Policy Forms Associate

Location Designation: Hybrid 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

Position Summary: 

The Policy Forms Associate role will be primarily responsible for the preparation, review and submission of contract forms to applicable State Insurance Departments and responding to departmental objections/questions in order to negotiate and secure form approval.  While the main objective will be to process and complete filing tasks in a timely manner, the Associate will also be actively involved in assisting with other related filing, compliance and general contractual issues within the Division.

Primary Responsibilities:

• Assist with development and drafting of various contract forms and related documents for filing with State Insurance Departments.
• Review, prepare and submit SERFF filings; negotiate approval of product and group filings from State Insurance Departments.
• Research, review and evaluate new and proposed laws, regulations, Department of Insurance publications, Attorney General opinions, etc. and assess impact on the Division’s business.
• Determine and implement any procedural or contractual modifications needed as a result of legislative changes.
• Collaborate and communicate with individuals from various areas within the Company (particularly with Contract unit members) in addressing filing, regulatory and compliance issues and questions.
• Assist with the implementation of other general filing and/or compliance initiatives.

Required Qualifications:

• Bachelor’s degree with a minimum of 2-5 years in the insurance industry preferred.
• High School Diploma or GED from accredited institute required.
• Knowledge of insurance laws (preferably group insurance), products and administration procedures along with State Insurance Department filing experience is preferred.
• Legal/compliance background a plus.
• Experience filing insurance products via SERFF.
• Working knowledge of insurance databases such as Wolters Kluwer 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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Salary range: $58,500-$77,500 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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. 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 www.NewYorkLife.com.

Job Requisition ID: 89713