Senior Associate-Accounting and Controllership

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Date: Jan 9, 2021

Location: Jersey City, NJ, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. 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 service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

Position Summary:

The mission of the Life and Disability Income Controllers Group (“Life & DI Controllers”) of the Financial Services Organization Accounting and Controllership team 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.

Life & DI 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), the Corporate Controllers department 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.

 

Primary Responsibilities:

This Senior Associate position will be located in our Jersey City office and will be responsible for the following primary responsibilities:

  1. Oversight for the Retail Life business journal entries and account reconciliations.
  2. Stewardship of the Retail Life business general ledgers (GAAP, STAT and Management).
  3. Analysis of quarterly results.
  4. The production and coordination of the Retail Life Controllers book, the group’s quarterly financial results package.
  5. Completion of Statutory Blue Book schedules and exhibits.
  6. Some interaction with external auditor, PwC, related to their performance of the annual financial statement audits.
  7. Continuously seeking faster and more efficient delivery of data and analytics, as well as more effective controller & business insights.
  8. Perform accounting research and develop a recommendation related to a technical issue.

 

Qualifications:

A successful candidate should have a Bachelor’s degree in Accounting or Finance (a Master’s degree is an added advantage) and at least 5 years of financial reporting experience in the insurance or reinsurance industries or public accounting.  Possess an excellent understanding of accounting rules, procedures and internal controls and keeps up to date with current trends.  Expert level knowledge of excel and other reporting, analytical or programming tools is crucial to facilitate continuous improvement.  A self-motivated individual with strong interpersonal skills who demonstrates a high level of self-awareness, professionalism and integrity in all interactions is required.       

EOE M/F/D/V

 

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Job Requisition ID: 83003 


Nearest Major Market: New York City
Nearest Secondary Market: Newark

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