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 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.
Systems Analyst will analyze and interpret business and user requirements into technical specifications that have an appropriate level of detail suitable for use by the development and implementation teams. Lead the team and other resources to ensure alignment of technical solutions with business requirements for complex business projects. Analyst will serve as a liaison between business units, project managers and IT Delivery organization.
SA should be able to work independently to deliver end-to-end solutions for moderate to complex projects in a fast paced environment.
Learn Annuity business managed by the NYL Insurance and Annuities Group, in addition to the technical aspects of administering annuity products.
- Review project requirements, assess and estimate the necessary time-to-completion
- Translate business requirements into technical requirements
- Interface with BAs and Developers to ensure requirements are met
- Work with peers to carry out code reviews and unit testing of new development
- Document new development, procedures or test plans as needed
- Deploy all integration artifacts to a testing and production environment
- Serve as NYL Technical Application Interface liaison
- Act as Subject Matter Expert in systems and business
- Evaluate release readiness
- Interpret business challenges, identifies trends and recommends best practices
- 5 + years of experience of business and technical analysis
- 2 + years’ experience in .Net programming, MS SQL, XML
- Working knowledge of Web Technologies (RESTful APIs , HTML, XML, JSON, web services, etc.)
- Experience working in Financial Services Industry, specifically as it relates to Insurance and Annuity Products
- Experience in working in a team-based agile or waterfall development environment
- Experience conducting current state vs. target state analysis, gap fitment, scope management
- Experience with and understanding of large scale software integration implementation
- Demonstrate understanding of core business functions
- Strong knowledge of Annuity products and concepts
- Strong analytic problem-solving, critical-thinking skills
- Sound organizational skills to work in a fast-paced environment and manage multiple priorities
- Working knowledge of Word, Excel, PowerPoint, MS Project, Quality Center, SharePoint, Visio
- Demonstrated ability to learn and apply new technologies as the need arise
Education – Degrees/Certificates
- Bachelor degree in computer science, mathematics, actuarial science, statistics or a related discipline
- Business Analysis CBAP or equivalent certification a plus
Available for some travel.
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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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