Senior Financial Analyst

4 days ago


Philadelphia, Pennsylvania, United States New York Life Insurance Company Full time
Job Title:

Financial Analyst - Disability Premiums and ASO Fees


Company:

New York Life Insurance Company


Job Summary:

We are seeking a highly skilled Financial Analyst to join our team at New York Life Insurance Company. As a Financial Analyst, you will be responsible for managing monthly financial analysis and reporting of Disability premiums and ASO Fees. You will also focus on opportunities to improve processes and present results and recommendations to management.


Key Responsibilities:

  • Prepare monthly analysis of Disability premiums and ASO fees
  • Enhance the accuracy, completeness, and consistency of Disability premiums and ASO fees
  • Coordinate with matrix partners within GBS Finance and Revenue Management for fluctuation questions
  • Facilitate the recording of monthly and quarterly journal entries in the SAP general ledger and the FPSL Sub-ledger
  • Prepare reconciliations of manual FPSL Disability adjustments and Balance Sheet Reconciliations
  • Maintain documentation of internal controls processes in compliance with Model Audit Rule (MAR) and Sarbanes Oxley
  • Support recurring internal and external audits and financial exams
  • Participate in special projects as needed, either as a subject matter expert or team leader


Requirements:

  • Bachelor's degree in Accounting or Finance
  • 6 or more years of Accounting/Finance experience: public accounting or insurance related experience a plus
  • Strong analytical skills to interpret and evaluate premiums and ASO fees for accuracy, completeness, and consistency
  • Excellent oral and written communication skills
  • Ability to work in a multi-task environment with tight deadlines
  • Ability to work independently and as a team player
  • Motivated, proactive self-starter
  • Proficient in Microsoft Office software


Benefits:

  • Competitive salary range: $95,000-$162,500
  • Overtime eligible: Exempt
  • Discretionary bonus eligible: Yes
  • Sales bonus eligible: No
  • Comprehensive benefits package, including leave programs, adoption assistance, and student loan repayment programs


About New York Life:

New York Life Insurance Company is a Fortune 100 company and industry leader, providing a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. We are committed to investing in our employees and providing opportunities to tackle meaningful challenges and stretch their skills while balancing work and life priorities.



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