Location Designation:Hybrid - 3 days per week

This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.

Business Development Associate, New York Life Ventures

Location: New York, NY (Hybrid)

Team: New York Life Ventures - Business Development

About New York Life Ventures

New York Life Ventures (NYLV) is the corporate venture and innovation arm of New York Life Insurance Company. We accelerate innovation by investing in, partnering with, and piloting technologies that advance New York Life's mission to serve families and communities. Our team collaborates closely with startups, internal business units, and the broader venture ecosystem to identify and scale solutions that drive meaningful business impact.

Role Overview:

We are seeking a Business Development Associate to support our growing portfolio of startup partnerships and technology programs. This role blends program management, business operations, and innovation partnership support, helping to scale the impact of Ventures' initiatives across the enterprise.

You will work closely with the Business Development and broader NYL Ventures team to manage NYL Ventures' portfolio of enterprise startup technology programs, coordinate pilot initiatives, support reporting and storytelling, and help drive engagement between startups and internal business units. This role sits at the center of Ventures' efforts to scale innovation across New York Life - ensuring that high-impact startup partnerships deliver measurable value to employees and customers alike.

What You'll Do:

Team Operations

• Manage monthly reporting for the Business Development team, ensuring CRM data accuracy and alignment with team goals.
• Support quarterly and annual reporting efforts, working with the Ventures Head of Platform to represent BD initiatives and metrics.
• Contribute to NYL Ventures' storytelling efforts by highlighting key startup partnerships and innovation successes across internal and external channels.
• Assist with planning and execution of events, including annual meetings, Chat with a Founder panels, and Venture community gatherings.

Program Management

• Oversee NYL Ventures' portfolio of enterprise startup technology programs used across the business, supporting user onboarding, training, and adoption.
• Collaborate directly with startup partners to test new releases, troubleshoot issues, share feedback, and identify new use cases.
• Manage relationships with key startup partners, serving as their primary point of contact and ensuring alignment between partner goals and New York Life's strategic priorities.
• Partner with NYL Technology and business units to promote and expand usage of venture-backed tools across the enterprise.
• Conduct monthly reporting on program performance, user engagement, and growth opportunities.

Business Development Support

• Assist in sourcing and screening high-quality startups aligned to NYL's strategic priorities.
• Conduct market research and diligence on emerging technologies and trends.
• Build internal relationships to understand business needs and identify potential innovation opportunities.

What You'll Bring:

• 2-4 years of experience in business development, sales, marketing, program management, consulting, or corporate innovation.
• Strong organizational skills with an eye for detail and follow-through.
• Excellent written and verbal communication skills, with the ability to translate complex information into clear insights.
• Experience working cross-functionally and managing multiple stakeholders.
• Curiosity and a "test-and-learn" mindset, with enthusiasm for experimenting, iterating, and continuously improving.
• Team-oriented and coachable, with a proactive approach to feedback and collaboration.
• Entrepreneurial spirit - motivated to take initiative, solve problems creatively, and drive ideas forward.
• Commitment to delivering an exceptional experience for internal partners and startup collaborators, ensuring smooth communication and strong relationships.
• Proficiency with collaboration and productivity tools (e.g., Microsoft Suite, Airtable, Coda, or CRM platforms).

Why Join NYL Ventures

This role offers the opportunity to work at the intersection of startups and enterprise innovation - helping bring cutting-edge technology into one of the world's most trusted financial institutions. You'll gain exposure to the venture ecosystem, enterprise transformation efforts, and the fast-paced world of startup partnerships.

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Pay Transparency

Salary Range:$79,000-$113,000

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.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.

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: 92982