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The Role
Manage Statutory accounting close process, oversee junior staff, and drive automation initiatives while improving financial reporting and controls.
Summary Generated by Built In
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.
You are our future, and we commit to investing in you accordingly.
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.
You are our future, and we commit to investing in you accordingly.
The candidate will be part of the Accounting Operations Division responsible for managing the close process, on Statutory basis, in a high paced and challenging environment. The group works closely with all business areas throughout the company, senior management and technology. The role requires strong accounting & analytical skills, clear and concise communication, staff management, and a willingness to challenge the status quo. The candidate will be a key contributor in process improvement and automation initiatives that are currently underway, as well as identifying future improvement opportunities. The role will provide in depth institutional knowledge, exposure to all aspects of the Company's financials and the opportunity to increase technical skills using new technology.
What You'll Do:
• Talent cultivation• Production of thorough variance analysis and management reports, coordinating with business areas to understand activity and explanations• Partner with business areas to understand and advise on accounting transactions• Review and approval of journal entries and account reconciliations prepared by junior level staff and co-sourced resources.• Perform divisional SOX controls• Managing intercompany transactions and addressing process discrepancies efficiently.• Identify and drive process improvements• Utilize RPA (Robotic Process Automation) technology• Assist in achievement of departmental and internal division goals• Support rotational associate and internship programs
What You'll Bring
• B.S. in Accounting preferred • 6+ years relevant experience• Deep knowledge Statutory Accounting Principles• Proficient in SAP General Ledger with hands-on experience• Strong understanding of financial controls• Willingness to seek innovative efficiencies• Strong leadership and collaboration skills
Pay Transparency
Salary Range: $95,000-$162,500
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.
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 hereto 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 the Foundation. 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: 92044
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.
You are our future, and we commit to investing in you accordingly.
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.
You are our future, and we commit to investing in you accordingly.
The candidate will be part of the Accounting Operations Division responsible for managing the close process, on Statutory basis, in a high paced and challenging environment. The group works closely with all business areas throughout the company, senior management and technology. The role requires strong accounting & analytical skills, clear and concise communication, staff management, and a willingness to challenge the status quo. The candidate will be a key contributor in process improvement and automation initiatives that are currently underway, as well as identifying future improvement opportunities. The role will provide in depth institutional knowledge, exposure to all aspects of the Company's financials and the opportunity to increase technical skills using new technology.
What You'll Do:
• Talent cultivation• Production of thorough variance analysis and management reports, coordinating with business areas to understand activity and explanations• Partner with business areas to understand and advise on accounting transactions• Review and approval of journal entries and account reconciliations prepared by junior level staff and co-sourced resources.• Perform divisional SOX controls• Managing intercompany transactions and addressing process discrepancies efficiently.• Identify and drive process improvements• Utilize RPA (Robotic Process Automation) technology• Assist in achievement of departmental and internal division goals• Support rotational associate and internship programs
What You'll Bring
• B.S. in Accounting preferred • 6+ years relevant experience• Deep knowledge Statutory Accounting Principles• Proficient in SAP General Ledger with hands-on experience• Strong understanding of financial controls• Willingness to seek innovative efficiencies• Strong leadership and collaboration skills
Pay Transparency
Salary Range: $95,000-$162,500
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.
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 hereto 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 the Foundation. 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: 92044
Top Skills
Rpa (Robotic Process Automation)
Sap General Ledger
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The Company
What We Do
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. Together, we’re building something bigger — and your ideas, energy, and growth power the change ahead.
Why Work With Us
New York Life is a Fortune 100 mutual company with a 180-year legacy of purpose, stability, and trust. Today, we’re modernizing how we operate, deliver value, and grow — backed by strong leadership and strategic investment in talent, infrastructure, and innovation.
Gallery
New York Life Insurance Company Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Typical time on-site:
Not Specified
New York, NY
