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Product Development Associate - Life Insurance

New York Life Insurance Company
life insurance
United States, New York, New York
Jul 25, 2025

Location Designation:Hybrid - 3 days per week

Our New York Life culture has laid the foundation for over 180 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of an inclusive team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

You are our future, and we commit to investing in you accordingly.

Role Overview:

We are seeking an Product Development Associate to join the Whole Life and Term Product Development team within the Life Insurance Solutions division. This is an exciting opportunity to contribute to the innovation and enhancement of life insurance offerings in a highly collaborative and cross-functional role.
The Product Development Associate will serve as the Product Owner for the team, acting as the primary liaison between product development and our technology partners. This role will be instrumental in facilitating the successful implementation of system solutions that support product enhancements and launches. In addition to this core responsibility, the associate will participate in a wide range of product development functions including pricing strategy, marketing initiatives, and field communication.

What You'll Do:

* Serve as theteam's product owner and represent product development in technology planning and execution
* Collaborate with cross-functional partners to define, prioritize, and deliver work increments that align with product goals
* Support the design and implementation of product enhancements and new product initiatives
* Assist in the development and refinement of pricing models and business cases
* Help create training materials, sales enablement tools, and marketing content for the field
* Prepare and deliver presentations to internal stakeholders using Microsoft PowerPoint
* Support communication efforts to socialize product initiatives with internal teams and field agents

What You'll Bring:

* Bachelor's degree in Business, Finance, Economics, or related field
* 0-2 years of relevant work experience
* Foundational understanding of life insurance industry is preferred
* Strong written and verbal communication skills
* Highly organized with the ability to manage multiple priorities
* Proficiency in Microsoft Excel and PowerPoint
* Familiarity with Jira or other Agile tools is a plus
* Demonstrated ability to work collaboratively and take initiative in a fast-paced environment

Why Join Us:
* Be part of a purpose-driven company that helps protect the financial futures of millions of Americans
* Join a high-performing, mission-oriented team focused on delivering innovative insurance solutions
* Gain hands-on experience across the full spectrum of product development
* Access mentorship, training, and development opportunities within a Fortune 100 company
* Contribute to a culture of integrity, inclusion, and continuous improvement

Pay Transparency

Salary Range:$62,400-$90,000

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 here to 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 theFoundation.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: 92234

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