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Associate - Corporate Controllers Accounting Operations and Reporting

Location Designation: Hybrid - 3 days per week 

 

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

 

Business Overview:

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:

The position will be a member of the Accounting and Controllership – Statutory Accounting and Reporting Division and will be actively involved in the statutory financial reporting for all Insurance Legal Entities (6 in total) focusing on state regulatory and NAIC financial reporting obligations.

 

What You'll Do:

  • Manage and oversee the company’s compliance over State regulatory requirements
  • Monitor and review all work performed by our co-source partner in connection with State Filing financial filings.  
  • Monitor regulatory communications to ensure proper delegation and compliance.
  • Coordinate the payment of all invoices for license renewals, assessments, filing fees, and vendor expenses.
  • Produce multiple NAIC required financial schedules/exhibits
  • Lead Business Continuity Planner and Records Management coordinator for the area.      
  • Coordinate and assist with the review of the annual proforma statutory proforma financial statements
  • Update and complete the statutory disclosure checklists for each company in connection with Audit requirements
  • Proactively identify opportunities to continuously improve processes

 

What You'll Bring:

  • Bachelor's Degree with emphasis or concentration in Accounting
  • Strong financial statement analysis skills
  • Working knowledge of Statutory Accounting Principles (SSAP) a plus
  • Strong communication skills
  • Understanding of General Ledger systems (SAP a plus) and other accounting software a plus
  • Continuous Improvement mindset
  • Strong working knowledge of Microsoft Excel, Word, PowerPoint and Workiva Wdesk
  • 1 to 4 years in relative accounting experience 

 

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Pay Transparency

Salary Range:  $47,500-$80,000 

Overtime eligible: Nonexempt 

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.

 

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 here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

 

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. Click here to learn more about how we have been recognized for our leadership.

 

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.

 

 

Job Requisition ID: 91027

 

 

 

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. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

You are our future, and we commit to investing in you accordingly.

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.

Required Legal Notices – All Candidates Please Click Here


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

Job Segment: Embedded, Operations Manager, Corporate Finance, Accounting, Records Management, Technology, Operations, Finance, Records

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