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 Monterey 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 2014 operating earnings of $2.021 billion. Total assets under management at year end 2014, with affiliates, totaled $552.82 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 170 years.
A Solution Engineer will transform conceptual architecture into detailed technical requirements implement within the development team. A good foundational knowledge of the financial / banking / insurance domain will be required to facilitate the delivery of a solution. Best practices and policies are part of the duties to ensure corporate and local governance is adhered. Partner with the architecture team during the conceptual design, roadmap construction and adoption of policy.
Transform conceptual architecture into detail design documents
Design technology solutions for specific projects in collaboration with domain architect and business analyst
Ensure standards and guidelines defined by domain architecture and enterprise architecture is adopted.
Facilitates solution design discussions
Participates as a member of the project team to ensure optimal design solution is understood and implement.
Responsible for ensuring recommended solution is followed during implementation.
Provides technical guidance to project teams in their area of expertise and/or leads team to complete the project.
Responsible for logical and physical design structures
Participates in evaluating new technologies, business planning, and technology roadmaps relevant to the domain
Creates and maintains project design artifacts to capture current state.
Represents project teams at architecture, security and financial control review boards.
6+ years of relevant experience working as a practitioner engineer
Required Skills / Knowledge
Advanced level of expertise to document solutions and take a project to completion.
Knowledge of variant documentation techniques in Conceptual Diagrams, Logical Diagrams, Use-Case Diagrams, Data Entity Diagrams. UML and Class Diagrams.
6 + years of relevant experience in a technical software engineer or technical integrator position.
Strong experience one or more of the following: JAVA, HTML, XML, CSS, SAML with various integration patterns (Web Services, Messaging (MQ), Database Links, File Transfers) as well as some experience with mainframe applications and technologies preferre
Strong Java, Database (Oracle/MSSQL/NOSQL) experience
Exposure to Mainframe Technology and Cloud experience would be a plus
General knowledge of tool sets related to Semantic Layers, ETL, Business Intelligence, Profilers, Change Data Capture Techniques and Batch Processing
Excellent communication skills to a wide range of audiences.
Proficient in development abilities related Oracle
SQL and PLSQL Knowledgeable
Proven understanding of SDLC
Financial Service back ground is desired
Nice to have general knowledge of concepts in Service oriented architecture
Bachelor’s degree in Computer Science, Information Technology, Engineering or a closely related discipline required
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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.
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