Director - ALM & Investment Strategy - Income Projections

Location Designation: Hybrid - 3 days per week 

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.

What You’ll Bring:

• Partner with business finance teams to analyze investment performance impacts on financial metrics including Earnings and Surplus.
• Master the utilization of the projection model with deep understanding of the modeling of investment income, asset allocation, and portfolio yield expectations.
• Participate in corporate planning process by generating investment projections for the company’s portfolios.
• Coordinate investment projection efforts across Finance teams, Corporate, and investment partners. 
• Attribute portfolio performance, including actual to expected investment outcomes versus Plan.
• Provide investment support to Finance senior management and business partners.  Including, but not limited to:
  • Regular production of analyses of the investment portfolios
  • Responding to ad-hoc requests, such as scenario analysis and investment activity updates
• Complete monthly analysis of portfolio yields, investment expenses, and other investment costs for use in crediting rate setting of multiple product lines.
• Support planning and analysis related to ALM strategies

What You’ll Do:

• Highly developed quantitative and analytical skills
• 3+ years of experience in investment or insurance related field
• Bachelor’s degree or higher in finance or quantitative area
• Understanding of fixed income investment
• Familiarity with insurance company finance and liabilities
• Experience with investment accounting (a strong plus)
• FP&A experience (a strong plus)
• Some Programming experience
• Proficiency with Excel
• CFA (a plus)
• CFP/MBA (a plus)

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Pay Transparency

Salary Range:  $117,500-$200,000 

Overtime eligible: Exempt 

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.

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Job Requisition ID: 91058