Senior Associate - Financial Accounting & Reporting

Senior Associate (PF3) - Separate Accounts (FP&A)

Location Designation:
Hybrid - 3 days per week. This position is a hybrid role
- Tuesday
- Thursday in the NY Office, Monday & Friday work from home.

What You'll Do:

• Review monthly and quarterly account reconciliations, journal entries, and trend analysis for investment and insurance activities related to the NYLIAC and NYL Separate Accounts, with a focus on accuracy, reasonableness, and key business drivers.
• Perform analytical review of monthly and quarterly investment and insurance activity, identifying trends, variances, and items requiring follow-up.
• Support the preparation and review of the annual Separate Account Statutory statements and other regulatory filings.
• Review Statutory accounting disclosures and footnotes, including supporting analysis and documentation.
• Review monthly and quarterly internal management reports and provide value-add analysis to support financial reporting and management decision-making.
• Participate in special projects and ad hoc requests, including process improvement, automation, reporting enhancements, and other value-add initiatives.
• Review work completed by offshore accounting staff and provide timely feedback to support accuracy, consistency, development, and continued process improvement.

What You'll Bring:

• Bachelor's degree in Accounting, Finance, or a related field with 3–5+ years of experience in investment accounting, financial reporting, accounting operations, or related finance functions.
• Knowledge of life insurance industry accounting, Statutory accounting principles, and/or insurance Separate Accounts is a plus.
• Understanding of financial controls, SOX/MARS requirements, and best practice review processes.
• Strong analytical skills with the ability to interpret financial results, identify trends and variances, and communicate key business drivers and insights.
• Proficiency in Microsoft 365 applications, including Excel, Word, and PowerPoint.
• Experience leveraging technology, automation, and AI-enabled tools to improve efficiency, enhance analysis, strengthen documentation, and support decision-making.
• Demonstrated ability to identify opportunities to streamline processes, reduce manual effort, improve controls, and enhance reporting effectiveness.
• Self-motivated professional with strong interpersonal skills, sound judgment, professionalism, and integrity.
• Adaptable, curious, and open to learning new tools, technologies, processes, and ways of working.
• Excellent organizational, multitasking, and prioritization skills.
• Knowledge of Analysis for Office, Wings, SAP, or similar financial reporting and accounting systems is a plus.

Pay Transparency

Salary Range: $80,000-$105,000

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…