Group Insurance Policy Forms Analyst
Job Location:
White Plains, NY - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Location Designation:Hybrid - 3 days per week
Role Overview:
The Associate Group Insurance Policy Forms Analyst role will be primarily responsible for the preparation drafting review and issuance of contract forms. Also this individual may be responsible for the submission of these forms to applicable insurance departments when necessary and respond to departmental objections/questions to negotiate and secure form approval. While the main objective will be preparation and drafting of policy forms in a timely manner the Group Insurance Policy Forms Analyst will also be actively involved in assisting with other related general contractual issues within the Division including related filing and compliance projects.
What Youll Do:
- Develop and draft various contract forms specific to group life and health insurance and blanket accident/accident medical insurance and related documents for the issuance to group policyholders and certificate holders via third party administrators.
- Research and review laws and regulations and analyze the impact on the Divisions contract forms.
- Determine contractual modifications needed because of legislative requirements and/or changes.
- Review prepare and submit SERFF filings; negotiate approval of product filings from State Insurance Departments.
- Collaborate and communicate with individuals from various areas within the Company (particularly with Contract unit members) in addressing drafting filing and compliance issues and questions.
- Assist with the implementation of other general filing and/or compliance initiatives.
What Youll Bring:
- Bachelors degree or equivalent experience
- 3 to 5 years of relevant experience in the insurance industry preferred
- Strong knowledge of insurance products and insurance laws (preferably group life and health insurance and blanket accident/accident medical insurance)
- Experience filing insurance products via SERFF a plus
- Working knowledge of online insurance research resources such as Wolters Kluwer/Westlaw a plus
- Legal/compliance background a plus
- Strong research analytical and reasoning abilities
- Detail oriented with exceptional organizational skills
- Excellent oral and written communication skills
- Proficient with Microsoft Office suite of products
#LI-MS5
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Pay Transparency
Salary Range:$62400-$80000
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: 93832
Required Experience:
IC
About Company
Protect and build your future with comprehensive one-on-one guidance from New York Life. Learn about our life insurance and financial product offerings.
