Associate, Accounting

Location Designation: Hybrid - 3 days per week 

Role Overview:

As an Accounting Associate, you will serve as a key business support function for NYL Direct Insurance Operations (IO), Product, Research, UW Strategy and Advanced Analytics (PRUAA), and Business, Employee and Workplace (BEW) contributing to the effective management and control of organizational expenses. Core responsibilities encompass accounts payable, budget status reporting, cost analysis, and month-end close expense activities. The role requires close collaboration with management staff to identify and address issues impacting financial results, analyze cost drivers and variances, and ensure informed decision-making. Additionally, this position acts as a liaison with corporate financial staff and corporate services to maintain compliance with established expense guidelines.

What You’ll Do:   

• Ensure timely, accurate accounts payable services and resolve complex queries for NYL Direct and vendors
• Support budget development, analysis, and reforecasting
• Analyze data and recommend solutions to improve management efficiency
• Review policies and procedures to enhance expense processes
• Manage month-end close activities, including accruals and labor analysis

What You’ll Bring:

This role requires solid accounting knowledge for managing budgets, expenses, and accounts payable, along with intermediate skills to provide data analysis and reporting. A strong understanding of NYL Direct lines of business and cross-functional expense management is essential.

Key competencies include guiding departmental expenses, coordinating workload, meeting deadlines, and providing user training on various financial systems. Effective problem-solving is needed for account reconciliation, workflow anomalies, and accurate expense allocations. The position demands frequent decision-making on policy and expense matters, and clear, timely communication with colleagues across NYL Direct, NYL Corporate Division, and vendors.

Required Skills:

• Bachelor's degree from a 4-year college or university
• Minimum 2 – 4 Years
• Strong communication and financial skills
• Detail orientated with a sense of urgency
• Proficient in Microsoft Office Suite and Business Intelligence tools

Preferred Skills:

• Proficient in ReadSoft, SAP, SQL Development

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Pay Transparency

Salary Range: $57,000-$81,500 

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 Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

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: 93075