Jobs and Careers
NE

Associate - Corporate Controllers Accounting Operations and Reporting

New York Life Insurance Co
New York City, United Statesfull_timeVerifiedPosted 5 Nov 2024
💰 $80,000/yr($47,500/yr$80,000/yr)

About the role

Location Designation: Hybrid - 3 days per week 

 

This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.

 

Business Overview:

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.

 

Role Overview:

The position will be a member of the Accounting and Controllership – Statutory Accounting and Reporting Division and will be actively involved in the statutory financial reporting for all Insurance Legal Entities (6 in total) focusing on state regulatory and NAIC financial reporting obligations.

 

What You'll Do:

  • Manage and oversee the company’s compliance over State regulatory requirements
  • Monitor and review all work performed by our co-source partner in connection with State Filing financial filings.  
  • Monitor regulatory communications to ensure proper delegation and compliance.
  • Coordinate the payment of all invoices for license renewals, assessments, filing fees, and vendor expenses.
  • Produce multiple NAIC required financial schedules/exhibits
  • Lead Business Continuity Planner and Records Management coordinator for the area.      
  • Coordinate and assist with the review of the annual proforma statutory proforma financial statements
  • Update and complete the statutory disclosure checklists for each company in connection with Audit requirements
  • Proactively identify opportunities to continuously improve processes

 

What You'll Bring:

  • Bachelor's Degree with emphasis or concentration in Accounting
  • Strong financial statement analysis skills
  • Working knowledge of Statutory Accounting Principles (SSAP) a plus
  • Strong communication skills
  • Understanding of General Ledger systems (SAP a plus) and other accounting software a plus
  • Continuous Improvement mindset
  • Strong working knowledge of Microsoft Excel, Word, PowerPoint and Workiva Wdesk
  • 1 to 4 years in relative accounting experience 

 

#LI-VL1
#LI-HYBRID

Pay Transparency

Salary Range:  $47,500-$80,000 

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.

 

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.

Company

New York Life Insurance Co

View company profile →