Job Information
New York Life Insurance Company Sr. Associate, Sr. Accountant, Group Benefits Solutions in Philadelphia, Pennsylvania
Location Designation: [[cust_rolelocationdesignation]]
Business Overview:
Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.
Role Overview:
Manages monthly financial analysis and reporting of Disability premiums and ASO Fees as well as focusing on opportunities to improve processes. Presents results and recommendations to management. Typically has a Bachelor’s degree in Accounting and six or more years of significant experience.
What You 'll Do:
Responsible for preparing monthly analysis of Disability premiums and ASO fees.
Analysis to 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.
Facilitates the recording of monthly and quarterly journal entries in the SAP general ledger and the FPSL Sub-ledger.
Responsible for preparing reconciliations of manual FPSL Disability adjustments and Balance Sheet Reconciliations.
Maintains documentation of internal controls processes in compliance with Model Audit Rule (MAR) and Sarbanes Oxley.
Supports recurring internal and external audits and financial exams.
Participates in special projects as needed, either as a subject matter expert or team leader.
What You'll Bring:
BS in Accounting or Finance preferred
6 or more years of Accounting/Finance experience: public accounting or insurance related experience a plus, but not required.
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
Pay Transparency
Salary Range: [[cust_salaryRangePosting]]
Overtime eligible: [[customString6]]
Discretionary bonus eligible: [[cust_merit]]
Sales bonus eligible: [[stockPackage]]
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.
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 ourNYL Benefits Site (https://nylbenefits.com/) .
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture.Click here (https://www.newyorklife.com/newsroom/diversity-and-inclusion-awards) to learn more about how we have been recognized for our leadership.
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 (http://www.newyorklife.com/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 theCareers (https://www.newyorklife.com/about/careers/) page of www.NewYorkLife.com .
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