Senior Associate, Compliance -Fixed Retail Products

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Date: Mar 15, 2019

Location: New York, NY, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. 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 service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. 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.

 

The Sr. Associate position performs various product and sales compliance functions related to the Fixed Retail Life and Strategic Business suite of products.  The main function is to facilitate Corporate Compliance product reviews for new product and sales illustration development efforts. In addition, this position supports the product compliance responsilbities of the Life Systems & Operations Committee (SOC).

 

 Additional responsibilities include:

  • Collaborating with the life product managers at new product development core team meetings
  • Support state regulatory requirements for life products
  • Coordinate reviews related to new business and inforce illustrations, including quarterly management reporting and annual certifications
  • Work in partnership with the Corporate Compliance Department’s Sales Marketing and Review Unit on life marketing materials

 

Requirements:

  • Bachelor’s degree required
  • 5+ years experience in the life insurance industry with a solid knowledge of life insurance products and sales illustrations
  • A good overall knowledge of NYLife’s illustration software, specifically Field Technology Illustration System (FTIS) and New York Life Illustration System (NYLIS)
  • Excellent research and project management skills
  • Strong computer skills - MS Word, Excel, Power Point, SharePoint and Adobe Professional
  • Strong attention to detail to effectively identify potential product compliance issues and concerns

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EOE M/F/D/V

 

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