Sr. Associate, Financial Planning Analyst at Life Insurance Co , NY

Sr. Associate, Financial Planning Analyst

Location Designation: Hybrid - 3 days per week

Our New York Life culture has laid the foundation for over 180 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of an inclusive team guided by our belief to always be there for each other – providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision‑making. You'll work collaboratively to ensure data accuracy, implement robust controls and safeguard policy owners’ interests. Become part of a team dedicated to financial stewardship, enabling business performance and paving the way for a secure future for generations to come.

The Financial Planning & Analysis team within the Strategic Capabilities Finance department is looking for a Senior Associate – Financial Planning & Analysis. This role focuses on partnering with finance, business, and technology stakeholders to maintain and enhance Strategic Investment planning and Financial Planning & Analysis (FP&A) processes, including consolidation of monthly results, planning, forecasting, and ad‑hoc analysis.

The role aims to enhance cost visibility and enable fact‑based decision‑making across IT and business functions. The ideal candidate will support the Apptio suite of applications, data governance, reporting, and dashboarding needs across various service owners and cost centers. This position requires problem‑solving skills, an analytical mindset, and the ability to identify automation opportunities and other process simplifications. It also requires the ability to work independently and as part of a cross‑functional team.

• Lead and support the annual budgeting, quarterly forecasts, and monthly financial reporting processes.
• Analyze financial performance and key business trends; develop insights and recommendations to drive performance.
• Partner with business units to understand operational drivers and ensure alignment with financial goals.
• Prepare executive‑level presentations (e.g., Board materials, leadership reviews).
• Maintain and improve financial models, tools, and reporting dashboards.
• Support scenario planning, cost optimization initiatives, and ad‑hoc financial analysis.
• Collaborate cross‑functionally with Accounting, Strategy, Operations, and HR teams.
• Build and enhance dashboards within Apptio or Tableau to communicate cost drivers, KPIs, and service consumption metrics.
• Maintain data dictionaries, service catalogs, and IT cost transparency models critical to delivering the Bill of IT.

• A bachelor's degree in finance, accounting, information systems, data/business analytics, or a related field preferred.
• 4-8 years of experience in IT financial management, technology business management, finops, data analytics, cost accounting, or systems support roles.
• Hands‑on experience with Apptio, including any combination of Cost Transparency, Planning, or Target Process modules.
• Understanding of IT service costing, cost allocation, and financial modeling concepts.
• Proficiency in Excel, data integration, and financial modeling.
• Familiarity with enterprise systems (ERP, CMDB, cloud billing, project tracking tools).
• Ability to work with large data sets across disparate sources (e.g., GL, HR, cloud, on‑prem IT).
• Strong analytical skills with attention to detail.
• Experience with financial systems such as Anaplan, Oracle, SAP, Workday Adaptive, or similar.
• Excellent communication…