Corporate Vice President & Actuary

Location Designation:Fully Remote

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.

Business Overview:
Join Corporate Finance at New York Life, where your actuarial expertise will have a strategic impact. You'll partner across functions to ensure the accuracy and integrity of actuarial data and balances while driving innovation in reporting processes. Become part of a high-performing team dedicated to financial stewardship, regulatory excellence, and continuous improvement.

Role Overview:
We are seeking a highly motivated and detail-oriented actuarial professional to join the Life Valuation and Asset Liability Modeling (ALM) team's model oversight function. This role plays a critical part in ensuring the integrity of actuarial models used in various life insurance valuation and projection processes. The oversight function serves as a liaison between valuation and ALM production teams, actuarial model developers, risk management, and finance, ensuring models are fit for use and aligned with internal standards and regulatory requirements.

What You'll Do:
* Oversee model lifecycle management from Life Valuation and ALM's perspective, including prioritizing enhancement requests, implementation testing, and ensuring timely execution of model changes for annual assumption updates and regulatory compliance.
* Coordinate and perform model validation and review processes to support valuation and ALM reporting functions as well as in collaboration with internal and external auditors.
* Develop and maintain comprehensive model documentation including model methodology, assumptions, and limitations.
* Collaborate with various internal actuarial functions including valuation, pricing, experience studies, and model development teams to ensure consistent assumption usage and model methodology.
* Contribute to enterprise-wide initiatives focused on data consolidation, governance, and reporting standardization.

What You'll Bring:
* Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
* 6+ years of actuarial experience, preferably in insurance, financial services, or consulting.
* ASA designation required; FSA preferred.
* Familiarity with relevant US life insurance statutory financial reporting, asset adequacy testing, and other similar regulatory standards.
* Demonstrated success in managing audits, model governance, documentation, and stakeholder communication.
* Excellent communication skills, including the ability to translate technical concepts to non-technical stakeholders.
* Strong analytical mindset and attention to detail.

Preferred Qualifications:
* Familiarity with FIS Prophet actuarial software.

Pay Transparency

Salary Range:$110,000-$180,000

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.

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 here to 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 theFoundation.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.

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Job Requisition ID: 92138