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Location Designation: Fully Remote 

 

 

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.

 

 

 

New York Life Insurance Company (“New York Life”) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, and is one of the most financially strong and highly capitalized insurers in the business. At year end 2013 New York Life had a total surplus of $21.141 billion and holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa ; Standard & Poor’s AA+. (Source: Individual Third-Party Ratings Report as of 6/18/14)

Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for nearly 170 years.

 

*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, May 20, 2013.  See http://money.cnn.com/magazines/fortune/fortune500/2013/faq/ for methodology.

 

The Infrastructure and Vendor Finance lead for the Strategic Capabilities Finance is responsible for the management reporting of financial results, the multi-year financial planning process and the financial support for the strategic and tactical needs of the business. Strategic Capabilities include Technology Organization, Data Organization and Planning and Strategy team for the enterprise. Technology team requires expertise in financials on managing the infrastructure spend and all the associated vendor financials.

The role will report to the CFO of Strategic Capabilities Finance and will serve as key role for the organization. The role will initially start with managing infrastructure financials but eventually evolve to managing entire technology vendor financials and reporting. This role involves close coordination with the broader finance community and with our key business stakeholder such as the Chief Information Officer and Chief Technology Officer. We are looking for a driven leader with a passion for analytics and leading a team and coaching them to deliver on all key strategic deliverables.

 

Major Responsibilities

 

• Management Reporting and Analysis: Develop and produce timely, accurate and insightful management reports, with performance indicators and metrics, to support senior management decision making and execution. Responsibilities include:

o Develop key messages around business performance and link financial results to business strategies

o Meet with key stakeholders to understand business trends

o Produce, communicate and present a quarterly financial package to senior leaders and business partners

o Contribute to the monthly financial reporting package

o Develop analytics, trends and commentary to illustrate and explain the story to senior management

 

• Planning, Budgeting and Forecasting: Lead an efficient, thorough and insightful planning process. Responsibilities include:

o Coordinate the multi-year financial planning process across Strategic Capabilities finance, business and distribution partners

o Link financial plans to strategic business objectives, key initiatives, sales plans, and budgets

o Produce financial planning package, including key performance metrics

o Communicate results to business partners and senior management

 

• Strategic Business Support – Act as thought partner in providing analytical insight and perspective to the leaders of the business. Responsibilities include:

o Partner with corporate expense management and business partners to Support the strategic initiatives through financial and management information analyses, reports and recommendations

o Develop and enhance strategic metrics as a basis for quantifying the trajectory of the business and achievement of strategic goals

o Support the development of the strategic direction of finance organization to meet the business demands

 

 

Required Skills:

  • BS in Business Administration, Finance or Management Information Systems preferred
  • 10-15 years of IT Finance required especially in Infrastructure and Vendor Financial management.
  • Excellent communication, presentation, and interpersonal skills
  • High energy and self-motivated with a "sense of urgency" and a "take charge" attitude to resolve problems and complete assignments.
  • Demonstrates active listening and exceptional written and verbal communication skills.
  • Apptio and Technology Allocations Experience required.

 

 

Salary range: $145,000-$215,000 

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: 90496

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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.

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

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