Location Designation: Hybrid - 3 days per week
When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
An associate position on the Treasury Operations team within Treasury and FP&A in Corporate Finance. You will be part of a dynamic, fast-paced team primarily responsible for assisting the group with cash management and payment responsibilities, interacting with the business areas on payment investigations, the production of bank balance reporting, and approving payment requests.
Major responsibilities:
- Reviewing payments that have been input by wire processors for accuracy and appropriateness, ultimately approving and releasing.
- Reacting to and investigating payment inquiries we receive from various business areas.
- Opening and following up on investigations with our banks for payment (wire and check) statuses and in some cases reimbursement in events of fraud.
- Prepare and distribute emailed daily/monthly reporting around our bank balances to stakeholders, including various levels of management and responding to question if they arise.
- Preparing monthly entries into SAP as it relates to our subsidiaries, NYL Canada and Cap Corp.
- Assisting the team with in-flight projects (i.e.TPAS, cash forecasting system replacement) and daily activities as needed.
Qualifications:
- Bachelor's Degree in Finance or Accounting, preferred. Associate's degree and insurance experience considered.
- 0 to 2 years of experience in a corporate Treasury environment
- Familiarity with Treasury Workstations preferred (Kyriba)
- Knowledge of insurance company line of business structure preferred.
- Proficiency in Excel, Word
- Knowledge of SAP
- Ability to Communicate with various levels of management.
- Strong interpersonal, written, and oral communication skills, and attention to detail
Salary range: $47,500-$80,000
Overtime eligible: Nonexempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
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. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 90624
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About NY Life Insurance Company
Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.
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 a diverse 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.
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.
Required Legal Notices - All Candidates Please Click Here
What We Do
Hi, we're New York Life, one of America's largest mutual life insurance companies. New York Life and its subsidiaries provide insurance, investment and retirement solutions. For 175 years, we've been helping people put their love into action.
