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Remote New

Business Analyst, Sr. Associate

New York Life Insurance Company
life insurance
United States, New Jersey
Apr 23, 2025

Location Designation:Hybrid - 1 day per quarter

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 willbe part ofan inclusive teamguided by our belief to always be there for each other-providing the support and flexibilityto 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.

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.

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 willbe part ofan inclusive teamguided by our belief to always be there for each other-providing the support and flexibilityto 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.

Job Function and Key Duties & Responsibilities:

The Finance Technology team within the Controllers' is looking for a Business Analyst with a

minimum of 5 years' experience within the accounting or finance landscape. The Finance Technology team is atrusted partner to the Finance organization working to identify solutions for the execution of strategic initiatives and critical business functions regarding process efficiency, data accessibility, governance and service provider relationship management.

The Business Analyst position is responsible for coordinating business requirements for changes to

business processes, policies and information systems. The business analyst understands business

problems and opportunities in the context of the requirements and partners with the business to evaluate solutions. The position navigates across functional and technical boundaries to facilitate relationships and

translate business needs into finance and technology solutions.

This position will support many strategic projects across Finance and Controllers' including:

  • Continued Integration to support acquisitions.
  • Upgrades across the financial systems landscape.
  • Various enhancements which range from small efforts to multi-year programs.
  • Be an integral member of the team working on the general ledger upgrade.

What You'll Do:

  • Interact with business, conduct analysis, and document business processes, workflow and requirements.
  • Solicit business and system requirements using walk-through, document analysis, use case scenarios, business analysis, task and workflow analysis.
  • Understand the success criteria defined by the business or recognize when the business lacks a clear vision of success criteria. Ensure alignment is achieved for success criteria and continually validate scope and requirements against the agreed upon objectives.
  • Write clear and concise requirements ensuring that requirement statements are complete, consistent, concise, comprehensible, feasible, unambiguous, traceable, and verifiable.
  • Responsible for business requirements, functional requirements, non-functional requirements, data requirements, and reporting requirements.
  • Analyze and interpret business requirements into functional requirements and specifications that have an appropriate level of detail suitable for use by the technology teams.
  • Ability to work with our business and technical partners to achieve an efficient and effective solution with holistic view across internal and external systems.
  • Verify that the solution meets the business, compliance and technical requirements.
  • Support business and technology teams to ensure key deliverables are met in an accurate timely manner.
  • Provide subject matter expertise and assist in the troubleshooting of problems and issues; make recommendations and provide alternative solutions when applicable.

Requirements and Skills:

  • Strong verbal and communication skills with a comfort presenting requirements, recommendations and solutions to varying levels of management, including in some cases executives.
  • Proficiency in requirements gathering and documentationwith strong attention to accuracy and details.
  • Strong analytical and problem-solving skills.
  • Ability to explain technical solutions to technical and non-technical teams.
  • Use best practices and knowledge of internal or external business issues to improve services.
  • Interpret business challenges, identifies trends and recommends best practices.
  • Explain difficult or sensitive information; collaborate with others to build consensus.
  • Must be very organized and have excellent follow-up skills.
  • Must be team oriented in interacting with a diverse group.
  • A proactive self-starter with the ability to work independently.
  • Ability to manage multiple simultaneous priorities and be comfortable escalating challenges with capacity if necessary.

What You'll Bring:

  • 5+ years of Business Analysis, Accounting, Systems Analysis or similar experience.
  • Previous experience working within the Life Insurance or Financial Services Industry is a plus.
  • Knowledge of NYL products and applications is a plus.
  • Experience working within agile and waterfall methodologies to deliver large complex projects.

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 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.

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:91826

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