Head of Claims & Benefits Operations at New York Life

Cleveland, Ohio, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Jun, 26

Salary

260000.0

Posted On

07 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Excellence, Service Execution, Claims Management, Contact Center Leadership, Financial Accountability, Risk Management, Compliance, Strategy Execution, Beneficiary Experience, Digital Transformation, Data Analytics, Continuous Improvement, Workforce Strategy, Capacity Planning, People Leadership, Change Leadership

Industry

Financial Services

Description

Location Designation: Hybrid - 3 days per week The Head of Claims & Benefits Operations, will drive operational excellence within Claims & Benefits and lead enterprise-wide service execution across Service Operations. This leader is accountable for the end-to-end performance of a large, complex organization of claims professionals, including the Claims Contact Center, Life Claims, Annuity Claims, and Waiver of Premium Claims. The organization is responsible for paying approximately $5 billion in claims annually and plays a critical role in delivering on New York Life’s promise to policyholders and beneficiaries during pivotal life moments. As a core member of the Service Operations Senior Leadership Team, this role guides and supports overall service strategy and execution, partnering closely with Service Experience, Technology, Risk, Compliance, Finance, and Field leadership to deliver a unified, customer-first service model. Key Responsibilities: Enterprise & Service Leadership: Set and execute the strategic vision for Claims & Benefits Operations in alignment with enterprise Service strategy and Service Operations SLT priorities. Serve as a senior member of the Service Operations SLT, guiding and supporting overall service strategy, execution discipline, and cross-service alignment beyond Claims & Benefits. Operational Execution & Financial Accountability: Lead Claims & Benefits Operations with accountability for accurate, compliant, and empathetic delivery of approximately $5B in annual claims payments. Ensure disciplined execution through strong controls, transparent reporting, measurable outcomes, workforce strategy, capacity planning, and productivity management. Maintain delegated authority for high-dollar claims and claims-related settlements in partnership with Legal and Risk. Unified Beneficiary & Agency Experience: Drive a more unified, end-to-end beneficiary experience across Life, Annuity, and Waiver claims, reducing fragmentation and improving clarity during emotionally significant moments. Partner with Agency leadership to support agents in capturing benefits and enabling comprehensive financial advice, reinforcing a One NYL experience for beneficiaries and agents. Modernization & Continuous Improvement: Champion modernization initiatives including digital claim intake, auto-adjudication, intelligent routing, and enhanced customer communications. Leverage data, analytics, and workflow insights to improve customer, beneficiary, agent, and employee experience while embedding Continuous Improvement principles and maintaining strong governance, risk management, and compliance controls. Cross-Enterprise Partnership: Partner closely with Technology, UX, Data, Operations, Compliance, Office of General Counsel, Risk, Training, and Communications to ensure aligned delivery. Provide executive oversight on complex escalations, regulatory matters, and sensitive cases while coordinating upstream and downstream service partners. People Leadership & Culture: Lead and develop leaders across Claims & Benefits, cultivating a growth mindset and change leadership culture aligned to Service priorities. Build leadership bench strength, reinforcing accountability and ethical judgment, and ensuring succession planning for critical roles. Required Education and Experience: Experience: A minimum of 10+ years of experience leading large, multi-functional operations within Financial Services or Insurance, with significant financial accountability. Demonstrated success executing multi-year transformation and modernization initiatives. Strong enterprise leadership capability with experience influencing across highly matrixed organizations and operating in regulated environments. Education: Bachelor’s degree in Business, Finance, Economics, or related field required. Master’s degree in Business or related discipline preferred. This position offers an exciting opportunity for an executive leader to shape one of New York Life’s most critical operational functions. By advancing a unified beneficiary experience, supporting Agency-led financial advice, and guiding enterprise service strategy and execution, the Head of Claims & Benefits Operations strengthens trust, improves scalability, and positions Service Operations as an industry leader. Pay Transparency Salary Range: $180,000-$260,000 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. Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting. 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 the Foundation. 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: 93493 Read More

Responsibilities

This leader is accountable for the end-to-end performance of a large, complex organization covering Claims Contact Center, Life Claims, Annuity Claims, and Waiver of Premium Claims, responsible for approximately $5 billion in annual payments. Key duties involve setting strategic vision, ensuring disciplined operational execution, and driving modernization initiatives like digital claim intake and auto-adjudication.