Corporate Vice President, Underwriting Modernization
- New York City, NY
- $135,000-180,000 per year
- Permanent
- Full-time
- Analyze underwriting data and processes to identify opportunities for automation, efficiency, and improved risk selection.
- Lead and implement innovation projects focused on modernizing underwriting, from ideation to execution including automation of evidence collection, risk assessment tools, Artificial Intelligence/ predictive models, and rules engines.
- Collaborate cross-functionally; Partner with product, actuarial, data science and technology teams to redefine underwriting workflows and digital customer experiences.
- Identify and implement innovative tools and data sources to improve underwriting speed, accuracy, and user experience.
- Oversee agile delivery and vendor teams ensuring alignment to business priorities and compliance standards.
- Create business cases for modernization initiatives, including ROI estimates, resource requirements, and success metrics.
- Foster a culture of continuous improvement by monitoring key performance indicators (KPIs) and industry trends in morbidity underwriting.
- Develop underwriting governance models that balance risk management with efficiency.
- Serve as a thought leader internally and externally; stay current with medical advancements, regulatory changes, and market trends impacting underwriting.
- Analyze complex data and business metrics to synthesize actionable insights and guide strategic decision-making at the leadership level.
- Collaborate with senior leaders and product teams to gather input, shape discussion topics, and ensure follow-through on key action items to drive progress of business priorities.
- Partners, collaborates, and communicates effectively with operations and technology teams.
- Track and monitor the execution of high-priority decisions, providing regular updates to leadership on progress and outstanding action items.
- Lead the reporting and communication of Underwriting OKR progress, ensuring business priorities remain on track.
- Work closely with cross-functional partners to surface roadblocks, identify solutions, and drive execution of strategic initiatives.
- Support the development, execution, and ongoing refinement of the Underwriting Innovation/ Modernization roadmap.
- Bachelor's degree in a relevant field; advanced degree or professional designations (e.g., FLMI, FALU) preferred.
- Extensive experience (7+ years) in Life, LTC or Disability underwriting, with a strong focus on health/morbidity risk is required. Attainment of one or more professional underwriting designations (e.g., FLMI, FALU) is desired.
- Proven track record in leading underwriting innovation or transformation projects.
- Strong analytical, critical thinking, and project management skills.
- Excellent communication and collaboration abilities, with experience presenting to senior leadership.
- Experience with rules engines, predictive modeling, and data-driven underwriting practices.
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. 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 . 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 page of .Visit our to see how our employees and agents are leading the industry and impacting communities.Visit our to learn more about how our company is constantly evolving to meet our clients' and employees' needs.Job Requisition ID: 91977About NY Life Insurance CompanyDiversity & Humanity–two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.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 a diverse 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.Visit our to see how our employees and agents are leading the industry and impacting communities.Visit our to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.