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Premium Accounting Associate

New York Life Insurance Co logo

Location
United States
Base Salary
48k-70k USD
New York Life Insurance Co

Job Description

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.

This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.

Insurance Operations is seeking a driven Accounting Associate. Come join our high-performing team focused on managing the customer financial flows in an industry leading business unit. It is an excellent opportunity for a highly driven, and intellectually curious individual to join a department that values teamwork, service to community, and a client-first approach to business.

Policy level reconciliation and reporting. Research and review of policy level accounting. Department representation on assigned projects. Root cause analysis with a high degree of solutioning. Output testing and rollout support on departmental initiatives including product releases. Develop and manage reoccurring and ad hoc reporting. Foster interdepartmental collaborations. Present department level perspective to a broad audience. Partner with leadership across the business to increase transparency an business continuity. Backup and support for daily reconciliation functions.

Requirements:

  • Bachelor's degree in accounting or equivalent experience.
  • 2+ years related experience.
  • Knowledge of Accounting Practices.
  • Ability to Analyze Data.
  • Critical Thinking Skills.
  • Time Management Skills.
  • Written and Verbal Communication Skills.
  • Ability to perform Advanced Data Analysis and interpretation.
  • Proficient in Excel and data visualization tools.
  • Must be able to use knowledge of best practices to improve processes and procedures.
  • Role will require vast premium accounting knowledge as well as background knowledge across the entire NYL organization.
  • Exhibit Strong leadership, analytical, and problem-solving skills with the ability to shift quickly from project to project depending on the business need.
  • Role will require managing projects and the people who will be leveraged to complete those projects.
  • Must be able to use knowledge of best practices to improve processes and procedures.
  • Attention to detail and organizational skills.
  • Written & Verbal Communication Skills.
  • Ability to lead meetings and work in a collaborative setting.
  • Must be able to work independently and be a team player.

This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.

Salary range: $47,600-$70,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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. 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 visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 90384

Advice from our career coach

As someone who has worked in various industries, I can tell you that the Accounting Associate role at New York Life is a great opportunity for someone looking to grow their career in a relationship-based company. To stand out as an applicant, make sure to highlight your experience and skills in accounting, data analysis, critical thinking, and communication. Here are some specific tips to help you standout:

  • Emphasize your experience with policy level reconciliation and reporting
  • Showcase your ability to analyze data and perform advanced data analysis
  • Demonstrate your proficiency in Excel and data visualization tools
  • Highlight your attention to detail, organizational skills, and ability to manage projects
  • Illustrate your leadership, analytical, and problem-solving skills

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