Senior Associate - Investment Accounting & Reporting
: Job Details :

Senior Associate - Investment Accounting & Reporting

This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.

Role Overview:

Investment Accounting & Reporting is responsible for coordination of reporting and analysis of the investment results. Performs a variety of duties including reporting of the Investments within NY Life's investment portfolios on Statutory basis, financial performance reporting, and understanding and implementing investment accounting policy, and reporting of various analyses. In this capacity, the role ensures that all relevant reporting is accurate and compliant with internal and external accounting policies and standards/regulations. The role also provides financial analysis that explains and supports the reported results.

What You'll Do:

• Prepare, analyze, and review financial reporting deliverables of NY Life's Investment portfolio including Senior Management reporting, Investment Committee reporting, Statutory Blue Books and Statutory Notes/Disclosures.
• Review and/or manage day-to-day responsibilities, perform self-review, and communicate status timely to managers.
• Review financial reporting for internal (Controller, CFO, Business Units and Investment Committee) and external (Regulatory) clients.
• Take initiative to assist team in all capacities including assisting senior associates/managers in various projects or ad-hoc tasks and providing support to offshore team.
• Coordinate and liaise with shared services on the preparation and delivery of investment related data.
• Ensure SOX compliance including developing, documenting, testing, and reviewing controls and procedures.
• Assist in the implementation and maintenance of Investment Accounting Policy in accordance with Statutory standards/regulations.

What You'll Bring:

Bachelor's Degree in Accounting or Finance

• Minimum of 3-5 years of experience in accounting or finance.
• Demonstrated ability to work independently and multi-task in a highly productive environment.
• Strong oral and written communication skills.
• Strong interpersonal and self-motivating skills.
• Team oriented. Awareness and desire to help. Ability to work in a fast-paced environment and shift priorities as necessary.
• Proficient in Microsoft Excel, Word, Access, and PowerPoint. SAP/Sharepoint (preferred).

Pay Transparency

Salary Range: $77,500-$132,500

Discretionary bonus eligible: Yes

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.

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.

Our Diversity Promise

We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture.

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.

Job Requisition ID: 90629

About NY Life Insurance Company

Diversity & Humanity–two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth.

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