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New York Life Insurance Company CORPORATE VICE PRESIDENT & ACTUARY in New York, New York

When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.

Highlights of the role

Life Valuation team is at the forefront of several key finance initiatives. As a key member of this team, you will:

  • Have opportunities to learn about the valuation of all NYLIC and NYLIAC Retail and Institutional products

  • Develop deep understanding of statutory reserve calculations, in addition to principle-based reserves

  • Gain proficiency in Triton, SQL, and Prophet models

  • Coordinate across the valuation, ALM, and financial reporting teams

Descriptions of Responsibilities

  • Responsible for enhancing reserve calculation tools on term and whole life that are used to validate statutory reserves on individual life inforce business

  • Lead life actuarial tax return support and support tax reserve calculation/reporting process

  • Work on life valuation financial reporting activities for quarterly reporting of statutory and GAAP reserves, including investigating follow-up items, discrepancies, and changes in methodology

  • Support death claim and disability Incurred But Not Reported (IBNR) calculations

  • Develop disabled life reserve calculations and modeling for life and long-term care combination products

  • Position reports to MG3 BAU Team lead

Qualifications

  • FSA

  • Experience working with Prophet

  • Experience with Life Insurance preferred

  • Strong analytical and communication skills

  • Ability to take lead on projects and work independently

  • Detail oriented and organized

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 ourFoundation (https://www.newyorklife.com/foundation) .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 visitLinkedIn (https://www.linkedin.com/company/newyorklife/) , ourNewsroom (https://www.newyorklife.com/newsroom/) and theCareers (https://www.newyorklife.com/about/careers/) page of www.NewYorkLife.com .

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