Sr. Director, ALM Production Analytics Lead

Job Requisition

Location Designation:
Hybrid - 3 days per week

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

The ALM & Investment Strategy Team’s mission at New York Life is to effectively partner with the business, finance, and asset management teams to research, develop, and implement Investment strategies that help meet business and financial objectives. These goals heavily depend on robust models and data.

We are seeking an experienced and forward‑thinking Senior Quantitative Analyst to lead the development and advancement of sophisticated models supporting asset‑liability management (ALM) and investment analytics. This role offers the opportunity to drive quantitative innovation at the intersection of insurance liabilities and complex fixed‑income investments, with high visibility across investment, actuarial, and finance teams.

• Lead the design, development, and refinement of advanced models for projecting and analyzing insurance asset and liability portfolios.
• Drive ALM model strategy and technical architecture, ensuring frameworks are both analytically robust and aligned with evolving business and regulatory needs.
• Develop and calibrate interest rate, credit, and prepayment models to support valuation, risk analysis, and strategic asset allocation.
• Collaborate with senior stakeholders across actuarial, risk, and investment functions to ensure models support enterprise‑wide decision‑making and capital optimization.
• Conduct original research on emerging methodologies in ALM, financial engineering, and capital markets, with an eye toward innovation and best practices.
• Mentor junior quants and contribute to a culture of quantitative excellence, model governance, and cross‑functional collaboration.
• Support platform migration efforts by ensuring models are scalable and performant in next‑generation analytic environments.

• Advanced degree (Master’s or PhD) in a quantitative discipline such as Financial Engineering, Applied Mathematics, Statistics, or Physics.
• 7+ years of experience in quantitative modeling within ALM, fixed income, or insurance‑related fields.
• Deep expertise in fixed‑income analytics, including structured products, credit risk, and interest rate modeling.
• Strong understanding of insurance general account liabilities (e.g., life, annuity, institutional), including product behavior and risk drivers.
• Proficiency in Python and SQL required; familiarity with modern analytic platforms (e.g., Beacon, Quant Lib, cloud environments) is preferred.
• Demonstrated leadership in cross‑functional model development and implementation projects.
• Excellent communication skills and proven ability to influence both technical and non‑technical stakeholders.

Salary Range: $160,000 - $228,500

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.

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.  to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

At New York Life, fostering an inclusive workplace is fundamental to who we are…