Senior Associate - Financial Modeling Technician

 

Location Designation: Hybrid - 3 days per week 

 

 

NEW YORK LIFE

Title:                Senior Associate, Financial Modeling Technician

Location:         Remote, any state

                       

 

 

Business Overview:

 

The Actuarial Operations Department at New York Life is seeking a motivated and detail-oriented Senior Associate to join our Prophet Staging & Production Team, a group at the heart of our financial modeling operations. This team plays a vital role in producing Asset-Liability Management (ALM), Valuation, and other financial modeling metrics using the Prophet Enterprise actuarial platform.

 

This is an excellent opportunity for a candidate with a strong technical background to gain exposure to modeling operations across a diverse portfolio of life insurance and annuity products.  You’ll collaborate closely with both actuarial and IT teams, contributing to process standardization and automation efforts that drive innovation and efficiency across the organization.

 

Role Overview:

 

Join a high-impact team where your work directly supports multiple actuarial functions across the organization. As a Financial Modeling Technician on the Prophet Staging & Production Team, you'll play a pivotal role in delivering trusted modeling results that drive strategic decisions. This is a dynamic opportunity for someone who thrives on improving processes, embracing innovation, and collaborating across teams.

 

What You'll Do:

 

• Configure and execute Prophet jobs for testing, reporting, and runtime optimization
• Maintain and update input data using Assumption Manager within Prophet Enterprise
• Analyze model output, perform reasonableness checks, and ensure high-quality results
• Implement controlled changes based on stakeholder requests, while upholding model governance standards
• Collaborate with actuaries to refine model inputs, configurations, and data transformation workflows
• Partner with IT teams to advance automation initiatives and streamline operations
• Monitor and report on model runtime efficiency and cloud-based cost metrics
• Challenge existing processes and champion continuous improvement to enhance team performance and modeling capabilities

 

What You'll Bring:

 

• 2-5 years of experience in finance, actuarial, or other quantitative roles
• Bachelor's degree in Finance, Mathematics, Engineering, or a related field
• Strong technical skills with excellent attention to detail
• Strong analytical and problem-solving skills, with the ability to interpret complex model outputs
• Effective communication and collaboration skills, especially in cross-functional settings with actuarial and IT teams
• Interest in process improvement and automation, with a mindset geared toward innovation and operational efficiency
• Ability to manage multiple priorities in a fast-paced environment, with a proactive approach to learning and development
• Proficiency with Microsoft Excel, Word, and VBA (required)
• Experience with the FIS Prophet Suite (Professional or Enterprise) preferred
• Exposure to financial services, data operations, or actuarial modeling is a plus

 

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Pay Transparency

Salary Range: $79,000-$113,000 

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