Manage and review external consultants for due diligence in real estate investments, oversee construction projects, and assess property conditions for investment suitability.
Location Designation: Hybrid - 4 days per week
About New York Life Investment Management
With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm's global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.
Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.
More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.
Business Overview
New York Life Real Estate Investors (NYL REI) is the real estate investment platform within New York Life Investment Management. With over $73.2 billion in assets under management as of December 31, 2025, NYL REI invests across real estate equity, debt and securities strategies, serving institutional investors and the New York Life General Account.
Real estate department of a major insurance company seeks an architectural & engineering or construction management professional to provide in-house expertise to support mortgage lending, investment and development activities in Midwestern US. The professional will be responsible for managing and reviewing external consultants performing physical and environmental due diligence for an active lending and investment platform. The position requires knowledge of design, construction and building systems for investment property types, and the ability to manage multiple time-sensitive projects. Candidate should have a thorough knowledge of site & civil conditions, structural systems, building enclosure, mechanical, electrical, and plumbing (MEP), fire protection, life safety and vertical transportation systems. Additionally, candidate should be familiar with environmental and seismic risk assessment and energy conservation practices as well as LEED and other sustainability designations.
The ideal Candidate should have 8 years of experience in property inspection, cost estimating, design review, and project management. The professional should have experience inspecting and assessing the physical condition and costs for property types including offices, industrial buildings, retail and multifamily. The professional should also understand site and environmental conditions impacting development and use, including seismic risk and resiliency. Responsibilities also include review and recommendations for architectural, engineering and specific design concerns. Prepare written review memorandums and cost & budgeting analysis.
What You'll Do:
What You'll Bring:
#LI-AM1
Job Level: LEVELPF5
Pay Transparency
Salary Range: $137,000-$195,500
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.
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 hereto 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.
Job Requisition ID: 94003
#BI-Hybrid
About New York Life Investment Management
With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm's global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.
Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.
More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.
Business Overview
New York Life Real Estate Investors (NYL REI) is the real estate investment platform within New York Life Investment Management. With over $73.2 billion in assets under management as of December 31, 2025, NYL REI invests across real estate equity, debt and securities strategies, serving institutional investors and the New York Life General Account.
Real estate department of a major insurance company seeks an architectural & engineering or construction management professional to provide in-house expertise to support mortgage lending, investment and development activities in Midwestern US. The professional will be responsible for managing and reviewing external consultants performing physical and environmental due diligence for an active lending and investment platform. The position requires knowledge of design, construction and building systems for investment property types, and the ability to manage multiple time-sensitive projects. Candidate should have a thorough knowledge of site & civil conditions, structural systems, building enclosure, mechanical, electrical, and plumbing (MEP), fire protection, life safety and vertical transportation systems. Additionally, candidate should be familiar with environmental and seismic risk assessment and energy conservation practices as well as LEED and other sustainability designations.
The ideal Candidate should have 8 years of experience in property inspection, cost estimating, design review, and project management. The professional should have experience inspecting and assessing the physical condition and costs for property types including offices, industrial buildings, retail and multifamily. The professional should also understand site and environmental conditions impacting development and use, including seismic risk and resiliency. Responsibilities also include review and recommendations for architectural, engineering and specific design concerns. Prepare written review memorandums and cost & budgeting analysis.
What You'll Do:
- Perform Construction Management / Owner's Representative duties on development projects.
- Conduct due diligence, including field inspections, and monitor ongoing projects. Analyze and approve requests for construction progress payments.
- Provide plan, specification, budget and design consulting for new developments and alterations.
- Advise on property conditions as they relate to suitability for investment and collateral.
- Report to Chief Architect and work with other professionals in the Real Estate Investment Group.
What You'll Bring:
- Bachelor's in architecture and/or Engineering or Construction Management
- Professional License (RA or PE) is preferred.
- Minimum of 8 years of multi-disciplined professional experience including site inspections (some travel required), review of property condition and environmental site assessments, project plan and cost review and construction management.
- Ability to manage multiple time sensitive tasks and work independently.
- Attention to detail and accuracy.
- Strong written and verbal communication skills.
#LI-AM1
Job Level: LEVELPF5
Pay Transparency
Salary Range: $137,000-$195,500
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.
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 hereto 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.
Job Requisition ID: 94003
#BI-Hybrid
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