Senior Associate, Contract Forms

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Date: Sep 21, 2022

Location: White Plains, NY, US

Company: New York Life Insurance Co

 

 

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.

 

This position involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.
 

This position 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 responding to departmental objections/questions in order to negotiate and secure form approval.  While the main objective will be preparation and drafting of policy forms in a timely manner, the position will also be actively involved in assisting with other related general contractual issues within the Division, including related filing and compliance projects.

 

Primary Responsibilities:

 

  • Develop and draft various contract forms 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 as a result 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.

 

Required Qualifications:

 

  • Bachelor’s degree with a 5-7 years’ relevant experience in the insurance industry.
  • Strong knowledge of insurance products and insurance laws (preferably group 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.

 

This position involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.
 

SF:LI-KH1

#LI-HYBRID

 

 

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: 87371

 

 

 


Nearest Major Market: White Plains
Nearest Secondary Market: New York City

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