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 2015 operating earnings of $1.875 billion. Total assets under management at year end 2015, with affiliates, totaled $528 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 8/11/15).
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.
General Profile : Assisting in the preparation of sales and financial reporting and analytics for the Agency Department's Product Consulting Group which consists of approximately 185 employees, with more than half operating remotely, and a combined budget of approximately $50 million. Responsibilities include:
ANALYSIS AND REPORTING
Assist in preparation of daily, monthly and annual sales reports for all sales teams.
Work closely with all product areas in the development and expansion of business intelligence reporting capabilities using tools like spotfire.
Assist in modeling consultant team sales incentive compensation to align with product team and sales initiatives.
Assist in quarterly administration and analysis of wholesaler compensation.
Assist in developing compensation tracking/reporting tools.
Bachelor Degree (Finance/Accounting)
Minimum of 0-2 years of relevant experience
Experience in modeling using spreadsheets and databases
Expertise in pivot tables, filtering and multiple worksheet data sources
Experience in Business Objects/Webi/TOAD/Spotfire a plus
Understanding of how data and reporting can be used to help sales people better manage time and drive results
Strong written and verbal coummunication skills
Problem Solving : Analyze emerging sales trends and expenses to identify areas that need additional focus.
Decision Making/ Nature of Impact : Decide how best to distribute sales reporting across multiple geographic locations.
Communication Requirements : Communicate with internal and external consultants, and managers. Ability to communicate verbally and in writing, including ability to do formal training/presentations.
SF:EF-AD1 SF:LI-AD1 EOE M/F/D/V
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* Based on revenue as reported by "Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual)," Fortune Magazine, June 15, 2015. See http://fortune.com/fortune500/2015/ for methodology. 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.