New York Life Insurance Company
VP, Foundational Business Transformation Data and AI lead
Be an Early Applicant
The VP of Data & AI will define and implement Data & AI strategy, lead initiatives for business transformation, ensure governance, financial accountability, and foster a culture of innovation across the organization.
Location Designation: Hybrid - 3 days per week
The VP, Foundational Business Transformation Data and AI lead is a senior executive accountable for defining, co-owning, and helping deliver the Data & AI strategy for the Foundational Business. This role is responsible leveraging Data and AI as key drivers of the overall business transformation through data-driven and AI-enabled capability identification, defining the value creation, supporting operational impact, and financial performance working closely with business and technology delivery leaders.
The VP serves as a key leader in the Transformation Office and is a strategic advisor to executive leadership, shaping how data and AI are leveraged to drive growth, efficiency, and competitive advantage. This role has owns the Data & AI portfolio for the Foundational Business, including strategy, execution, governance, and adoption.
Key Responsibilities
Strategy & Transformation
Execution & Delivery
Data & Governance
Financial Accountability
Leadership & Organization
Cross-Functional & External Influence
Qualifications
Key Competencies
Pay Transparency
Salary Range: $250,000 - $300,000
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.
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.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 94103
#BI-Hybrid
The VP, Foundational Business Transformation Data and AI lead is a senior executive accountable for defining, co-owning, and helping deliver the Data & AI strategy for the Foundational Business. This role is responsible leveraging Data and AI as key drivers of the overall business transformation through data-driven and AI-enabled capability identification, defining the value creation, supporting operational impact, and financial performance working closely with business and technology delivery leaders.
The VP serves as a key leader in the Transformation Office and is a strategic advisor to executive leadership, shaping how data and AI are leveraged to drive growth, efficiency, and competitive advantage. This role has owns the Data & AI portfolio for the Foundational Business, including strategy, execution, governance, and adoption.
Key Responsibilities
Strategy & Transformation
- Define and own the Data & AI strategy aligned to enterprise and Foundational Business priorities. Establish long-term roadmaps and investment priorities for Data & AI capabilities
- Convert the overall strategy to prioritized and actionable implementation opportunities with varying degrees of complexities i.e., business level 'big bets', AI is enabler to on going products/ initiatives etc.,
- Develop impact metrics and business cases aligned to AI and design changes required in talent and capabilities as an outcome of AI solutions
- Advise senior executives and influence enterprise strategy through data-driven insights and innovation
Execution & Delivery
- Accountable for end-to-end delivery of Data & AI initiatives, ensuring measurable business outcomes and value realization in partnership with Technology leaders
- Lead prioritization and execution of a portfolio of AI and data initiatives, balancing speed, scale, and risk
- Ensure successful adoption and scaling of AI solutions across the business
Data & Governance
- Partner with Tech Data leader to define and implement enterprise-grade data governance frameworks across value streams, including data quality, privacy, security, and compliance
- Oversee the development and scaling of data products and platforms required to enable AI capabilities working closely with Technology leaders
- Establish standards for responsible AI and data usage across the organization
Financial Accountability
- Own and manage a Data & AI investment portfolio, including budgeting, prioritization, and resource allocation
- Accountable for ROI and financial performance of Data & AI initiatives
- Align investments with business strategy and transformation goals
Leadership & Organization
- Lead and scale a multi-disciplinary organization to become a AI first leading insurance organization
- Develop and mentor senior leaders, building organizational capability and succession pipelines
- Drive a culture of innovation, accountability, and continuous improvement
- Operate effectively in a matrixed environment, leading through both direct and indirect teams
Cross-Functional & External Influence
- Act as the primary interface between business and technology organizations
- Drive alignment across business units, technology, and transformation teams
- Represent the organization externally with partners, vendors, and industry forums
- Build and manage strategic partnerships to accelerate Data & AI capabilities
Qualifications
- Bachelor's or Master's degree in Computer Science, Data Science, Engineering, Business Administration, or related field; MBA preferred
- 12+ years of progressive leadership experience in data, AI, analytics, and business transformation
- Proven track record of leading large-scale, enterprise Data & AI initiatives
- Strong understanding of business strategy, financial management, and operating models
- Deep expertise in data platforms, AI/ML technologies, and governance frameworks
- Exceptional ability to influence and communicate with executive stakeholders
Key Competencies
- Strategic Leadership
- Enterprise Thinking
- Innovation & Transformation
- Executive Influence
- Financial Acumen
- Organizational Leadership
- Change Management
Pay Transparency
Salary Range: $250,000 - $300,000
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.
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.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 94103
#BI-Hybrid
New York Life Insurance Company New York, New York, USA Office




51 Madison Avenue, New York, NY, United States, 10010
New York Life Insurance Company Jersey City, New Jersey, USA Office
New York Life Insurance Company Jersey City, NJ Office

30 Hudson Street , Jersey City, New Jersey, United States, 07302
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