Corporate Vice President, Institutional Life FP&A

Location Designation: Hybrid 

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 Financial Planning & Analysis (“FP&A”) team for Institutional Life (“IL”)  is responsible for the coordination of management reporting of financial results, the multi-year financial planning process and expense and budget management, as well as financial support for the strategic and tactical needs for the business.

Major Responsibilities:

• Analyze and support the reporting of quarterly financial results and the multi-year financial plan data, including developing waterfall and relevant metrics to identify emerging trends.
• Oversee and support the development and analysis of IL departmental budget and expense allocations to provide insights and transparency in expense management
• Support all management reporting activities at IL level, work closely with SIB and Corporate FP&A partners to ensure timely and accurate collection and delivery of financial results
• Perform financial analysis on all key financial metrics (source of earnings, VNB, IRR, capital, etc)
• Work with team members to provide support for strategic discussions on IL through financial and management information analyses, and reports.
• Manage ad-hoc financial data and analysis requests from business partners in a timely manner; facilitate ongoing integration of IL data ecosystem and corporate finance data flow

Qualifications:

• Bachelors degree preferred 
• Experience with financial management and understanding of insurance product profitability; familiarity with company expenses and cost allocations a plus
• Strong analytical skills and ability to apply financial concepts in various problems
• Ability to adapt to fast changing priorities and innovative solutioning, with a high degree of urgency under tight deadlines
• Strong sense of ownership and ability to manage multiple complex projects independently
• Ability to build relationships and drive collaboration with multiple teams across the organization
• Proficiency with Microsoft Office suite, especially with Excel, Word, and Powerpoint
• Experience with SAP system, Tableau, Spotfire, or other Business Intelligence system preferred

Salary range: $115,000-$175,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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 www.NewYorkLife.com.

Job Requisition ID: 88727