Investment Analyst, ALM Investment Strategy - Investment FP&A


Date: Mar 8, 2023

Location: New York, NY, US

Company: New York Life Insurance Co

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.



A senior associate to be part of the Income Reporting/Investment FP&A team, with key responsibilities in the projection and analysis of actual and planned investment-related financial results across the investment portfolios in New York Life’s general account.



  • 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 forward-looking yield expectations.
  • Participate in corporate planning process by generating investment projections for the company’s portfolios.
  • Coordinate investment projection efforts with other teams within the finance department and the businesses, as well as the investment areas.
  • Attribute portfolio performance, including actual to expected investment outcomes versus Plan.
  • Provide investment support to Finance senior management and the businesses.  Including, but not limited to:
    • Regular production of analyses of the unit’s 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



  • Highly developed quantitative and analytical skills
  • Bachelor’s degree or higher in finance or quantitative area preferred
  • Proficiency with Excel
  • Ability to work independently
  • Familiarity of fixed income investment
  • Familiarity with insurance company finance and liabilities
  • Experience with investment accounting (a strong plus)
  • Some Programming experience preferred
  • CFA or progress toward a CFA a plus



Salary range: $72,500-$107,500 

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

Job Requisition ID: 88629




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

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