Matthew Grove is Executive Vice President & Co-Chief Operating Officer, responsible for oversight of New York Life's Foundational Insurance Business, including its ~12,000 person career agency system, as well as several corporate functions. He was appointed to New York Life's Executive Management Committee in January 2017.
Prior to this role, Mr. Grove held roles of increasing responsibility, including Executive Vice President and Chief Administrative Officer of the Insurance and Agency Group, responsible for strategy, advanced analytics, internal consulting, new business, underwriting, and various other functions. Before joining the Insurance and Agency Group, he led New York Life's Retail Annuities business.
Prior to joining New York Life in 2009, Mr. Grove was the Chief Marketing Officer of Jefferson National, an insurance company focused on serving the needs of the Registered Investment Advisor (RIA) market. Before Jefferson National, he was the President and Founder of Diginexus, a technology consulting firm focused on building enterprise software for financial services firms. Mr. Grove began his career as an investment banker at Donaldson, Lufkin & Jenrette.
Mr. Grove earned a Bachelor of Science degree in Engineering from the University of Pennsylvania, where he graduated summa cum laude, and an MBA from Columbia University.
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