CORPORATE VICE PRESIDENT & ACTUARY

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Date: Oct 14, 2021

Location: New York, NY, 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.

 

 

 

Highlights of the role

 

Life Valuation team is at the forefront of several key finance initiatives.  As a key member of this team, you will:

  • Have opportunities to learn about the valuation of all NYLIC and NYLIAC Retail and Institutional products
  • Develop deep understanding of statutory reserve calculations, in addition to principle-based reserves
  • Gain proficiency in Triton, SQL, and Prophet models
  • Coordinate across the valuation, ALM, and financial reporting teams

 

 

Descriptions of Responsibilities

  • Responsible for enhancing reserve calculation tools on term and whole life that are used to validate statutory reserves on individual life inforce business
  • Lead life actuarial tax return support and support tax reserve calculation/reporting process
  • Work on life valuation financial reporting activities for quarterly reporting of statutory and GAAP reserves, including investigating follow-up items, discrepancies, and changes in methodology
  • Support death claim and disability Incurred But Not Reported (IBNR) calculations
  • Develop disabled life reserve calculations and modeling for life and long-term care combination products
  • Position reports to MG3 BAU Team lead

 

Qualifications 

  • FSA
  • Experience working with Prophet
  • Experience with Life Insurance preferred
  • Strong analytical and communication skills
  • Ability to take lead on projects and work independently
  • Detail oriented and organized

 

 

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: 84874

 

 

 


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