New York Life Insurance Company ("New York Life" or "the company") is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion. As of year-end 2016, New York Life's surplus was $23.336 billion**. New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody's Aaa; Standard & Poor's AA+. (Source: Individual Third Party Ratings Report as of 8/17/16).
Financial strength, integrity and humanity-the values upon which New York Life was founded-have guided the company's decisions and actions for over 170 years.
The IT / IS - Policy and Standards Senior Analyst is primarily responsible for the development, maintenance and updates of Information Technology and Information Security policies, and standards to ensure compliance with Security & Risk requirements. This individual will report directly to the IT / IS Policy and Standards Framework lead.
Identifying gaps where additional policies and standards need to be created
Standardizing and normalizing content; identify SMEs and owners
Developing implementation plans and timelines
Instituting socialization and communications plan
Performing annual recertifications and updates of existing policies and standards
This individual requires strong personal, communication and organizational skills as they will be working closely with technology stakeholders across the organization.
BA/BS in Computer Information Systems, Business, Finance, or related field
Understanding of key industry control frameworks (NIST Cyber Security Framework, COSO, COBIT, ISO 27000, etc.)
Knowledge and understanding of systems architecture, infrastructure, security and applications
Ability to interpret and understand IS policies and standards
Ability to propose recommendations as appropriate
Ability to execute against the Policy and Standards strategy
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* Based on revenue as reported by "Fortune 500, ranked within Industries, Insurance: Life, Health (Mutual)," Fortune Magazine, June 17, 2016. See http://fortune.com/fortune500/ for methodology. ** Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company's long-term financial strength and stability and is presented on a consolidated basis of the company.
1. Operating earnings is the key measure use by management to track Company's profitability from ongoing operations and underlying profitability of the business. This indicator is based on generally accepted accounting principles in the US (GAAP), with certain adjustments Company believes to be appropriate as a measurement approach (non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2. Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.