New York Life Insurance Company VP of Business Development Salary | Comparably
Hi, we're New York Life, America's largest mutual life insurance company.* We provide insurance, investment and retirement solutions along with expert guidance to help you achieve lifelong financial well being. For all of life's milestones, we're here for you, your family, and your business. As a mutual company owned by our clients, we hold ourselves to the highest standards of transparency, objectivity, and integrity. We’ll always aim to provide up-to-date information about the operations and actions of our business—which, when you’re a participating policy owner, really is your business. read more
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New York Life Insurance Company VP of Business Development Salary

The average New York Life Insurance Company VP of Business Development earns an estimated $207,537 annually. New York Life Insurance Company's VP of Business Development compensation is $3,564 less than the US average for a VP of Business Development.

The Business Development Department at New York Life Insurance Company earns $2,825 more on average than the HR Department.

Last updated 9 months ago.

$37k
$90k
$145k
$200k
$410k
$824k
$207,537
Average Compensation
$207,537
avg. base

VP of Business Development Salaries at New York Life Insurance Company

VPs of Business Development earn $50,352 more than Business Development Managers, and $4,583 less than Directors of Business Development.

Director of Business Development
$212k*
Business Development Manager
$157k*
Account Manager
$115k*
Account Executive
$109k*
* estimated salary

Compensation at New York Life Insurance Company by Department

The Business Development Department averages $2,825 more than the HR Department, and $405 less than the Engineering Department

Engineering
$127,293 Avg. total comp.
+$405
Business Development
$126,888 Avg. total comp.
HR
$124,063 Avg. total comp.
-$3k

VP of Business Development Compensation by Gender (All Companies)

The average female VP of Business Development at companies similar size to New York Life Insurance Company reported making $315,250, while the average male VP of Business Development at similar sized companies reported making $283,234.

VP of Business Development Compensation by Ethnicity (All Companies)

The average Caucasian VP of Business Development at companies similar size to New York Life Insurance Company reported making $304,764, while the average African American/Black VP of Business Development at similar sized companies reported making $140,000.

How VPs of Business Development at New York Life Insurance Company Rate Their Compensation

The majority of VPs of Business Development at New York Life Insurance Company believe they're compensated fairly. 100% of VPs of Business Development at New York Life Insurance Company say they receive annual bonuses, and the vast majority (75%) are satisfied with their benefits. See more compensation ratings at New York Life Insurance Company

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