Location Designation:Hybrid - 3 days per week
Role Overview:
As an Accounting Associate you will serve as a key business support function for NYL Direct Insurance Operations (IO) Product Research UW Strategy and Advanced Analytics (PRUAA) and Business Employee and Workplace (BEW) contributing to the effective management and control of organizational expenses. Core responsibilities encompass accounts payable budget status reporting cost analysis and month-end close expense activities. The role requires close collaboration with management staff to identify and address issues impacting financial results analyze cost drivers and variances and ensure informed decision-making. Additionally this position acts as a liaison with corporate financial staff and corporate services to maintain compliance with established expense guidelines.
What Youll Do:
Ensure timely accurate accounts payable services and resolve complex queries for NYL Direct and vendors
Support budget development analysis and reforecasting
Analyze data and recommend solutions to improve management efficiency
Review policies and procedures to enhance expense processes
Manage month-end close activities including accruals and labor analysis
What Youll Bring:
This role requires solid accounting knowledge for managing budgets expenses and accounts payable along with intermediate skills to provide data analysis and reporting. A strong understanding of NYL Direct lines of business and cross-functional expense management is essential.
Key competencies include guiding departmental expenses coordinating workload meeting deadlines and providing user training on various financial systems. Effective problem-solving is needed for account reconciliation workflow anomalies and accurate expense allocations. The position demands frequent decision-making on policy and expense matters and clear timely communication with colleagues across NYL Direct NYL Corporate Division and vendors.
Required Skills:
Bachelors degree from a 4-year college or university
Minimum 2 4 Years
Strong communication and financial skills
Detail orientated with a sense of urgency
Proficient in Microsoft Office Suite and Business Intelligence tools
Preferred Skills:
Proficient in ReadSoft SAP SQL Development
Pay Transparency
Salary Range:$57000-$81500
Overtime eligible:Exempt
Discretionary bonus eligible:Yes
Sales bonus eligible:No
Actual base salary will be determined based on several factors but not limited to individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary addition to base salary employees may also be eligible to participate in an incentive program.
Company Overview
At New York Life our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology- data- and AI-enabled organization we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communitiesinviting bold thinking collaborative problem-solving and purpose-driven innovation. Here youll find the rare balance of long-standing stability and forward momentum supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company we offer a place to grow your skills contribute to meaningful work and deliver solutions that matter. Your ideas drive whats next and your growth powers it.
Our Benefits
We provide a full package of benefits for employees and have unique offerings for a modern workforce 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. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Lifes leadership in this space.
Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by the proud that due to our mutuality we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life please visit the Careers page of .
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Job Requisition ID: 93075
Required Experience:
IC
Protect and build your future with comprehensive one-on-one guidance from New York Life. Learn about our life insurance and financial product offerings.