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Senior Associate, Strategic Initiative Consultant
New York Life Insurance
White Plains, NY, United States
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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.
Overview:
The FDP&R Strategic Initiative Support team, reporting into the Field Development, Prospecting & Retention lead, works closely with the Agency Leadership Team on key initiatives supporting the company’s overall vision and strategy. The mission of the Field Development, Prospecting & Retention team is to develop new agents that join the company, help them become more established, and increase the overall new agent retention. The Strategic Initiative Support team partners with senior leaders in various FDPR areas supporting development and execution of strategic initiatives aimed at increasing new agent retention. This team comprises of high performing individuals with strong academic credentials and professional experiences with backgrounds in management consulting & industry.
This role will support the design, development and implementation of strategic initiatives within the Field Development, Prospecting & Retention, while managing synergies between these initiatives. This role will drive the initial thinking and framing of strategic initiatives that is required upfront; this includes framing and analyzing complex problems, assessing current state, designing target state solutions, developing realistic recommendations, and supporting the initial implementation across the organization. We are looking for an outstanding individual with excellent intellectual and analytical capabilities, pragmatic problem solving skills, strong communications and influencing capabilities, a robust strategy and change management toolkit, a passion to effect change across the organization at the most senior levels, and strong people management and development skills.
Responsibilities:
Thought Leadership & Advisory
• Frame and analyze complex problems
• Assess areas of opportunity, in line with overall vision and strategy
• Develop pragmatic solutions to key strategic and operational issues
• Support development & presentation of recommendations to senior leadership
Strategic Planning Office / Executive Communication
• Support strategic planning and related activities
• Facilitate structured reviews of the enterprise portfolio of strategic initiatives & implications (e.g., budget considerations, resource allocation, etc.)
• Support agenda and materials development for senior executive audiences & meetings (e.g., Steering Committee Meetings, etc.)
Project Leadership
• Support end-to-end delivery of solutions
• Support implementation of key enterprise initiatives by forming collaborative partnerships with colleagues across businesses and functional areas
• Support management of enterprise governance and communication processes
Qualifications:
• Bachelor Degree - BS or BA required (Finance/ Operations Management/ Organizational Behavior)
• Minimum 5+ years overall experience, 3+ years in top-tier management consulting firm
• Experience in financial services preferred, insurance expertise a plus
• Outstanding analytic and quantitative capabilities
• Strong communication skills including experience in developing C level presentations and communications
• Collaborative work style and leadership presence with ability to effectively interact and earn trust of peers and senior management across the organization
• Project and process management skills including proven ability to juggle multiple projects at the same time
• Large and small group facilitation skills and experience
• Team management and development skills
• Self-starter with a passion to deliver results
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EOE M/F/D/V
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