Location Designation: Hybrid - 4 days per week
The Research & Development Director, will play a key role in supporting the strategic R&D efforts within New York Life's Office of the Chief Investment Officer (OCIO), specifically as part of the Business Development team. This individual will work closely with the Head of Research & Development to identify, evaluate, and advance innovative investment strategies aimed at expanding the investable universe and enhancing portfolio outcomes for the general account.
The role offers a unique opportunity to contribute to cross-asset research, market discovery, and investment framework development while collaborating with multiple stakeholders across the OCIO. The ideal candidate is an intellectually curious, analytically driven investment professional with experience in private markets, structured products, and/or capital markets strategy.
Key Responsibilities:
Research & Investment Development
- Support the evaluation of scalable investment opportunities through fundamental analysis, thematic research, and strategy exploration.
- Contribute to the development and enhancement of analytical frameworks used to assess relative value, return on capital, and strategic fit within the general account.
Market & Regulatory Analysis
- Conduct research on nascent markets, emerging asset classes, and innovative investment structures.
- Analyze regulatory, capital, and accounting considerations relevant to proposed investment strategies.
Cross-Functional Collaboration
- Collaborate with teams across Portfolio Solutions, Alternatives, Portfolio Management, Legal, and Accounting to ensure alignment of R&D initiatives with investment goals, risk appetite, and operational readiness.
- Partner with internal stakeholders to facilitate the design and onboarding of new investment strategies.
Project & Process Management
- Help manage project timelines, deliverables, and coordination across workstreams related to new strategy incubation and implementation.
- Maintain research documentation, track idea progression, and support communication with internal and external partners.
Communication & Strategy Presentation
- Prepare presentations and written materials for senior leadership outlining investment theses, research findings, and strategic recommendations.
- Support ongoing refinement of the team's investment framework by incorporating market feedback and performance insights.
Qualifications
Education:
Bachelor's degree in Finance, Economics, Business, or a related field. Progress toward CFA, CAIA, or relevant certification preferred.
Experience:
6-10 years of experience in asset management, investment banking, private markets, insurance investing, or a similar institutional investment setting.
Skills & Attributes:
- Strong analytical skills, including experience with investment valuation, modeling, and portfolio construction.
- Demonstrated ability to synthesize and communicate complex financial topics clearly and effectively.
- Highly organized with strong project management skills and attention to detail.
- Collaborative mindset and ability to thrive in a dynamic, team-oriented environment.
- Intellectual curiosity and interest in developing innovative investment strategies within an insurance context.
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Pay Transparency
Salary Range: $116,000-$166,000
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.
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.
Top Skills
What the Team is Saying
What We Do
At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation.
As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures.
Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services.
Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways.
With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving.
We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.
Why Work With Us
New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.
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New York Life Insurance Company Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
