Compliance Associate


Date: Sep 10, 2022

Location: New York, NY, US

Company: New York Life Insurance Co



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



The Compliance and Exams team is responsible for ensuring that the Service Organization's policies and procedures are aligned with applicable regulatory and compliance requirements. In addition to assisting with the implementation of new regulatory requirements, the team is also responsible for monitoring the Service Organization's continued adherence to established regulatory requirements. Working under the direction of the Compliance Corporate Vice President, the Compliance & Exams Associate is responsible for the preparation of a wide variety of information that is requested in conjunction with the various internal and external audits that the Insurance Group Service Organization participates in. These inquiries include those received from Corporate Audit, FINRA, PWC as well as the various state Departments of Insurance. This individual is expected to stay abreast of new regulatory developments, identify the specific information needed to satisfy an examiner's request, assist end business users with the collection of information and validate planned submissions to confirm their accuracy and completeness.


Major Responsibilities:

  • Serve as the Service Organization liaison to Corporate Compliance on matters related to the SEC 38a-1 and 3120/3130 reporting requirements. These responsibilities include completion and oversight of the quarterly compliance reports, facilitating the collection and review of information requested during the annual review process along with identifying and recommending opportunities to strengthen the existing processes related to these initiatives.
  • Assist in the collection and review of information requests for all internal and external audit inquires including those performed by: Corporate Audit, FINRA, PWC and State Departments of Insurance.
  • Assist in the identification and development of key reporting metrics used throughout the Service Organization to measure and strengthen the overall compliance environment.
  • Provide guidance to representatives and managers throughout the department on established regulatory and compliance guidelines.
  • Track the status of outstanding information requests and distribute monthly communications to Service Organization management on current open items.
  • Track the status of issues resulting from reviews conducted by but not limited to Quality Assurance, Corporate Audit, FINRA, PWC, as well as the various state Departments of Insurance and provide monthly updates on open Service issues and the status of action plans.
  • Participate in audit and/regulatory recovery and/or new regulatory efforts as assigned by their manager.  May serve in a project management capacity depending on the scope of the effort.



  • Bachelor’s Degree preferred
  • FINRA Series 6 or 7 license preferred
  • At least 3+ years of experience as a compliance professional at an insurance company preferred
  • Strong written correspondence, including the ability to break down technical information and present to the business
  • Capacity to consider, process, and filter substantial amounts of complex information quickly and identify appropriate actions in a fast-paced environment
  • Executive presence and ability to work across the enterprise and present complex matters to senior business leaders
  • Demonstrates the ability to use sound judgement and discretion regarding confidential information


Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.


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. 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


Job Requisition ID: 87268



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

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