Senior Associate (Insights & Analytics)
Job Description
Location Designation:Hybrid - 1 day per week
New York Life is seeking a highly qualified individual to join the Insights & Analytics team within the Purchase Experience (PX) Value Stream. The Insights & Analytics team is responsible for spearheading the development of integrated financial projections regarding various projects and initiatives across PX and for identifying and evaluating the resulting benefits, to inform initiative business cases and ongoing tracking for senior management. This position will be a key player in gathering and analyzing information and assumptions needed to support the projections and in delivering actionable insights and results to various stakeholders.
This position will be an integral part of the Insights & Analytics team and will work with colleagues across functional and organizational lines. The position requires someone with strong financial and analytical experience, excellent written and verbal communication skills, the capability to effectively work collaboratively with others, and an independent drive to execute on both day-to-day priorities and longer-term goals.
Responsibilities:
- Develop, refine, and update multi-year cost-benefit analyses (CBAs) for various projects and initiatives of the purchase experience, including new business and underwriting modernization
- Coordinate and integrate additions and updates from business partners and other contributors while owning the master version and firmly maintaining version control
- Research and develop other models as needed relating to business operations linked to CBAs, such as volume or staffing models
- Clearly and concisely articulate in written and verbal communication the findings of the analysis performed
- Prepare high-quality discussion material for Capital Investment Committee (CIC), governance meetings, and management reports
- Financial tracking (program, project, initiative level), reporting; in collaboration with Finance team
- Develop analytics and discussion materials related to variable BAU expenses, such as requirements costs
- Maintain and update projection models supportingvariable BAU expenses budgeting
- Expected to gain a thorough understanding of the business
Qualifications:
- Bachelor Degree - Statistics, Math, Data Science, Analytics
- 3-5 years of experience
- Highly developed financial modeling and analytics skills
- Can translate real world business problems into efficient models and interpret the results
- Experience working with Underwriting data and a familiarity with Insurance products
- Understands the reliance of work product on assumptions and can make assumption recommendations
- Ability to explore granular data to understand and attribute changes seen in high level metrics
- Excellent execution and time management skills, ability to manage multiple projects and tight deadlines
- Strong communication skills and an ability to collaborate effectively across diverse teams
- Open to new ideas and can deal with ambiguity
- Ability to convey technical concepts to non-technical audience
- Advanced proficiency in Excel and PowerPoint
- Familiarity with Tableau preferred
Pay Transparency
Salary Range:$121,000-$172,500
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 individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In 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 communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll 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 what's 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 Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're 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 www.NewYorkLife.com.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 92718
Location Designation:Hybrid - 1 day per week
New York Life is seeking a highly qualified individual to join the Insights & Analytics team within the Purchase Experience (PX) Value Stream. The Insights & Analytics team is responsible for spearheading the development of integrated financial projections regarding various projects and initiatives across PX and for identifying and evaluating the resulting benefits, to inform initiative business cases and ongoing tracking for senior management. This position will be a key player in gathering and analyzing information and assumptions needed to support the projections and in delivering actionable insights and results to various stakeholders.
This position will be an integral part of the Insights & Analytics team and will work with colleagues across functional and organizational lines. The position requires someone with strong financial and analytical experience, excellent written and verbal communication skills, the capability to effectively work collaboratively with others, and an independent drive to execute on both day-to-day priorities and longer-term goals.
Responsibilities:
- Develop, refine, and update multi-year cost-benefit analyses (CBAs) for various projects and initiatives of the purchase experience, including new business and underwriting modernization
- Coordinate and integrate additions and updates from business partners and other contributors while owning the master version and firmly maintaining version control
- Research and develop other models as needed relating to business operations linked to CBAs, such as volume or staffing models
- Clearly and concisely articulate in written and verbal communication the findings of the analysis performed
- Prepare high-quality discussion material for Capital Investment Committee (CIC), governance meetings, and management reports
- Financial tracking (program, project, initiative level), reporting; in collaboration with Finance team
- Develop analytics and discussion materials related to variable BAU expenses, such as requirements costs
- Maintain and update projection models supportingvariable BAU expenses budgeting
- Expected to gain a thorough understanding of the business
Qualifications:
- Bachelor Degree - Statistics, Math, Data Science, Analytics
- 3-5 years of experience
- Highly developed financial modeling and analytics skills
- Can translate real world business problems into efficient models and interpret the results
- Experience working with Underwriting data and a familiarity with Insurance products
- Understands the reliance of work product on assumptions and can make assumption recommendations
- Ability to explore granular data to understand and attribute changes seen in high level metrics
- Excellent execution and time management skills, ability to manage multiple projects and tight deadlines
- Strong communication skills and an ability to collaborate effectively across diverse teams
- Open to new ideas and can deal with ambiguity
- Ability to convey technical concepts to non-technical audience
- Advanced proficiency in Excel and PowerPoint
- Familiarity with Tableau preferred
Pay Transparency
Salary Range:$121,000-$172,500
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 individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In 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 communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll 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 what's 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 Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're 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 www.NewYorkLife.com.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 92718
About New York Life Insurance Company
New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States and is ranked #67 on the 2021 Fortune 500 list of the largest United States corporations by total revenue.
At the heart of New York Life is a commitment to be there for our customers when they need us—whether today or decades into the future. We have delivered on that promise for over 175 years by investing wisely, growing a portfolio of strategic businesses, and remaining true to our mission as a mutual company, accountable only to our customers, not to outside investors. For our customers, that means having the confidence that comes with knowing they can build a better future for themselves and those they love.
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