Business Analyst

Location Designation: Hybrid - 1 day per quarter 

Location: Gather when needed (NYC Area)

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.

The Finance Technology team within the Controllers’ is looking for a Business Analyst with a minimum of 3 years of experience within the accounting or finance landscape.  The Finance Technology team is a trusted partner to the Finance organization working to identify solutions for the execution of strategic initiatives and critical business functions regarding process efficiency, data accessibility, governance and service provide relationship management. 

The Business Analyst position is responsible for coordinating business requirements for changes to business processes, policies and information systems.  The buisness analyst understands business problems and opportunities in the context of the requirements and partners with the buisness to evaluate solutions.  The positions navigates across functional and technical boundaries to facilitated relationships and translate business needs into finance and technology solutions.

This position will support many strategic projects across Finance and Controllers’ including:

• Modernization efforts across the company
• Upgrades across the financial systems landscape
• Various enhancements which range from small efforts to multi-year programs.

What You’ll Do:

• Interact with business, conduct analysis, and document business processes, workflow and requirements. Solicit business and system requirements using walk-through, document analysis, use case scenarios, business analysis, task and workflow analysis
• Understand the success criteria defined by the business or recognize when the business lacks a clear vision of success criteria.  Ensure alignment is achieved for success criteria and continually validate scope and requirements against the agreed upon objectives.
• Write clear and concise requirements ensuring that requirement statements are complete, consistent, concise, comprehensible, feasible, unambiguous, traceable, and verifiable. 
• Responsible for business requirements, functional requirements, non-functional requirements, data requirements, and reporting requirements
• Analyze and interpret business requirements into functional requirements and specifications that have an appropriate level of detail suitable for use by the technology teams.
• Ability to work with our business and technical partners to achieve an efficient and effective solution with holistic view across internal and external systems
• Verify that the solution meets the business, compliance and technical requirements
• Support business and technology teams to ensure key deliverables are met in an accurate timely manner
• Provide subject matter expertise and assist in the troubleshooting of problems and issues; make recommendations and provide alternative solutions when applicable. 

What You’ll Bring:

• Strong verbal and communication skills with a comfort presenting requirements, recommendations and solutions to varying levels of management, including in some cases executives. 
• Proficiency in requirements gathering and documentation with strong attention to accuracy and detail
• Strong analytical and problem-solving skills.
• Ability to explain technical solutions to technical and non-technical teams
• Use best practices and knowledge of internal or external business issues to improve services
• Interpret business challenges, identifies trends and recommends best practices
• Explain difficult or sensitive information; collaborates with others to build consensus
• Must be very organized and have excellent follow-up skills
• Must be team oriented in interacting with a diverse group
• A proactive self-starter with the ability to work independently
• Ability to manage multiple simultaneous priorities and be comfortable escalating challenges with capacity if necessary.

 Desired Experience: 

• Bachelor's degree preferred
• 3 years of Business Analysis, Accounting, Systems Analysis or similar experience
• Previous experience working within the Life Insurance or Financial Services Industry would be a plus
• Knowledge of NYL products and applications would be a plus
• Experience working within agile and waterfall methodologies to deliver large complex projects

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Pay Transparency

Salary Range:  $77,500-$132,500 

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: 91361