Senior Associate, Tax - Federal

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.

Experienced in the Federal Tax Operations Function focusing on tax accounting and tax compliance for life insurance and property and casualty (P&C) companies.  Prepare US GAAP and Statutory current and deferred tax provisions including preparation/review of supporting workpapers. Primary preparer of federal tax returns and related workpapers for both life and P&C companies.  Assist with consolidation of the federal tax return including required workpapers. Preparation of quarterly estimated tax payment calculations.  Assist with technical matters related to tax reserves .  Prepare provision to tax return computations.   Prepare/compile information necessary to respond to the information requests from the IRS.  Perform tax research and analysis.  Work on special projects as needed.  Assist on various tax technology projects including tax provision system improvements.

Responsibilities: 

• Prepare federal GAAP and STAT tax provisions (both Life and P&C companies).  
• Prepare entity pro forma's and assist with consolidated federal tax return with emphasis on life insurance and P&C companies. 
• Perform tax research and analysis projects including tax reserve analysis.  
• Assist with IRS and state tax examinations.  
• Improve current processes and create efficiencies.  
• Work on special projects as needed. 
• Assist with various tax technology projects.

Qualifications:

• BS/BA in Accounting or Finance; Master's Degree preferred but not required
• Understanding of tax accounting and tax compliance processes for life insurance companies and P&C insurance companies
• Excellent excel and other tax technology skills
• Requires knowledge of tax accounting under ASC 740 and federal and state tax compliance skills;   Life Insurance and P&C company experience required.
• General understanding of life insurance and asset management businesses

Salary range: $90,000-$135,000 

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: 88636