Senior Associate, Separate Accounts
New York Life Insurance Company (New York Life or the company) is the largest mutual life insurance company in the United States .
Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business.
The company reported 2016 operating earnings of $1.
954 billion.
Total assets under management at year end 2016, with affiliates, totaled $538 billion.
As of year-end 2016, New York Life's surplus was $23.
336 billion .
New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies:
A.
M.
Best, A++; Fitch AAA; Moody's Aaa; Standard & Poor's AA+.
(Source:
Individual Third Party Ratings Report as of 8/17/16).
Financial strength, integrity and humanity-the values upon which New York Life was founded-have guided the company's decisions and actions for over 170 years.
Responsibilities include:
Review the preparation of the accounting, reporting and analysis on a Statutory and GAAP basis for various NYL and NYLIAC separate accounts Review the preparation of the NYL and NYLIAC Separate Account Statutory Annual Statement filed with the NAIC and the state insurance departments Responsible understanding the accounting and regulatory guidance related to separate accounts Review work performed by accounting staff Provide support for internal and external auditors as needed Participate in ad hoc projects and new account set up as needed Required
Qualifications:
Bachelor's degree in Accounting/Finance with at least 5 years experience in insurance or finance industry Strong oral and written communication skills.
Must be able to effectively communicate with various levels of management, internal customers and auditors.
Strong supervisory, interpersonal and analytical skills Team oriented.
Ability to work in a fast- paced environment and shift priorities as necessary Demonstrated leadership and ability to supervise a staff in a highly productive environment Proficient in Microsoft Excel, Word, Access and PowerPoint Additional
Qualifications:
Knowledge of separate accounts is a plus Knowledge of Wings and SAP is a plus CPA or MBA is a plus, Big 4 accounting experience a plus SF:
LI-JL1 SF:
EF-JL1 EOE M/F/D/V If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at:
576-5811.
Based on revenue as reported by Fortune 500, ranked within Industries, Insurance:
Life, Health (Mutual), Fortune Magazine, June 17, 2016.
See for methodology.
Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company's long-term financial strength and stability and is presented on a consolidated basis of the company.
1.
Operating earnings is the key measure use by management to track Company's profitability from ongoing operations and underlying profitability of the business.
This indicator is based on generally accepted accounting principles in the US (GAAP), with certain adjustments Company believes to be appropriate as a measurement approach (non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2.
Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.
Senior Associate, Separate Accounts.
Estimated Salary: $20 to $28 per hour based on qualifications.
Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business.
The company reported 2016 operating earnings of $1.
954 billion.
Total assets under management at year end 2016, with affiliates, totaled $538 billion.
As of year-end 2016, New York Life's surplus was $23.
336 billion .
New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies:
A.
M.
Best, A++; Fitch AAA; Moody's Aaa; Standard & Poor's AA+.
(Source:
Individual Third Party Ratings Report as of 8/17/16).
Financial strength, integrity and humanity-the values upon which New York Life was founded-have guided the company's decisions and actions for over 170 years.
Responsibilities include:
Review the preparation of the accounting, reporting and analysis on a Statutory and GAAP basis for various NYL and NYLIAC separate accounts Review the preparation of the NYL and NYLIAC Separate Account Statutory Annual Statement filed with the NAIC and the state insurance departments Responsible understanding the accounting and regulatory guidance related to separate accounts Review work performed by accounting staff Provide support for internal and external auditors as needed Participate in ad hoc projects and new account set up as needed Required
Qualifications:
Bachelor's degree in Accounting/Finance with at least 5 years experience in insurance or finance industry Strong oral and written communication skills.
Must be able to effectively communicate with various levels of management, internal customers and auditors.
Strong supervisory, interpersonal and analytical skills Team oriented.
Ability to work in a fast- paced environment and shift priorities as necessary Demonstrated leadership and ability to supervise a staff in a highly productive environment Proficient in Microsoft Excel, Word, Access and PowerPoint Additional
Qualifications:
Knowledge of separate accounts is a plus Knowledge of Wings and SAP is a plus CPA or MBA is a plus, Big 4 accounting experience a plus SF:
LI-JL1 SF:
EF-JL1 EOE M/F/D/V If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at:
576-5811.
Based on revenue as reported by Fortune 500, ranked within Industries, Insurance:
Life, Health (Mutual), Fortune Magazine, June 17, 2016.
See for methodology.
Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company's long-term financial strength and stability and is presented on a consolidated basis of the company.
1.
Operating earnings is the key measure use by management to track Company's profitability from ongoing operations and underlying profitability of the business.
This indicator is based on generally accepted accounting principles in the US (GAAP), with certain adjustments Company believes to be appropriate as a measurement approach (non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2.
Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.
Senior Associate, Separate Accounts.
Estimated Salary: $20 to $28 per hour based on qualifications.
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