Director - ALM & Investment Strategy - Income Projections - New York Life : Job Details

Director - ALM & Investment Strategy - Income Projections

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.

What You'll Bring:

• Partner with business finance teams to analyze investment performance impacts on financial metrics including Earnings and Surplus.
• Master the utilization of the projection model with deep understanding of the modeling of investment income, asset allocation, and portfolio yield expectations.
• Participate in corporate planning process by generating investment projections for the company's portfolios.
• Coordinate investment projection efforts across Finance teams, Corporate, and investment partners.
• Attribute portfolio performance, including actual to expected investment outcomes versus Plan.
• Provide investment support to Finance senior management and business partners, including:
  • Regular production of analyses of the investment portfolios
  • Responding to ad-hoc requests, such as scenario analysis and investment activity updates
• Complete monthly analysis of portfolio yields, investment expenses, and other investment costs for use in crediting rate setting of multiple product lines.
• Support planning and analysis related to ALM strategies.

What You'll Do:

• Highly developed quantitative and analytical skills.
• 3+ years of experience in investment or insurance related field.
• Bachelor's degree or higher in finance or quantitative area.
• Understanding of fixed income investment.
• Familiarity with insurance company finance and liabilities.
• Experience with investment accounting (a strong plus).
• Some programming experience.
• Proficiency with Excel.

Pay Transparency

Salary Range: $117,500-$200,000. Discretionary bonus eligible: Yes. 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.

We provide a full package of benefits for employees, 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.

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.

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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Job Requisition ID:91058

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.

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.