Corporate Vice President, Technology Infrastructure Finance Leader

Location Designation: Hybrid - 3 days per week 

 

 

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.

 

 

 

New York Life Insurance Company (“New York Life”) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, and is one of the most financially strong and highly capitalized insurers in the business. At year end 2013 New York Life had a total surplus of $21.141 billion and holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa ; Standard & Poor’s AA+. (Source: Individual Third-Party Ratings Report as of 6/18/14)

Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for nearly 170 years.

 

*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, May 20, 2013.  See http://money.cnn.com/magazines/fortune/fortune500/2013/faq/ for methodology.

 

The Infrastructure and Vendor Finance lead for the Strategic Capabilities Finance is responsible for the management reporting of financial results, the multi-year financial planning process and the financial support for the strategic and tactical needs of the business. Strategic Capabilities include Technology Organization, Data Organization and Planning and Strategy team for the enterprise. Technology team requires expertise in financials on managing the infrastructure spend and all the associated vendor financials.

The role will report to the CFO of Strategic Capabilities Finance and will serve as key role for the organization. The role will initially start with managing infrastructure financials but eventually evolve to managing entire technology vendor financials and reporting. This role involves close coordination with the broader finance community and with our key business stakeholder such as the Chief Information Officer and Chief Technology Officer. We are looking for a driven leader with a passion for analytics and leading a team and coaching them to deliver on all key strategic deliverables.

 

Major Responsibilities

 

• Management Reporting and Analysis: Develop and produce timely, accurate and insightful management reports, with performance indicators and metrics, to support senior management decision making and execution. Responsibilities include:

o Develop key messages around business performance and link financial results to business strategies

o Meet with key stakeholders to understand business trends

o Produce, communicate and present a quarterly financial package to senior leaders and business partners

o Contribute to the monthly financial reporting package

o Develop analytics, trends and commentary to illustrate and explain the story to senior management

 

• Planning, Budgeting and Forecasting: Lead an efficient, thorough and insightful planning process. Responsibilities include:

o Coordinate the multi-year financial planning process across Strategic Capabilities finance, business and distribution partners

o Link financial plans to strategic business objectives, key initiatives, sales plans, and budgets

o Produce financial planning package, including key performance metrics

o Communicate results to business partners and senior management