New York Life Insurance Company
Jobs
Senior Associate, Business Unit Accounting & Controls - Life & Disability
New York Life Insurance Company
Senior Associate, Business Unit Accounting & Controls - Life & Disability
Be an Early Applicant
The role involves financial oversight of insurance portfolios, financial reporting, partnering with stakeholders, process improvements, and technical accounting support.
Location Designation: Hybrid - 3 days per week
Senior Associate, Business Unit Accounting & Controls - Life and Disability
Business Overview:
The mission of the Business Unit Accounting & Controls - Life and Disability ("BUAC Life & DI") team of the Corporate Controllers Department is to partner with our stakeholders by understanding their needs to ultimately provide a service that is superb, timely and valuable, while simultaneously expanding and improving our service capabilities.
Role Overview:
Life & Disability Controllers works closely with a variety of stakeholders in New York Life Insurance Company's insurance lines of business (including our Mexican subsidiary Seguros Monterrey New York Life) and other corporate areas to ensure the integrity of New York Life general ledgers, deliver timely and accurate financial reporting and drive continuous improvement in our processes.
What You'll Do:
This Senior Associate position will be located in our New York City office and will be responsible primarily for the following:
1. Financial Ownership & Control• Own end-to-end financial oversight of assigned insurance and reinsurance portfolios, ensuring accuracy, completeness, and integrity of financial results• Lead the accounting, reporting, and control framework for assumed and ceded reinsurance arrangements, including validation of premiums, claims, and reserves• Ensure adherence to MAR/SOX requirements, including control design, documentation, and execution• Partner with internal and external auditors to support financial statement audits and regulatory compliance
2. Business Partnership & Financial Insights• Deliver actionable insights on product performance, earnings drivers, and capital impacts to inform business and finance leadership decisions• Collaborate with business unit finance, actuarial, and product teams to evaluate new products and enhancements, translating complex insurance activity into clear financial implications• Support development of key performance indicators and enhance analytical frameworks to improve financial storytelling
3. Transformation & Process Innovation• Lead and support initiatives to transform accounting and reporting processes through automation, AI tools, and advanced analytics• Identify and implement opportunities to improve efficiency, reduce close cycle times, and enhance data quality• Contribute to broader Finance transformation efforts, including data strategy, system implementations, and process standardization
4. Technical Accounting & Regulatory Excellence• Partner with Accounting Policy to evaluate and document technical accounting positions related to insurance and reinsurance transactions• Support preparation of statutory financial statements, including Blue Book schedules and audited footnotes• Maintain strong knowledge of statutory accounting principles and emerging regulatory developments
What You'll Bring:
A successful candidate should have
1. Bachelor's degree in Accounting or Finance (a master's degree and/or a CPA license is desirable but not required)
2. 5-7+ years of experience in insurance, reinsurance or public accounting
3. Strong understanding of statutory accounting principles, financial reporting and internal controls
4. Demonstrated ability to analyze complex financial data and translate results into actionable insights
5. Experience working across functions and influencing stakeholders in a matrixed environment
6. Proficiency in Excel and experience with financial systems and analytical tools (e.g., SAP, AFO, Wdesk, Tableau, SQL)
7. Experience leveraging automation, AI, or data tools in financial processes is strongly preferred
8. Self-motivated, intellectually curious, and able to operate effectively in a dynamic, evolving environment
#LI-VL1
#LI-HYBRID
Pay Transparency
Salary Range: $105,000-$128,000
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.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.
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.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 94041
#BI-Hybrid
Senior Associate, Business Unit Accounting & Controls - Life and Disability
Business Overview:
The mission of the Business Unit Accounting & Controls - Life and Disability ("BUAC Life & DI") team of the Corporate Controllers Department is to partner with our stakeholders by understanding their needs to ultimately provide a service that is superb, timely and valuable, while simultaneously expanding and improving our service capabilities.
Role Overview:
Life & Disability Controllers works closely with a variety of stakeholders in New York Life Insurance Company's insurance lines of business (including our Mexican subsidiary Seguros Monterrey New York Life) and other corporate areas to ensure the integrity of New York Life general ledgers, deliver timely and accurate financial reporting and drive continuous improvement in our processes.
What You'll Do:
This Senior Associate position will be located in our New York City office and will be responsible primarily for the following:
1. Financial Ownership & Control• Own end-to-end financial oversight of assigned insurance and reinsurance portfolios, ensuring accuracy, completeness, and integrity of financial results• Lead the accounting, reporting, and control framework for assumed and ceded reinsurance arrangements, including validation of premiums, claims, and reserves• Ensure adherence to MAR/SOX requirements, including control design, documentation, and execution• Partner with internal and external auditors to support financial statement audits and regulatory compliance
2. Business Partnership & Financial Insights• Deliver actionable insights on product performance, earnings drivers, and capital impacts to inform business and finance leadership decisions• Collaborate with business unit finance, actuarial, and product teams to evaluate new products and enhancements, translating complex insurance activity into clear financial implications• Support development of key performance indicators and enhance analytical frameworks to improve financial storytelling
3. Transformation & Process Innovation• Lead and support initiatives to transform accounting and reporting processes through automation, AI tools, and advanced analytics• Identify and implement opportunities to improve efficiency, reduce close cycle times, and enhance data quality• Contribute to broader Finance transformation efforts, including data strategy, system implementations, and process standardization
4. Technical Accounting & Regulatory Excellence• Partner with Accounting Policy to evaluate and document technical accounting positions related to insurance and reinsurance transactions• Support preparation of statutory financial statements, including Blue Book schedules and audited footnotes• Maintain strong knowledge of statutory accounting principles and emerging regulatory developments
What You'll Bring:
A successful candidate should have
1. Bachelor's degree in Accounting or Finance (a master's degree and/or a CPA license is desirable but not required)
2. 5-7+ years of experience in insurance, reinsurance or public accounting
3. Strong understanding of statutory accounting principles, financial reporting and internal controls
4. Demonstrated ability to analyze complex financial data and translate results into actionable insights
5. Experience working across functions and influencing stakeholders in a matrixed environment
6. Proficiency in Excel and experience with financial systems and analytical tools (e.g., SAP, AFO, Wdesk, Tableau, SQL)
7. Experience leveraging automation, AI, or data tools in financial processes is strongly preferred
8. Self-motivated, intellectually curious, and able to operate effectively in a dynamic, evolving environment
#LI-VL1
#LI-HYBRID
Pay Transparency
Salary Range: $105,000-$128,000
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.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.
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.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 94041
#BI-Hybrid
New York Life Insurance Company New York, New York, USA Office
51 Madison Avenue, New York, NY, United States, 10010
New York Life Insurance Company Jersey City, New Jersey, USA Office
New York Life Insurance Company Jersey City, NJ Office
30 Hudson Street , Jersey City, New Jersey, United States, 07302
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