Stable Value Investments - Data Analytics Associate #83656

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Date: May 27, 2021

Location: Jersey City, NJ, US

Company: New York Life Insurance Co

 

When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.

 

 

 

The primary job focus is to support, analyze, evaluate and report on business risk.  We are seeking a highly motivated and creative individual who can adapt as business needs evolve. The role will involve interacting with various internal units, as well as working independently and employing decision making skills. Opportunities for advancement within the role as well as visibility across the organization and exposure to external stakeholders exist for the successful candidate.  

 

Specific Duties and Responsibilities

 

  • Execute on business processes including resetting periodic crediting rates, valuation reconciliation and data enrichment for fixed income securities
  • Improve workflow process by providing technical support aimed at automating and enhancing internal systems and MS Excel Economic models
  • Develop and maintain tools for monitoring and analysis of fixed income manager investment processes and performance
  • Produce and ensure accuracy of asset and liability data such as market/book ratios, duration and yield as well as plan data metrics such as cash flows and demographics
  • Develop new products and features through risk and profitability analysis on existing and future business, including working with the actuarial department to gain an understanding of the impact of reserving regulations
  • Work effectively with underwriters and establish/enhance processes to ensure information is vetted objectively and independently

 

 Job Requirements

 

  • Effective verbal and written communication skills
  • Bachelor’s degree in business or science discipline such as; Economics, Actuarial Science and Mathematics. Candidates with a second degree in Computer Science are highly preferred.
  • Must be highly driven and capable of managing multiple priorities while maintaining accuracy under pressure
  • Must possess quantitative, analytical, and problem-solving skills, as well as the ability to understand contract terms and their impact to risk
  • Intermediate programming skills (i.e. R and/or VBA Scripting), database knowledge (i.e. structure, SQL) where the candidate will read and modify scripts as needed
  • Ability to work both independently and collaboratively with team members 

 

Preferred Skills

 

  • Experience in the Insurance or Financial Industries 
  • Fixed Income knowledge and understanding of underlying credit sectors and their dynamics
  • Knowledge on data structures and experience with data ingestion techniques
  • Knowledge of Insurance products (e.g. Separate Accounts, Synthetics) and associated regulatory issues concerning those products
  • Risk underwriting experience

 

SF:LI-KH1

 

Keywords: Computer science, Analytics, Statistics, Information system, Data analysis, Business intelligence, Mining, Business analyst, Operations, business associate, Underwriting, Risk analyst, interest rates, Statistical analysis

 

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 our Foundation. 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.

Job Requisition ID: 83656

 

 

 


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Nearest Secondary Market: Newark

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