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New York Life Insurance Company

Senior Associate - Financial Modeling Technician

Posted 6 Hours Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in New York, NY
88K-126K Annually
Mid level
In-Office or Remote
Hiring Remotely in New York, NY
88K-126K Annually
Mid level
The Senior Associate - Financial Modeling Technician role involves configuring and executing Prophet jobs, maintaining model input data, and collaborating with actuarial and IT teams to enhance financial modeling operations.
The summary above was generated by AI
Location Designation: Fully Remote
NEW YORK LIFE
Title: Senior Associate, Financial Modeling Technician
Location: Remote, any state
Business Overview:
The Actuarial Operations Department at New York Life is seeking a motivated and detail-oriented Senior Associate to join our Prophet Staging & Production Team, a group at the heart of our financial modeling operations. This team plays a vital role in producing Asset-Liability Management (ALM), Valuation, and other financial modeling metrics using the Prophet Enterprise actuarial platform.
This is an excellent opportunity for a candidate with a strong technical background to gain exposure to modeling operations across a diverse portfolio of life insurance and annuity products. You'll collaborate closely with both actuarial and IT teams, contributing to process standardization and automation efforts that drive innovation and efficiency across the organization.
Role Overview:
Join a high-impact team where your work directly supports multiple actuarial functions across the organization. As a Financial Modeling Technician on the Prophet Staging & Production Team, you'll play a pivotal role in delivering trusted modeling results that drive strategic decisions. This is a dynamic opportunity for someone who thrives on improving processes, embracing innovation, and collaborating across teams.
What You'll Do:
  • Configure and execute Prophet jobs for testing, reporting, and runtime optimization
  • Maintain and update input data using Assumption Manager within Prophet Enterprise
  • Analyze model output, perform reasonableness checks, and ensure high-quality results
  • Implement controlled changes based on stakeholder requests, while upholding model governance standards
  • Collaborate with actuaries to refine model inputs, configurations, and data transformation workflows
  • Partner with IT teams to advance automation initiatives and streamline operations
  • Monitor and report on model runtime efficiency and cloud-based cost metrics
  • Challenge existing processes and champion continuous improvement to enhance team performance and modeling capabilities

What You'll Bring:
  • 2-5 years of experience in finance, actuarial, or other quantitative roles
  • Bachelor's degree in Finance, Mathematics, Engineering, or a related field
  • Strong technical skills with excellent attention to detail
  • Strong analytical and problem-solving skills, with the ability to interpret complex model outputs
  • Effective communication and collaboration skills, especially in cross-functional settings with actuarial and IT teams
  • Interest in process improvement and automation, with a mindset geared toward innovation and operational efficiency
  • Ability to manage multiple priorities in a fast-paced environment, with a proactive approach to learning and development
  • Proficiency with Microsoft Excel, Word, and VBA (required)
  • Experience with the FIS Prophet Suite (Professional or Enterprise) preferred
  • Exposure to financial services, data operations, or actuarial modeling is a plus

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Pay Transparency
Salary Range: $88,000-$125,500
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.
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 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: 92940

Top Skills

Fis Prophet Suite
Excel
VBA
Word
HQ

New York Life Insurance Company New York, New York, USA Office

51 Madison Avenue, New York, NY, United States, 10010

New York Life Insurance Company Jersey City, New Jersey, USA Office

New York Life Insurance Company Jersey City, NJ Office

30 Hudson Street , Jersey City, New Jersey, United States, 07302

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