Associate, Reinsurance Administration Analyst

Location Designation:Hybrid - 1 day per week

New York Life’s Reinsurance Team is responsible for assessing and acquiring reinsurance (insurance purchased by New York Life to cover a portion of the risks on policies that we issue). The team’s role is to support New York Life’s profitability and risk mitigation objectives, while administering the portfolio of reinsurance agreements on an ongoing basis. New York Life has approximately 350 reinsurance agreements in place, which provide close to $300B of reinsurance coverage for over 1 million policies.

The Reinsurance Administration role supports the Reinsurance Operations area in ensuring that reinsured policies and related claim payments from reinsurers are handled timely and accurately for New York Life’s Individual Life reinsurance agreements.

• Investigate, evaluate, and resolve issues related to reinsurance processing on individual policies within established guidelines and procedures.
• Monitor key reports to promptly identify and address reinsurance issues, ensuring all financial implications are properly captured and communicated.
• Calculate interest on reinsurance claim payments and process claims accurately in the reinsurance administration system.
• Notify and bill reinsurers for claims in a timely, precise manner, and track receipt of claim recoveries.
• Serve as a primary contact for reinsurers to provide explanations, documentation, and issue resolution.
• Prepare and deliver supporting data and analysis for reinsurer audits.
• Partner with management on ad hoc analysis, projects, and process enhancements, with a focus on leveraging AI.
• Respond to inquiries from internal and external stakeholders, ensuring professional and timely communication.

• Strong proficiency in Excel, Access, Word, and PowerPoint.
• SQL knowledge a plus
• Demonstrated analytical ability and attention to detail.
• Aptitude for identifying and implementing process improvements.
• Effective written and verbal communication skills.
• Ability to learn new systems and workflows quickly.
• Self-motivated with the ability to work independently and within a team environment.
• Bachelor’s degree in Finance, Accounting or Business preferred.
• Relevant internship or prior insurance/finance operations experience a plus.

Pay Transparency

Salary Range:$50,000-$71,500

Overtime eligible:

Nonexempt

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.

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.

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.  to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

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…