Contract Associate, Stable Value Investments Job Details | New York Life Insurance Co
New York Life is a leading insurance company focused on providing financial stability through a diverse suite of annuity products. The Contract Associate will support the Stable Value Investments team by drafting and filing group annuity contracts, managing regulatory filings, and collaborating with various internal teams to ensure compliance and support product development.
Responsibilities
- Prepare state insurance department filings of contracts and amendments
- Manage filing progress through System for Electronic Rates and Forms Filing (SERFF) and directly via Insurance Department website; interact with state insurance department personnel as needed, as well as monitor and track all regulator correspondence
- Coordinate signature and delivery process of relevant documents
- Support the team’s efforts to develop new products, adapt existing products for new markets, and keep in-force business current through periodic reviews and amendments
- Manage project plans as business needs dictate
- Coordinate activity with other members of the SVI team as well as internal support groups (Sales, Actuarial, Guaranteed Products, and Legal) on product, contract, compliance and business issues
- Underwriting reviews for prospective clients
- Review on-going transactional (deposit/withdrawal) activity requests from clients to ensure contractual compliance
- Assist in preparation of presentation materials
- Assist in planning client conference calls, meetings and entertainment
- Lead or participate in group projects
- Ad-hoc administrative tasks including audit preparation, document archiving, and file maintenance
Skills
- Bachelor's Degree preferred
- 1+ years' work/intern experience in financial or insurance industry; fixed-income or stable value literacy a plus
- Professional communication skills with emphasis on strong, clear, and concise writing abilities
- Ability to adapt to changing priorities, manage deliverables and multi-task under pressure
- Strong organizational and interpersonal skills
- Ability to work independently and collaboratively in a team environment, with the tenacity to follow projects through to completion
- Proficiency in Microsoft Word, Outlook, PowerPoint, and Excel. Familiarity with SERFF, SalesForce or Tableau a plus
Benefits
- Overtime eligible: Nonexempt
- Discretionary bonus eligible: Yes
- Employees are eligible for an annual discretionary bonus
- Employees may also be eligible to participate in an incentive program
- 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
Company Overview
Company H1B Sponsorship