Group Insurance Policy Forms Analyst

Location Designation: Hybrid - 3 days per week 

Role Overview:

The Associate, Group Insurance Policy Forms Analyst role will be primarily responsible for the preparation, drafting, review and issuance of contract forms.  Also, this individual may be responsible for the submission of these forms to applicable insurance departments, when necessary, and respond to departmental objections/questions to negotiate and secure form approval.  While the main objective will be preparation and drafting of policy forms in a timely manner, the Group Insurance Policy Forms Analyst will also be actively involved in assisting with other related general contractual issues within the Division, including related filing and compliance projects.

What You’ll Do:

• Develop and draft various contract forms, specific to group life and health insurance and blanket accident/accident medical insurance, and related documents for the issuance to group policyholders and certificate holders via third party administrators.
• Research and review laws and regulations and analyze the impact on the Division’s contract forms.
• Determine contractual modifications needed because of legislative requirements and/or changes.
• Review, prepare and submit SERFF filings; negotiate approval of product filings from State Insurance Departments.
• Collaborate and communicate with individuals from various areas within the Company (particularly with Contract unit members) in addressing drafting, filing and compliance issues and questions.
• Assist with the implementation of other general filing and/or compliance initiatives.

What You’ll Bring:

• Bachelor’s degree or equivalent experience
• 3 to 5 years of relevant experience in the insurance industry preferred
• Strong knowledge of insurance products and insurance laws (preferably group life and health insurance and blanket accident/accident medical insurance)
• Experience filing insurance products via SERFF a plus
• Working knowledge of online insurance research resources such as Wolters Kluwer/Westlaw a plus
• Legal/compliance background a plus
• Strong research, analytical and reasoning abilities
• Detail oriented with exceptional organizational skills
• Excellent oral and written communication skills
• Proficient with Microsoft Office suite of products

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Pay Transparency

Salary Range: $62,400-$80,000 

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: 93832