Alain Karaoglan is Senior Vice President and head of the company’s non-Agency strategic insurance businesses, which include the Group Membership Association Division, Institutional Annuities, Institutional Life, New York Life Direct, and Seguros Monterrey New York Life. In addition, he leads New York Life’s integration of Cigna’s group life and disability business, an acquisition that was announced in 2019. Following the close of this transaction, the Cigna business will become part of the non-Agency strategic insurance businesses, under Mr. Karaoglan’s leadership.
Mr. Karaoglan joined New York Life in 2019 and was appointed to the Executive Management Committee in 2020.
Prior to joining New York Life, he served as Chief Operating Officer for Voya Financial from 2012 to 2018, where he was a member of Voya’s Executive Committee and oversaw all of Voya’s businesses, including Annuities, Employee Benefits, Individual Life, Investment Management, and Retirement. Before joining Voya, he was the head of Divestitures at American International Group, where he helped restructure the company after the 2008 financial crisis.
Previously, Mr. Karaoglan held senior roles in the investment banking and insurance industries, including at Banc of America, Deutsche Bank, Donaldson Lufkin & Jenrette, First Boston Corporation, and Bear Stearns. He has a Master of Business Administration from the Tuck School of Business at Dartmouth College and a Bachelor of Arts in Economics and a Bachelor of Science in Business Administration, magna cum laude, from Pepperdine University.
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