New York Life Insurance Company ( York Life companys the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.

New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion. As of year-end 2016, New York Lifeurplus was $23.336 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; Moodyaa; Standard & PoorA+. (Source: Individual Third Party Ratings Report as of 8/17/16).

Financial strength, integrity and humanity values upon which New York Life was foundede guided the companyecisions and actions for over 170 years.

General Profile:

The Corporate Vice President position is responsible for the administration of all functions related to the operation of the Performance Analysis Division. These responsibilities include tracking, management reporting and analysis of key performance indicators that allow for strategic decision making by senior management. The Corporate Vice President position is a key member of a team that is responsible for designing and tracking the metrics that measure profitable field performance of our agents, field managers, General Offices and Zones in order to meet the Company's various production goals. This position is also responsible for monitoring an Agency profitability model (P&L) including the tracking, reporting and analysis of revenue and expense results.

• Manage the overall activities of the Performance Analysis Division
• Manage and develop direct reports
• Responsible for the development, administration and analysis of Agency's performance programs designed to measure the department's key drivers
• Design of performance measurement and evaluation instruments (e.g., GPA, Promotability Indices, etc.)
• Prepare ad hoc analyses and customized reports for senior management
• Build and maintain financial models to project Agency manpower and sales/FYC productivity
• Monitor and track Agency P&L results against Plan, and liaison with IAG Finance on the P&L revenue rates and emerging results
• Work closely with Agency Finance team to track monthly expenses, and recommend opportunities to enhance revenue and reduce expenses to achieve profitability
• Coordinate efforts with IT to test and implement enhancements to our systems
• Develop and monitor our divisional and departmental estimate and future year budgets

Functional Knowledge:

• Bachelor Degree (Business, Accounting, Finance, Economics, or Mathematics)
• Minimum of 5-10 years relevant experience
• Comprehensive knowledge of the Agency model
• Strong leadership skills
• Superior analytical skills combined with the ability to identify trends
• Advanced knowledge of Microsoft Excel, Dashboard and mainframe applications
• Strong understanding of Agency Field Operations

Leadership: Subject matter expert for all inquiries regarding field performance. In addition, this person will be responsible for the development of several direct reports.

Problem Solving: Complex problem-solving skills are vital in administering our performance programs and with the development of our financial and statistical analysis/models. In addition, strong problem-solving skills are key when working with our IT team to determine how best to develop and implement changes to our systems.

Decision Making / Nature of Impact: Strong decision-making skills. These skills are essential and are guided by our policies, past practices, and business objectives.

Communication Requirements: Excellent communication skills are essential for this position. They are critical when explaining analyses to senior management and when recommending actions based on those analyses. In addition, those same skills are extremely important when explaining NYL's various programs to our managers and Zone management team. Moreover, the ability to explain difficult concepts is extremely important when developing system specifications for our IT team.

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*Based on revenue as reported by tune 500, ranked within Industries, Insurance: Life, Health (Mutual),rtune Magazine, June 17, 2016. See for methodology.

**Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the companyong-term financial strength and stability and is presented on a consolidated basis of the company.

1. Operating earnings is the key measure use by management to track Companyrofitability from ongoing operations and underlying profitability of the business. This indicator is based on generally accepted accounting principles in the US (GAAP), with certain adjustments Company believes to be appropriate as a measurement approach (non GAAP), primarily the removal of gains or losses on investments and related adjustments.

2. Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.