Associate, Agent Accounting and Tax Team

Location Designation: Hybrid - 3 days per week 

 

Our New York Life culture has laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

 

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities.  You will be part of an inclusive team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

 

You are our future, and we commit to investing in you accordingly.

 

Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.

 

Role Overview:

Member of the Agent Accounting and Tax Team within the Field Operations Value Stream.  This team is responsible for the agent ledger and tax withholding accounts, which include over 18 million transactions for approximately $12 billion processing on an annual basis as well as the income tax reporting for all our agents.  This includes W-2, 1099-MISC, 1099-NEC, and 1099-R tax reporting.  This position is responsible for monitoring and analyzing the agent ledger and tax withholding accounts on a daily and monthly basis. In addition, this position will help with the efforts to test and plan for the annual tax reporting coordination project.    

 

What You'll Do:

• Monitor agent ledger and tax withholding accounts for differences.  Research differences, seek guidance on the appropriate actions necessary for correction, and take necessary corrective action. Be alert for trends.
• Assist with the agent wage and tax reporting process by assembling an appropriate in-depth test plan and reviewing wage and tax reports.
• Attend interdepartmental tax form coordination meetings to gain an understanding of the process.
• Participate in the year-end production of tax forms.
• Research and sensitively respond to agent inquiries regarding income and tax withholding in a timely fashion.
• Document their understanding of processes, update current procedures, and seek process improvements.
• Participate in all other tax-related projects determined by management.  

 

What You'll Bring:

• Bachelor's degree in accounting preferred
• Accounting knowledge as well as the ability to develop a knowledge of accounting and ledger systems.
• Experience in different system interfaces, including SAP accounting, SAP payroll, GDS treasury, multiple agent contract systems, and vendor interfaces.

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Pay Transparency

Salary Range:  $50,000-$72,000 

Overtime eligible: Nonexempt 

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.

 

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