Senior Associate - Investment Projections Team


Date: Nov 13, 2020

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


The senior asosciate will be part of the investment projections team, with key responsibilities in the projection and monitoring of actual and planned investment-related financial results across the investment portfolios in New York Life's general account.


<span style="font-family:"Times New Roman",serif">Responsibilities

  • <span style="font-family:"Times New Roman",serif">Participate in design, maintenance and enhancement of projection model for investment income, asset allocation, and forward-looking yield expectations.
  • <span style="font-family:"Times New Roman",serif">Coordinate investment projection efforts with other teams within the finance department and the businesses, as well as the investment areas.
  • <span style="font-family:"Times New Roman",serif">Provide investment support to Finance senior management and the businesses. Including, but not limited to:
    • <span style="font-family:"Times New Roman",serif">Regular production of analyses of the unit’s investment portfolios
    • <span style="font-family:"Times New Roman",serif">Responding to ad-hoc requests, such as scenario analysis and investment activity updates
  • <span style="font-family:"Times New Roman",serif">Complete monthly analysis of portfolio yields, investment expenses, and other investment costs for use in crediting rate setting of multiple product lines.
  • <span style="font-family:"Times New Roman",serif">Participate in corporate planning process by generating investment projections for the company’s portfolios.
  • <span style="font-family:"Times New Roman",serif">Attribute portfolio performance, including actual to expected investment outcomes versus plan.
  • <span style="font-family:"Times New Roman",serif">Support ALM analysis through development of<span style="font-family:"Times New Roman",serif"> investment models and analytics to be used in the development and implementation of portfolio hedging and investment strategies.
  • <span style="font-family:"Times New Roman",serif">Monitor the investment portfolios for compliance with investment policies and guidelines.


<span style="font-family:"Times New Roman",serif">Qualifications

  • <span style="font-family:"Times New Roman",serif">Highly developed quantitative and analytical skills
  • <span style="font-family:"Times New Roman",serif">Bachelor’s degree or higher in quantitative area
  • <span style="font-family:"Times New Roman",serif">Proficiency with Excel (VBA a strong plus)
  • <span style="font-family:"Times New Roman",serif">Some programming background in any of Python, R, C++, a strong plus
  • <span style="font-family:"Times New Roman",serif">Ability to work independently
  • <span style="font-family:"Times New Roman",serif">Familiarity of fixed income investment a strong plus
  • <span style="font-family:"Times New Roman",serif">CFA or progress toward a CFA a plus
  • <span style="font-family:"Times New Roman",serif">Familiarity with insurance company finance and liabilities
  • <span style="font-family:"Times New Roman",serif">Experience with financial reporting and large data processes (a plus)



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Job Requisition ID: 82839 

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