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Sr. Associate, Sr. Accountant, Group Benefits Solutions

Location Designation: Hybrid - 3 days per week 

 

Business Overview:

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.

 

Role Overview:

Manages monthly financial analysis and reporting of Disability premiums and ASO Fees as well as focusing on opportunities to improve processes.  Presents results and recommendations to management.  Typically has a Bachelor’s degree in Accounting and six or more years of significant experience.

 

What You 'll Do:

  • Responsible for preparing monthly analysis of Disability premiums and ASO fees.
  • Analysis to enhance the accuracy, completeness and consistency of Disability premiums and ASO fees.
  • Coordinate with matrix partners within GBS Finance and Revenue Management for fluctuation questions.
  • Facilitates the recording of monthly and quarterly journal entries in the SAP general ledger and the FPSL Sub-ledger.
  • Responsible for preparing reconciliations of manual FPSL Disability adjustments and Balance Sheet Reconciliations.
  • Maintains documentation of internal controls processes in compliance with Model Audit Rule (MAR) and Sarbanes Oxley.
  • Supports recurring internal and external audits and financial exams.
  • Participates in special projects as needed, either as a subject matter expert or team leader.

 

What You'll Bring:

  • BS in Accounting or Finance preferred 
  • 6 or more years of Accounting/Finance experience: public accounting or insurance related experience a plus, but not required.
  • Strong analytical skills to interpret and evaluate premiums and ASO fees for accuracy, completeness and consistency.
  • Excellent oral and written communication skills.
  • Ability to work in a multi-task environment with tight deadlines.
  • Ability to work independently and as a team player.
  • Motivated, proactive self-starter.
  • Proficient in Microsoft Office software

Pay Transparency

Salary Range:  $95,000-$162,500 

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: 90718

 

 

 

About NY Life Insurance Company

Diversity & Humanity–two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

You are our future, and we commit to investing in you accordingly.

Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.

Required Legal Notices – All Candidates Please Click Here


Nearest Major Market: Philadelphia

Job Segment: Embedded, Accounting, Revenue Management, Corporate Finance, Outside Sales, Technology, Finance, Sales

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