addressable market (TAM) analysis, and competitive landscaping to inform investment decisions• Develop financial models and analyses of company and fund metrics to underwrite investment recommendations• Author executive-level investment proposals and portfolio materials, and present recommendations to senior leadership and the investment committee• Partner with the startup partnership team and NYL business unit stakeholders to identify and unlock strategic opportunities across the portfolio• Lead thematic research that shapes the team's investment focus areas and strategic priorities, and develop a point of view on emerging trends
What You'll Bring:• Thoughtful and highly analytical mindset balanced with strong people skills to enable effective expression of well-informed viewpoints while positively representing NYL Ventures in the market• 5-7+ years' experience in PE/VC or a related field (e.g., fund-of-funds, corporate development, buy- or sell-side investment research, fund-of-funds, strategy consulting, investment banking, business or strategy at a technology company, etc.)• Demonstrated or developing subject-matter expertise in one or more focus areas relevant to NYL Ventures (e.g., fintech, insurtech, AI/ML, enterprise software, data infrastructure, or cybersecurity), with a willingness to build and defend a differentiated point of view and become a recognized internal expert in that domain• A strong inner-drive to learn new things and create new value in a collaborative team environment• Strong work ethic and demonstrated passion for the rapidly advancing technology landscape within and adjacent to financial services• Expertise with financial modeling and presentation software (e.g. Excel and PowerPoint) and excellent communication skills• Proficiency in leveraging Generative AI tools (e.g., Claude, ChatGPT, etc.) to accelerate research, synthesize complex information, enhance individual productivity, and redesign functional processes.• Ability to work independently but also interactively within a team environment with a balance of confidence, humility and high integrity• Ability to develop informed opinion
Job Level: LEVELPF4
Pay Transparency
Salary Range: 115,0000 - 164,500
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.
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 feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.
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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 95006
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