Job Requisition ID: 92504

Location Designation: Fully Onsite

Location: 44 South Broadway, White Plains, New York 10601 (fully in office)

Offered Wage: $118,248/year

Senior Associate to leverage financial planning, risk management, advanced financial modeling, risk analysis, and strategic planning to analyze master projection model usage and perform in-depth analysis of in-vestment performance. Conduct monthly portfolio cost analysis to set credit rates by contributing to derivative and cashflow models, gathering data from other groups, and generating scenario analyses. Enhance strategic planning for asset liability management (ALM) by managing risks associated with investment portfolios and asset liquidity. Improve workflow processes and elevate efficiency by migrating portions of model input and output from Excel to Python eliminating manual data manipulation and running models. Complete ad hoc requests, including portfolio yields scenario analysis and investment costs to set credit rates for multiple product lines. Requires: Master's degree in Enterprise Risk Management, Actuary Science, Financial Engineering, or related field (willing to accept foreign education equivalent) plus one year of experience as a Senior Associate or related occupation in a data or quantitative role developing and analyzing financial models with insurance related experience, or, alternatively, a Bachelor's degree in Enterprise Risk Management, Actuary Science, Financial Engineering, or related field (willing to accept foreign education equivalent) plus three years of experience as a Senior Associate or related occupation in a data or quantitative role developing and analyzing financial models with insurance related experience. Specific skills/other requirements- Must also possess the following (quantitative experience requirements not applicable to this section): input data into financial model using SQL and Excel; leverage Python and Excel VBA models to perform complex calculations, ensuring consistency and accuracy in the output of monthly crediting rates; integrate trend and factor changes (e.g., credit spreads, interest rate fluctuations) into models, ensuring alignment with current business strategies; identify trends, anomalies, and potential areas for optimization; develop and improve financial model automation and implement additional data validation checks, error-handling mechanisms, and control frameworks to minimize operational risks; Microsoft Excel Macro and VBA, Python and SQL, Tableau, and professional knowledge of insurance industry; risk expertise including Risk Reporting (RCSA, KRI, Risk Heatmap, Gap analysis, Risk metrics) or Risk Modeling (VaR, ES, Risk Exposures).

Eligible for Employee Referral Program.

Apply online at https://www.newyorklife.com and reference job title.

Pay Transparency

Overtime eligible: Exempt

Discretionary bonus eligible: No

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.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.

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.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.

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 the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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.

Job Requisition ID: 92504

About NY Life Insurance Company

Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.

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 a diverse 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.

Required Legal Notices - All Candidates Please Click Here

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